A Step-by-Step-Guide on how to buy Tether (USDT)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and to get your welcome $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Tether (USDT) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Tether (USDT) Once your deposit has been verified, you'll directly have access to your assets and you can initiate purchasing and trading. To purchase Tether (USDT) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Tether (USDT), you'll need to put the shortname of the coin (USDT) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “USDT/BTC” to continue.
Step 4 – Purchasing (USDT) Tether Once you have spotted (USDT) Tether, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation (USDT) Tether was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of USDT you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of USDT. If you're happy, make a mouse click on “Buy USDT”. Your plan will be filled as soon as a Vender trades their USDT for the price you offered.
Step 5 – Withdraw (USDT) Tether Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time frame. To withdraw your (USDT) Tether, hover over the tab called “Funds” and click on “Withdraw”. (USDT) Tether can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDT) Tether by using the given drop-down box. Put into the quantity of (USDT) Tether you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.