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