How to Buy Tether (USDT) in Uruguay

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

Step 1 – Join Kraken

You'll first need to purchase units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).

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

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 available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate Tether (USDT)

As soon as your deposit has been affirmed, you'll now have access to your finances and you can start invest and trading. To buy (USDT) Tether on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

To locate (USDT) Tether, you will need to insert the cointype (USDT) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “USDT/BTC” to go on.

Step 4 – Buy (USDT) Tether

As soon as you have discovered Tether (USDT), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our Limit Order.

The “Price” field will be filled automatically with the recent price (USDT) Tether was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of USDT you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole volumen of USDT.

If you are happy, click on “Buy USDT”. Your plan will be filled as soon as a Seller trades their USDT for the price you offered.

Step 5 – Withdraw (USDT) Tether

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time frame. In order to take off your (USDT) Tether, go to the tab called “Funds” and mouse click on “Withdraw”. Tether (USDT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDT) Tether by using the given drop-down box. Put into the volumen of (USDT) Tether you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.

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

Kudos! You've successfully bought and stored (USDT) Tether in Uruguay.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the (USDT) Tether is safe inside your wallet, you are all done.