Cryptocurrency is gaining popularity in Romania, where residents are buying Bitcoin, Ethereum, and the recently emerged Tether (USDT). Tether differs from its predecessors in that it is stable, with its value being directly tied to the US dollar exchange rate (as reflected in the altcoin's name). Over the past year, Tether has proven to be an excellent investment option with high capitalization.
The Romanian government officially recognizes cryptocurrency and considers it a means of investment with the potential for profit, which is subject to income tax. Additionally, there has even been a successful attempt to create Romania's own cryptocurrency – the Romanian baron Daniel Choăbe has implemented a unique token, Gypsycoin, which aims to unite the Roma people, fight discrimination and xenophobia against them, and raise Romania's status in the world.
Buying Tether in Romania is completely legal and convenient through the Itez service, where transactions take only a few minutes to complete. Payment can be made using standard bank cards for Romanian lei, dollars or euros, saving both time and money. Detailed instructions on how to buy Tether in Romania are available 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.
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.
Romania's banking system conforms to European Union standards and is a significant institution regulating financial transactions and ensuring the country's economic stability. However, a significant portion of the banking sector is owned by foreign countries, accounting for about 85% of assets (primarily banks such as Erste, Raiffeisen, Volksbank from Austria, Alpha and Piraeus from Greece, and Societe Generale from France). Among them are also branches of Russian banks, such as UniCreditBank and Alfa-Bank. Of course, local organizations also operate in the country, such as the state-owned CEC Bank and commercial BCR and Banca Transilvania.
We accept debit and credit bank cards supported by global payment systems, such as Visa, Mastercard, Maestro, American Express, as well as virtual payment systems like Google Pay, Apple Pay, and Samsung Pay.
After deciding to buy cryptocurrency, it is necessary to create a crypto wallet. There are many such services, each with its own advantages and disadvantages, but they all have one thing in common: they provide a secure location to store your cryptocurrency.