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 source of funds (SoF)?
Source of funds (SoF) explained: the definition, the documents UAE banks and licensed desks accept as proof, and why the file decides how fast a sale settles.
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GLOSSARY · 2026-09-10
What is a spread?
A spread is the gap between buy and sell price. How bid and ask work, why OTC quotes are all-in, and what a 0.08–0.40% spread costs in AED at the 3.6725 peg.
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GLOSSARY · 2026-09-10
What is a SWIFT wire? The term, defined for UAE settlements
A SWIFT wire is an international bank transfer sent over the SWIFT messaging network: who runs SWIFT, what it is not, and what 'USD by SWIFT' means in a quote.
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GLOSSARY · 2026-09-10
What is TRC20?
TRC20 is Tron's token standard and the default network for USDT in the UAE. Fees, crediting time, address format and what changes when you sell USDT.
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GLOSSARY · 2026-09-10
What is UAEFTS? The UAE Funds Transfer System, defined
UAEFTS is the UAE Funds Transfer System, the Central Bank's real-time gross settlement rail for dirhams: who runs it, what it is not, what it means in a quote.
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GLOSSARY · 2026-09-10
What is address and account whitelisting?
Address and account whitelisting limits crypto withdrawals and bank payouts to pre-approved, own-name destinations. How it works at UAE OTC desks.
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SELLING AND CASHING OUT · 2026-09-10
From hardware wallet to bank account: cashing out self-custody in the UAE
How to cash out crypto from a Ledger or Trezor to a UAE bank account: proof of ownership by signed message, source-of-funds evidence, steps, timing and costs.
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HOW OTC DESKS WORK · 2026-09-10
How a crypto OTC desk actually works
Inside a crypto OTC desk: how the quote is built from hedge venues, what inventory is, why there is no order book, and how settlement works in Dubai.
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USE CASES · 2026-09-10
Crypto inheritance in the UAE: access, documents, settlement
How crypto inheritance works in the UAE: reaching the wallets, the documents heirs need, and converting inherited crypto to AED through a licensed desk.
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SELLING AND CASHING OUT · 2026-09-10
Moving crypto wealth to the UAE: from residency to bank settlement
Moving crypto wealth to the UAE: residency in brief, the bank account, proof of foreign source of funds and the first USDT-to-AED conversion at a licensed desk.