How to Buy Tether (USDT) in Denmark

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

Step 1 – Join Kraken

You will first need to purchase units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Tether (USDT) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Tether (USDT)

Once your deposit has been verified, you will now have access to your funds and you can begin buying and trading. To invest in (USDT) Tether on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to spot (USDT) Tether, you'll need to put the shortname of the coin (USDT) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've marked this also. Click on “USDT/BTC” to progress.

Step 4 – Buy Tether (USDT)

As soon as you have found Tether (USDT), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the recent price (USDT) Tether was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of USDT you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of USDT.

If you are happy, make a mouse click on “Buy USDT”. Your order will be filled as soon as a Seller trades their USDT for the price you submitted.

Step 5 – Withdraw Tether (USDT)

Unless you are trading, you should never keepyour crypto coins on an Crypto Exchange for an extended period of time. To withdraw your (USDT) Tether, hover over the “Funds” tab and mouse click on “Withdraw”. (USDT) Tether can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Tether (USDT) by using the provided drop-down box. Enter the amount of (USDT) Tether you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you're glad, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congratulations! You've successfully purchased and safed Tether (USDT) in Denmark.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Tether (USDT) is stored inside your wallet, you are finished.