How to receive USD via crypto?

This is a good question because the crypto price is really volatile. The answer is stable coins, e.g., Tether USDT or USDC. Let's walk through the process of getting stable coins and transferring them to your dollar bank account.

1. First of all, install Coin Wallet.

2. Agree with the sender about the stable coin that you will use. Check that your country/region of residence has available providers to sell stable coins.

3. Make sure that your country/region of residence has available providers to buy native blockchain coins. You ask why? Because in order to transfer stable coins, you need to pay a network fee, which is charged in the native coins of blockchain. For example, in order to transfer USDT on the Ethereum blockchain, you need to have some ETH on your balance.

4. Now you are ready to receive stable coins. Copy your stable coin wallet address and send it to your sender.

5. After you receive stable coins, top up your native coin balance.

6. Click on the "Sell" button, select your country/region of residence, choose provider, and follow instructions. Usually, you need to pass the KYC process: verify your identity, address, and bank account.

7. After that, the provider will tell you to transfer stable coins to the deposit address. Click on the "Send" button, enter the deposit address, enter the required amount of stable coins, and confirm the transaction.

8. As soon as the deposit is confirmed by the sell provider, the converted amount of USD will be transferred to your bank account.

If you have any problems, please contact our helpful support at support@coin.space.