Summary: Presently, the process of purchasing Tether (USDT) in Germany does not involve traditional banking institutions directly, but requires the use of cryptocurrency exchanges compliant with the Federal Financial Supervisory Authority (BaFin) regulations. Prospective investors in Germany who wish to buy USDT must register with a BaFin-approved platform.
Among multiple options, we recommend Bitpanda as a BaFin-regulated platform in Germany that offers over 3,000 assets, including stablecoins like USDT and USDC. Bitpanda’s low fees and tight spreads make it a preferred choice for many investors. Furthermore, the exchange provides the option of staking various cryptocurrencies, enabling users to earn interest on their digital assets.
- Fast and free Euro (EUR) deposits to buy Tether (USDT) in Germany.
- Trade 3,000+ crypto assets, stablecoins stocks, ETFs and more in one platform.
- Offers crypto staking with up to 25% APY in rewards.
Can I Buy Tether USDT in Germany?
Yes, German banks enable customers to transfer Euros (EUR) from their accounts to cryptocurrency exchanges that comply with the regulations of the Federal Financial Supervisory Authority (BaFin). Nonetheless, these banks do not directly offer services for purchasing or selling stablecoins such as USDT through their digital banking platforms. As a result, those interested in acquiring USDT need to use a German exchange, regulated by BaFin, to carry out their digital asset transactions, linking it with their German bank account.
How to Buy USDT in Germany
The simplest approach to buying Tether and other digital currencies using a German bank account is through a regulated exchange operating within the European Union. After examining various platforms, we recommend Bitpanda because it complies with BaFin regulations and its fast Euro (EUR) deposit options, including SEPA bank transfer, credit card, Sofort, debit card and more.
Here are the simple steps to get started:
- Register an account with Bitpanda and complete the identity verification process.
- Click on the 'Deposit' button to move Euros (EUR) from your German bank account.
- Choose your preferred deposit method (for instance, SEPA) and enter the amount you wish to transfer.
- Once your Bitpanda account is funded, search for USDT in the crypto list, select it, and execute your purchase.

Tether (USDT) Fees and Charges
The fees for purchasing Tether (USDT) will vary depending on your platform. For instance, Bitpanda offers a highly competitive pricing structure that enables free Euro (EUR) deposits via bank transfer and fees as low as 0.1% to buy and sell USDT.
Comparatively, other exchanges such as Coinbase or Kraken may impose transaction fees up to 1.49%, making Bitpanda a more cost-effective choice for German investors in many instances.
Is USDT Legal in Germany?
Yes, Tether (USDT) is legal in Germany. Digital assets, including stablecoins like Tether, are generally considered legal in Germany and are treated as "private money" or "digital money" by the German regulatory authorities. However, any exchange or platform offering trading services for cryptocurrencies must be registered and regulated by the Federal Financial Supervisory Authority (BaFin).
Therefore, it's always important to use a licensed and regulated platform when buying or trading cryptocurrencies in Germany. Remember to consult with a financial advisor or legal expert if you're unsure about the current regulations.
Final Thoughts
In conclusion, purchasing Tether (USDT) in Germany is entirely legal and fairly straightforward, providing one adheres to the established regulations. German residents can conveniently transfer funds from their bank accounts to a BaFin-regulated exchange, such as Bitpanda, to acquire USDT.
It's noteworthy that Bitpanda offers low transaction fees and multiple deposit options, making it an attractive option for many investors. However, prospective investors must always ensure the selected platform complies with all BaFin guidelines and seek professional advice in case of uncertainties about current cryptocurrency regulations.