How To Buy Tethers In India? [Buy USDT Instantly]

There are a number of cryptocurrencies in the market that became popular in a short while. These include Ethereum, Tether, Dogecoin, Bitcoin, and more. A well-known name in cryptocurrencies is Tether. Tether is based on a Blockchain and is one of the cryptocurrencies pegging its market value equivalent to the Fiat Currency. It is also known as a stablecoin as it is a stable currency that anyone can redeem for dollars. Started in 2014 by Craig Sellars, Reeve Collins, and Brock Pierce, Tether was called Realcoin initially. In the beginning, it projected on the Omni Layer of Bitcoin, but, later, it kept going to enlarge on other protocols, which include TRON, Bitcoin Cash, Liquid Network, EOS, and Ethereum. Read this article to know more about Tether Cryptocurrency and how to buy it in India.

 

About Tethers:

Started in 2014, Tether was earlier called RealCoin. Later, a company named Tether LTD renamed it Tether. This company has the responsibility to manage the Fiat currency’s reserve amount and began trading in 2015. Tether was designed to offer transparency, stability, and minimum charges for transactions to the users and create an essential connection between cryptocurrencies and fiat currencies. In terms of value, Tether preserves a 1 to 1 ratio with USD. Although, Tether Ltd never assured to provide any rights of exchanging and redeeming Tethers for real cash. Tether coin can be bought by exchanging other already owned crypto or can sell Tether to buy other cryptos.

 

How to Purchase Tethers?

There are different Cryptocurrency exchanges using which you can buy Tethers and many other cryptocurrencies. These exchanges include Binance, WazirX, CoinDCX, Coinswitch, etc. You can use any of these crypto exchanges to purchase Tethers. To buy Tethers using Binance, you need to buy USDT before purchasing Tethers. WazirX, CoinDCX, Giottus do not need any currency conversion, and you can buy Tethers directly in Indian currency. In this article, I will share the steps to purchase Tethers using Binance in India. Binance is the most popular crypto exchange that offers over 500 cryptocurrencies and other virtual coins.

Below are the steps you need to follow to buy Tethers Cryptocurrency in India using Binance:

 

Step 1: Register on Binance

Install the mobile application of Binance or go to the official website of Binance using the browser. Create your account for the registration and complete the KYC for trading:

Buy Tethers on Binance

 

Step 2: Buy USDT

First of all, open the Wallet and click on the ‘P2P’ option. Now select the USDT available at the top of the page and choose the seller to purchase USDT. And, finally, Enter the amount and hit a click on ‘Buy USDT’.

Buy Tethers on Binance

 

Step 3: Make payment for USDT

Choose the payment option and get the details of the seller for the payment option. Now, pay your amount for the USDT purchased following the selected payment option. Once the payment process is complete, your account gets credited with an equal quantity of the USDT.

Buy Tethers on Binance

 

Step 4: Transfer USDT from P2P Wallet to Spot Wallet

The USDT gets deposited into the P2P Wallet. You have to transfer the USDT to the Spot Wallet to buy Tether using USDT. You can transfer the required USDT by just clicking on the Transfer option available in front of the USDT.

Buy Tethers on Binance

 

Step 5: Start trading Tethers

Click on the Market option, search Tether, and buy it. You can check the same in the order history.

Buy Tethers on Binance

 

Other Crypto Exchanges:

You can use other crypto exchanges to buy Tethers if you do not want to use Binance. Other options are BuyUcoin, Coinbase and many more. Using these exchanges, you can directly buy USDT in INR, and no currency conversion is required. You can use any of these crypto exchanges to buy Tethers.

 

BuyUcoin:

BuyUcoin is one of the safest and secure crypto exchanges in India. Started in 2016, BuyUcoin rapidly became popular and the most trusted exchange in India. In a short while, a large number of Indian users started trading through BuyUcoin. It is so simple and easy to purchase Tether by just following a few steps. Register on BuyUcoin and complete the KYC steps. You are ready to trade. Firstly, you need to buy USDT and make the payment for the USDT, bought through Credit card and wire transfers. BuyUcoin also allows you to purchase multiple cryptocurrencies, including Bitcoin, Tether, Ethereum, Dogecoin, Litecoin, and many others.

Buy Tethers on BuyUcoin

 

Coinbase:

Coinbase is a Cryptocurrency platform that allows you to buy a number of cryptocurrencies, including Ethereum, Bitcoin, Litecoin, etc. It can also be used to exchange cryptocurrencies or send Cryptocurrency to other people. You can also use Coinbase to check the changing price of Cryptocurrency. To use Coinbase to buy Tether, you need to create an account on Coinbase and complete your KYC. Then add bank details to finish the account setup. Once the account setup is complete, you are ready to buy TetherUSDT on Coinbase. You can buy the crypto in the fractions as well.

Buy Tethers on CoinBase

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Conclusion:

I have explained all the information about Tether that you would require to start trading in Tether. Tether is a crucial Cryptocurrency from the trading point of view. If you are interested in buying Tether, then you can buy it using Binance following the steps shared in this article. There are many other crypto platforms using which you can buy Tether. You can use any of the crypto platforms to buy Tether.

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