Sweden is known around the world as a state that actively cooperates with cryptocurrencies, and is also working on creating its own digital currency. According to the authorities, such a progressive attitude allows the country to take a leading position in the banking sector and have the trust of users around the world.
In order to protect themselves from financial losses, the clients of Swedish banks often begin their acquaintance with digital currencies with Tether, since it is considered a stable monetary unit, with no price volatility, which most other cryptocurrencies are subject to. The popularity of Tether is also due to the ease of conducting monetary transactions. Each user can make a transfer from anywhere in the world. However, according to statistics, most payments go through the system of the Swedish banking sector.
To work with a stablecoin, you need a reliable exchange service that enjoys the trust of customers. Itez is an official exchange platform known for its high customer experience and transaction processing speed, making it a simple task for every user to purchase cryptocurrencies. Below is a step-by-step guide on how to buy a stablecoin on Itez at the most favorable rate.
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.
Banks in Sweden are starting to work with cryptocurrencies, providing Tether with a favorable environment for strengthening and developing. Loyal banks include Danske Bank, Swedbank, Nordea, Handelsbanken, SEB, Lansforsakringar Bank and many other financial institutions available in Sweden.
Swedish banks traditionally provide their users with Visa and MasterCard payment systems cards, which promptly process incoming and outgoing transactions. To purchase cryptocurrency, customers of Swedish banks can also use the local system called Swish, which is in demand throughout the country.
Tether transactions can be seen in a special registry, however, to store any cryptocurrency, a client still needs a special electronic wallet that provides secure storage of digital finance. You can find out about the advantages and disadvantages of each of them at the link below: https://www.stilt.com/blog/2021/08/7-best-sdt-wallets/