In cryptocurrency trading, USDT (Tether) is widely used as a stablecoin for transactions and fund transfers. However, converting USDT to fiat currency and withdrawing it to a bank account may face freezing risks with traditional methods. To address this issue, the Dupay virtual card has emerged as the preferred tool for cashing out in the crypto space.
Dupay official website: https://leixue.com/go/dupay
Overview of Dupay Virtual Card
Dupay is a virtual card launched by a Chinese company in the UK, supporting Visa and MasterCard brands. Users can recharge through USDT and apply for a virtual card, which can be used directly for consumption and withdrawals worldwide. Its main advantages include:
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Support for Multiple Crypto Assets: Dupay supports recharge with over 20 mainstream crypto assets, including BTC, ETH, and USDT, to meet the needs of different users.
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High Limits: Each virtual card has a limit of up to $500,000, accommodating large fund operations.
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Wide Range of Use Cases: The card can be used immediately after issuance for payment scenarios such as Alipay and WeChat, facilitating daily consumption.
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No KYC Required: Some card tiers do not require identity verification, lowering the barrier to use.
How to Use Dupay Virtual Card for USDT Cash Out
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Register and Download the App: Visit the Dupay official website (https://leixue.com/go/dupay), register an account using your email or phone number, and download the corresponding app.
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Recharge USDT: Obtain the USDT recharge address within the app, supporting multiple chains such as TRC20, ERC20, and BEP20. It is recommended to recharge at least 20 USDT to cover card issuance fees and other potential charges.
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Apply for a Virtual Card: Apply for a Visa or MasterCard virtual card within the app. Some card tiers may require KYC identity verification. Once completed, you will receive the card number, expiration date, and CVV code.
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Recharge the Card: After converting USDT to USD, recharge it to the virtual card. The recharge fee may vary between 1.2% and 1.8% depending on the card tier.
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Spend or Withdraw: Once recharged, the virtual card can be used for global consumption. In China, it supports binding with payment platforms like Alipay and WeChat for convenient daily spending. Additionally, some cards support withdrawal functions, allowing funds to be extracted to a bank account.
Advantages of Dupay Virtual Card
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Avoid Fund Freezing: Traditional OTC cash outs may face account freezing risks, while the Dupay virtual card legally and compliantly converts crypto assets to fiat currency, reducing the risk of funds being frozen.
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Convenient Payment Experience: The Dupay virtual card supports binding with payment platforms like Alipay and WeChat, allowing users to spend directly in China, enhancing payment convenience.
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High Security: Dupay employs advanced encryption technology to ensure the safety of user funds. Additionally, using a virtual card avoids the risk of physical card theft.
Important Notes
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Recharge Fees: There will be certain fees incurred when converting USDT to USD and recharging to the virtual card, with specific costs depending on the card tier and recharge amount.
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Withdrawal Restrictions: Some cards may have limitations on withdrawal functions, so it is advisable to understand the relevant policies before applying.
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Compliance: When using the virtual card for fund operations, local laws and regulations must be followed to avoid participating in illegal activities.
In summary, the Dupay virtual card, with its support for multiple crypto assets, high limits, wide range of use cases, and no KYC advantages, has become the preferred tool for cashing out in the crypto space. By legally and compliantly converting USDT to fiat currency, users can conveniently spend and withdraw, avoiding the risks associated with traditional cash-out methods.
For more information, please visit the latest Dupay official website: https://leixue.com/go/dupay, the top choice for cashing out in the crypto space is the Dupay virtual card.