USDT Cash-Out CalculatorSee how much local currency you really get after selling USDT, and what the P2P margin and network fee take

When you receive USDT it's easy to fix on "how much one coin sells for" and forget there are two deductions between that and the local currency you actually hold: the margin between the P2P sell price and the market mid-rate, and the withdrawal/network fee. Enter the four values below and this calculator combines both, so you can see how much arrives, how much is taken, and roughly what percentage the whole thing costs. The maths runs in your browser; the numbers you enter are never uploaded.

How to fill it in: the "P2P/sell price" = how much local currency 1 USDT actually sells for on an exchange's P2P market or with a merchant; the "market mid-rate" = roughly how much local currency 1 USDT is worth from a search engine or finance site. Use the same local currency for both.

Local currency received (approx.)—

Taken by the margin (local currency)—

Effective total cost % (margin + network fee)—

—

What each figure here means

Local currency received: (USDT amount − network fee) × P2P sell price. This is what you actually get in local currency. Compare this, not just "how much one coin sells for".
Taken by the margin: the extra local currency the same USDT would fetch at the market mid-rate. It appears in no fee line and is the most hidden cost. The closer the P2P sell price is to the mid-rate, the smaller this is.
Effective total cost %: using "the local currency you'd get at the mid-rate" as the baseline, the share eaten by the network fee and margin together. Put this number side by side for two or three P2P merchants and pick the lowest.

To understand how USDT is sold into local currency step by step and where P2P goes wrong, see how to cash out USDT into local currency and stablecoin transfers. To see how much cheaper the stablecoin route really is than Wise and the like, see is crypto cheaper than Wise.

The result is an estimate based on the numbers you enter, and does not include on-chain gas, bank credit fees, or other merchant deductions; P2P prices and fees change constantly, so the actual amount received is whatever the platform's page shows at the time.

Getting the P2P spread right

This is the box people guess at, and guessing defeats the purpose. Open the platform's P2P page, find the buy order you would realistically take, and compare its price against the market price at that moment. The gap, as a percentage, is your spread. Take it from an order you could actually fill, not the flattering price at the top of the list, which usually comes with a tiny limit or a verification tier you don't have.

Spreads swing hard by corridor. Where the market is liquid and there are several ways to convert, they compress; where currency controls bite and P2P is the only road out, they widen noticeably. There is no "normal" figure worth memorising, only the one on screen when you trade.

Why the network fee ignores your amount

People expect a bigger transfer to cost more to move. It doesn't. An on-chain fee reflects how much room the transaction takes up and how congested the network is at that moment, not whether you're moving 100 or 10,000. Which means many small transfers cost more in total than one large one, and on a large amount the network fee stops mattering at all.

What genuinely moves that number is the chain you pick. The network comparison goes through the current options.

What this estimate leaves out

Withdrawing to your bank. After you sell for local currency, the platform or your bank may charge again to get it out.
Failed attempts. An order that gets cancelled, then a second buyer at a worse price, costs you the difference.
Your time. The tightest spread is often the slowest to fill. Whether an afternoon of waiting is worth the saving is your call, not the calculator's.

So use the output as a yardstick for comparing options, not as a forecast of what will land in your account.

This tool is a pure front-end estimator; the calculation happens in your browser and the numbers you enter are never uploaded. Exchange rates and fees are whatever each platform's page shows at the time. Updated 2026-09-08: added how to source the P2P spread, why the network fee ignores the amount, and the three costs this leaves out.