Decided to take some profit on a portion of my BTC stack and park it in USDT for a while. Didn't want to go through a CEX for this – already have enough platforms with my documents and didn't need another one just for a one-time move.
Looked at a few options. DEX route for BTC to USDT specifically is awkward – you're wrapping BTC first which adds steps and trust assumptions I wasn't comfortable with for a decent amount.
Went with a dedicated exchanger instead. Checked operating history before committing, had a bad experience once with a newer service that held funds for hours with no support response. This time no issues – swap completed in about 20 minutes, USDT arrived on TRC20 as requested.
Anyone else going the exchanger route for BTC/USDT or mostly CEX?
Moved some BTC to USDT last week – went with an exchanger over CEX, here's how it went
byu/SliceOfBread3 inbtc
Posted by SliceOfBread3