How to buy Tether in Tanzania
Over the past ten years, the position of cryptocurrency in the global financial market has improved significantly. Despite this, there are still countries that have not accepted or started using digital currencies as payment for goods and services, explaining this by the inability to control transactions and the lack of the regulatory factors.
One of the most sought-after digital assets is the Tether stablecoin, a monetary unit with no price volatility that most other currencies are subject to. The opportunity to stabilize the income received from working with the digital assets has attracted particular attention from many states. In this regard, the authorities of Tanzania called on the country's central bank to research and popularize not only the cryptocurrencies themselves, but also the stablecoins created on their basis.
Interaction with cryptocurrency leads to the exchange services. These are the online platforms that allow users to quickly and conveniently purchase cryptocurrencies using a bank card from anywhere in the world. Itez is a licensed service that helps to buy Tether in a few easy steps. To do this, it is enough to follow the detailed instructions presented on the site.
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.
The most popular bank in the country is the Bank of Tanzania. The bank is the issuer of the Tanzanian shillings and is the first financial institution to start supporting a cryptocurrency policy in the country. The list of large banks in Tanzania also includes Standard Bank Group, Standard Bank of Africa, ABSA Group and FirstRandGroup, which are leaders in the banking sector in the country.
Tanzania is one of the first countries in East Africa where the mobile operators have almost completely ousted banks from the payments market. In addition to the international payment systems Visa and MasterCard, the user can use the services of a mobile operator: M-Pesa, Tigo Pesa, Airtel Money and others.
To store purchased digital currencies, the clients use special electronic wallets. Since Tether is a stablecoin based on Bitcoin, the choice of electronic wallets is wide and varied. Click the link below to see the most requested ones: https://cryptowallet.com/best-tether-usdt-wallets/
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