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