How to Buy Tether (USDT)
Make your investments work for you: Buy and sell Tether and 40+ cryptocurrencies instantly.
How to buy USDT
Just 3 easy steps to start investing in Tether
Create your account
on Blocktrade
Sign up on the website, and verify your account with complete information.
Select a payment
method
Select whether you want to purchase USDT with PayPal, Google Pay, etc.
Start buying
Tether
Choose USDT, select how much you want to buy, and make your first investment.
want to know more
Learn more about Tether
What is Tether ?
Tether was launched on a platform called Omni via a blockchain company called Tether Holdings Limited. The Omni platform is a sub-layer of the Bitcoin blockchain. Tether was then released as an ERC-20 coin on the Ethereum blockchain.
Read more on Tether official website.
What is USDT ?
Tether, or USDT, was released in 2014 as the first stablecoin to the market. Its first trading happened in February 2015. As one of the oldest coins in the crypto market, Tether is the third-largest cryptocurrency after Bitcoin (BTC) and Ethereum (ETH). It is also the largest stablecoin by market capitalization. That shows how popular this coin is and how much people use it on the crypto market. Tether is also the most used cryptocurrency on the market.
Is Tether reliable
Since Tether's price doesn’t change, it is always safe to buy Tether. You won’t lose money from buying stablecoins like Tether. However, you should always consider buying it from a trusted exchange and keep your coins in a protected wallet to avoid any hack or fraud.
After you've bought USDT
You can use Tether to purchase goods or services. Since Tether has been on the market for so long, you can find lots of stores and shops that accept it as their payment method. Furthermore, Tether is an alternative to USD in the digital world. Therefore, Tether is your dollar in the digital wallet. You can also use it to buy other coins. In the case of keeping Tether in a wallet, it is better to choose a software wallet to be able to use Tether easily.
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Payment Methods to Buy Tether
Other Methods of buying Tether
Where can I buy Tether
ATM
If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells Tether or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.
Direct Purchase
You can buy Tether directly from another person over the web.
Exchanges
Crypto Exchanges are the safest places for buying Tether. You can use Blocktrade as a cheap, secure, and global exchange to buy USDT. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase USDT with a few clicks.
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How to sell Tether
Sign up and verify your Blocktrade account
You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.
Deposit USDT to your Blocktrade account
To sell Tether on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any Tether address.
Start selling Tether!
Once you deposited your Tether in your Blocktrade deposit address, you’ll be able to sell your USDT.
FAQ
Frequently asked questions
The cryptocurrency world is so volatile. The main reason for creating stablecoins like Tether is to avoid fluctuations and keep digital assets stable for a while. Furthermore, as a coin equal to USD, it will be easier to purchase other cryptocurrencies when you hold Tether in your wallet.
Tether Limited Inc is the company behind creating Tether, which is also owned by a larger company called IFinix inc, located in Hong Kong. Reeve Collins, Craig Sellars, and Brock Pierce had the most important roles in creating Tether, and are considered the first owners. However, in 2015, the company was purchased by its new owner in Hong Kong.
The cost of buying Tether can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of USDT, you can either log in to our website and see the real-time price or check our Tether Calculator to see the price of Tether in your desired currency.
Tether always has a stable price. Since its price will not change or grow, you cannot make money from keeping Tether in your E-wallet. It is not a coin to invest in.
There are several options to buy USDT such as cryptocurrency exchanges, Peer-to-peer marketplaces, Tether brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy Tether for beginners. You can easily buy Tether without any buying fees from our exchange.
It depends on what you want to do with this coin. Since you can purchase goods or services using Tether, it won’t be useless if you keep it in your wallet. But if you want to invest, keeping Tether won’t have any profit for you in the long term.
There is no right time to buy Tether, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying Tether or any other cryptocurrency.