Buy Tether (USDT) with PromptPay

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How to Buy Tether with PromptPay

Steps to Buy USDT with PromptPay

Here's a brief three-step guide to buying USDT with PromptPay on Paybis:
  • Set Up and Verify Your Account: Create an account on Paybis. Complete the necessary verification process, which typically involves providing identification documents.
  • Select USDT and PromptPay for Payment: Once your account is set up and verified, choose USDT (Tether) as the cryptocurrency you wish to purchase. Then, select PromptPay as your payment method.
  • Execute the Transaction and Receive USDT: Enter the amount of USDT you want to buy and confirm the transaction details. Complete the payment using PromptPay. Once the transaction is processed, the USDT will be credited to your Paybis Wallet or to an external wallet if you provided one.

Should You Buy Tether in Thailand?

Deciding whether to buy USDT (Tether) in Thailand, as with any investment or financial decision, depends on several factors tailored to your personal financial situation, investment goals, and understanding of the cryptocurrency market.

However, if you are looking to purchase stablecoins in Thailand, then USDT is a great option to consider because it is the largest stablecoin by market cap and also among the top 10 cryptocurrencies by market cap.

Paybis supports PromptPay for Thailand users — this is all the more reason to choose Paybis as Thai citizens can now access USDT without hassle.

Advantages of Buying USDT on Paybis with PromptPay in Thailand

Convenience and Ease of Use: PromptPay is a widely used payment system in Thailand, known for its user-friendliness. Using PromptPay on Paybis simplifies the process of purchasing USDT, especially for users already familiar with this payment method.

Security: Paybis offers a secure platform for cryptocurrency transactions, and when combined with the security measures of PromptPay, it provides a safer environment for buying USDT.

Regulatory Compliance: Paybis operates in compliance with international and local regulatory standards, offering a level of trust and legitimacy in your transactions.

What Can You Do With USDT?

USDT is widely used on cryptocurrency exchanges as a stable asset for trading against other cryptocurrencies. Its stable value makes it a preferred choice for investors looking to avoid the volatility typically associated with cryptocurrencies like Bitcoin or Ethereum.

In the volatile crypto market, USDT can act as a haven to park assets during periods of high volatility. Since its value is pegged to a stable asset (like the USD), it provides a degree of protection against the fluctuations of other cryptocurrencies.

Some crypto savings accounts and decentralized finance (DeFi) platforms allow users to deposit USDT to earn interest, often at higher rates than traditional savings accounts.