There are multiple ways you can buy Tether in the UK. You can day, swing and position trade Ripple, depending on your trading style, experience level and preference.
At OANDA Crypto, our commissions and withdrawal fees are low, and we offer seamless trading on many cryptocurrencies, including Tether. Our tailor-made trading mobile app will let you buy Tether, even when you’re on the go.
Why trade it?
Tether backed by fiat currency, and is well known for its relative stability over other cryptocurrencies, and it also gives a way for users to transact a U.S. dollar equivalent across regions, countries, and even continents using blockchain which takes out the need for traditional intermediaries like banks or financial service providers.
Did you know?
You can use USDT coins to buy things, just as you would regular money. What’s more, if you later want to convert your USDT back to real dollars, you can send them back to Tether and get dollars in return.
As a stablecoin, Tether (USDT) combines the advantages of a cryptocurrency with the stability of the US dollar. There are also versions of Tether pegged to other fiat currencies such as the Euro (EURT) and the Yuan (CNYT), giving users more flexibility in their hedging and trading strategies.
Although Tether was initially launched on the Bitcoin blockchain, it’s now expanded to other networks such as Ethereum, Algorand and Tron.
OANDA stands above other providers for crypto trading for a whole host of reasons.
OANDA Crypto offers a wide range of cryptos to trade, including Tether, Bitcoin, Ethereum, Litecoin, XRP and Chainlink. A full list of available assets is available here.
You can trade Tether through our website, or the OANDA Crypto app, available for iOS and Android.
These vary depending on the asset that you want to trade. You’ll find the minimum and maximum order sizes on our fees page – they’re labelled as minimum order size and maximal order size respectively.