Buy USDT in Germany

Buy USDT in Germany

Adrian Graham
Fact Checked
Jan 12, 2023

Summary: The best way to buy Tether (USDT) in Germany is through a licensed & regulated cryptocurrency exchange. With this method, investors can safely deposit Euros (EUR) from any German Bank or payment method to buy USDT and other stablecoins.

Our top pick for investors in Germany is OKX. Their platform offers instant and cheap Euro (EUR) deposits via SEPA Transfer, Debit Card, Credit Card and other methods to buy USDT with low fees. The exchange is one of the most trusted in the world and is regulated throughout Europe with over 9 million customers across the continent.

Table of Contents

Best Exchange to Buy USDT in Germany

Platform Highlights

  • Instant and cheap Euro (EUR) deposits to buy Tether (USDT) in Germany.
  • Trade & stake over 300 Cryptos with low fees and tight spreads.
  • Feature-rich platform with Staking, an NFT Marketplace, OKX Chain, OTC Support & more.
OKX - Germany USDT
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Audited Proof of Reserves
Audited Proof of Reserves

How to Buy USDT in Germany

The safest and easiest way to buy USDT and other stablecoins is through a European Securities and Markets Authority (ESMA) licensed exchange in Germany. We recommend OKX because they are regulated and offer instant EUR deposits from German Banks to buy, stake and trade USDT & over 300 other crypto assets.

You can get started in 4 simple steps with our guide:

  1. Sign Up: Create an account on OKX and complete your verification.
  2. Find the Buy Page: Select the 'Buy Crypto' tab in the navigation menu.
  3. Deposit Funds: Select EUR and USDT and input the amount you want to deposit.
  4. Buy Crypto: Click 'Buy USDT' and select your payment method. We recommend using 'Banxa' to facilitate a SEPA Bank Transfer to deposit Euros onto OKX.
Buy USDT with Euros (EUR) in Germany.

What are the Fees to Buy USDT?

The fees to buy USDT on OKX are some of the lowest in Europe. For example, when depositing EUR through SEPA Bank Transfer, investors pay 0 fees. When buying USDT with your credit/debit card, the fee is 2.5%, depending on the payment method you select and whether it is your first time buying crypto.

Is USDT Legal in Germany?

Yes, it is legal to buy USDT in Germany as long as you do so through an ESMA licensed exchange. Since these exchanges are regulated by the government, they must comply with strict anti-money laundering regulations and know-your-customer (KYC) checks to ensure that their customers are legitimate.

Is USDT Safe?

The safety of USDT, or Tether, depends on a variety of factors, including the security of the platform on which it is held, the trustworthiness of the organization that issues it, and the overall stability of the crypto market.

Tether is considered to be one of the more established stablecoins, and it is widely used as a means of storing value or as a substitute for fiat currency on cryptocurrency exchanges. The company behind Tether claims that each USDT token is backed by one US dollar held in reserve, which should ensure its stability in value.

However, It's important to keep in mind that the value of USDT is only as stable as the dollar and the company behind it. The issuing company Tether Limited has been the subject of ongoing controversy and regulatory scrutiny, so it's important to consider these factors when determining the safety of USDT for your own use.

Tether Transparency Report.
Tether Transparency Report.

Final Thoughts

Buying USDT on OKX is the best and safest way to do it in Germany. The exchange offers instant Euro deposits, low fees, and a secure platform that complies with international regulation standards. Additionally, OKX supports over 300 crypto assets so you can diversify your portfolio with a variety of digital assets.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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