Tether Investor
How to Buy Tether | Buy USDT in 4 Steps (July 2024)
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Tether (USDT) is a popular cryptocurrency built to bridge the gap between FIAT and digital assets.
Launched in 2014, Tether operates on various blockchain networks, including Ethereum and Tron. It is designed to maintain a stable value through ‘pegging' to the US dollar. This is achieved by holding a variety of real-world assets in reserve. This approach offers stability and liquidity to traders and investors dealing with digital assets.
Tether's value is intended to remain close to $1, making it a widely used stablecoin for trading, remittances, and as a hedging tool against market fluctuations in the broader cryptocurrency ecosystem.
To learn more, make sure to visit our Investing in Tether (USDT) guide.
How to Buy Tether (USDT) in 4 Steps
The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Tether (USDT) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Tether – Use your funds to Buy USDT.
We list the top 5 exchanges that offer the ability to buy Tether (USDT) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
1. Uphold
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including Tether (USDT). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
German & Netherlands residents are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..
2. Paybis
Paybis is designed for simplicity and is an extremely trustworthy starting point for buying Tether (USDT) and other cryptocurrencies. This exchange has been operating since 2014 and has assisted numerous traders in beginning their crypto trading journey, offering the convenience of purchasing with just a credit or debit card. Unlike other exchanges where you buy tokens from other users, with Paybis, you purchase directly from the exchange, making the process much simpler and smoother.
Paybis is a truly global company offering services to residents from 180+ countries, including Canada, Europe, UK, & USA.
The fees you will encounter here are good value and competitive with others in the sector, depending on the payment method you use.
FinCEN Department of the Treasury, United States of America Money Service Business Registration: 31000224635628.
3. Kraken
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry, with over 9,000,000 users and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets, including Tether (USDT). For more sophisticated investors, Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken offers trading access to over 190 countries, including Australia, Canada, Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)
4. KuCoin
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Tether (USDT) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA residents are prohibited.
5. Binance
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Tether (USDT) here are both lower fees than competing exchanges and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
