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How to convert your funds to local currency

Deposits in your Dollar Account are automatically converted into USDT, which you can trade in the P2P market for local currency.

Updated over 6 months ago

📖 Overview

Every time you receive a payment in your El Dorado Dollar Account, the funds are automatically converted into USDT and credited to your wallet in the app.

From there, you can:

  1. Convert USDT to local currency

    • Go to the P2P market in the El Dorado app.

    • Select your local currency (e.g., ARS, BRL, COP, PEN, PYG, DOP).

    • Choose the best available offer to sell your USDT.

  2. Receive the money in your local methods

    • Complete the transaction with the buyer.

    • Receive your money through Mercado Pago, Nequi, Pix, Yape, mobile wallets, or bank transfers depending on your country.


💡 Useful tips

  • Always check the exchange rate offered in the P2P market before confirming your order.

  • Use verified buyers for greater security.

  • If there’s an issue with the transaction, you can open a dispute and the support team will assist you.


📲 Useful links


👉 With the El Dorado Dollar Account, turning your international payments into local money is fast, secure, and fully digital.

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