How to Buy Tether (USDT) in Jersey

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

Step 1 – Join Coinbase and recieve 10$ for free

In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10 Dollar.

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

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

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find Tether (USDT)

As soon as your deposit has been approved, you'll directly have access to your finances and you can start buying and trading. To purchase Tether (USDT) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to spot Tether (USDT), you'll need to insert the cointype (USDT) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've marked this also. Click on “USDT/BTC” to proceed.

Step 4 – Buying Tether (USDT)

Once you've 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). And now we're going to create our own Limit Order.

The “Price” field will be filled with the recent tariff (USDT) Tether was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of USDT you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of USDT.

When you are happy, make a mouse click on “Buy USDT”. Your plan will be filled when a Vender trades their USDT for the price you gave.

Step 5 – Withdraw (USDT) Tether

Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. To take off your Tether (USDT), hover over the tab called “Funds” and click on “Withdraw”. Tether (USDT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Tether (USDT) by using the given drop-down box. Drop in the volumen of (USDT) Tether you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Kudos! You have successfully bought and safed (USDT) Tether in Jersey.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the Tether (USDT) is safe within your wallet, you're done.