Buy USDT securely with card or instant bank transfer. Start with as little as $1.
The current USDT price is $0.99981 as in the last 24 hours its value has fallen by 0.23%. USDT is a stablecoin designed to be pegged to the US dollar. USDT ranks number 3 in terms of market capitalization, representing 4.52% of the entire crypto market. USDT is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems. Stablecoins can be found in the most popular cryptocurrency pairs, making them the widely adopted medium of exchange in the world of digital assets.
Tether (USDT) was launched in 2014 as a stablecoin aimed at providing a stable digital asset that mitigates the volatility typically associated with cryptocurrencies. While most cryptocurrencies, such as Bitcoin and Ethereum, experience significant price fluctuations, Tether has been designed to maintain a constant value, closely following the value of the US dollar (USD). That is why 1 USDT is worth $1. To ensure that, the company behind Tether, Tether Ltd., holds dollar reserves equal to the total supply of USDT in circulation. This backing by actual fiat currency allows Tether to maintain its peg to the USD, providing users with a stable digital asset that can be used for various purposes in the cryptocurrency ecosystem.
Tether’s main function as a stablecoin is to provide a reliable store of value, especially during times when the cryptocurrency market experiences significant fluctuations. This stability offers an option for those looking to minimize their exposure to unpredictable price movements while still participating in the digital asset ecosystem.
Tether’s ability to enable efficient global transactions is another important function it possesses. By providing a US dollar-equivalent digital asset that can be easily transferred across borders, USDT facilitates seamless and cost-effective cross-border transactions, demonstrating the transformative potential of stablecoins and blockchain technology in the financial sector.
As a stablecoin, USDT allows for seamless and efficient trading of diverse cryptocurrencies, offering a stable reference point against which they can be valued. USDT’s extensive use as a trading pair on numerous cryptocurrency exchanges has led to its increased adoption in the digital asset market. Its popularity has driven trading volume, resulting in USDT becoming one of the most widely used stablecoins, which in turn ensures high liquidity in the market.
Buy BTC with card or instant bank transfer and get up to 0.5% in crypto rewards back..
Start with as little as $1 and go up to $15,000 in just one purchase.
Get the most cost-efficient price across the top 10 crypto exchanges worldwide.
Benefit from a top-tier insurance secured by BitMerchants trusted custodians.
Once you open your BitMerchants account and verify your identity, then you have to:
Click on the “Buy” button on your Dashboard and select the desired asset.
Select the amount you want to buy and choose your payment method.
Preview your transaction details, and confirm the purchase. It's that easy!
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Find answers to all your questions about buying Bitcoin on bitMerchants.
First, you have to verify your identity which only takes a couple of minutes. Once you pass verification, then:
From the Dashboard, tap on the “Add Funds” option and select the “Credit/Debit Card”.
Pick USDT and enter how much you would like to spend.
Enter your credit or debit card details.
Confirm your purchase and you’re done! Your funds will instantly appear in your BitMerchants account.
By making a successful purchase of crypto, your card details are automatically saved so you can select that card for future transactions. There is no limit as to how many cards you add to your account.
You can also choose to complete a purchase with Apple Pay or Google Pay.
You can top up USD, EUR, or GBP from your local bank via a secure bank transfer. EUR and GBP transfers are instant, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the BitMerchants app and swap them for the amount of USDT you want.
To earn instant crypto rewards, make sure the ratio of BitMerchants Tokens in your account against the rest of your portfolio is at least 1%. The rewards you get depend on your Loyalty tier – the higher your Loyalty tier is, the more rewards you’ll get.
If you want to get the maximum reward rate of 0.5%, join the Platinum Loyalty tier by maintaining the ratio between BitMerchants Tokens against the rest of your portfolio at 10% or more.
Example
Let’s say you stay within BitMerchants Platinum Loyalty tier and you buy $5,000 worth of USDT via the BitMerchants Exchange. That means you’ll get $25 worth of USDT in instant cashback:
$5,000*0.5% = $25 in USDT
To find out the exact cashback rates for each tier, visit our Help Center.
Note: The total crypto rewards paid are limited up to $100,000 in exchange volume per month. That means you’ll get rewarded until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.
You start earning interest automatically the next day after you add USDT to your BitMerchants app. If you want to increase the amount of interest you earn by up to 2% you can opt to receive your interest in BitMerchants
Buy, earn, swap and borrow against your USDT instantly and securely on BitMerchants.
All or part of the BitMerchants Services, some features thereof, or some Digital Assets, are not available in certain jurisdictions, including where restrictions or limitations may apply, as indicated on the BitMerchants Platform and in the relevant general terms and conditions.
Copyright 2024 BitMerchants. All rights reserved.
All or part of the BitMerchants Services, some features thereof, or some Digital Assets, are not available in certain jurisdictions, including where restrictions or limitations may apply, as indicated on the BitMerchants Platform and in the relevant general terms and conditions.
Copyright 2024 BitMerchants. All rights reserved.
