How to Buy Tether (USDT) on Bybit

How to Buy Tether (USDT)

Level up your trading experience with Bybit, a one-stop trading platform where you can quickly, easily and safely buy, sell, trade, stake and hold USDT.
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How to Buy USDT on Bybit

Bybit features an intuitive interface that eradicates the confusing USDT buying process. Since security and reliability are paramount at Bybit, we’ve partnered with payment providers who share these same values. With Bybit, you can get your hands on USDT in a few quick ways:

Buy USDT with Credit/Debit Card

Link your debit or credit card, fill in your purchase amount in the order form, verify the payment, and wait for the transaction to be completed. It's that simple!

Trade USDT

Easily select and exchange a wide range of cryptocurrencies and fiat for USDT, on the spot or derivatives market.

Buy USDT via P2P Exchange

Convert your fiat currencies to USDT directly from a seller at an optimal, agreed-upon price securely. Go to Bybit P2P Platform to buy USDT locally.

Guide to Buying USDT via Bybit Express

The Fastest and Easies is always Apple Pay or Google Pay.
Or Else Moonpay can follow the step by step to go thru.

Mobile App

  • Download the Bybit App via App Store or Google Play Store.
  • Register and verify your account, or log in to your Bybit account.
  • Tap on Buy Crypto, then select the Express button.
  • Enter the desired amount to be purchased from your preferred fiat currency to USDT.
  • Proceed with the payment upon selecting your preferred service provider.
  • Complete the KYC process and fill in the order by entering your card information.

Desktop

    • Register and verify your account, or log in to your Bybit account.
    • Tap on Buy Crypto button on the menu, select the Express from the drop-down menu.
    • Enter the desired amount of USDT to be purchased from your preferred fiat currency.
*Note that some of these payment providers may not be available to you, due to geographical constraints.
  • Proceed with payment upon selecting your preferred funding method.
  • Verify your account via the KYC process to complete your purchase.

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What Is Tether (USDT)?

USDT refers to Tether, a blockchain-based cryptocurrency that runs on the Ethereum network. Tether is a stablecoin, which means that its value is backed by a stable asset to minimize the kind of market volatility. Tether’s price is pegged to the U.S. dollar thus, the price is resistant to volatility. USDT, which at the time of this writing has a market cap of greater than $80 billion, is one of the largest cryptocurrencies by market cap in the market.
Initially launched in 2014 as Realcoin, Tether was one of the first stablecoins, and today it’s the most widely used one. Based in Hong Kong, Tether Ltd. depends on proof of reserves, which ensures that the amount of funds held in deposit matches the number of tokens in circulation. When a user deposits fiat currency into a Tether-operated account, USDT issues new tokens via the ERC20 protocol. When those tokens are redeemed for fiat currency, they are burned or destroyed.

What Can I Do with My USDT on Bybit?

Hold USDT

You can store your USDT in your personal Bybit account — and access it anytime on Bybit's mobile app or web page.

Trade USDT

Bybit also offers a wide selection of USDT trading pairs on its spot and derivatives markets. Enjoy up to 100x leverage to maximize your profits.

Stake and Earn USDT

Grow your digital assets with Bybit. Maximize the potential of your asset holdings by earning a guaranteed APY through the high-yield USDT earn products like the flexible savings program. Stake and unstake your USDT anytime, anywhere.