Union National Bank is the UAE's leading domestic bank, founded in 1982 and through a massive merger with Abu Dhabi Commercial Bank in 2019. Now the bank does not provide services in the field of investing in cryptocurrency, and therefore the bank's users do not have the opportunity to enter the Union National Bank online platform and exchange currency for Tether. A worthy alternative for users is to buy USDT through official cryptocurrency exchanges, such as our Itez service.
Union National Bank in the UAE does not have a policy that prohibits clients from investing in digital assets. This means that a user can buy USDT using any bank card: Visa, MasterCard or American Express. Union National Bank does not restrict buyers in a particular currency: any user can buy Tether for AED, USD, EUR or other currencies with which the bank interacts, which significantly expands the sphere of influence of the bank. You can get acquainted with the mechanisms of buying USDT and go through the stages, based on a simple step-by-step instruction, here.
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.
Itez is an instant Tether purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?
First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The time of receipt of Tether to the client's account is a matter of minutes. Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the USDT value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final USDT value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.
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.