How to Buy Tether (USDT) in Madagascar

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

Step 1 – Signup to Kraken

You will first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tether (USDT) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Tether (USDT)

Once your deposit has been confirmed, you will immediately have access to your assets and you can commence invest and trading. To invest in (USDT) Tether on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to locate Tether (USDT), you will 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 have marked this also. Click on “USDT/BTC” to continue.

Step 4 – Acquisition of (USDT) Tether

As soon as you've located Tether (USDT), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we're going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation (USDT) Tether was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of USDT you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of USDT.

When you are satisfied, click on “Buy USDT”. Your plan will be filled when a Vendor trades their USDT for the price you offered.

Step 5 – Withdraw Tether (USDT)

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

Locate Tether (USDT) by using the provided drop-down box. Drop in the amount of (USDT) Tether you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, click “Submit”. You could be asked for phone/email verification before a withdrawal.

Congrats! You've successfully bought and stored (USDT) Tether in Madagascar.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the Tether (USDT) is stored within your wallet, you're finished.