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Author Topic: Where can you buy USDT (Tether) for a USD Wire Transfer? Reliable Place Only!  (Read 119 times)
Get-Paid.com (OP)
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August 04, 2020, 06:35:45 AM
 #1

A relative of mine wants to invest in the Savings Account in Binance where you can get paid around 8% interest rate per annum at the moment.

She has a USD account, not in the US, and she wants to make a USD Wire Transfer for an exchange of USDT (Tether) for as less fees as possible.

Where is the best place to do that?

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August 04, 2020, 08:20:37 AM
 #2

You can use wire transfer in binance Read this article for guide https://www.binance.com/nl/buy-TetherUS.


Never tried this one , I always use our local exchange to buy bitcoin then transfer that bitcoin in exchange and convert it in USDT. the only problem Is transaction fee when transferring my bitcoin to exchange

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August 04, 2020, 08:36:23 AM
 #3

You can use wire transfer in binance Read this article for guide https://www.binance.com/nl/buy-TetherUS.


Never tried this one , I always use our local exchange to buy bitcoin then transfer that bitcoin in exchange and convert it in USDT. the only problem Is transaction fee when transferring my bitcoin to exchange

Thanks for your help.
Binance is limited up to $5000 and it takes credit card or so.

Looks like the cheapest option is via a local exchange indeed, buy Bitcoin then convert it to USDT on Binance and start the saving - she just needs to do it when the market is calm so the fluctuations between Bitcoin and USDT won't be too high (let's say it would take 30-60 minutes from the time she holds the Bitcoin until she converts it to USDT).

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August 04, 2020, 08:57:45 AM
 #4

You can use wire transfer in binance Read this article for guide https://www.binance.com/nl/buy-TetherUS.


Never tried this one , I always use our local exchange to buy bitcoin then transfer that bitcoin in exchange and convert it in USDT. the only problem Is transaction fee when transferring my bitcoin to exchange

Thanks for your help.
Binance is limited up to $5000 and it takes credit card or so.

Looks like the cheapest option is via a local exchange indeed, buy Bitcoin then convert it to USDT on Binance and start the saving - she just needs to do it when the market is calm so the fluctuations between Bitcoin and USDT won't be too high (let's say it would take 30-60 minutes from the time she holds the Bitcoin until she converts it to USDT).


yeah bro her best option will be to buy from local exchange, why you don't look up localbtc on her behalf, maybe this would be an easy way for her to but btc and then convert to usdt, the market is indeed on the high side so probably best to wait it out and see if there will be some correction so she can get in, between why would it take that long to convert to usdt! is it not just sell to usdt from your binance account.

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Get-Paid.com (OP)
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August 04, 2020, 10:15:54 AM
 #5

You can use wire transfer in binance Read this article for guide https://www.binance.com/nl/buy-TetherUS.


Never tried this one , I always use our local exchange to buy bitcoin then transfer that bitcoin in exchange and convert it in USDT. the only problem Is transaction fee when transferring my bitcoin to exchange

Thanks for your help.
Binance is limited up to $5000 and it takes credit card or so.

Looks like the cheapest option is via a local exchange indeed, buy Bitcoin then convert it to USDT on Binance and start the saving - she just needs to do it when the market is calm so the fluctuations between Bitcoin and USDT won't be too high (let's say it would take 30-60 minutes from the time she holds the Bitcoin until she converts it to USDT).


yeah bro her best option will be to buy from local exchange, why you don't look up localbtc on her behalf, maybe this would be an easy way for her to but btc and then convert to usdt, the market is indeed on the high side so probably best to wait it out and see if there will be some correction so she can get in, between why would it take that long to convert to usdt! is it not just sell to usdt from your binance account.

Yes, exactly.
Thanks m8.

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jrrsparkles
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August 04, 2020, 12:04:29 PM
 #6

You can use wire transfer in binance Read this article for guide https://www.binance.com/nl/buy-TetherUS.


Never tried this one , I always use our local exchange to buy bitcoin then transfer that bitcoin in exchange and convert it in USDT. the only problem Is transaction fee when transferring my bitcoin to exchange

Thanks for your help.
Binance is limited up to $5000 and it takes credit card or so.

Looks like the cheapest option is via a local exchange indeed, buy Bitcoin then convert it to USDT on Binance and start the saving - she just needs to do it when the market is calm so the fluctuations between Bitcoin and USDT won't be too high (let's say it would take 30-60 minutes from the time she holds the Bitcoin until she converts it to USDT).


yeah bro her best option will be to buy from local exchange, why you don't look up localbtc on her behalf, maybe this would be an easy way for her to but btc and then convert to usdt, the market is indeed on the high side so probably best to wait it out and see if there will be some correction so she can get in, between why would it take that long to convert to usdt! is it not just sell to usdt from your binance account.

Yes, exactly.
Thanks m8.

You can also buy USDT directly on p2p exchange but not sure about the price because it really depends on the country.Or as he said just buy BTC then convert into USDT using Binance or other exchange.

But don't forget that recently USDT is keep printing more money out of thin air so there is chance of it will get bursts.









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August 04, 2020, 02:22:44 PM
 #7

is it not better you buy directly from binance if they support your country instead of taking the risk of buying from a third party platform that you can not fully trust! to me, binance is safest exchange to buy from and this days they are supporting many countries and enabling direct payment from your local bank except your country is not supported at the moment, then probably try out all the suggestion above but always try to be careful.
AthenaBanana
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August 04, 2020, 06:00:58 PM
 #8

Binance is one of the exchanges that use these features I guess other BIG exchange offers this service too more exchange are giving their customers more easy access in funds
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