Bitstamp alternative for selling USDT in your currency
Outside the US, UK, Singapore and SEPA zone, Bitstamp's only bank payout is an international wire taking 3 to 5 business days. There, Unigox is a Bitstamp alternative for selling USDT in your currency. Otherwise keep Bitstamp.
When to stay with Bitstamp
Your bank is in the SEPA zone or the UK
Bitstamp sends euros by SEPA for 3.00 EUR in 1 to 2 business days, and pounds by Faster Payments for 2.00 GBP in one business day. Its EU arm, Bitstamp Europe S.A., is authorised by Luxembourg's CSSF as a crypto-asset service provider.
You bank in the United States
Unigox does not currently offer its services in the United States; Bitstamp USA, Inc. is authorised by the New York DFS and pays dollars to a US bank by ACH with no Bitstamp fee, up to 50,000 USD per withdrawal.
You hold or stake other coins
Bitstamp's market list runs from Bitcoin, Ethereum, XRP and Solana to dozens of other tokens. It stakes ETH and ADA for a share of the rewards. Unigox trades stablecoins only.
Bitstamp vs Unigox for USDT outside EUR, USD and GBP
| Topic | Bitstamp | Unigox |
|---|---|---|
| What it is | A crypto exchange with an order book and Basic Trading at a quoted price, run by a different Bitstamp company depending on where you live. | A marketplace that trades stablecoins only, against local money; each sale is filled by a P2P merchant or a payment business. |
| Where the money lands | A bank account in your own name. Outside the SEPA zone, the UK, the US and Singapore, that means an international wire. Bitstamp prices bank transfers in EUR, USD, GBP and SGD, and lists conversion rates for AUD, CHF and NOK. | Your own currency, paid to a bank account or mobile money wallet by whoever buys the USDT. The currencies on offer follow the merchants and payment businesses trading in them. |
| Cost of getting paid | Selling USDT for EUR or USD: a 0.003% to 0.040% taker fee on the order book, or in Basic Trading a 0.5% spread plus up to 0.5% more in volatile markets.
| One rate for your amount with the Unigox fee already inside it, shown before you confirm. |
| Time to your account | 3 to 5 business days for an international wire, weekends not counted. | The buyer pays your account during the trade. With a P2P merchant, you confirm the payment arrived before the USDT leaves escrow. |
| Sending USDT | USDT leaves on Ethereum, Solana or TRON, from 1 USDT, with a variable withdrawal fee Bitstamp shows before you confirm. | The sell form takes deposits on Tron, Solana, TON and supported EVM chains, Ethereum among them. During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller. |
| Identity check | An identity document such as a passport, national ID or driving licence, and a proof of residency such as a utility bill or bank statement. | Photo ID and a selfie, required before your first trade at any amount. |
| Regulation | A Bitstamp company in each region:
| Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxFrom a Bitstamp USDT balance to local money
Get verified first
Create a Unigox account and complete the photo ID and selfie check. No trade opens before it.
Send USDT out of Bitstamp
On the Unigox sell form choose External Wallet or Exchange, pick Tron, Solana or Ethereum and copy the address. On Bitstamp's website withdraw USDT on that same network to it; Bitstamp shows its fee first.
Sell for your currency
Pick your currency and amount, accept the rate and give the bank account or mobile money wallet to be paid. If a P2P merchant buys, confirm their payment and the escrow releases the USDT to them.
Questions about Bitstamp alternatives
Which Bitstamp alternative pays out in my local currency?
For USDT, Unigox. You sell it and a P2P merchant or payment business pays your bank account or mobile money wallet in your currency, where Unigox has buyers for it. Bitstamp prices bank transfers in EUR, USD, GBP and SGD. Outside those currency areas its way out is an international wire, not a local transfer.
Which sites like Bitstamp cash out USDT without a wire?
Unigox is one: the payout goes to an account in your country during the trade, not by a cross-border wire. Bitstamp's wire costs 0.1%, at least 25 USD, EUR or GBP, takes 3 to 5 business days, and your bank may add a receiving fee.
Who are Bitstamp's competitors for selling stablecoins?
For a EUR or USD order book, Kraken, Coinbase and Gemini do the same job as Bitstamp. For turning USDT into a currency Bitstamp does not hold, Unigox, which trades stablecoins only.
See all comparisonsCan I send USDT from Bitstamp to Unigox?
Yes. Bitstamp sends USDT on Ethereum, Solana and TRON, and Unigox takes deposits on all three. Choose the same network on both sides, check the address, and expect Bitstamp's withdrawal fee, which it shows before you confirm.
Price a Unigox sale next to a Bitstamp wire
Your Unigox quote shows one rate with the Unigox fee already in it. On the same day, set it against Bitstamp's USDT trading fee, its 0.1% wire and your bank's receiving charge.
Bitstamp and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.