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Buy Tether (USDT) with Bank Account

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How to Buy Tether with Bank Account

Buy Tether with bank account: simple and cheap

Looking for a cheaper way to get Tether? Buy Tether with bank transfer! All it takes is four easy steps:

  • Choose how much Tether you would like to buy
  • Enter your Tether wallet — this is where you'll receive your crypto
  • Make a bank transfer — don't worry, we provide all the details you need
  • Receive your Tether!

Find a more detailed guide below or keep scrolling right for more information on how to buy Tether with bank account.

What is Tether

If this is the first time you buy Tether with bank account, you may be wondering what it is.

Unlike other big name cryptos, Tether (or USDT) is a stablecoin; its value is pegged to the US dollar. Many investors appreciate this stability: it is the third most popular cryptocurrency by market capitalization.

It is also an increasingly popular means of payment. This means that, after you buy USDT with bank transfer, you can easily exchange it for other assets.

Why buy USDT with bank account

Bank transfers are notably cheaper than other options. When you buy Tether with bank account, you get more crypto for the same amount of money! 

If your bank supports instant bank transfers, you can purchase Tether with bank account just as fast as with a credit card!

Other bank transfers usually arrive the next working day. Still, Tether is a stablecoin, so your transaction isn't as time sensitive — you don't have to worry about locking in the best price.

Instant bank transfers

Customers in the EU, UK, and US can buy USDT with bank account instantly!

Instant transfers use different names: Instant SEPA in the EU, Faster Payments in the UK, and Fedwire in the US. In all cases, they work the same: you send a regular bank transfer, yet your money arrives almost immediately! 

When buying Tether with Fedwire, the processing time may be up to an hour.

Please note: this only works if your bank supports instant transfers.

ERC20 and TRC20

Some cryptos can use several different networks; Tether is one of them. ECR20 is the Ethereum network, and TRC20 is the Tron network.

Keep in mind: in both cases you buy Tether, not Ethereum or Tron. The price of Tether will not change depending on your network and is not connected to the price of ETH or TRON. It is the exact same cryptocurrency on both networks, so you can pick the network that suits you best — for example, USDT on TRC20 network has lower commissions.