How to Buy Tether (USDT) in Australia

A Step-by-Step-Guide on how to buy Tether (USDT) in Australia

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and receive your welcome 10$.

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tether (USDT) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Tether (USDT)

Once your deposit has been confirmed, you'll instantly have access to your finances and you can start invest and trading. To invest in (USDT) Tether on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover Tether (USDT), you'll need to insert the short name of the asset (USDT) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this also. Click on “USDT/BTC” to progress.

Step 4 – Purchase Tether (USDT)

As soon as you've located (USDT) Tether, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate (USDT) Tether was traded for. You can change this to your favoured rate. The “Amount” field is the quantity of USDT you want to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole quantity of USDT.

If you're happy, click on “Buy USDT”. Your order will be filled when a Vendor sells their USDT for the price you gave.

Step 5 – Withdraw Tether (USDT)

Unless you are regularly trading, never keep your crypto on an Exchange for an extended period of time. To withdraw your (USDT) Tether, go to the “Funds” tab and click on “Withdraw”. (USDT) Tether can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDT) Tether by using the given drop-down box. Put into the amount of Tether (USDT) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.

Kudos! You have successfully purchased and safed Tether (USDT) in Australia.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (USDT) Tether is stored in your wallet, you are finished.