Due to the unstable behavior of the financial market, especially noticeable the last time, an increasing number of users seek to transfer savings into stable assets, such as Tether - a stablecoin that is equal to a real monetary unit and provides security from anywhere in the world. As one of the most progressive and economically developed countries, the United Arab Emirates maintains a favorable environment for the storage and regulation of cryptocurrencies, using the services of large government organizations for tracking.
Due to the growing influence of Tether, cooperation with digital assets provides confidence in the future and protects against financial loss, regardless of the situation in the global market. When working with cryptocurrency, the UAE banks put the client’s security on the first place, which is additionally provided by Itez, an online currency exchange service. The mechanism is similar to interaction with the usual ATM: to buy Tether using our service , a client needs to go through a few simple steps according to the instructions provided 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 famous banks in the field of working with cryptocurrencies in the UAE are First Abu Dhabi Bank, Emirates NBD and Mashreq, while Dubai Islamic Bank and Abu Dhabi Islamic Bank are among the representatives of popular Islamic banking. Banks work in the areas of retail banking and information technology, support the development of Tether in the country and provide quality services.
The UAE consistently maintains neutrality with respect to Russia and does not limit payments with Visa, MasterCard and American Express cards, the recent introduction of the Mir card in the country has not been canceled either. However, the experts advise Russian users to pay attention to the major payment system UnionPay: this way payments will be processed faster and without commissions.
To work with Tether, the user needs an electronic wallet that allows to create transactions and receive transfers to an address. Any user can find a list of the current electronic wallets on the website https://cryptowallet.com/best-tether-usdt-wallets/, the use of which helps to store digital assets.