Buy Tether
in Finland

Tether is the first stablecoin in the crypto world, launched in July 2014. Like other stablecoins, Tether's price is tied to the price of USD. It means every Tether is always $1. It is also called USDT, which means USD Tether. The stable price of Tether makes it a great alternative to USD in the online world. People can easily use their Tether to purchase other coins. Although the Tether price is always stable, it fell to $096 once in May 2022. However, that didn’t impact its market because very soon it rebounded to $1.
Tether is not an investment like other coins. Since its price is stable, nothing can happen in the future. But people buy Tethers for other reasons. One of them is trading it with other coins whenever they want. The other reason is to avoid the volatility of the crypto market. Traders and investors usually trade their coins with Tether when the crypto market seems unstable or collapsing. Therefore, they can keep their digital assets safe from this risky world. Then, when the market stabilizes, they again trade their tether with other coins that seem to have a better future. Thus, Tether is not considered an investment but can help traders in difficult times.

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.

Yes. According to the Bulletin by Bank of Finland, cryptocurrencies refer to virtual mediums of
exchange, which are transferred from one holder to another without the use of a centralized
ledger. They are viewed as speculative assets. According to the definition of cryptocurrency by
the Finnish Tax Administration, cryptocurrencies are considered a type of personal asset that
can be traded freely on the open market and can be electronically transferred, saved, and
exchanged.

Yes. According to the Finnish Tax Administration (Vero Skatt), you are subject to tax if the
amount of your crypto transactions exceeds €1000. According to the mentioned reference,
cryptocurrency investments can be subject to two tax formats: Capital Gains Tax and Income
Tax. Profits from exchanging or selling cryptocurrency are considered capital income and are
therefore taxed as Capital Gains Tax. Capital gains are subject to a 30% tax rate on the amount
up to €30,000, and a 34% tax rate for any amount exceeding this.
As for the Income Tax rule, in accordance with the same above-mentioned reference, every
Finnish taxpayer is taxed on their income. This means if you have earned crypto for some form
of work or effort, you need to pay typical income taxes which ranges from 6% to 31.25%
depending on your total income amount.

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.

Anyone can buy cryptocurrency in Finland. The easiest method to buy crypto assets in Finland
is through a cryptocurrency exchange. Finland offers access to a number of payment services:
Among all, Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal are
some of the popular ones. Our exchange presents fast and secure transactions through these
commonly preferred services and is free of charge for your different crypto transactions in
Finland.