How to SELL USDT on Binance P2P | Gcash Withdrawal | Easy Guide | Tutorial

Introduction

This tutorial provides a step-by-step guide on how to sell USDT (Tether) on Binance P2P and withdraw the funds to your Gcash account. It is designed for beginners looking to navigate the Binance platform and utilize P2P trading for cryptocurrency transactions. Selling USDT can be a straightforward process, and this guide will help you do it efficiently.

Step 1: Create a Binance Account

• Visit the Binance registration page: Binance Registration.
• Fill in your details, including email and password.
• Complete the verification process by confirming your email.
• Enable Two-Factor Authentication (2FA) for added security.

Step 2: Fund Your Binance Account with USDT

• Log in to your Binance account.
• Go to the "Wallet" section and select "Spot Wallet."
• Click on "Deposit" and choose USDT as the cryptocurrency.
• Follow the instructions to send USDT from your external wallet to your Binance account.

Step 3: Navigate to P2P Trading

• From the Binance homepage, select "Trade."
• Click on "P2P" to access the P2P trading platform.
• Ensure you are on the “Sell” tab to start the selling process.

Step 4: Select USDT and Gcash

• Choose USDT as the cryptocurrency you want to sell.
• In the payment method section, select Gcash.
• Browse through the available offers from buyers. Pay attention to their ratings and the limits they set.

Step 5: Place a Sell Order

• Click on the offer that suits you.
• Enter the amount of USDT you wish to sell.
• Review the offer details, including the price and payment method.
• Click "Sell USDT" to confirm your order.

Step 6: Complete the Transaction

• Once the buyer confirms the order, you will need to wait for their payment.
• Check your Gcash account to verify that the funds have been received.
• After confirmation of payment, click "Release" to transfer the USDT to the buyer.

Step 7: Withdraw Funds to Your Gcash Account

• Go back to your Binance account and navigate to "Wallet."
• Select "Withdraw" and choose PHP as the currency.
• Enter the amount you want to withdraw and your Gcash account details.
• Confirm the withdrawal and wait for the funds to appear in your Gcash account.

Conclusion

Selling USDT on Binance P2P and withdrawing to Gcash is a simple process that can be completed in a few straightforward steps. Ensure you follow the instructions carefully, especially when verifying payments. Always double-check the buyer's credibility and transaction details to avoid scams. Now that you know how to sell USDT, consider exploring other cryptocurrencies or trading options available on Binance.