USDT - All you need to know!

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✨Creating your USDT trading account

Olymp Trade offers USDT currency accounts so that you can deposit directly with USDT. This means all transactions can be done through USDT! 

Creating a USDT account is very easy! Here's how you can do it:

1. Go to our website.
2. Click on your balance. It will open the 'Account' tab. 
3. Press the plus (+) button to add a trading account and select USDT. 

Here you have a video of how to create a multi-account in the browser and the app versions! 

Learn more about multi-accounts here. 

A USDT trading account will be automatically created during registration if you sign up after June 29, 2022. You can check your available multi-accounts by clicking in your balance. It will open the 'Accounts' tab. 

📝Opening a Cryptowallet

You will need a USDT cryptowallet to top-up your USDT trading account. If you already have USDT in hand, please skip this step. 

If you don't have a cryptowallet yet - don't worry! The process is very simple. 

A lot of our customers use 'Binance'. It is very popular and easy to use. If you want to open an account there, we recommend checking their website: https://www.binance.com. Also, you can check out the steps on how to buy USDT from Binance here. 

We can also recommend the platform 'Wazirx', for our Indian customers. If you want to open an account there, we recommend checking their website: https://www.wazirx.com. Check out the steps on how to buy USDT from Wazirx here.

You can find more information about this in our Help Center through this link.

💰Deposit steps

The minimum deposit amount in your USDT account is 5 USDT.

• Go to this link and select 'Deposit' after clicking the 'Payments' button. 

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• Choose your deposit amount. If you have a promo code, select it by clicking 'Promo Code'. 

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• Choose your desired payment method or token standard.

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Currently we have USDT (Binance) and USDT (ERC20) 

• You will receive all the information required for your payment. 

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• Open your USDT-wallet app and complete the payment with the data provided.

Here's an example of how to do it in Binance:

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Here's an example of how to do it in Wazirx: 

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📹Check out this helpful video that guides you through the process step-by-step! 

⏰Deposit timeframe

 Your deposit will be credited in just 24 hour after the funds are deducted from your wallet. 

🤔Withdrawal steps

The minimum amount of withdrawal is 5 USDT.  

You can withdraw using the same payment system or token standard that you used for your deposit. We have USDT (Binance) and USDT (ERC20) 

To withdraw your funds, you need to fill in the following information on the withdrawal page:

• Withdrawal amount
• Wallet address

⚠️Withdrawal fees 

• USDT ERC-20 - 25 USDT 
• USDT Binance - 1 USDT 

Cryptocurrency transactions always include standard fees imposed by the wallets. We introduced this fixed fee to cover them. It allows our traders to receive the exact amount of withdrawal without any unexpected charges.

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After your withdrawal request is processed, you will receive your payment within 24 hours. 

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