Tether FAQs

What is Tether?
Tether (USDT) is a stablecoin that is worth around 1 USD. The rate can fluctuate a bit, but it's a 1:1 representation of 1 US dollar on the Ethereum blockchain.
Who can trade Tether on Paxful?
Only ID-verified users can trade or convert Tether (USDT) on Paxful.
What are the fees for converting USDT?
For the full breakdown of Tether fees, check on this article.
Can my Tether transaction be cancelled or reversed?
Unfortunately, transactions on the blockchain can’t be cancelled or reversed. For more information, check out this article.
What is the minimum USDT amount I can sell, buy, or convert?
With Paxful, the minimum amount you can buy, sell, and convert is 10 USDT.
How can I buy or sell Tether?

You can buy or sell Tether the same way as you would buy or sell Bitcoin in the marketplace! 

  • Head over to the buy and sell pages to see a list of the current Tether offers. 
  • You can also create your own Tether offers (just make sure you’re ID verified!).
  • You can also convert your BTC into USDT in your Paxful Wallet. Check out this article for more information.
How do I get a Tether wallet address?

Just head to your Paxful wallet and click on “Receive” under Tether to get your USDT address. You can also check out our Receiving and Depositing Tether article for more information.

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