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