How to buy Tether in Indonesia
Tether (USDT) is the third cryptocurrency in the world in the number of transactions, popularity and annual capitalization after Bitcoin and Ethereum. Unlike its predecessors Tether is a stablecoin: that means that its exchange rate remains stable. In such turbulent times as now when both fiat and digital currencies are constantly changing their values, Tether seems to be the best option for investing funds as it combines all the positive aspects of existing ways of preserving capital.
There are two sides to the interaction of Indonesia’s government with crypto. The one is negative: since winter 2022 the country's financial regulator OJK banned all the financial organisations from using, selling and facilitating cryptocurrency trading. However, it is still popular in the country to trade in cryptocurrency assets. Now trading cryptocurrencies in Indonesia is allowed on commodity exchanges. Also it is noticeable that the Indonesian government has created a separate state-owned digital asset exchange called Digital Futures Exchange.
Itez service will help you to buy Tether (USDT) in Indonesia. You can do it with your bank card and for Indonesian rupiah. Everything will pass as simply and quickly as possible. The instructions are below.
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.
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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.
Now the banking system of Indonesia in its modern form is about 20 years old. Since the early 2000s, it has become much more modern and digitised, providing customers with all available banking services at a very high level. Moreover, this spring Forbes included Indonesian banks in the top of the best financial institutions in the world. There were listed the following ones: Bank Central Asia and DBS Bank, as well as Bank Mandiri, BSI, Bank Jago, BCA Syariah, BRE, Bank Panic, Bank DCI.
Itez service gives you an opportunity to buy Tether (USDT) in Indonesia from a debit or credit card. You can pay by real or virtual card, as well as using Google Pay, Apple Pay, Samsung Pay. Payment systems we work with are the most popular in the world: Visa, Mastercard, Maestro, American Express. The currency of payment can be euros, dollars or Indonesian rupiah.
Like other cryptocurrencies, Tether (USDT) is stored using crypto wallets. Before you buy tokens, you need to register in such a service that will suit you in all functional parameters. When registering, it is important to enable two–factor authentication, and this way the security level provided by the wallet will be the highest. You can choose the most convenient service on the official website of Tether: tether.to.
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