Buy Tether.

Purchase USDT in a few taps. Buy with a credit, debit card or bank transfer.
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Tether (USDT) price performance.

The current Tether price is $1.00 as in the last 24 hours its value has changed by 0.05%. Tether ranks number 3 in terms of market capitalization. Tether is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems.

What is USDT?

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.

Optimize the value of your Tether.

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Exchange

Swap assets for USDT with fixed price execution on Nexo’s crypto exchange.
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Credit Line

Borrow funds from 2.9% interest without selling any of your Tether.
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Nexo Card

Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.
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Send Tether

Make free Tether transfers to your family or friends as long as they have a Nexo account.

Purchase USDT in 3 steps.

After verifying your account:
1. Select an asset
Click on the “Buy” button on your Dashboard and select the desired asset.
2. Enter an amount
Select the amount you want to buy and choose your payment method.
3. Complete the purchase
Preview your transaction details, and confirm the purchase. It's that easy!
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Why choose Nexo to buy Tether?

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Buy seamlessly

Purchase USDT with card or bank transfer and get up to 0.5% in crypto cashback.
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Optimal pricing

Get competitive rates across top 10 exchanges.
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Peace of mind

Benefit from robust infrastructure security.

Find answers to all your questions about buying Tether on Nexo.

How to buy Tether with a card?

First, you have to verify your identity which only takes a couple of minutes. Once you pass verification, then:

  1. From the Dashboard, tap on the “Add Funds” option and select the “Credit/Debit Card”.
  2. Pick Tether and enter how much you would like to spend.
  3. Enter your credit or debit card details.
  4. Confirm your purchase and you’re done! Your funds will appear in your Nexo 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 link to your account.

How to buy Tether with a bank transfer?

You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, 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 Nexo app and swap them for the amount of USDT you want.

How can I earn up to 0.5% in crypto cashback on USDT purchases?

To earn crypto cashback, ensure that at least 1% of your portfolio is in NEXO Tokens. Your cashback amount depends on your Loyalty Tier—the higher your tier, the more cashback you’ll receive.
If you want to get the maximum crypto cashback of 0.5%, join the Premium Loyalty Tier by holding at least 10% of your Portfolio Balance in NEXO.

Example

Let’s say you stay within Nexo’s Premium Loyalty tier and you buy $5,000 worth of USDT via the Nexo Exchange. That means you’ll get $25 worth of USDT in crypto cashback:

$5,000*0.05% = $25 in USDT

To find out the exact crypto cashback rates for each tier, visit our Help Center.

Note: The total crypto cashback paid are limited to up to $100,000 in exchange volume per month. That means you’ll be earning crypto cashback until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.

How does Nexo take care of my USDT?

We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:

  • Strong 256-bit encryption and fraud monitoring mechanisms, ensuring the integrity of your funds.
  • ISO/IEC 27001:2013 accredited information management systems.
  • 24/7 Client Care team providing personalized service that goes beyond the standard.

You can learn more about our fundamentals here.

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