Get better rates
Changelly has a professional team with great experience and even bigger potential
Buy USDT with Credit or Debit Card Online Instantly
When you need a reliable gateway to enter the crypto market seamlessly, Changelly is a decision that is never wrong. Buy and sell Tether (USDT), Bitcoin, Ethereum, Binance Coin, and 500 more digital assets with your local currency on our cryptocurrency exchange platform, securely and immediately. Pay with your debit card, credit card (Visa, Mastercard), Apple Pay or Google Pay and benefit from some of the lowest fees in the market. Pick the best exchange rate to add USDT to your crypto portfolio.
You send
😬Sorry, we did not find anything
You get
😬Sorry, we did not find anything
USDT Live Price Chart
USDT Market Data
updated at 22:59How to buy USDT in 5 Easy steps
Set the pair
Select the crypto you’d like to purchase, the fiat currency you want to buy crypto with, and your country of residence. Look through the best offers and choose the one that suits you most.
Enter your crypto wallet address
Fill in the required wallet address details in the entry field.
Verify your identity
Verify your identity with our providers to buy crypto without any hurdles. This will help to make sure no one but you uses or changes your payment information.
Confirm your payment
Follow the instructions on the screen and confirm your payment. Your purchased cryptocurrency will arrive in your crypto wallet soon.
Purchase USDT and 500+ other digital assets with your preferred fiat currency: Euro, the Japanese Yen, Canadian/US Dollar, and dozens others.
Fast and simple: Our team has developed a user-friendly interface that is designed to give you the best crypto experience. You can easily navigate both our website and mobile application when selling, purchasing, or exchanging crypto.
High-Level Security: We at Changelly value the safety of the funds above all. That’s why we prefer to use time-tested technology and high-grade protocols to protect your funds.
Payment methods to buy USDT
Bank transfer
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy USDT with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy USDT and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
UKFP
Faster Payments is a speedy payment method that allows residents of the United Kingdom to send payments in their local currency without incurring any additional exchange charges.
Buy USDT Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Countries and regions where you can buy USDT
Why buy USDT on Changelly?
Secure
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
24/7 support
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Fast
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
All premium offers in one spot
We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
FAQ
How Do I Buy USDT?
You can buy USDT (Tether) coins from online centralized exchanges, via certain crypto wallets, through peer-to-peer trading platforms, over-the-counter (OCT) trading desks, and by using USDT crypto vouchers. You can buy Tether directly from the official website of the project, and from some crypto ATMs. Note that purchasing Tether crypto with fiat money will most likely require completing an ID verification requirement, no matter what avenue you use to invest in USDT.
Where Can I Buy USDT in the USA?
You can buy USDT through centralized exchanges, wallet providers, and crypto ATMs that are licensed to operate in the USA and serve American customers.
Tether (USDT) is considered legal in the United States, although its regulatory status remains somewhat uncertain. Tether Limited, the company responsible for issuing USDT, asserts that each token is backed by one US dollar held in reserve.
However, the U.S. Securities and Exchange Commission (SEC) has not officially classified Tether as a security, and whether it is deemed a commodity or currency is also unclear. Furthermore, certain states may impose regulations on the use of Tether. To ascertain the legal standing of Tether in a particular jurisdiction, it is advisable to consult with a financial advisor or attorney.
Where Can I Buy USDT Easily?
Online cryptocurrency exchanges like Changelly deliver the ultimately friendly and secure platform to purchase Tether coins easily, using convenient payment schemes, like banks cards, wire transfers, and more.
How to Get USDT at the Cheapest Price?
Changelly is a digital asset exchange platform that provides customers with the opportunity to obtain USDT, the popular stablecoin, at the most affordable prices. This is made possible by Changelly's unique delivery system, which leverages its extensive network of trusted exchange partners.
When a customer initiates a USDT purchase on Changelly, the platform instantly searches for the best exchange rates from various partners. By comparing rates across multiple exchanges, Changelly ensures that customers can acquire USDT at the lowest possible price.
This delivery mechanism not only guarantees competitive rates but also ensures the transparency and security of transactions. With Changelly, customers can conveniently and reliably obtain USDT at the cheapest price, making it an ideal platform for cryptocurrency enthusiasts and traders alike.
What are the fees to buy Tether?
Fiat transaction fees often change on the side of our fiat providers since they are a dynamic value that depends on the market conditions and the competitive environment in the fiat aggregator. You can always check the commission via our support or a particular provider. Nonetheless, it's generally between 5% and 11%.
In which countries can I purchase Tether with a credit card?
You can purchase cryptocurrency with a credit card if your card issuer and payment network allow this transaction type in a particular region.
However, some issuing banks have their own terms regarding where and when those cards can be used and may decline transactions on their side. Depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
Which credit cards are accepted for crypto purchases?
Our fiat provider partners accept most major credit cards, including Visa and MasterCard. Some virtual, prepaid, and debit cards are also accepted. However, some issuing banks have their own terms regarding where and when those cards can be used and may decline the charge on their side.
Please note that depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
How long does it take to process USDT purchase transactions made via credit cards?
The transaction processing time for purchases depends on the issuing bank running your transaction. Basically, GBP and USD transfers are usually processed within 1 working day, and EUR transfers are processed within 1 to 3 working days.
What types of bank transfers are supported for crypto purchases?
Our fiat provider partners offer a number of ways for you to complete your cryptocurrency purchase.
Crypto purchases are available via the following bank transfer types:
- SEPA – for bank transfers made in Europe
- Interac – for bank transfers made in Canada
- Pay ID – for bank transfers made in Australia
- Faster Payments – for bank transfers made in the UK
- Wire Transfer – for bank transfers in the USA
Please note that not all the methods are available globally, so please check and confirm whether you have access to a specific payment method.
How long does it take to process crypto purchase transactions via bank transfer?
The time to process your order can vary due to several factors:
- The chosen payment method
- Whether this is your first order with a particular provider
- Blockchain network load
Bank transfer orders that are executed smoothly generally take from 30 minutes to 5 business days to be completed.
However, some aspects of the process are outside of our or our provider's control — namely, delays caused by your chosen payment method and external compliance checks.
What should I do if Changelly does not support the national currency of my country?
You can try to purchase crypto with your bank card and choose USD or EUR as a fiat currency instead of your local currency. Your local currency will be converted to USD or EUR at the rate of your bank.
Alternatively, you can issue a credit card in USD or other supported fiat currency and try to purchase crypto with it.
How to buy USDT privately?
On Changelly, you can purchase USDT and over 500 cryptocurrencies anonymously. This means that our platform requires no registration and no verification for crypto purchases so that you can buy USDT crypto securely, without being tracked.
Please note
The option to buy cryptocurrencies privately depends on various factors, including the volume of your transaction.
While it’s possible to buy cryptocurrency anonymously, taking appropriate precautions can help ensure a more secure transaction.
Do I need an ID to purchase Tether USDT?
Changelly partners with Simplex, MoonPay, and Banxa for fiat-to-crypto transactions. These providers enable you to use your credit card or debit card as well as such payment options as Apple Pay, Google Pay, or bank transfer.
You can invest in USDT crypto with an easy verification process or no verification at all, depending on the amount of your crypto purchase. For some USDT transactions, our providers might require you to pass the KYC check with the easiest ID verification to buy cryptocurrency.
Can I buy USDT without passing the KYC verification on Changelly?
Simplex and MoonPay, our providers for fiat-to-crypto transactions, allow buying cryptocurrency without a verified ID. Only card details should be enough if the USDT purchase amount is below a certain point. Yet, they might still demand you to pass the KYC check with an easy and quick verification process.
If you opt to purchase USDT cryptocurrency through Banxa, they will require you to comply with their KYC requirements, no matter the size of the crypto purchase.
How to buy large amounts of Tether USDT on Changelly?
For larger volume deals, instant cryptocurrency exchange Changelly launched the crypto OTC platform.
OTC stands for over-the-counter trading, which is done directly between two parties without the supervision of an exchange. You will be assisted by an individual crypto OTC broker with whom you will be able to discuss all the details and conditions of the deal.
Changelly has acquired an impressive number of reliable partners and liquidity providers supporting OTC transactions at the best rates possible.v
Got any questions about the USDT purchase on Changelly?
We tried to gather all the necessary information about the USDT purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your USDTI safe and sound
If you are searching for the best cryptocurrency wallets for your favorite coins, look no further! Whether you are a crypto pro or just starting out, these wallets might be a good option for crypto storage.
Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
00/01
More cryptos to buy
Exchange Crypto with Lowest Fees
Make the most of your USDT exchange with the lowest fees on Changelly.
What is USDT (Tether)?
Launched in 2014, Tether USD is a blockchain-powered platform designed to facilitate the use of traditional money in a digital manner. Tether aims to disrupt the conventional financial system via a more modern approach to money.
Tether gives users the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity that plague other cryptocurrencies such as Bitcoin. As the first blockchain-enabled platform to facilitate the digital use of fiat money (a familiar, stable accounting unit), Tether has democratized cross-border transactions across the blockchain.
Tether Limited Inc., a company behind the Tether platform, claims that each Tether token (USDT or USD Tether) is tied to a matching traditional currency, such as the US dollar, on a 1-to-1 basis. Moreover, each USDT token is backed 100% by Tether’s own reserves, which include traditional currency, cash equivalents, and receivables from loans made by Tether to third parties.
Tether Limited publishes a daily report of the current total assets and its dollar reserves. Thanks to their price stability, Tether tokens are alternatively called stablecoins because they offer a constant value and avoid sharp price fluctuations.
One key aspect of Tether stablecoins is its ability to operate on multiple blockchains, including Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana and Statemine. This flexibility allows Tether to accommodate different blockchain ecosystems, providing users with more options and accessibility. By embracing various blockchains, Tether enhances its compatibility and expands its reach within the broader crypto community.
Note, since Tether tokens are available on different transfer protocols, when users send USDT tokens to other addresses, they need to carefully check the destination address to confirm they are selecting the correct transfer protocol.
Tether tokens (USDT) are generated through the collaboration of multiple Tether private authorization keys. These keys sign and broadcast creation transactions on the designated blockchain. The resulting tokens are considered "authorized but not issued," meaning they are held in Tether's treasury and not circulated until there is a demand in the market.
Tether’s multi-signature (multi-sig) model ensures that no individual can independently issue Tether USDT. This prevents a single point of failure and reduces security risks.
Show more
Who Created USDT?
The crypto asset Tether (USDT) was created by a team of co-founders consisting of Brock Pierce, Craig Sellars, and Reeve Collins. The project initially began in 2014 under the name RealCoin, aiming to establish a digital currency that would bridge the gap between traditional fiat currencies and the emerging world of cryptocurrencies. RealCoin sought to offer a stablecoin solution, where each unit of the digital currency would be backed by a corresponding unit of fiat currency held in reserve. This concept gained significant traction and led to the rebranding of RealCoin as Tether in November of 2014.
Under the Tether name, the project gained further recognition and popularity. Tether aimed to provide the benefits of cryptocurrencies, such as fast and secure transactions, while also maintaining a stable value by pegging each USDT token to the specific fiat money, typically the US dollar. This stability was achieved by ensuring that the corresponding traditional currency reserves were held in trusted banks, providing transparency and assurance to users.
Tether has achieved significant market capitalization since its launch. As one of the most prominent stablecoins in the industry, it has gained popularity among traders, investors, and individuals seeking a reliable digital representation of traditional currencies. Tether is one of the most widely-used cryptos in the crypto world with a circulating supply exceeding tens of billions of dollars.
How Is USDT's Market Price Determined?
The market price of USDT (Tether) is primarily determined by supply and demand dynamics on various cryptocurrency exchanges. Traders and investors actively buying and selling USDT influence its price based on their perception of its value.
USDT is a stablecoin designed to maintain a 1:1 peg with the US dollar. The issuer claims that every USDT in circulation is backed by an equivalent amount of reserves held in the company’ bank accounts. This reserve is meant to ensure the stability of the peg.
Although Tether aims to maintain a stable tier with the underlying fiat, it is possible for the peg to break if there are significant doubts about the reserves, or if the demand for USDT exceeds the available supply of fiat backing. In the past, there have been instances of USDT trading slightly below or above its intended peg due to market forces and concerns about the company’s transparency.
Moreover, there have already been precedents of stablecoins losing their value because of investors’ fears. For example, the infamously known TerraUSD dropped to less than $0.23 because of market turbulence. These incidents serve as cautionary tales for investors and highlight the inherent risks associated with stablecoins.
While stablecoins aim to provide stability and mitigate volatility, their value ultimately depends on various factors, including market sentiment and investor confidence. Consequently, it is crucial for investors to thoroughly assess the underlying mechanisms, governance structures, and regulatory compliance of stablecoins before making any investment decisions.
Diversifying one's investment portfolio and regularly staying updated on market developments can help alleviate potential risks and navigate the ever-evolving landscape of stablecoins and virtual assets.
Why Buy USDT?
Tether (USDT) is a stablecoin that was launched in 2014 and has become the most widely traded stablecoin in the crypto space. It offers the stability and simplicity of fiat currencies, combined with the innovative nature of blockchain technology.
There are several reasons why it might make sense to buy Tether right now:
Multiple blockchain support. Tether tokens are built on various blockchains, including Bitcoin, Ethereum, TRON, EOS, Algorand, Solana, and Bitcoin Cash. This allows for easy integration and adoption across different platforms.
Unparalleled liquidity. The USDT cryptocurrency is highly traded and offers exceptional liquidity, making it easier to buy, sell, and trade Tether on various exchanges.
Widespread adoption. Tether (USDT) is widely accepted and used in various applications, ranging from centralized exchanges and digital wallet apps to decentralized finance (DeFi) protocols and payment services. This makes the coin a smart alternative to traditional fiat gateways.
100% backed by reserves. Tether ensures that all its tokens are secured by an equivalent amount of fiat currency reserves. This means that every USDT token is pegged at a 1-to-1 ratio with its corresponding fiat and can be redeemed for its value.
Full transparency. Tether maintains transparency by providing public access to information about its issued tokens and reserve assets. This allows users to verify the backing of their tokens.
Available in different currencies. Tether supports multiple fiat currencies, including US dollar (USD), euro (EUR), Mexican Peso (MXN), and offshore Chinese yuan (CNH). This provides users with the flexibility to transact in different money using Tether tokens.
Best Ways to Buy USDT (Tether) Safely
If you want to start buying USDT safely, a golden rule of thumb is to use a trusted cryptocurrency exchange, like Changelly. Cryptocurrency exchanges are beginner-friendly and allow users to purchase USDT and other crypto assets instantly, using convenient payment schemes, such as debit and credit cards, wire transfers, e-wallets, and more.
Such websites are thoroughly encrypted and employ two-factor authentication to ensure a safe environment for crypto transactions. Speaking about Changelly, it is one of the largest crypto exchange platforms in the world, where users can buy and sell, as well as swap digital assets right from their personal wallets.
A notable element of Changelly is its Best Rate Guarantee. When you begin buying Tether, Changelly's algorithm scans various cryptocurrency exchanges and liquidity providers it integrates with to find the best rate for the transaction. Changelly guarantees that the rate you see at the beginning of the transaction will remain fixed throughout the entire process, regardless of market fluctuations.
Even if the rate changes before the transaction is completed, you will still receive the initially quoted rate. With the platform’s low fee of 0.25% per trade, investing in cryptocurrencies through Changelly becomes truly beneficial.
How to Buy USDT (Tether) With a Credit or Debit Card
Buying Tether (USDT) is easy. The digital asset is available on multiple cryptocurrency trading platforms and exchanges that pair Tether with a fiat currency of choice. You can become a proud owner of USDT in 4 simple steps:
Search for A Reliable Exchange
Start by researching and comparing different cryptocurrency exchanges that offer USDT trading. Look for reputable platforms that have a good track record of security, user reviews, and competitive fees.
Create a Free Account
Once you have chosen a provider, visit their website and sign up for a free account. Typically, you will need to provide a valid email address, create a strong password, and agree to the terms and conditions of the company.
Complete ID Check
In order to comply with regulations and ensure the security of their platform, most exchanges require users to complete an identity verification process. This usually involves providing a copy of your government-issued ID, such as a passport or driver's license, along with a selfie or photo for facial recognition.
Purchase Tether with a Credit or Debit Card
After your identity is verified, you are ready to invest in USDT! Locate the "Buy" or "Trade" section on the exchange's website, select USDT as the desired cryptocurrency, enter how much tether you wish to purchase, and choose the payment method as "Credit Card/Debit Card". Follow the prompts to enter your card details and complete the transaction. Once the USDT purchase is successful, your USDT will not take long to reflect in your wallet.
Remember that crypto companies allowing you to buy Tether can be either custodial or non-custodial.
With a custodial crypto exchange, Tether tokens will be credited to an integrated vault on the same platform and held online.
With a non-custodial service, like Changelly, you will need to enter your personal wallet address when buying USDT. If you do not have an up-and-running wallet, Changelly can help you get one immediately. Our platform partners with the leading crypto wallet providers, including Ledger, Trezor, and Trust Wallet. By partnering with these reputable wallet providers, Changelly ensures that you can securely store and manage your cryptocurrencies after a purchase.
How to Buy USDT with Bank Transfer
When you want to purchase USDT with a wire transfer, the process will not differ much from doing so with a debit or credit card. You essentially detect a credible cryptocurrency exchange, open an account with it, go through an identity check, and launch a USDT buying process.
Then, instead of selecting a card payment, you opt for “Wire Transfer/Bank Transfer” and type in your bank account details. After reviewing the transaction order and confirming the payment, you will get your shiny Tethers released to your wallet.
There are different payment systems that enable the transfer of funds between bank accounts in different countries. These include SWIFT (Society for Worldwide Interbank Financial Telecommunication), SEPA (Single Euro Payments Area), ACH (Automated Clearing House), FPS (Faster Payments Service), and etc.
Note, your bank can charge a transaction fee for sending money from your bank account to that of a crypto exchange company. Wire transfers are also slower to settle compared to other popular payment methods, keeping you waiting for your coins up to several days.
How to Buy USDT with Apple Pay or Google Pay
Apple Pay and Google Pay are well-known digital payment providers, allowing users to make cashless transactions for various goods online and at retailers using their iOS or Android smartphones. With their built-in security and privacy features, along with their widespread availability and convenience, these platforms are an excellent way to fund cryptocurrency purchases.
Many crypto exchanges, including Changelly, enable customers to buy, sell, and swap digital currencies using Apple Pay or Google Pay. To purchase USDT, you just need to install the app of your chosen crypto platform on your iOS or Android device and log in to your account (or create one if you're new to it).
From there, you can initiate the USDT purchase process. Select the desired coin from the list of available assets, enter the amount of USDT you want to buy, choose your preferred fiat (like US Dollar or Euro), and opt for "Apple Pay and Google Pay" as your payment method.
After confirming the investment using Touch ID, Dace ID, or a password (depending on what is required by your Apple Pay or Google Pay wallet), the platform will promptly transport USDT tokens to your wallet. Welcome to the community of USDT holders!
How to Buy USDT (Tether) with PayPal
Although PayPal offers cryptocurrency trading through its native mobile app, stablecoins like Tether (USDT) have not yet entered into the platform’s graces. People can only buy, sell, send, and store a limited number of electronic assets on their PayPal accounts, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC). You cannot buy Binance Coin and many other highly popular digital coins through PayPal. PayPal cryptocurrency trading is currently supported only in the USA.
To buy Tether with PayPal, you can resort to peer-to-peer marketplaces, such as Paxful and Hodl-Hodl. These websites allow users to buy USDT directly from other individuals, concluding a deal via a mutually agreed payment scheme, such as PayPal.
Some centralized exchanges, like Binance, also offer a P2P marketplace. This enables individuals to transact with each other in a convenient way, while the platform ensures the safety of a deal though an escrow service.
How to Buy USDT (Tether) from ATM
Not only is USDT Coin one of the largest crypto assets by market cap, it is also a coin hugely supported by Bitcoin Automated Market Tellers (ATMs). An online directory of Bitcoin ATMs, Coin ATM Radar, says there are hundreds of such installations worldwide, allowing you to buy and sell USDT, along with other popular cryptocurrencies, using traditional fiat money. Such machines let you obtain the crypto at the current Tether price, yet the operator’s fee can be quite high, generally up to 15% per transaction.
Locate a Crypto ATM
Start by finding a cryptocurrency ATM that supports Tether (USDT). Websites like Coin ATM Radar or search engines specializing in crypto ATMs can help you locate one near your location.
Get a Reliable Crypto Wallet
To store Tether safely, you'll need a cryptocurrency wallet that supports USDT. Choose a reputable wallet provider, download their app onto your smartphone, and set up a wallet. Make sure to securely save your wallet's recovery phrase or seed words as they are crucial for accessing your funds.
Visit the ATM
Arrive at the ATM and get ready to purchase Tether. Have your smartphone with the cryptocurrency wallet app installed and accessed, along with your desired payment method (usually cash or a credit/debit card).
Start the USDT Purchase
On the ATM screen, select the option to buy crypto. You might be required to provide your mobile number or any identification documents for verification purposes. Follow the prompts shown on the screen.
Specify the Amount and Wallet Address
Enter the amount of Tether you wish to purchase. Make sure to enter the wallet address provided by your Tether wallet app correctly. Double-check all the information before proceeding.
Complete the Payment
If paying with cash, insert the bills into the ATM. If using a card, input your card details as required. Review the transaction details, including any fees or exchange rates, and confirm the purchase.
Wait for Confirmation
The ATM will process your transaction, and depending on network congestion, it might take a few minutes or longer to complete. Be patient and avoid leaving the ATM until you receive a confirmation message.
Check Your Wallet Balance
Once you receive the confirmation, check your Tether wallet to ensure USDT coins have been transferred to your account. It may take some time for the balance to reflect, but usually, it is a swift process.
How to Buy USDT (Tether) with Cash
Opportunities for buying USDT with cash are available on centralized crypto exchanges, peer-to-peer trading platforms, over-the-counter (OCT) trading desks, and crypto ATMs.
Certain companies may also offer USDT crypto vouchers to purchase with cash at local stores and distributors and then redeem those vouchers for Tether coins through participating crypto platforms.
Some crypto wallet providers also enable fiat-to-crypto purchases of USDT right from the wallet interface.
Tether Limited, the company behind USDT, also provides an option to purchase USDT directly from their website. Visit the official Tether website and look for a "Buy Tether" or similar option to purchase crypto with cash or other payment methods.
How to Purchase USDT (Tether) with a Prepaid Card
Purchasing USDT with a prepaid card is as easy as 1-2-3. First, find a reputable cryptocurrency exchange that supports USDT trading and accepts prepaid card payments. Next, create an account on the exchange, solve an identity check, and make sure your prepaid card is loaded with a sufficient amount of fiat.
Finally, head over to the exchange, select USDT, and choose the option to buy with your prepaid card. Good news is that such purchases often incur low fees. Soon after, your cryptocurrency wallet will replete with your own USDT. So, grab your prepaid card, follow these steps, and get ready to dive into the world of stablecoin goodness!
What Can You Buy with USDT (Tether)?
USDT is a popular virtual asset, ranking number 3 in terms of market capitalization. Generally, people purchase Tethers because they want to keep their money in crypto, yet avoid crypto market volatility. You can simply hold onto your USDT coins in a wallet, or treat yourself with a little shopping spree. Across the world, online and brick-and-mortar stores accept Tether as a valid payment method. You can spend Tether tokens like regular money and enjoy low transaction fees combined with price stability for purchasing some of your favorite products and services.
Better even, you can start earning money using stablecoins. There are three primary methods for generating income using Stablecoins like USDT:
Staking. You can stake stablecoins in staking pools or platforms that offer rewards for holding and validating transactions on the blockchain. Staking allows you to earn additional stablecoins or other cryptocurrency rewards for participating in the network's security and consensus protocols. Additionally, staking helps to maintain network integrity and decentralization. By staking your stablecoins, you can earn passive income while supporting the stability and growth of the blockchain ecosystem.
Yield Farming. USDT can be used in various decentralized finance (DeFi) protocols for yield farming. Yield farming involves lending or providing liquidity to DeFi platforms and earning rewards in the form of additional tokens. By supplying USDT to these platforms, users can earn interest or other tokens, increasing their overall returns on investment.
Liquidity Pools. USDT can be added to liquidity pools in decentralized exchanges (DEXs) or automated market makers (AMMs), such as Uniswap or SushiSwap. Liquidity pools allow participants to contribute their assets, including USDT, to provide liquidity for trading pairs. In return, they earn fees from these trades proportional to their share of the pool. Participating in liquidity pools with USDT can provide a passive income stream for holders.
Where to Store USDT (Tether)?
You can secure your USDT tokens by using a reliable hardware wallet. Alternatively known as cold storage wallets, hardware wallets are encrypted USB devices that store your private keys offline, providing a layer of security against the threats stemming from being connected to the internet.
Desktop wallets are downloaded software programs for laptops and personal computers. Such crypto wallets are partly cold storage because they run on your device and get connected to the internet whenever your computer goes online. Some products in this category may also allow you to send, receive, and swap Tether coins from the interface.
Web-based wallets, browser extension wallets, and mobile wallets refer to the hot storage group of wallets because they are always connected to the internet. Such USDT wallets are very convenient for everyday transactions, but not so great for storing Tether in great quantities and for a long run.
How to Cash Out Tether?
Selling USDT for cash is done through a centralized exchange with off-ramp functionality (an ability to handle fiat-to- crypto conversions and send funds via a bank transfer or card). Decentralized exchanges only let you swap Tether coins for other cryptocurrencies, not fiat currencies.
Some cryptocurrency wallets may also provide for cashing out USDT holdings.
Crypto ATMs with Tether integrations allow you to sell USDT for local fiat money, such as USD and EUR.
There are also crypto debit cards that let you send your Tether coins from your wallet to a regular Mastercard or VISA, so you can use these crypto assets at merchants and withdraw cash at classic ATMs.
With Changelly, you can sell Tether directly from your wallet and instantly withdraw funds to your debit card.
Hide
Related articles about USDT
Subscribe to our newsletter to get the latest crypto insights and price updates.