A Step-by-Step-Guide on how to buy Tether (USDT)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Tether (USDT) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (USDT) Tether As soon as your deposit has been verified, you'll directly have access to your finances and you can start buying and trading. To invest in (USDT) Tether on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to spot (USDT) Tether, you'll need to put the short name of the asset (USDT) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this too. Click on “USDT/BTC” to progress.
Step 4 – Acquisition of (USDT) Tether Once you've found (USDT) Tether, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order. The ”Price” field will be filled with the latest valuation (USDT) Tether was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of USDT you like to buy. The ”Total” field is the whole price in BTC that you will settle for the complete amount of USDT. When you are satisfied, make a mouse click on “Buy USDT”. Your order will be filled as soon as a Seller trades their USDT for the price you offered.
Step 5 – Withdraw (USDT) Tether Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. In order to take off your (USDT) Tether, hover over the ”Funds” tab and click on “Withdraw”. (USDT) Tether can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDT) Tether by using the provided drop-down box. Enter the volumen of (USDT) Tether you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click on “Submit”. You could be requested for email/phone verification before a take off.