How to sell USDT in Saudi Arabia and cash out in riyals

The steps (Binance)

1. Move your USDT to your Funding wallet.
2. Trade → P2P → Sell → USDT and SAR.
3. Filter by how you want to get paid, for example Al Rajhi or STC Pay.
4. Choose a buyer, enter the amount and add your account in your own name (IBAN or wallet number).
5. Tap Sell USDT, wait for the payment, and only talk to the buyer through Chat.
6. Open your banking app or STC Pay yourself, check the amount and the sender's name, then tap Confirm release.

The full guide: How to withdraw from Binance.

Safety rules for bank transfers in Saudi Arabia

• Bank transfers aren't always instant between different banks. Don't release the crypto because the buyer says "the transfer is on its way". Wait until the money shows up in your account.
• The sender's name must match the buyer's name in the order. If money arrives from anyone else, don't release: open an appeal and send the money back to the account it came from.
• Bank SMS messages can be faked. Open the app itself.

More: The most common P2P scams.

Frequently asked questions

How do I convert USDT to Saudi riyals? Sell it on P2P to a buyer who sends you riyals to your bank account or STC Pay, in your own name.

What's the best exchange for selling USDT in Saudi Arabia? Binance has the most riyal buyers, followed by OKX, based on our check on 10 October 2026.

Can I get paid to STC Pay? Yes, as long as the buyer pays with it and the wallet is in your name.

The buyer says the bank transfer will arrive within a few hours. Should I release? No. Don't release until the money actually shows up in your account.

Why doesn't my balance show up in P2P? Move your USDT from your Spot wallet to your Funding wallet.

Read next

• Buy USDT in Saudi Arabia
• How to withdraw from Binance

---

Last updated: 10 October 2026 · Sources: ad counts from each exchange's public P2P pages on 10 October 2026 (they change daily); steps and safety rules from Binance's official help pages.