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