USDT (USD Tether) has established itself as one of the most popular U.S. dollar-pegged stablecoins available today. Yes, you can buy USDT today and then sell it when you’re ready to cash out. MoonPay has a sell functionality, so you can easily buy Tether and then exchange it for fiat currencies like USD and EUR. You can also top up your wallet with euros, pounds, or dollars and use your MoonPay Balance to purchase USDT and other crypto tokens. With MoonPay Balance, you’ll enjoy quicker transactions, higher approval rates, and zero-fee withdrawals directly to your bank account when you cash out.
How can I buy USDT with a credit card?
Remember not to leave your USDT on an exchange; if you’re looking to hold, we recommend a secure crypto wallet (preferably a cold, hardware wallet) for safekeeping. CEXs, such as Bitget shown in our example, are convenient for buying USDT because they allow you to trade without the costly network fees that you see on-chain. Investors that regularly make large profits, like crypto whales, are typically more willing to pay network fees than the shrimp and fish. Now that you already have USDT in your OKX account, you can transfer it out to other accounts and wallets.
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We offer localized payment options that cater to regions all over the world. Now that you have USDT, you can simply hold it or exchange it for another asset. You could even send it to another exchange or wallet, play around with some DeFi platforms, and start earning on your assets — it’s entirely up to you.
Using your USDT on Bitget
A stablecoin is a cryptocurrency that pegs its value to the price of an underlying asset, such as a fiat currency like USD, EUR, or GBP. Stablecoin prices are equivalent to £1, $1, €1, or whatever currency the asset is pegged to. If you purchased USDT on OKX, you can store it on the exchange. You can also transfer your USDT out to a non-custodial wallet such as OKX Wallet, or a hardware wallet. However, a network fee will apply for the transfer depending on the network you choose. Buy Tether (USDT) in 150+ countries using the local currency of your bank account.
For Ethereum, Tether widely used in DeFi applications like lending and trading. On Solana, USDT supports fast, scalable payments suited for real-time apps. Each network offers unique advantages that shape how USDT is used.
Enter it in the designated field to confirm your registration. The price of USDT will fluctuate when you purchase it using other non-USD currencies, which is important to keep in mind. You can buy USDT for competitive prices on OKX, with the precise fee determined by your chosen purchase method.
USD is relatively stable compared to the currencies of other countries, which may suffer from inflation via currency depreciation. Understanding how to buy, swap, and convert USDT can help beginner crypto traders to navigate exchange and participate in Web3 with greater ease and simplicity. Although the methods for acquiring and sharing position trading guide USDT may seem a little complicated at first glance, you’ll often find that the process is similar across platforms. The stability and multi-chain build of USDT makes it a convenient store of value. Traders often buy and hold USDT while waiting to enter the market, as this approach is considered to be faster than depositing funds each time they wish to open a position. USDT is also often used as a fast and low-cost transfer of value, making it an ideal reserve currency on the blockchain.
Step 2
Prepare the wallet address you’re transferring to and the network before you start the process. As a base token that other tokens are traded against, USDT is available on most crypto exchanges, including OKX. Currently, decentralized exchanges like Uniswap give users the option to buy USDT and other cryptocurrency with no KYC. Select your preferred method of payment, review your trade details, and swipe to confirm your order. USDT use cases also vary by the specific blockchain it’s issued on.
- Strictly avoid moving to third-party messaging apps.➤ If anything seems suspicious, contact Bitget support before confirming the transaction.
- Remember not to leave your USDT on an exchange; if you’re looking to hold, we recommend a secure crypto wallet (preferably a cold, hardware wallet) for safekeeping.
- USDT, or Tether, is a cryptocurrency that is pegged to the value of the US dollar.
- Once the verification process is completed, full trading and transfer capabilities will be enabled for your account.
- How much USDT you can buy will depend on your account limit, with higher purchases requiring increasing/different KYC levels.
What is OKB? The utility token of OKX
You can sell USDT for a fiat currency of your choice on OKX or other crypto exchanges and withdraw it to your bank account. However, be sure to first understand exactly what methods are available in your country, as conversion methods and off-ramp options differ by exchange and location. You can also sell your USDT to other traders directly via the OKX P2P marketplace.
After you buy Tether, you can transfer it to anyone across the globe, as long as you know their crypto wallet address. There are many custodial and non-custodial options to choose from, such as Ledger, Trezor, Exodus, and Trust Wallet. Select Tether from our catalog of over 100 cryptocurrencies available for purchase. In the MoonPay widget, you can choose to buy USDT on multiple blockchains, like Ethereum, Solana, Binance Smart Chain, Polygon, Tron, and more. Tether (USDT) has the widest adoption and largest market capitalization of all stablecoins, making it the most liquid.
- You can now either Withdraw your USDT to another exchange or wallet or use the Exchange option to exchange your USDT for another asset.
- You can filter offers by sellers by your choice of fiat currency, buy amount, and payment methods — such as cash, bank transfer, or mobile wallets.
- Buy USDT instantly with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more.
- You can also sell your USDT to other traders directly via the OKX P2P marketplace.
Input the amount of USDT you’d like to transfer, click “Withdraw,” and finish any necessary verification or authentication processes. You can also download the Bitget mobile app via Google Play or the App Store. For this demo, we have used the Bitget platform and will explain the process step by step. If you prefer transferring USDT from your mobile phone, you can do so using the OKX Wallet in our app. The OKX mobile app is another fast and convenient place to buy USDT. Join 500,000 people instantly calculating their crypto taxes with CoinLedger.
Use your Tether to purchase goods and services from any participating merchant that accepts USDT and cryptocurrency. The best way to buy USDT is through a cryptocurrency exchange, like Bitget, or directly through Tether Limited. The eurodollar system — where USD circulates outside the U.S.— has existed for decades, powering global trade and shadow banking.
Buy USDT and 100+ other cryptocurrencies, including Bitcoin, Ethereum, Solana, and more
Another option is to use a decentralized exchange (DEX) to complete the swap. However, it’s important to note that the network fee for DEX swaps on some chains can be expensive. You might also encounter slippage, which happens when the price you request is different from the price at execution due to a sudden change in the asset’s value. What’s more, when swapping tokens via DeFi, you can only swap your assets for tokens that are available on the chain.
With the above guide, you can quickly understand how to buy and move USDT quickly and securely using OKX. Check out our guide to USDT for a deeper understanding of this popular asset. And if you feel ready to level up your trading and potentially gain more from your USDT, read our beginner’s guide to OKX Shark Fin, our principal-protected savings product. If you already have USDT in your wallet, you can send it to a cryptocurrency exchange like OKX to swap it for another currency.