USDT (Tether) is unarguably one of the largest and most popular cryptocurrencies in the world. Crypto traders and investors hold, buy and sell this stablecoin, making it one of the best crypto coins.
The benefits tied to USDT make it a token that almost every crypto investors want to buy.
In this article, we’ll focus on how to buy USDT. Before then, let’s learn more about USDT.
USDT
What is Tether (USDT)?
Tether (USDT) is a stablecoin, a type of cryptocurrency which aims to keep cryptocurrency valuation stable. It is always pegged at the same value as the US dollar.
USDT converts cash into digital currencies to replicate the value of the coin to the price of natural currencies like the US dollar, euro, etc.
Tether is currently ranked 4th by market cap with a total market capitalization of $74 billion.
How To Buy USDT
There are many ways you could purchase the Tether token on exchange platforms such as Binance. Below are the ways you can buy USDT;
Buy USDT with bank transfer- You can buy stablecoins listed on exchange by sending money from your account to the providers of these coins. These stablecoins can then be used to buy USDT on the exchange platform.
Trade USDT– Binance exchange supports the deposit of more than 300 cryptocurrencies several of which you can exchange for USDT at some of the best rates in the crypto market.
Buy USDT with credit/debit card– You can directly purchase USDT with your credit/debit card on exchange platforms such as Prestmit.
Purchase USDT directly– You can purchase it directly from another individual in person or over the web on your own term.
Buy USDT with a gift card– Platforms such as Prestmit, which is the number one gift card exchange in Nigeria allows you to buy USDT with gift cards such as Razer gold. You’ll need a gift card to purchase USDT on a gift card or crypto app, or website.
If you ever need to buy or sell USDT in Nigeria or Ghana, Prestmit is the best platform for you.
You’ll surely get the best rates for your exchange on this platform that is trusted and reliable.
