Buy USDT 

Buy USDT with card or bank transfer. Start with as little as $1.

Get up to 0.5% cashback
Earn 16% interest on your USDT
Excellent market prices
SEPA and FPS transfers

USDT USDT

$0.99932

Market Stats

Market Rank
3
Markey Cap
$119.56B
24H Volume
$59.05B
24H High
$1.00
All-Time High
$1.32
Circulating Supply
119,766,074,111

USDT (USDT) Price Performance

The current USDT price is $0.99932 as in the last 24 hours its value has risen by 0.00%. USDT is a stablecoin designed to be pegged to the US dollar. USDT ranks number 3 in terms of market capitalization, representing 5.00% 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.

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.

Why Nexo Is the Right Place to Buy USDT

Buy Seamlessly

Buy USDT with card or bank transfer and get up to 0.5% crypto cashback.

Start with Just $1

Start with as little as $1 and go up to $15,000 in just one purchase.

Get Excellent Prices

Get the most cost-efficient price across the top 10 crypto exchanges worldwide.

Stay Ahead

Benefit from a top-tier insurance by Nexo’s trusted custody partners.

  1. 1

    Select Asset

    Click on the “Buy” button on your Dashboard and select the desired asset.

  2. 2

    Enter Amount

    Select the amount you want to buy and choose your payment method.

  3. 3

    Complete the Purchase

    Preview your transaction details, and confirm the purchase.

Buy USDT

How to Buy USDT

Once you open your Nexo account and verify your identity, then you have to:

What Can You Do with Your USDT?

Earn Interest

Start earning daily compounding interest on your USDT immediately with our Earn on Crypto suite.

Exchange Seamlessly

Swap assets for USDT with fixed-price execution on Nexo’s Crypto Exchange.

Borrow Digital Assets

Borrow funds from 2.9% APR without selling your USDT with Nexo’s Crypto Credit Lines.

Spend Without Selling

Spend the value of your USDT without selling it, all while getting up to 2% crypto cashback.

Boost Your Profits

Leverage against your USDT to acquire up to 3x more of your desired crypto with the Nexo Booster.

Send USDT

Make free USDT transfers to all your friends, family, or colleagues as long as they have a Nexo account.

FAQs

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

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