USDT is one of the most important currencies in the cryptocurrency market. This is because it plays the role of an intermediary between the investor and the crypto.
The investor obtains USDT currency for trading and investing in crypto through a stable currency whose price is linked to the price of the dollar.
That’s why today we’re going to talk about how to buy USDT with a credit card. Let us find out how it can be purchased with a credit card.
How to buy USDT with a credit card
To buy USDT with a credit card we will have to deal with decentralized platforms.
The rule in crypto is that you will have to deal with central platforms to purchase with cash or via a credit card.
This means having to create an account on a central platform and purchase through it. But here you will also have to go through KYC procedures safely as well. So don’t forget this.
There are many central platforms through which the currency can be purchased, including Binance, OKX, and others.
But today in particular we will talk about how to buy on the famous OKX platform. This is due to the ease of using the platform.
Also, the platform has a contract with a third-party platform known as Moonpay.
This platform is the broker through which USDT can be purchased on the OKX platform.
After this, these currencies are transferred to your electronic wallet address on the OKX platform, so let us know the steps.
Create an account on the OKX platform
The first step is to create an account on the OKX platform. This is because we said before that buying USDT with a credit card is done only through a central platform.
Therefore, once you create the account and password and confirm the phone number and email, go through the KYC procedures on the platform.
This is done by verifying your identity, and after you pass it successfully, you will be able to link your credit card to the platform easily.
The platform has different ways to buy USDT, and it is also possible to purchase through the free market (P2P).
Don’t forget to also make sure that buying USDT is legal in your country. Some countries criminalize dealing with crypto.
Steps to buy USDT with a credit card
The first step is to log into the application after completing the KYC procedures.
After this, click BUY. Once you click on it, you will be taken to the purchase page.
Do not forget to choose the card currency. If the card is in dollars, then choose dollars, and if it is in dirhams, then choose dirhams.
This is necessary as the broker that will be used to complete the purchase will change.
Buy USDT with UAE Dirham (AED)
If you purchased USDT with a credit card using the UAE Dirham you will need to deal with Simplex.
It is a company similar to Moonpay and an intermediary that the OKX platform deals with.
Click Next and you will be taken to the Simplex page to create an account on it.
After this, you will have to go through KYC procedures there and you will need the passport for this.
This process is usually completed within a minute or less, so do not worry and it is only the first time.
Also, after this, you will log into your account and make the purchase directly.
Of course, do not forget to enter your data. This is how to buy currency with UAE Dirham.
Buy USDT with US dollars
If you want to use a dollar card, do not forget in the options box to choose the dollar instead of the dirham.
After this, you will be able to buy USDT either via Moonpay or Simplex.
We always prefer to deal with Moonpay because it is a reliable and well-known platform as well. Fees here range around 4% or more, a small percentage.
On the Moonpay platform, you will also have to create an account and then go through the KYC steps for the first time only. After this, you will be able to purchase easily in the future.
Don’t forget to choose a TRON (TRC-20) wallet on OKX as trading through this wallet has much lower gas fees than Ethereum (ERC-20).
After this, you will receive the cryptocurrencies in your wallet within a few minutes, and if you open the Spot wallet, you will find the currencies in it.
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