How to Buy USDT with Revolut: Your Comprehensive Guide
Want to buy Tether (USDT) using Revolut? You\'re in the right place! While Revolut does not directly offer USDT, there are several ways to acquire this popular stablecoin using your Revolut account. This guide will explore different methods, offering clear instructions and helpful tips. We\'ll cover using crypto exchanges and third-party platforms to get your USDT.
Understanding the Process: Revolut and USDT
It\'s crucial to understand that Revolut itself doesn\'t list USDT for direct purchase. Instead, the best approach is to leverage Revolut\'s ease of use for fiat currency transactions and then transfer those funds to a cryptocurrency exchange that supports USDT trading.
Option 1: Buying USDT on Binance via Revolut Pay
One straightforward option is to use Binance. You can now buy crypto via Revolut Pay on the Binance app. To use this service, you must have a Revolut account. Currently, the supported currencies are USD, DKK... Here\'s how:
- Sign up for Binance: If you don\'t already have one, create an account on Binance. You\'ll need to complete the KYC (Know Your Customer) verification process.
- Deposit Funds via Revolut Pay: Within Binance, select the "Buy Crypto" option. Look for the Revolut Pay payment method.
- Enter the Amount: Specify the amount of USDT you want to purchase.
- Confirm the Transaction: Review the details and confirm the purchase. Your Revolut account will be debited, and the USDT will be credited to your Binance wallet.
Welcome to our comprehensive guide on purchasing USDT on Binance using Revolut. In this video, we\'ll walk you through the entire process, providing valuable insights. (Consider searching YouTube for a video guide to accompany these steps.)
Option 2: Using Other Crypto Exchanges (e.g., Kraken, Coinbase)
While Binance offers Revolut Pay, other exchanges might require a different approach:
- Sign Up for an Exchange: Choose a reputable exchange like Kraken or Coinbase that offers USDT trading.
- Fund Your Exchange Account: Use Revolut to transfer funds to your exchange account. This typically involves a bank transfer (SEPA transfer if you\'re in Europe). Find the exchange\'s deposit information and initiate the transfer from within your Revolut app.
- Buy USDT on the Exchange: Once the funds have landed in your exchange account, navigate to the USDT trading pair (e.g., USDT/EUR or USDT/USD) and place your order to buy USDT.
Option 3: Buying USDT through Revolut Pay on Paybis
Buying USDT through Revolut Pay on Paybis is very straightforward. Here\'s a streamlined version of the steps to buy cryptocurrency using Revolut: Sign up on Paybis: Open the Revolut app on... Refer to Paybis\'s official website for the most up-to-date instructions.
Important Considerations: Fees and Security
- Fees: Be aware of the fees associated with each method. Revolut may charge fees for transfers, and exchanges will have their own trading fees. Look for exchanges with fees starting from 0% to minimize costs.
- Security: Always use strong passwords and enable two-factor authentication (2FA) on both your Revolut account and the cryptocurrency exchange.
- Exchange Reputation: Only use reputable and well-established cryptocurrency exchanges to protect your funds.
Withdrawing and Converting USDT
Once you have USDT, you might want to convert it back to EUR or another fiat currency.
Convert USDT to EUR directly in-app, along with 210 tokens. Withdraw your Tether tokens to your main Revolut account, transfer them to other Revolut customers in... However, remember that you\'ll likely need to first transfer your USDT back to an exchange that supports USDT trading and EUR withdrawal. Once you\'ve converted it to EUR, you can withdraw it to your Revolut account.
In Summary: A Loopholes
While Revolut doesn\'t directly offer USDT, a workaround exists. Revolut does not directly offer USDT. Instead, users can transfer their funds from Revolut to trusted crypto exchanges that provide the Tether stablecoin. Here’s a loophole... By using the methods outlined above, you can easily purchase USDT using your Revolut account.
Sign up to Revolut: this video, we explain how to buy Tether (USDT) on the Revolut app. We’ll guide you through accessing the cryp... (Search for relevant video tutorials on YouTube to visually guide you through the process.)