A Step-by-Step-Guide on how to buy Tether (USDT) in Nigeria
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and getting your welcome 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Tether (USDT) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate (USDT) Tether Once your deposit has been verified, you will directly have access to your finances and you can start invest and trading. To purchase Tether (USDT) on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to spot (USDT) Tether, you'll need to insert the short name of the asset (USDT) into the search-box, which is marked in the graphic. Be certain of having selected the right pairing, we have highlighted this too. Click on “USDT/BTC” to advance.
Step 4 – Purchasing (USDT) Tether After you've found (USDT) Tether, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order. The “Price” field will be filled with the most recent price Tether (USDT) was sold for. You can change this to your preferred price. The “Amount” field is the volumen of USDT you want to purchase. The “Total” field is the aggregated price in BTC that you will settle for the complete quantity of USDT. If you are glad, click on “Buy USDT”. Your plan will be filled when a Vendor sells their USDT for the price you gave.
Step 5 – Withdraw (USDT) Tether Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive period of time. To take off your (USDT) Tether, hover over the tab called “Funds” and 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. Drop in the quantity of Tether (USDT) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.