Buy Tether
in Netherlands

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.

According to The Dutch National Bank (DNB) all cryptocurrency transactions are legal in the Netherlands. However, cryptocurrencies are still not accepted as digital money. The Dutch National Bank is in charge of cryptocurrency regulations in the Netherlands. They prevent cryptocurrency from being used for illegal purposes such as money laundering or funding of criminal or terrorist activities. It is estimated that over 520 thousand people, 3.04% of Netherlands’ total population, currently own cryptocurrency.

Yes. According to Netherland’s Money Laundering and Terrorist Financing Prevention Act (Wwft), all crypto assets of a private individual count as salary or income. There is no crypto capital gains tax in the Netherlands. Rather, crypto is taxed as an asset. According to the same document, if the taxable base value of your assets (crypto and non-crypto) is more than 50,000 EUR, you are subject to the net worth tax of 31%. This is a fixed percentage return assumed by the government.

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 with a bank account or credit card. You can use fiat currency deposits to purchase cryptocurrencies in the Netherlands with the help of a trusted exchange. Plus, secure and easy transactions with zero transaction fees are provided by our exchange and through different pay methods such as Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal.