Tether is a virtual currency that links cryptocurrency to the fiat currency US dollar. It is also a virtual currency stored in foreign exchange reserve accounts and supported by fiat currency. Tether is very popular in the market.
OKX_ Global Digital Currency Trading Platform, click the link below to register on the OKX exchange official website, and the highest council will receive a blind box reward of 10,000 USDT!
OKX registration address: https://www.okx.com/join/OK234
Huobi / Binance / OKX Android APP download: https://688li.com/
Binance registration address: https://www.binance.com/zh-CN/join?ref=587926281
How to obtain USDT/Tether?
Tether is obtained through issuance rather than mining, so the only way to acquire Tether is through trading on exchanges.
For new users making fiat transactions for the first time, it is recommended to use the one-click buy feature on OKX, which is simple and convenient, allowing you to immediately own your digital assets.
- Open the OKX official website (click to enter), users can choose to register using either a [phone number] or [email], and complete the registration as prompted.
Note:
Before buying/selling cryptocurrency, the account must be bound to a phone number, so it is recommended to register directly with your phone number.
If your phone number cannot be used and you cannot receive the SMS verification code, preventing account login, you can resolve this in two ways: 1. During the login process, click [Did not receive the verification code?], and follow the prompts to apply for unbinding your phone number. 2. Send a photo of your ID card (front and back) to the official email: [email protected], indicating the phone number you need to unbind, and staff will follow up on your request.
How to obtain USDT/Tether? Summary of methods to obtain Tether.
- Personal information settings
Before buying/selling cryptocurrency, three pieces of information need to be set: KYC verification, binding phone number, and setting a fund password.
KYC verification: After logging in, click the icon in the upper right corner—[Identity Verification], and complete [LV.1 Basic Verification] and [LV.2 Advanced Verification] in order as prompted.
How to obtain USDT/Tether? Summary of methods to obtain Tether.
- If you do not have an account, you can click here to register a new account, click [Buy Cryptocurrency] in the upper left corner of the official website—[Purchase]—select the currency you want to pay with and fill in the payment amount—[Buy USDT].
How to obtain USDT/Tether? Summary of methods to obtain Tether.
- According to the page display, obtain the seller's payment method, transfer the corresponding amount offline to the other party, and after completion, click [I have transferred, next step], and wait for the seller to confirm.
How to obtain USDT/Tether? Summary of methods to obtain Tether.
- Friendly reminder: In addition to buying cryptocurrency in the [Quick Buy and Sell] area, you can also choose the [C2C Trading] area to buy cryptocurrency, selecting the orders you deem appropriate. If the transaction amount is ≥ 100,000, you can also choose the [Block Trading] area.
How to obtain USDT/Tether? Summary of methods to obtain Tether.
Precautions:
Please do not note any information related to digital assets, such as OKX, BTC, Bitcoin, etc., to prevent issues like remittance interception or bank card freezing.
For interbank remittances over 50,000 during non-working hours (holidays and weekdays from 17:00 to 8:00), please make payments in batches to avoid transaction issues caused by delayed arrival.
Orders can be canceled independently within 15 minutes, but note that multiple cancellations or continuous timeouts without payment will affect your credit, and you will not be able to place orders again on the same day.
The role of USDT:
- Avoid overall decline risk
In cryptocurrency trading, there are three common scenarios, taking LTC/BTC trading as an example:
Buying LTC with BTC, if both BTC and LTC are rising, you enjoy two profits;
Buying LTC with BTC, if one rises and the other falls, your profit depends on the price changes of both currencies, whichever is greater. If either's rise is greater than the other's fall, you profit. Otherwise, you lose. If the price changes are equal, there is no profit or loss;
Buying LTC with BTC, in extreme market conditions, if both currencies are falling, you need to bear two losses. This is often the most frustrating situation.
However, with USDT, when the price of coins falls, you can immediately convert your coins to USDT, thus ensuring that your assets do not depreciate.
- Reverse operation for cryptocurrency withdrawal
Depositing is simple; USDT companies claim that investors can wire dollars via SWIFT to Tether's bank account or exchange for USDT through Bitfinex.
If you have made a significant profit and want to withdraw, you can first convert your coins to USDT and then exchange them for dollars through Tether or other platforms. Here you can find that if you complete Tether's certification, you can directly trade on other non-certified cryptocurrency trading platforms without needing to certify again.
However, the withdrawal process is not that easy. You can return your USDT to Tether through Tether. Tether will destroy the received USDT and issue an equivalent amount of dollars to the user. It is important to note that whether you wire dollars to Tether's bank account to purchase USDT or convert USDT back to dollars, account verification is required. It is understood that Tether's KYC is relatively difficult to pass, and the exchange fee is about 5%.
Additionally, you can also exchange USDT for dollars through trading platforms like Kraken. On the Kraken platform, select the USDT/USD trading pair to convert USDT into dollars.