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Frequently asked questions

Answers about selling USDT for HKD cash, quotes, identity checks, networks and safe in-store transactions. Funshell buys USDT from customers; it does not sell USDT.

Read the complete Hong Kong crypto OTC workflowSee how to sell USDT for HKD cash

Last updated: 2026-10-13

USDT buyback FAQs

Does Funshell buy back USDT? Can I buy USDT in store?

Funshell buys USDT from customers and pays cash. It does not sell USDT to customers. Availability, supported networks and the final quote are subject to store confirmation and review.

Can I exchange USDT for HKD cash?

Ask Funshell about USDT buyback and HKD cash settlement. Share the quantity, network and preferred branch, and confirm the final quote and cash arrangements before visiting.

How are the USDT buyback rate and fees calculated?

Ask the store for the current buyback rate, any charges and the net HKD amount after fees for your USDT quantity. Confirm network fees separately. The quote agreed by both sides before the transaction is the final quote.

Are TRC20 and ERC20 supported for USDT buyback?

Confirm the currently available network, receiving address, network fees and receipt requirements with the store before sending. TRC20, ERC20 and other networks are not interchangeable.

What information do I need to sell USDT in store?

Requirements depend on the transaction and risk assessment. The store may request valid identification, source-of-assets information and wallet transaction records. Check whether your documents are suitable before visiting.

Is there a minimum USDT amount? Should I book a larger trade?

Confirm the quantity the store can handle, any minimum amount or fees and cash arrangements at the time of enquiry. Book larger transactions ahead so staff can confirm cash and information requirements.

How long does selling USDT for cash take?

Timing depends on blockchain confirmations, wallet or platform withdrawals, information checks and cash settlement. The transaction is complete after both sides verify receipt of the assets and cash.

Before visiting

Which assets can I buy or sell?

Funshell supports BTC, ETH and other major assets listed by the store. Ask on WhatsApp before visiting to confirm the asset, network and available liquidity.

Is the website rate the final transaction quote?

No. Website rates are references. The final quote is confirmed in store based on the live market, asset, amount and settlement arrangement.

Can I walk in without an appointment?

Yes, but booking ahead helps confirm opening hours, liquidity, product stock and any information you should prepare.

How long does a transaction take?

Timing depends on quote confirmation, payment checks and blockchain conditions. The store will only treat the transaction as complete after both sides verify receipt.

Verification and payment

Do I need to complete KYC?

Identity and transaction information may be requested according to the payment method, transaction circumstances and risk assessment. The store will explain the current requirements before proceeding.

What documents or information may be requested?

This may include valid identification, contact details, transaction purpose, source of funds or assets, and wallet or payment records. Requirements vary by case.

Which payment methods and fees apply?

Available settlement methods and any charges are confirmed before the transaction. Ask the store about the arrangement for your specific asset and amount.

Wallet and safety

Do I need a Funshell account or wallet?

You need a working wallet or exchange receiving address on the correct network. Membership is optional unless a service or compliance review requires registration.

How do I avoid sending to the wrong address or network?

Confirm the asset, network and full address in store. For unfamiliar wallets or larger transfers, consider a small test transfer where practical.

Will Funshell ask for my seed phrase or private key?

No. Never disclose a seed phrase, private key, PIN, password or verification code. Stop the transaction and contact official Funshell support if anyone asks for them.