How to Buy Tether (USDT) in Greenland

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

Step 1 – Join Kraken

You will first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Tether (USDT) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find Tether (USDT)

As soon as your deposit has been approved, you will directly have access to your finances and you can launch buying and trading. To purchase (USDT) Tether on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”.

In order to locate (USDT) Tether, you'll need to insert the short name of the asset (USDT) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have marked this too. Click on “USDT/BTC” to proceed.

Step 4 – Purchase (USDT) Tether

After you have spotted Tether (USDT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order.

The field with the “Price” tag will be automatically filled with the recent valuation Tether (USDT) was sold for. This can be changed to your desired rate. The “Amount” field is the amount of USDT you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of USDT.

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

Step 5 – Withdraw (USDT) Tether

Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an extended time frame. In order to withdraw your (USDT) Tether, hover over the tab called “Funds” and mouse click on “Withdraw”. Tether (USDT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Tether (USDT) by using the given drop-down box. Put into the amount of (USDT) Tether you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and safed Tether (USDT) in Greenland.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (USDT) Tether is stored inside your wallet, you're done.