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Author Topic: How to buy Tether USD?  (Read 64608 times)
seek4dream
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November 30, 2017, 03:13:01 AM
 #61

you can direct deposit and buy tether in official site tether, tether.io, but youre county must accepted tether
another you can buy in exchanger, much exchanger suport USDT, hitbtc, kraken, yobit, poloniex, bittrex and more, all majority altcoin exchange but support pair USD/bitcoin support USDT

you can't do anything directly with tether any more. you can't deposit or withdraw real dollars and even registering has ground to a halt.

it's only possible via exchanges.

So if I want to buy some USDT with USD, I have to buy coins first?
From https://coinmarketcap.com/currencies/tether/#markets
I find there is a USDT/USD market in Bitfinex, but when I check the link, there is no such market.
niap
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December 06, 2017, 08:03:53 AM
 #62

The only way to get USDT is to buy altcoin ex. Bitcoin, and change it to USDT on polo or bitfinex?
There's no other way like direct buying USD to USDT?
Millionero
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December 06, 2017, 09:47:56 AM
 #63

The only way to get USDT is to buy altcoin ex. Bitcoin, and change it to USDT on polo or bitfinex?
There's no other way like direct buying USD to USDT?
Kraken has the usd-usdt trading pair.
So yes, you can use dollars to buy tethers, although I can't think of a good reason to do so.
Raffielo
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December 09, 2017, 05:50:32 AM
 #64

market place exchanger is support tether USD is two market place
poloniex dot com and bitfinex dot com, you can buy USD in there and withdraw money can use USD tether
Are these the only exchanges which are exclusive to buying tether? Also, does tether differ from usd in any way or is it just a renaming of usd within the crypto space? I’ve recently heard news headlines that tether isn’t worth the true one dollar worth, is this something that can be weighed internally some how?

Zerogreens
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December 11, 2017, 07:26:46 AM
 #65

Can someone who knows explain why it is not possible to buy USDT directly with USD?  Are there any legalities involved that is stopping this market from being created?  I mean it seems like it will be really cool to use credit cards to buy some USD tether without having to go through the hassle of exchanges.
European Central Bank
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December 11, 2017, 08:01:56 AM
 #66

You can buy it on Kraken.

You can't buy it or sell to directly from tether with any method so be thankful there's Kraken at least.
seek4dream
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December 11, 2017, 08:40:59 AM
 #67

You can buy it on Kraken.

You can't buy it or sell to directly from tether with any method so be thankful there's Kraken at least.

Thanks for this information.
I just checked, and found that the current price is about 1.01 USD, the volume is around $1 million/day, which is not very high.
okour999
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December 11, 2017, 08:41:56 AM
 #68

its that ok to buy tether usd in etherdelta?

mmortal03
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January 01, 2018, 04:02:01 PM
Last edit: January 01, 2018, 04:32:48 PM by mmortal03
 #69

The only way to get USDT is to buy altcoin ex. Bitcoin, and change it to USDT on polo or bitfinex?
There's no other way like direct buying USD to USDT?
Kraken has the usd-usdt trading pair.
So yes, you can use dollars to buy tethers, although I can't think of a good reason to do so.

A reason to do so would be if you wanted to dollar cost average into an alt on Poloniex that isn't traded on Kraken.

Edit: Also, alt pairs on Polo with USDT seem to be priced lower than alt pairs on Kraken with USD, even accounting for the buy ask spread, so, as long as you're getting 1 USDT for your 1 USD, you seem to be able to get a better deal for alts on Polo than buying them directly on Kraken.

Edit 2: It's not one-to-one on Kraken. Scratch the second idea.
phantomberg
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January 01, 2018, 04:12:39 PM
 #70

A lot of popular exchanges sell this token. Even on Bitrex and Binance you can buy this coin. I did not know before that it was a token, it seemed to me that this was a centralized currency

Millionero
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January 02, 2018, 01:30:59 AM
 #71

I did not know before that it was a token, it seemed to me that this was a centralized currency
You are correct that tether is a token; it's a colored coin that lives on the Bitcoin blockchain.
But it is also a centralized currency.  Tether users are relying on the good faith of the tether company to maintain corresponding dollar reserves.
Tether only works because people trust it.  What if people stop trusting tether and there's an old-fashioned panic and a run on the currency, with everybody trying to cash out?
That's when the rubber hits the road.
nevergone162
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January 06, 2018, 02:34:38 AM
 #72

 you can buy in exchanger, much exchanger suport USDT,  poloniex, bittrex.
AnjonDatto
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January 06, 2018, 05:08:44 AM
 #73

I think You can buy it at some exchanges.
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January 08, 2018, 04:09:51 PM
 #74

How to buy USDT using Fiat?
gold1112
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January 18, 2018, 08:41:27 PM
 #75

If you are on Bittrex or Polo, then simply go there and buy Tether. It is instead of USD
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