What is Tether (USDT)? - An Overview
Tether (USDT) is one of the most well-known stablecoin among crypto traders, a type of cryptocurrency that helps to keep its valuations constant. Tether is used by most investors to avoid the extreme volatility of other cryptocurrencies while keeping value within the crypto market. Tether is also known as USDT and users where trade under the USDT symbol. If you are a beginner in the cryptocurrency industry in 2021, and you don't have any knowledge about how to buy Tether (USDT). Then, this blog will be very helpful for you to know about how to buy, sell, and trader Tether (USDT) in the crypto exchange.
How do traders buy, sell, and trade Tether (USDT) in India?
Like other major cryptocurrencies, USDT is also available on several exchanges like Koinbazar. Do you want to invest in USDT (INR)? Then Koinbazar would be one of the best crypto exchange platforms where you can exchange USDT to INR easily. Koinbazar supports instant INR and crypto deposit options. which makes it easy for traders to invest in any cryptocurrencies which like the most.
Here's a step-by-step procedure for users to buy USDT with INR from Koinbazar.
Step 1:
Visit the Koinbazar website.
Step 2:
If you are already a registered user, choose 'SIGN IN' at the top right corner of the website to log into your account. if you are a new user, click 'SIGN UP' in the top-right corner to register your account.
Step 3:
After you sign into the account, choose "MY ACCOUNT" at the right top of the list.
Step 4:
Choose KYC verification under MY ACCOUNT.
Step 5:
Update the KYC authentication section requested details and identity certificates and then click 'SAVE'.
Step 6:
Choose 'BANK DETAILS' and update your required information. Click "SUBMIT" then.
Step 7:
Go to ‘Assets’ and select ‘Deposit’.
Step 8:
Transfer your required funds to be deposited in either crypto (or) fiat.
Step 9:
Choose 'Manual Deposit' and update the account information in the required pages, as needed And also instant INR deposit options available. Your transferred amount will be credited to your wallet after a check by the administrator.
Step 10:
Now, go to the home page, select ‘TRADE’.
Step 11:
On the trading page, choose ‘SELECT INR MARKET’ and select USDT/INR pair to buy Tether with INR.
Step 12:
At the bottom left of the page, start trading by setting the order type and order value you would like to buy.
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