With a wide range of cryptocurrencies and exchange services, the UK financial regulator has begun monitoring suspicious Tether transactions in real time. The reason for the increased attention was the imperfection in the control mechanisms, while in the FCA, stablecoin falls under the jurisdiction of the regulatory authority and falls under the classification of electronic money.
Cooperation with Tether protects users from losing money, regardless of the situation on the global market. When working with a stablecoin, UK banks put the client’s security first, which is additionally provided by Itez, an online currency exchange service: to buy Tether, you need to follow a few simple steps according to the 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.
UK banks are among the oldest financial institutions in the world. The banks that ensure the competitiveness and stability of the state's economic system include the following: HSBC, Royal Bank of Scotland, Lloyds TSB, Halifax and Barclays Bank.
In the United Kingdom, MasterCard, American Express and Visa cards are used. The system of payments focused on transactions within the state and beyond its borders is also gaining popularity in the country.
In order to prevent attackers from being able to privatize the cryptocurrency of honest users, the electronic wallets were created to store Tether. Here is the list of the most famous wallets: https://cryptowallet.com/best-tether-usdt-wallets/