What Is USDT and Why Buy It on Crypto.com?
USDT (Tether) is a stablecoin pegged 1:1 to the US dollar, offering price stability in the volatile crypto market. Crypto.com, a trusted global exchange, provides a secure platform to buy USDT with low fees, multiple payment options, and user-friendly tools for beginners and experts alike.
Step 1: Create a Crypto.com Account
- Download the Crypto.com App or visit the website.
- Click ‘Sign Up’ and enter your email/mobile number.
- Set a strong password and agree to terms of service.
Step 2: Verify Your Identity (KYC)
- Navigate to ‘Account’ > ‘Verification’.
- Submit government-issued ID (passport, driver’s license).
- Complete facial recognition via the app. Verification typically takes 15-30 minutes.
Step 3: Deposit Funds
Payment Methods:
- Bank Transfer (ACH/SWIFT)
- Credit/Debit Card (3% fee)
- Crypto Deposit (BTC, ETH, etc.)
Go to ‘Accounts’ > ‘Fiat Wallet’ > ‘Deposit’ and follow instructions.
Step 4: Buy USDT on Crypto.com
- Open the ‘Buy’ tab on the app/website.
- Select USDT from the crypto list.
- Choose payment currency (USD, EUR, etc.) and amount.
- Confirm transaction details (review fees).
- Click ‘Buy Now’ – USDT will appear in your wallet instantly.
How to Store USDT Safely
- Crypto.com Wallet: Free storage with insurance coverage.
- Hardware Wallets: Use Ledger or Trezor for offline security.
- Software Wallets: Trust Wallet or MetaMask for frequent trading.
Pro Tips for Buying USDT
- Enable two-factor authentication (2FA) for account security.
- Compare fees: Bank transfers (0.1%) are cheaper than cards (3%).
- Check daily buy limits (up to $30,000 for verified users).
FAQ: Buying USDT on Crypto.com
Q: Are there fees to buy USDT?
A: Yes – 0.4% maker/taker fee for crypto purchases, 3% for card transactions.
Q: Can I buy USDT without KYC?
A: No – Crypto.com requires identity verification for all fiat purchases.
Q: How long does a USDT purchase take?
A: Instant for card/crypto payments; 1-3 business days for bank transfers.
Q: Is USDT on Crypto.com ERC-20 or TRC-20?
A: Defaults to ERC-20 (Ethereum network). Contact support for TRC-20 options.
Q: Can I sell USDT on Crypto.com?
A: Yes – Navigate to ‘Sell,’ select USDT, and choose withdrawal method.
