That’s why we at Cryptonary are here to make sure that you learn the basics of buying Tether on a major platform like Binance. Once you get the basics down, be it PancakeSwap or SPX6900, you can buy any coin available on that platform. With that said, let’s start by going over the entire procedure.

Here’s what you’re going learn through this guide:

• Buy Tether Through Binance
• Buy Tether Through Trust Wallet
• Buy Tether Through Phantom Wallet

With that said, let’s start by going over the entire procedure.

Step-By-Step Guide for Buying Tether

The very step in buying any crypto token is knowing which exchange you will use.

Step 1: Select an Exchange

The main issue beginners face when buying USDT is finding the right exchange. Finding a reliable and trustworthy platform is the key. To buy Tether, you must register on a cryptocurrency exchange that supports USDT trading. Here are some popular exchanges:

• Binance
• Coinbase
• Kraken
• Gemini
• Robinhood 

Ensure the exchange supports USDT in your region and review its fees and features. For this guide on how to buy Tether, we'll be using Binance. 

• Go to the app store and download the Binance app on your phone.

 

 

Step 2: Login to Your Account

Once the app is installed, the next step is to log in to your account. 

• We'll be using our Gmail account to log in quickly.

 

 

Note: To do any exchange or trading, you must have a verified account. To learn how to create and verify your Binance account, check out our guide on how to use Binance.

Step 3: Adding Funds to Your Account

Now that your account is ready, you need to have funds to buy USDT. There are usually several options to fund your account.

 

 

You can choose from the following options if you don't have any crypto assets.

• Buy with GBP: You can add funds using a bank transfer or credit/debit card.
• P2P Trading: You can buy directly from another user on the platform.

However, if you have crypto assets in your account, you can go with the:

• Deposit Crypto: You can exchange other cryptocurrencies for GBP.

Before proceeding, make sure you are aware of deposit fees and transfer times. 

Once you've deposited GBP into your account, you'll have to convert it into BNB. It's a fairly simple process.

However, we’ll be adding BNB directly to your wallet using a credit/debit card. 

• First, you need to open the Binance app and tap on the search bar.

 

 

• Search for “Buy Crypto” and tap on it.

 

 

• Make sure that the crypto you want to buy is set to BNB.

 

 

• Enter the GBP you want to spend, select the "credit/debit card" payment method, and tap on the “Buy BNB” button. 

 

 

Buying Tether (USDT)

We’re going to show you different ways to buy Tether.

Through Binance

We’ll be adding USDT directly to your wallet using a credit/debit card.

• First, you need to open the Binance app and tap on the search bar.

 

 

• Search for “Buy Crypto” and tap on it.

 

 

• Make sure that the crypto you want to buy is set to USDT.

 

 

• Enter the GBP you want to spend, select the payment method of credit/debit card, and tap on the “Buy USDT” button. 

 

 

Through Trust Wallet

Now that you know how to buy Tether through Binance, you should know that you can also buy it from the Trust Wallet. 

• Start by going to your App Store and downloading the Trust Wallet app.

 

 

• Tap on the “Get Started” button.

 

 

• Tap on the “Create a new wallet” option.

 

 

Note: If you already have a wallet, then you’ll choose the “Add existing wallet” option.

• Create a 6-digit password for your wallet.

 

 

• Tap on the “Create” button for the “Secret phrase” option.

 

 

• Tap on the “Back up manually” option to store it as a text on your phone.

 

 

Note: You can also store it on your iCloud if you’re using it on an iPhone.

• Tap on all of the checkboxes and tap on the “Continue” button.

 

 

• Copy the phrases to store them somewhere and tap on the “Continue” button.

 

 

• Now, select a few phrases in the order they were generated and tap on the “Confirm” button.

 

 

Now that your wallet is created, the next step is to add funds in the form of BNB to your account.

• Start by opening your Trust Wallet and taping on the “BNB” option. 

 

 

• Now tap on the “Receive” icon.

 

 

• Copy the address for BNB.

 

 

• After that, go to the Binance app and tap on the “Withdraw” icon.

 

 

• Again, tap on the “Withdraw” option.

 

 

• Choose the BNB option.

 

 

• Tap on the “Send via Crypto Network” option.

 

 

• Paste the previously copied address of the BNB for Trust Wallet.

 

 

• Select the network by which you want to send this BNB.

 

 

• Enter the amount of BNB you want to send and tap on the “Withdraw” button.

 

 

• Tap on the “Confirm” button.

 

 

• Complete the authentication process for both Email and the Authenticator App.

 

 

After the verification process is complete, the BNB will be transferred to your Trust Wallet.

The next and most crucial step in buying USDT is to add the coin to the Trust Wallet. 

You need to manually add the coin to buy it using Trust Wallet.

• Start by heading to the CoinMarketCap app.

 

 

• Look up the “Tether” coin.

 

 

• Go to the bottom of the page and tap on the “Contracts” option.

 

 

• Copy the contract address for the Binance blockchain for Tether.

 

 

• Head back to the Trust Wallet app and tap on the “Manage crypto” icon in the top-right corner.

 

 

• Now, tap on the “+” icon in the top-right corner.

 

 

• Tap on the “Network” option.

 

 

• Choose the “BNB Smart Chain” network.

 

 

• Paste the contract address for the Tether and tap on the “Import” button.

 

 

Now that the coin has been added to your Trust Wallet, the next step is to swap BNB for USDT.

• Start by opening your Trust Wallet app and tap on USDT. 

 

 

• Tap on the “Swap” icon and continue by tapping on the “Swap BNB” option.

 

 

• Now tap on the bottom coin to change it.

 

 

• Enter the amount and tap on the “Continue” button.

 

 

After verifying all of the details, simply tap on the “Swap” button, and the coin will be added to your wallet.

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Through Phantom Wallet

Now, if you want to buy Tether using a decentralised blockchain, you should choose a hot wallet to swap SOL for USDT. To do this, you need to first install and set up a wallet on Phantom Wallet.

• Download the “Phantom Wallet” app to your mobile phone.

 

 

• Once downloaded, open the app and agree to the terms of service. After that, tap on the “Create a new wallet” button.

 

 

Note: If you already have an account, then simply tap on the “I already have a wallet” option.

• Toggle the “Face ID” switch to on and tap the “Next” button.

 

 

• Copy the recovery phrase and tap on the “OK, I saved it somewhere” button.

 

 

• A pop-up will appear on the screen. Tap on “Yes” to continue.

 

 

• Now, your account is ready. Just tap on the “Get Started” button.

 

 

Now that you set up the wallet, you need to add USDT to your Phantom Wallet. Since Tether is a major coin, we can buy it through any blockchain. We’ll be using Solana because it has the lowest exchange rate.

• Go to the Binance app and tap on the “Withdraw” icon.

 

 

• Again, tap on the “Withdraw” option.

 

 

• Choose the SOL option.

 

 

• Tap on the “Send via Crypto Network” option.

 

 

• Now open your Phantom Wallet and tap on the “SOL” option. 

 

 

• Now tap on the “Receive” icon.

 

 

• Copy the address for SOL.

 

 

• Paste the previously copied SOL address of your Phantom Wallet and select the network.

 

 

• Now, select the amount of SOL you want to send and tap on the “Withdraw” button.

 

 

• Tap on the “Confirm” button.

 

 

• Complete the authentication process for both Email and the Authenticator App.

 

 

After the verification process is complete, the SOL will be transferred to your Phantom Wallet.

Now that you have SOL in your wallet, we can proceed with learning how to buy Tether. As mentioned before, we’ll be swapping out SOL for USDT.

• Start by opening your Phantom Wallet again and tap on the SOL network.

 

 

• Now tap on the “Swap” icon at the bottom of your screen.

 

 

• Reverse the order if the SOL isn’t at the top.

 

 

Note: The coin you want to swap out must be at the top.

• Tap on the bottom coin and set it to USDT.

 

 

• Now, enter the amount of SOL coins you want to spend and tap on the “Review Order” button.

 

 

Note: Make sure that you have SOL as a gas fee to make this transaction.

After making sure everything is alright, tap on the “Swap” button and the coins will be added to your wallet.

Conclusion

If you manage to follow the entire procedure correctly, you’ll see that Tether is now available in your wallet. To further keep your USDT secure, use a hot wallet like Argent Wallet. One thing that you should always keep in mind is to do your research before buying any kind of coin. 

Even though Ripple is a popular coin, you should stay up-to-date with the market to maximise your profit. That’s why if you need any kind of guidance, Cryptonary is here to help. No matter if it’s a guide on the safest ways to buy crypto or recent market updates, we’ll make sure to provide you with the most accurate information.