How to Buy Tether (USDT) in Latvia

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

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10$.

Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Tether (USDT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've chosen the correct coin you would like 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, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate Tether (USDT)

Once your deposit has been verified, you'll now have access to your funds and you can initiate invest and trading. To buy (USDT) Tether on Binance, you'll want to hover over the tab which is calledExchangeand then click onBasic”.

In order to locate Tether (USDT), you'll need to put the short name of the asset (USDT) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click onUSDT/BTCto go ahead.

Step 4 – Buy (USDT) Tether

After you have spotted Tether (USDT), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order.

The field with thePricetag will be filled automatically with the most recent price (USDT) Tether was traded for. You can change this to your preferred rate. The field with theAmounttag is the quantity of USDT you like to purchase. The field with theTotaltag is the whole price in BTC that you will pay for the whole quantity of USDT.

When you are satisfied, make a mouse click onBuy USDT”. Your order will be filled when a Vender trades their USDT for the price you introduced.

Step 5 – Withdraw Tether (USDT)

Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. To take off your (USDT) Tether, hover over the tab calledFundsand mouse click onWithdraw”. (USDT) Tether can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDT) Tether by using the provided drop-down box. Drop in the quantity of Tether (USDT) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

If you're satisfied, clickSubmit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You have successfully purchased and stored Tether (USDT) in Latvia.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Tether (USDT) is stored inside your wallet, you are done.