How to Buy Tether (USDT) in Gibraltar

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

Step 1 – Signup to Kraken

You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your Bitcoin or Ethereum 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 alike. Tether (USDT) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're working with 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 directly have access to your finances and you can commence buying and trading. To invest in Tether (USDT) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot Tether (USDT), you will need to put the shortname of the coin (USDT) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this also. Click on “USDT/BTC” to go on.

Step 4 – Purchasing (USDT) Tether

After you have spotted Tether (USDT), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled with the most latest price (USDT) Tether was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of USDT you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the whole quantity of USDT.

If you are happy, click on “Buy USDT”. Your order will be filled as soon as a Vendor sells their USDT for the price you offered.

Step 5 – Withdraw Tether (USDT)

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time frame. In order to take off your Tether (USDT), hover over the “Funds” tab and mouse click on “Withdraw”. Tether (USDT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDT) Tether by using the given drop-down box. Put into the quantity of (USDT) Tether you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you are satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully bought and safed (USDT) Tether in Gibraltar.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (USDT) Tether is safe within your wallet, you are done.