How to Buy Tether (USDT) in Thailand

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Tether (USDT) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have chosen the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (USDT) Tether

Once your deposit has been confirmed, you'll directly have access to your finances and you can initiate buying and trading. To invest in Tether (USDT) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to find Tether (USDT), you will need to put the shortname of the coin (USDT) into the search box, which is marked in the graphic. Make sure you have selected the right pairing, we've marked this also. Click on “USDT/BTC” to continue.

Step 4 – Purchase Tether (USDT)

As soon as you've found Tether (USDT), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our Limit Order.

The “Price” field will be filled with the most latest price Tether (USDT) was traded for. You can change this to your favoured price. The “Amount” field is the amount of USDT you wish to purchase. The “Total” field is the total price in BTC that you will settle for the complete amount of USDT.

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

Step 5 – Withdraw (USDT) Tether

Unless you're trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. To take off your Tether (USDT), hover over the “Funds” tab and click on “Withdraw”. Tether (USDT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDT) Tether by using the given drop-down box. Enter the quantity of (USDT) Tether you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

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

Congrats! You have successfully bought and stored (USDT) Tether in Thailand.

That's it!

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