Guides
Practical, verifiable notes on selling USDT and settling to a bank account in the UAE. No predictions, no hype — process, costs and the law as they are.
All guides, newest first
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GLOSSARY · 2026-09-10
What is an LEI code?
An LEI (Legal Entity Identifier) is a 20-character code that identifies a company in financial transactions worldwide. How to check a counterparty by LEI.
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GLOSSARY · 2026-09-10
What is the mid price?
The mid price is the midpoint between the best bid and ask for USDT. Why Dubai OTC desks quote against it, a worked example, and how to check it yourself.
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GLOSSARY · 2026-09-10
What are fiat on-ramps and off-ramps?
Fiat on-ramps and off-ramps explained for the UAE: what each does, the three types in Dubai, real costs from 0.08%, and how to pick a licensed one.
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GLOSSARY · 2026-09-10
What is an OTC desk?
An OTC desk trades large amounts of crypto directly with you at one agreed price, off the exchange order book. Definition, UAE rules, who it suits, example.
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GLOSSARY · 2026-09-10
What is a currency peg?
A currency peg fixes one currency to another at a set rate. The UAE dirham has been pegged at AED 3.6725 per US dollar since 1997 — what it means for USDT.
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GLOSSARY · 2026-09-10
What is RERA? Dubai's real estate regulator, explained
RERA is Dubai's Real Estate Regulatory Agency under the Dubai Land Department. What it regulates and why it matters for a crypto-funded purchase.
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GLOSSARY · 2026-09-10
What is an RFQ? How a desk quotes size
RFQ (request for quote) explained: how a licensed OTC desk in Dubai prices a large USDT trade with one all-in price and a fixed validity window. Example inside.
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GLOSSARY · 2026-09-10
Segregated client account: a VARA rule
A segregated client account keeps client money apart from an OTC desk's own funds. What it is, what it is not, and how licensed Dubai desks hold your money.
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GLOSSARY · 2026-09-10
What is settlement finality?
Settlement finality is the point where a payment can no longer be reversed. How network confirmations differ from bank crediting when you sell USDT in Dubai.
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GLOSSARY · 2026-09-10
What is slippage?
Slippage is the gap between the price you expect and the price you get. Where it comes from on an exchange, a worked example in AED, and why OTC removes it.