How to buy Tether in South Korea
Tether (USDT) is the world's third most popular and capitalised cryptocurrency after Bitcoin and Ethereum. Its difference from its predecessors lies in the fact that it is a stablecoin: its rate is stable and in this case depends on the US dollar, it is reflected in the name of the token. Another feature of Tether is that it does not have its own blockchain: it works on the bitcoin or Ether protocol, which adds to all the advantages of using Tether the pros of these cryptocurrencies. Tether has taken the best from digital and national currencies and at the same time allows its owners to earn by borrowing for short periods.
South Korea is a very developed country, and it is not surprising that it has a positive attitude towards cryptocurrency. South Korea even has a national digital currency – the digital won (CBDC). It was tested until January 2022 – during the coronavirus citizens were getting benefits in it. Now among the laws there is only an income tax on actions with cryptocurrency in the country, but by 2023 the government plans to introduce an extended document – Basic law on digital assets, which will maximise the use of cryptocurrencies.
The Itez service will allow you to buy Tether (USDT) in South Korea from a bank card. You can pay with a South Korean won, euro or dollars. In a matter of minutes, the coins will come to your wallet. You will find detailed instructions 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.
We can say that such a great development of South Korea depends on its banking system, which, on the one hand, is strongly controlled by the government, and on the other hand, works flawlessly. South Korea is a good example of combining a strict hierarchy of financial organisations and clear control over the banking sector with the modern development of this area.
The ratings of the most popular banks in South Korea usually include Shinhan Financial Group (SHG), KB Financial Group, Hana Financial Group, NongHyup, Woori Financial Group, Korea Development Bank (KDB), Industrial Bank of Korea, DGB Financial Group, BNK Financial Group, Kakao Bank.
The Itez service allows you to buy Tether (USDT) from a regular bank debit or credit card. We accept Visa, Mastercard, Maestro, American Express payment cards, also you can use virtual Google Pay, Apple Pay, Samsung Pay.
Crypto wallets are used to store Tether. They can be both desktop and virtual – each such service has its pros and cons. To create a wallet, you need to go through a simple registration and verification procedure, and also be sure to enable two-factor authentication, which provides additional protection when logging into the wallet. You can get acquainted with the full list of crypto wallets for storing Tether and choose the appropriate one here: tether.to.
How to buy Tether in Montenegro
How to buy Tether in Albania
How to buy Tether in Moldova
How to buy bitcoin in South Korea
How to buy Tron in South Korea
How to buy ETH in South Korea