How to buy USDT (Tether)?
Every year the cryptocurrency market becomes more and more diverse. New digital coins are appearing, the functionality of which is different from all that have already existed before. A striking example of a fundamentally new digital coin is Teaser, USDT.
Taser is the first cryptocurrency to be awarded stablecoin status. The main difference between such a digital coin is that its value is equivalent to the value of pegged fiat currencies. For example, the USDT rate is equivalent to the value of the US dollar. However, there are other stablecoin options. However, USDT is precisely a cryptocurrency. Therefore, the algorithm for how to buy USDT is similar to what applies to exchanging, buying and selling any other digital coins.
Preparing to buy USDT
To use digital currencies, given the absence of any other format other than electronic, you need to choose the right storage - a wallet.
Choosing a reliable cryptocurrency wallet
Cryptocurrency wallets are special programs through which you can log into the USDT system, sell and buy coins. The following types are available to choose from:
cold;
hot.
Cold ones are separate hardware devices, information storage devices that are connected to a PC or laptop to enter a web wallet. The process of setting up such a wallet is not easy, but the level of reliability of storing coins is higher. The Tether cold wallet is suitable for long-term storage of cryptocurrencies and for making payments for large sums of money.
Hot ones are mobile applications or special websites. To create your personal wallet and buy Tether from it, you just need to go through a quick registration and verification procedure on the website or in the selected smartphone application. Since the security level of such wallets is somewhat lower than that of cold wallets, you should not use them for large sums of money. However, for everyday use - to pay for goods, services, for active trading, this is the most convenient option. Purchasing USDT through such wallets is quick, the software itself has a convenient and simple interface, and a variety of options.
Understanding market platforms and exchanges
To avoid any problems with how to buy USDT for hryvnia, you need to choose the right type of intermediary platform. There are the following options to choose from:
cryptocurrency exchanges;
online exchangers;
P2P exchangers.
Exchanges are a good choice for those who do not plan to hold cryptocurrency long-term in order to profit from value correlation. The services of such services are used by novice traders and those who plan to use various assets in their activities. You won't be able to buy USDT without commission here. Moreover, on cryptocurrency exchanges commissions are charged for different services. There are also paid tools that allow you to minimize the risks of financial drawdown, select more favorable conditions for a transaction, and automate the processes of opening and closing orders according to specified requirements. However, it is important to consider that profits are withdrawn only through fiat money, in the currency that was chosen when registering on the platform.
Cryptocurrency exchangers are the best option for buying USDT in Ukraine. Such services have many advantages:
a large selection of services - the digital coins on the list are usually presented in several dozen or hundreds of types, there is fiat money for conversion;
favorable USDT Tether exchange rate;
optimal commission size - it is in this group of platforms that it is possible to find a way to buy USDT without commission (in this case, the company’s margin is simply included in the general exchange rate);
good limits;
high security;
instant transaction processing;
you can exchange coins for fiat cash.
P2P platforms are in certain demand due to favorable conditions. However, such companies have questions regarding the security and legal liability of the parties to the transaction. Fraud is more advanced here.
Methods for purchasing USDT
Depending on the goals set, a decision is made on where to buy USDT cheaper, more profitable, easier, faster. To begin with, the best platform for individual requirements is selected.
Depending on the chosen method, the speed of debiting and crediting funds to the crypto wallet differs. For example, in online exchangers, if it is a transfer from a card, then the transaction takes place instantly, with rare exceptions - 30-60 minutes. When a bank transfer is selected (usually such a service is provided on cryptocurrency exchanges), the money is credited to the account within a period of 3 to 7 business days.
Performing a USDT purchase transaction
To buy USDT without commission through an online exchanger, follow the following algorithm:
register and verify your account if necessary;
select a payment method—you can purchase USDT from a bank card, via bank transfer, or arrange a transfer from one cryptocurrency to another;
select the transaction amount;
select payment verification methods (it is better to give preference to two-factor authentication);
confirm the transaction.
After that, click continue. Before submitting an application, it would be a good idea to make sure that the exchange rate and commission conditions meet your expectations and contribute to making a profit. This can be done conveniently through the online calculator on the platform.
Safety when buying USDT
Buying USDT without commission is not only profitable, but also safe. Especially considering that transactions with cryptocurrencies are irrevocable, and all participants in the cryptocurrency community work in anonymity mode.
To eliminate potential risks of fraud and phishing, when choosing a crypto wallet platform and service for exchanging USDT, perform the following checks:
originality of the site;
authenticity of the company's legal documents;
reliability of data on the operating time of the platform;
large capitalization.
To safely store USDT in large amounts, it is better to use cold crypto wallets, since theft of money through browsers that operate hot wallets is much easier for scammers. It would be a good idea to make backups at regular intervals. Creating a database backup eliminates the loss of access to your assets in the event of technical failures or mechanical equipment failure.
Conclusion
USDT is a convenient cryptocurrency option in which you can store money during periods of unstable market conditions, surges against the backdrop of rising fear and greed indices. The value of the Teaser is stable, and there is no transfer of money into fiat, which has a positive effect on the overall profitability.
