How to sell USDT, step by step

Seven screens from your wallet to money in your bank. Your USDT waits in escrow while the buyer pays you directly, and you release it only after you have seen the money.

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Step by step

The screenshots come from the Collext app on iPhone with a demo account. Offers marked Demo are samples; real offers look the same without the badge. The website works the same way.

  1. Step 1

    Have USDT and a bank account ready

    The USDT in your wallet is what you can sell: deposit some from another wallet, or buy it first. In your account's payment details, add the Telebirr number or bank account you want to be paid into, in your own name.

    The Wallet screen showing a USDT balance with Deposit, Withdraw and Trade buttons

  2. Step 2

    Open Trade, then Sell, and pick a buyer

    Each offer on the Sell side is a buyer: the price they will pay for one USDT, how much they want, their limits and the banks they pay from. The best price comes first; sort by completion rate or most trades to find reliable buyers.

    The Collext Trade screen on the Sell side: a list of buyers with the price they pay in ETB, available USDT, limits and banks

  3. Step 3

    Enter how much USDT to sell

    Type the amount. You see the Birr you will receive and the bank you will be paid at. The USDT is locked in escrow from your wallet until the buyer's payment is verified, so it cannot be spent twice. Tap Sell USDT.

    The offer screen with 1 USDT entered, showing the ETB you will receive, the bank and the escrow note

  4. Step 4

    Wait for the buyer to pay

    Your USDT is now locked, and the buyer has the payment window to send the Birr to your bank account. If they don't pay in time, the order expires and the USDT returns to your wallet, so you lose nothing.

    The order screen: Waiting for the buyer to pay, a 29 minute countdown and the USDT locked in escrow

  5. Step 5

    Check the money in your bank account

    When the buyer sends their receipt, the order moves to Verifying. Receipts from Telebirr and the CBE, Awash and Dashen apps are checked automatically. Open your own banking app and make sure the money has arrived; never release because of a screenshot or a message.

    The order screen showing Verifying CBE payment and the I received payment, release now button

  6. Step 6

    Release the USDT

    If the payment hasn't released the escrow by itself, tap I received payment and confirm. Releasing is final, so only do it when the Birr is in your account. If something is wrong, open a dispute instead.

    The Release escrow confirmation: only continue if the ETB has arrived in your bank account, with Release and Not yet buttons

  7. Step 7

    Done

    The USDT goes to the buyer, the Birr is already in your own account, and the order shows Trade completed. Trades are free for both sides.

    The order screen showing Trade completed with all four steps ticked

Before you start

  • A Collext account with a confirmed email.
  • USDT in your wallet, and a Telebirr number or bank account in your own name to be paid into.

Stay safe

Release only after you have seen the money in your own account, not because of a screenshot, a message or a payment from someone else's account. If a buyer says they have paid and you see nothing, don't release: open a dispute from the order.

Questions people ask

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Updated 2026-10-23. Crypto assets are volatile; see our risk disclosure.