Summary: For those considering acquiring Tether (USDT), it's essential to note that Revolut does not directly offer USDT through its platform. Instead, users can efficiently transfer their funds from Revolut to dedicated digital asset exchanges that support Tether. Following our detailed review, Bybit stands out as the best option for this purpose. This platform not only enables quick and free deposits but also boasts a vast collection of over 1000 digital assets, including prominent stablecoins like USDT, USDC, DAI and BUSD. Besides trading, it supports staking, lending and borrowing services for Tether.
- Free multi-currency deposits from Revolut to buy Tether (USDT).
- Trade and stake over 1000 cryptocurrencies with lowest fees starting at 0.1% per trade.
- Feature-rich platform with Staking, Derivatives Trading, Copy Trading and more.
Can I Buy USDT with Revolut?
No, Revolut does not directly offer Tether trading services through its interface. However, Revolut allows users to transfer funds to regulated cryptocurrency exchanges that support various fiat currencies. After transferring funds to your selected platform, you can seamlessly swap them for USDT or another preferred stablecoin. By utilizing Revolut's reliable services and transferring to a compliant exchange, you get a safe and efficient gateway to the crypto world.
How to Buy Tether with Revolut
For those seeking to acquire Tether or various stablecoins, leveraging the Bybit platform can be a strategic move. Bybit is renowned for its global accessibility, catering to users in more than 160 countries, and boasts a diverse portfolio of over 1000 digital assets, including prominent stablecoins such as USDT, USDC, DAI, FRAX, and BUSD. Combining the use of Revolut for transferring funds with Bybit's extensive offerings presents a safe and economically viable route.
Here's a straightforward guide to help you navigate through the process:
- Set up Your Account: Quickly register on Bybit, known for its wide asset range and easy-to-use interface.
- Transfer Via Revolut: Use your Revolut account to smoothly transfer funds straight to your account.
- Select Your Currency: Visit the 'Fiat Deposit' section to choose the currency transferred from Revolut for deposit.
- Purchase USDT or Other Stablecoins: With a funded Bybit account, explore and acquire USDT or another preferred stablecoin from an extensive array of digital assets.
Is Tether (USDT) Legal?
Yes, Tether (USDT) maintains a legal status in a majority of regions that permit the trading and holding of cryptocurrencies. Nonetheless, it is vital to be aware that the regulations surrounding digital assets such as USDT might differ significantly across various nations. Certain territories might have explicit rules or limitations on the utilization of cryptocurrencies. Hence, before engaging in transactions or investments involving USDT through platforms like Revolut, it's recommended to scrutinize local laws and possibly obtain guidance from a financial expert.
Buying USDT Fees
In terms of fees, choosing Bybit is a budget-friendly decision for crypto aficionados. The platform stands out by facilitating free deposits from Revolut, allowing you to move your funds to your account without any additional costs. Moreover, it offers highly competitive swap fees starting from a mere 0.1% per transaction. This affordable fee setup makes Bybit a desirable platform for individuals aiming to venture into a plethora of digital assets through Revolut, including stablecoins such as Tether (USDT), without straining their finances.
Final Thoughts
In wrapping up, it's important to underline that although Revolut doesn't support the direct purchase of Tether (USDT), it acts as a secure gateway to accredited crypto exchanges where USDT can be acquired, with Bybit standing out as a prime choice. Renowned for its hassle-free and economical fund transfers from Revolut, Bybit also offers a rich selection of over 770 digital assets, inclusive of major stablecoins. Before you embark on acquiring USDT, ensure to acquaint yourself with your local crypto regulations to foster a secure and informed investment journey.
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.
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