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Buy USD Tether NZ (USDT)

$0.00

0.00%

NZD

USDT

We charge a trading fee of 0.6% on all trades along with the spread

Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

0.00%

What is USD Tether?

USD Tether (USDT) is a stablecoin issued by the Hong Kong-based company Tether. Stablecoins are digital assets that are pegged to real-world assets (i.e. fiat currency) and therefore do not fluctuate in value. USDT is pegged to the US dollar at a 1:1 ratio, meaning that the value of USDT is equal to the value of the USD and can always be exchanged for an equal amount of USD. Every USDT coin is fully backed by the Tether reserves, which include both traditional currency and cash equivalents. Tether reserves also occasionally including other assets and receivables from loans made by Tether to third parties.

The value of the Tether reserves is published daily, and Tether claims that the value of the Tether reserves “matches or exceeds the value of all USDT in circulation.” One of the oldest stablecoins in existence, USDT is by far the most widely integrated digital-to-fiat cryptocurrency. Tether (USDT) currently sits in the top 5 biggest cryptocurrencies by market cap. To Buy USD Tether in New Zealand, create your free trading account with Swyftx.

How to buy USDT in New Zealand

To buy USD Tether, create a free trading account with Swyftx. Swyftx is a cryptocurrency exchange allowing users to trade hundreds of different digital assets including Bitcoin, Ethereum and USD Tether. To sign up, you’ll need to provide a few personal details like your name, email address and phone number as well as creating a secure password.

Next, is the ID verification step. This typically takes most people 3 minutes or less to complete. You’ll need to submit a form of government-issued photo identification in order to verify your account. Once verified, you can deposit funds into your account via bank transfer. Once you have successfully deposited funds into your account you can buy USD Tether and other cryptocurrencies listed on the Swyftx crypto exchange.

Uses for USD Tether?

USD Tether was designed as a digital USD equivalent that could be used on the blockchain. It was conceived to give financial businesses and companies an alternative to the traditional exchanging of fiat currency (i.e. NZD). This allows companies to exchange funds faster and avoid the process of converting in and out of different fiat currencies through the banking network. It also bypasses any volatility within the crypto market because it is pegged to the US dollar. You may be able to spend your Tether on goods and services with vendors or retailers who accept it. To buy and sell USD Tether, create your Swyftx trading account and deposit NZD today.

Frequently Asked Questions

How do I sell USDT?

To sell your USD Tether on Swyftx, navigate to the ‘sell’ tab in your account and select USDT. You can set a price limit that you want to take profit at, as well as entering the amount of Tether you wish to sell (either quantity or value in NZD).

Where can I store USDT?

After buying USDT on the Swyftx crypto exchange, it will be immediately and automatically stored in the wallet integrated with your account. A crypto wallet is an app that is necessary for storing, receiving and sending your digital assets. If you’d like to transfer your USDT to an external wallet, you can easily do so by clicking on the withdraw tab. Simply enter the wallet address and the amount you wish to withdraw.

Why use Swyftx to Buy USD Tether?

How to buy
USD Tether (USDT)

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Lowest Fees

All trades on Swyftx have low fees and minimal spreads allowing users to maximise their profits.

Instant Verification

Verify your identity instantly and deposit funds into your account to start trading USDT.

Secure Accounts

Breached password detection and 2FA ensure the security of our user’s accounts.

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Risk free demo mode

Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.

Rated 4.8 out of 5 based on 1960 reviews

Excellent

3952 Reviews

Hiroki Takemoto
Great customer services!
Michel Bloom
Swyftx is a very easy platform to use. It has an excellent range of currency to choose from. Good customer services.
Oanh Le
Amazing platform and easy to use!
Jacqui
Great way for a beginner investor to get started. Still learning the ropes - but Swift has helped
CheekyOzzie
Great service
Sheh Singh
Swyft is a great trading account for Australians. It is easy to use as well for someone my age, especially with my lack of trading online. All my trading previously has always been done through a broker who took large commission...
Caroline-Jenna De Thierry
It’s great, easy to use and everything is right there at your fingertips
Benjamin Wotherspoon
Easy to use clean interface with fast customer support.
callum ginty
One of the best aspects of Swyftx is their support system. It is easy to get a hold of Swyftx and have feedback from a real person.
Nadine Carey
Great treiffic fantastic

OUR TOP FEATURES

Why choose Swyftx?

NZD Deposit and Withdrawals

Deposit and withdraw NZD via bank transfer.

Recurring Orders

Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.

Stop, Limit & Market Orders

Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.

Advanced 2FA & Password Security

Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.

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