Tether (USDT) is a stablecoin that is produced by Tether Limited. Since Tether Dollars (USDT) is the most popular token of the issuer, it is understood to be Tether by default. The main difference of this stablecoin from other cryptocurrencies is that it has no transaction blocks and is backed by fiat currency reserves (U.S. dollars). Interestingly, in 2014, the management of Tether Limited claimed that all USDT tokens were pegged to the dollar. But in 2019, it was revealed that Stablecoin is backed by only 74% fiat reserves. USDT is popular with crypto investors because of its low volatility, so it can be used as a protective crypto asset.
Despite the fact that the Central Bank of Albania is still skeptical about cryptocurrencies, the country's government has launched a project to improve digital literacy among the population. For example, schools have lessons in the basics of cryptocurrency use and blockchain technology. One of the latest initiatives of the Albanian government is to introduce a 15% tax for individuals on income from investments in cryptocurrencies from 2023.
Itez service will help you to buy Tether in Albania. And our simple step-by-step instructions will help you to do everything quickly and easily.
In order to buy Tether, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of USDT based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €30. Well, in our instructions, as promised, we will go through all the stages of purchase USDT for dollars step by step.
After converting the currency to USDT, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.
Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
Specify the purchase amount in the Itez dialog box. Copy the recipient address - your USDT wallet - from the “Accept” section.
Important: you should not manually copy the USDT wallet address. The blockchain system does not give any information about USDT addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.
For example, this is how the copy address button looks like in the Exodus wallet:
After copying the USDT wallet address, paste it into the dialog box.
Check your data — it is important to make sure that the address is entered correctly.
After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.
Push the “Pay” button and enter the one-time bank code in the following window.
After making a payment on the Itez website, you will immediately be able to see the Tether in your wallet.
The transaction will first wait for confirmations from the blockchain network.
As a rule, this happens quite quickly and in most cases takes no more than a few minutes.
Until 1992 the Albanian banking system was fully centralized. Now it has been transformed into a two-level system that conforms to international standards. The first level is represented by the National Bank of Albania, the second - by commercial banks. According to the laws of the country banks with foreign participation and private banks can operate in Albania. The license for commercial banks can be received only by the National Bank of Albania. The largest banks of the country are: Alpha Bank Albania, Raiffeisen Bank, United Bank of Albania S.A., National Commercial Bank S.A., Tirana Bank S.A., American Bank of Investment S.A.
Buying Tether in Albania with the Itez service is very convenient. You can use a bank card Visa, Mastercard, Maestro or American Express and any currency (dollars, euros and others) to pay. Virtual payment systems Google Pay, Apple Pay, and Samsung Pay also work with the Itez service.
Since Tether doesn’t have its own blockchain, transfer and store stablecoin to any wallets that support USDT. The best wallets to store the token are: CryptoWallet.com, Tether Wallet, MyEtherWallet, OmniWallet, Coinomi, Binance Wallet, Ledger Nano X.