Converting XRP (XRP) to USDT is a common move for traders looking to lock in profits or hedge against volatility. This guide explains the fastest and cheapest ways to swap XRP for Tether, with specific attention to network fees and security.
Quick Snapshot: XRP to USDT
- Asset Type: Banking (Legacy cross-border payment coin.)
- Volatility Risk: High vs Stable (USDT)
- Key Warning: Always include the Destination Tag/Memo!
Method 1: Centralized Exchanges (Binance/Bybit)
The most liquid market for XRP/USDT is usually on major CEXs.
- Deposit XRP to your exchange wallet.
- Go to ‘Spot Trading’ and search for the pair XRP/USDT.
- Select ‘Market Order’ for instant execution or ‘Limit Order’ to set your price.
- Click Sell XRP. You now hold USDT.
Method 2: Decentralized Swap (DEX)
If you hold XRP in a private wallet (like MetaMask or Trust Wallet), you can swap without KYC.
- For ERC20 tokens: Use Uniswap (Requires ETH for gas).
- For BEP20 tokens: Use PancakeSwap (Requires BNB for gas).
- For Solana tokens: Use Jupiter or Raydium (Requires SOL).
Fee Comparison
| Method | Exchange Fee | Network Fee |
|---|---|---|
| CEX (Binance) | 0.1% | Deposit fee varies |
| DEX (Uniswap) | 0.3% | Gas ($2-$50) |
| Swap Services (Changelly) | 0.5% – 2% | Included in spread |
Conclusion
If you are moving large amounts, stick to CEXs for deep liquidity. For smaller, private swaps, a DEX is preferable, but watch out for gas fees.
