The world of cryptocurrency has witnessed significant growth in recent years, with various digital assets gaining popularity. Among them, Tether (USDT), a stablecoin pegged to the US dollar, has become one of the most widely used cryptocurrencies. If you’re a USDT holder looking to sell your holdings for Naira, the Nigerian currency, you may have come across peer-to-peer (P2P) platforms as the primary means of conversion. 

However, there is an alternative method that allows you to sell your USDT for Naira directly, without the need for P2P transactions. In this blog post, we will explore the process of selling USDT for Naira using DTunes, an app available on both the App Store and Play Store.

What Is Dtunes?

DTunes is a user-friendly mobile application designed to facilitate the selling of cryptocurrencies and gift cards in Nigeria. With its intuitive interface and secure platform, DTunes offers a convenient alternative for converting USDT and other cryptocurrencies to Naira directly.

What Is P2P?

In a P2P cryptocurrency transaction, buyers and sellers connect directly through an online platform or marketplace. The platform facilitates the matching of buyers and sellers based on their respective trade requirements, such as the desired cryptocurrency, price, and transaction volume. Once a match is found, the participants can negotiate the terms of the trade, such as the exchange rate and payment methods.

How To Sell USDT For Naira Without Using P2P

Sure! Here’s an elaboration of the steps involved in selling USDT on Dtunes, making them more communicative:

1. Download the Dtunes app from either the Play Store (for Android users) or the App Store (for iPhone users). Look for the Dtunes app and tap on the “Download” button to install it on your device.

   Click this link ( Dtunes.ng ) to download Dtunes app for your mobile operating system respectively

2. Once the app is successfully installed, open it and proceed to create a new account. You will likely find a “Sign Up” or “Create Account” option on the app’s main screen. Tap on it and follow the on-screen instructions to provide the required information, such as your name, email address, and password. Make sure to choose a strong and unique password to secure your account.
3. After creating your account, sign in using the credentials you just set up. Look for the “Sign In” or “Log In” option on the app’s main screen. Enter your email address and password to access your Dtunes account.
4. To sell USDT and receive funds in your bank account, you need to link your bank details and set a PIN. Navigate to the account settings or profile section within the app, where you will find an option to add your bank details. Provide the required information, such as your bank account number, and any other details requested. Additionally, set a secure PIN to protect your account from unauthorized access.
5. Once your bank details and PIN are set up, go to the home page of the Dtunes app. Look for the “Trade Crypto”. Usually prominently displayed on the main screen. Tap on it to proceed with selling your USDT.
6. On the trade crypto page, you will see a list of available cryptocurrencies that you can sell. Look for “USDT TRC20” in the list and select it. USDT TRC20 represents the specific type of USDT token you will be selling.
7. After selecting USDT TRC20, you will be prompted to input the amount of USDT you want to sell. Enter the desired quantity, and the app will display the current exchange rate and the amount you will receive in return. Take note of these details for transparency and reference.
8. Once you’ve entered the amount, proceed with the trade by tapping on the relevant button, such as “Sell” or “Proceed.” This action will initiate the transaction process.
9. Go ahead to scan the code or copy the wallet address to perform the needed transaction.
10. After the transaction is confirmed and completed, the funds from the sale of your USDT will be deposited into your Dtunes wallet. This wallet is digital storage within the app where your funds are stored securely.
11. At this point, you can choose to withdraw the funds from your Dtunes wallet to your linked bank account. Locate the “Withdraw” or “Cash Out” option within the app, usually found in the wallet or account settings section. Follow the instructions provided, enter the amount you wish to withdraw, and confirm the transaction. The cash will be transferred from your Dtunes wallet to your bank account, making it accessible for your personal use.

Remember to exercise caution and double-check all the details during the selling process to ensure a smooth and secure transaction.

Paolo Ardoino of Tether explains why $USDT is the safest of all stablecoins

Why Dtunes is better than Binance and Paxful

When comparing Dtunes to platforms like Binance and Paxful P2P, several advantages make Dtunes stand out:

1. Transaction Safety, Speed, and Security: Dtunes prioritizes the safety, speed, and security of your transactions. With robust security measures and encryption protocols in place, you can have confidence that your USDT transactions are protected against unauthorized access or data breaches.
2. No Risk of Account Bans by the Central Bank of Nigeria (CBN): Unlike some other platforms, Dtunes ensures that your account won’t be at risk of being banned by the CBN. This provides peace of mind and allows you to freely engage in USDT transactions without worrying about regulatory restrictions.
3. Privacy of Personal Details: Dtunes values your privacy and takes measures to protect your personal information. Your details are kept confidential and are not shared with government authorities unless required by law. This safeguards your privacy and provides a layer of anonymity in your cryptocurrency transactions.
4. Seamless Payment Experience: When selling your USDT on Dtunes, you’ll experience a smooth payment process. The funds you receive from the sale are deposited into your account, appearing as a regular bank transfer. This adds an extra layer of anonymity and makes it difficult to trace the transaction back to cryptocurrency, ensuring privacy and financial flexibility.
5. Minimized Risk of Scams: Dtunes is designed to minimize the risk of scams. By implementing rigorous security measures and vetting processes, Dtunes aims to create a trustworthy environment for buyers and sellers. This reduces the likelihood of falling victim to fraudulent activities and offers a sense of security when engaging in cryptocurrency transactions.
6. Streamlined Financial Utility: Dtunes offers a streamlined financial ecosystem where you can not only sell your USDT but also conveniently utilize the funds for various purposes. Instead of the traditional process of converting USDT to Naira, you can now sell your USDT on Dtunes and directly utilize the funds in your Dtunes wallet to pay bills, purchase airtime, and even buy data. This integration of services within the Dtunes platform eliminates the need for multiple transactions or external conversions, providing you with a seamless and efficient way to manage your finances and meet your everyday needs.

Overall, Dtunes offers a safer, more secure, and privacy-focused platform for selling USDT compared to other alternatives like Binance and Paxful P2P. With Dtunes, you can enjoy a hassle-free selling experience, financial privacy, and the assurance of reliable and transparent transactions.

Selling Gift Cards for Cash on Dtunes: Unlocking Additional Value

In addition to its robust features for selling USDT and facilitating seamless transactions, Dtunes provides users with the opportunity to convert their unwanted gift cards into cash. With Dtunes, you can directly sell your unused gift cards and receive cash in return. By offering a straightforward process, Dtunes enables users to maximize the value of their gift cards conveniently. Say goodbye to the hassle of searching for buyers or dealing with the complexities of gift card exchanges. Dtunes simplifies the process, allowing you to effortlessly sell your gift cards and transform them into usable cash.

Conclusion

Dtunes offers a comprehensive solution for individuals looking to sell USDT and Other Cryptocurrencies, pay bills, purchase airtime, and convert gift cards into cash. With its direct-to-vendor transaction model, Dtunes ensures a seamless and secure experience for users. Whether you’re selling USDT or looking to unlock the value of your unused gift cards, Dtunes provides a user-friendly platform to meet your financial needs. Embrace the convenience and simplicity of Dtunes as you navigate the digital finance landscape