Emirates NBD is considered one of the country's largest banks specializing in the development of information technology. The bank actively cooperates with cryptocurrencies in accordance with local laws: since the UAE considers cryptocurrencies to be a high-risk product, the bank offers users to purchase Tether on licensed platforms, which include the Itez international service.
On the territory of the UAE, Visa, MasterCard and American Express cards are accepted for payment. The universality of the Arab system can also be attributed to the attitude towards the currencies of other states: you can buy USDT with an Arab bank card for AED, but also for USD, EUR and other major currencies. Emirates NBD is loyal to cooperation with digital assets, which makes buying Tether on the platform a simple and convenient tool for investing, and detailed instructions will allow users to do it correctly.
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.
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.
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.