Looking to sell USDT for cash in Ho Chi Minh City? Whether you are a tourist or a local, converting Tether to fiat currency in Vietnam requires knowing the right spots. This 2025 guide covers the best Gold Shops and safety tips.
Is it Legal to Sell USDT in Ho Chi Minh City?
Generally, P2P trading is a grey area, while licensed ATMs are fully legal. Unofficial but widely used for swaps. Always check local regulations in Vietnam before transacting large amounts.
Best Method: Gold Shops
In Ho Chi Minh City, the most popular way to cash out is via Gold Shops.
- Convenience: High.
- Privacy: Low (KYC required).
- Risk Level: Medium.
Safety Tips for Ho Chi Minh City 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 “Ho Chi Minh City” or “Vietnam” to find local bank transfer options.
