Looking to sell USDT for cash in Phnom Penh? Whether you are a tourist or a local, converting Tether to fiat currency in Cambodia requires knowing the right spots. This 2025 guide covers the best Exchange Counters and safety tips.
Is it Legal to Sell USDT in Phnom Penh?
Generally, P2P trading is a grey area, while licensed ATMs are fully legal. USDT is widely accepted as cash substitute. Always check local regulations in Cambodia before transacting large amounts.
Best Method: Exchange Counters
In Phnom Penh, the most popular way to cash out is via Exchange Counters.
- Convenience: High.
- Privacy: Low (KYC required).
- Risk Level: Medium.
Safety Tips for Phnom Penh Traders
- Meet in Public: If doing P2P, choose a mall or coffee shop.
- Count Cash First: Never release USDT before verifying the cash.
- Check Bills: Be aware of counterfeit notes.
Alternative: Online P2P
If you can’t find a physical location, use Binance P2P filtering for “Phnom Penh” or “Cambodia” to find local bank transfer options.
