How to send USDT - Step-by-step guide and commission reduction
The process of sending USDT to another wallet requires understanding the nuances of cryptocurrency transactions. A detailed guide for transferring through the Bybit platform covers all steps—from authorization to transaction confirmation. Special attention is given to the differences between internal and external transfers, which are critical for optimizing costs and speed. The choice of the optimal network (e.g., TRC20 or ERC20) significantly affects the fee and transaction processing time.
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What you need to know before sending USDT
Before we get into the practical part, it’s important to remember a few basic things:
You need two wallets – one for the sender and one for the receiver. Both you and your friend need wallets that support USDT.
You need the right network. USDT supports several blockchains (e.g., Ethereum, Tron, BNB Chain). Choose one network and make sure your friend's wallet supports the same network.
There may be fees. Depending on the network and platform, the fee can vary. We will also cover how to send USDT with no fee, which is especially useful for those looking to save money.
A useful tool to reduce fees is the tr.energy service. It allows you to rent or share energy in the Tron network, which significantly lowers the transfer costs. Simply register on the platform and connect your wallet to use this feature.
Step-by-step guide: how to send USDT through Bybit
Sending USDT through Bybit is a convenient and secure way. Here’s a detailed guide:
Registration and login to Bybit
If you don’t have an account yet, follow these steps:
Go to the official Bybit website (or open the app).
Sign up using your email or phone number.
Complete the identity verification process to increase your withdrawal limits.
If you already have an account, simply log in using your credentials.
Depositing USDT
Before sending USDT, make sure you have funds in your account. If you don’t:
Top up your balance using the “Deposit” function on the platform.
Select USDT and the network (for example, Tron (TRC20) for a minimal fee).
Transfer funds from another wallet or buy USDT through the built-in exchange.
How to send USDT to another wallet
To send USDT to another wallet, it’s important to correctly specify the amount, recipient's address, and network. Errors in selecting the network may lead to the loss of funds, so be sure to double-check all data before confirming. Below is a step-by-step guide to safely send USDT to another platform's wallet.
Sending to another platform's wallet
Open your wallet on Bybit: In the app or on the website, find the “Assets” section.
Select “Withdraw”: Tap this function to start the transfer process.
Fill in the details:
Specify the amount of USDT to send.
Paste the recipient’s wallet address.
Choose the network (for example, Tron (TRC20) or Ethereum (ERC20)).
Check the fee: During confirmation, the system will show the fee to be charged.
Confirm the transaction: Double-check the entered data and complete the operation by entering the confirmation code (which will be sent to your email or phone).
Within a few minutes, the funds will be transferred to the specified address, and you will receive a notification about the completion of the transfer.
Sending inside Bybit with no fee
If the recipient also uses Bybit, this is the perfect solution to send USDT with no fee:
In the “Assets” section, select the “Transfer” function.
Enter the email or user ID on Bybit.
Enter the amount of USDT and confirm the operation.
Tips for minimizing fees
Here are a few tips to minimize fees:
Use the Tron network (TRC20). It has lower fees compared to Ethereum (ERC20).
Use internal transfers on Bybit. If the recipient also has an account on this exchange, transfers can be free and instant.
Use the tr.energy service. It helps reduce fees in the Tron network by renting or sharing energy. You can buy TRON energy on your own in the volume you need.
Check exchange promotions. Sometimes platforms run campaigns with zero fees for certain transfers.
Conclusion
Now you know how to send USDT to another wallet and are ready to complete your first transaction. You can do this either within one platform or between platforms. The key is that both you and the recipient have a crypto wallet. Follow our instructions to avoid errors, minimize fees, and quickly transfer funds to your friend.