For Beginners

How To Trade $USDT Tokens

Learn about USDT tokens and how to trade them on Sushi

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đź’ˇWhat is $USDT?

USDT, also known as Tether, is the largest stablecoin pegged to the US dollar. It is completely backed by real assets, meaning 1 USDT is equivalent to 1 USD. Stablecoins like USDT are useful in decentralized finance because they provide a stable value that is not subject to market volatility like other cryptocurrencies.

Read more here


🌕 How To Buy $USDT On The Ethereum Network

  1. Get the MetaMask wallet browser extension at http://metamask.io/.
  2. Buy $ETH at any fiat-token gateway and send $ETH to your MetaMask ETH wallet address.
  3. Head over to the Swap page, click on Connect Wallet in the top right corner. Select Ethereum Mainnet on the drop down menu.
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  4. In the top left corner of the swap window, select Swap.
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  5. Select USDT on the bottom half of the swap window and input the amount you wish to purchase, click on Swap.
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  6. Confirm your swap.
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  7. Add $USDT tokens to your MetaMask.
  8. Congratulations! You have just successfully purchased $USDT tokens.

🤝 How To Sell Your $USDT To $ETH Or Other Stablecoins

  1. Head over to the Swap page, click on Connect Wallet in the top right corner. Select Ethereum Mainnet on the drop down menu.
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  2. In the top left corner of the swap window, select Swap.
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  3. Select UDST on the upper half of the swap window and input the amount you wish to sell to $ETH or other stablecoins and click on Swap.
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  4. Confirm your swap.
  5. Voila! You have successfully sold your $USDT to $ETH.

đź’¬ Still have questions?

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