Where to buy USDT? How to buy USDT for beginners
Along with Bitcoin and Ethereum, USDT is one of the 3 coins that everyone involved in the crypto market should know about. However, not everyone knows what USDT is and where to buy USDT. Many people want to buy USDT but don’t know a reputable place to trade. Therefore, in this article, we provide a complete guide on USDT for newcomers to this market.
USDT is the symbol of the cryptocurrency Tether. This is a stable form of the coin, meaning it is stable as the value of Tether fluctuates slightly around the $1 price.
USDT is considered an intermediary coin for trading between other cryptocurrencies. Choosing the USDT trading pair is a safer choice than BTC or ETH, especially for beginners. In addition, the stable value of Tether is also a way for traders to keep their assets from changing during market storms when the prices of most coins suddenly go up and down.
Where to buy reliable and safe USDT?
With any cryptocurrency, including USDT, there are generally two ways to buy and sell: on exchanges and directly from individuals.
Buy USDT on the exchange
Buying and selling on the stock exchange is still a popular form for many investors. There are many exchanges in Vietnam that allow you to buy and sell USDT to VND through a bank account. But the most prestigious and guaranteed can only be in Remitano. For more helpful information, check out our review article What is Remitano?
Buy USDT directly from individuals
You can buy from friends or look for people to buy/sell in coin communities like Facebook, Telegram or cryptocurrency forums. This is a way to reduce transaction costs and get lower prices. But this method also has a lot of risks because there are cases where they are cheated by sending money or coins then they don’t get the money back.
Steps to Buy and Sell USDT Tether
This is the easiest process for newcomers to trade USDT.
Step 1: Create a USDT wallet on Binance
Creating a USDT wallet on Binance is very simple, all you need to do is have a Binance account and deposit into the Binance wallet and know your USDT wallet address. Binance is very easy to use, you can change the language to Vietnamese to use it. Also check out our review of what Binance is all about.
You will soon see your USDT wallet appear on Binance, copy this wallet address and proceed to the next step.
Step 2: Register a Remitano account
Once you have a USDT wallet, create an account with Remitano and verify the account.
Step 3: Deposit funds to the Remitano exchange VND wallet
At Remitano select “VND Wallet”, then “Deposit” and enter the deposit amount then press “Deposit”. At this point, Remitano provides you with the following information:
- Deposit Amount: You must transfer the correct amount as instructed by Remitano
- move content
- Account designation
- Account number: This is also your VND wallet
- Bank name: Vietcombank
In it you need to remember two pieces of information: the amount of the deposit and the content of the transfer. If you make a transfer to the account number above, you must copy these two pieces of information in writing as they will be processed by the Remitano system. This information is saved automatically, if you enter it incorrectly, you may lose money.
To send click the “Send proof of payment” button => for the payment section select “www.vietcombank.com.vn” if you use internet banking, besides that there is also mobile banking if you transfer by phone => click “Click or drag the file. ..” then upload a photo of the receipt => Click “Send” and wait a few minutes.
After about 10 minutes, the funds will be successfully loaded into the VND Remitano wallet, you will receive an email notification of a successful deposit.
Step 4: Buy USDT to VND at Remitano
At this point you choose who the seller is to buy USDT. There are two ways to choose as follows:
- Buy USDT fast, you always choose above, click buy now, this price changes according to real time USDT rate.
- Scroll down to the Seller List section and select the seller you want. The person with the highest selling price is the person with the lowest selling price. Select “Buy” on the right. However, you need to look at the “Maximum” line, i.e. the amount they sell for. If you want to buy more, you have to choose another one or buy several times. So quickly select “Buy Now” above.
After clicking Buy Now, now enter your USDT purchase information as follows:
USDT Amount: Enter the USDT amount you want to buy
Receive USDT in: You have 2 options “Your Remitano Wallet” and “Personal USDT Wallet”. This Personal USDT Wallet section is the Binance wallet you received in step 1.
After you click Buy Now, Remitano will notify you to confirm that you entered the correct personal USDT wallet address.
Check the 2 boxes and then select “Confirm”.
If you have enabled 2FA security, you need to enter it and click “Confirm”.
Wait about 15-20 minutes for the transaction confirmation process, then the USDT will be transferred to the Remitano USDT wallet or the Binance wallet you selected above.
Above are the most popular and leading ways to buy USDT from VND today. Usually we buy Tether USDT and then move to exchanges to buy other cryptocurrencies like BTC, ETH. We’ve walked you through a 4 step process including switching to Binance. Lots of luck.
WARNING: Investing in financial products involves many risks which may not be suitable for some investors. Therefore, please think carefully and check yourself before you decide to link to this website. CryptoViet.com.