Terra.Bridge question. I have to pay 50USDT to an Ethereum

Question

Terra Classic - $LUNC

Raul Senders

Terra.Bridge question. I have to pay 50USDT to an Ethereum

ERC20 address. Will they receive 50USDT through terra.bridge if I send 50UST using the platform?

#blockchain #cryptocurrency #english #luna

0

23.01.2022

4 ответов

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Robert LA

sub zero
if using the bridge, they will receive 50 wrapped ...

Ii understand everything but the last step. Do you have to be in Coinbase or Binance to withdraw to your bank account?

0

31.01.2022

sub zero

Robert LA
Ii understand everything but the last step. Do you...

i thought the goal was to send usdt to some address? if you want to withdraw to your bank account, then yes, usually it's done through some exchange like binance and coinbase, and it requires kyc

0

01.02.2022

Robert LA

sub zero
i thought the goal was to send usdt to some addres...

I need to transfer dollars into they system from my bank, convert to Ust and get to my terra wallet to deposit in anchor - want the lowest fee path

0

16.02.2022

sub zero · Accepted Answer

sub zero

if using the bridge, they will receive 50 wrapped ust. going that route, you need to first send 50 ust to yourself through the bridge and then use 1inch or uniswap to swap wrapped ust to usdt, and then send the usdt to the receiver address. too many eth transactions in this plan (and too much fees). i would go with a cex in this case - send ust to kucoin, convert it there to usdt and withdraw erc20 usdt

0

23.01.2022

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Terra.Bridge question. I have to pay 50USDT to an Ethereum

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