Are you from Africa and Want to buy Tether (USDT) in record time to inspire the Cryptocurrencies but you don't know where and how?
Today I have a complete step-by-step guide on how to do it.
Let's go straight to the article.
Table of Contents
How to buy Tether in Africa
In Africa, the most reliable way to buy USDT is through a cryptocurrency exchange that accepts the Rand (ZAR). This allows investors holding this local currency to safely deposit ZAR through local bank accounts, debit cards and credit cards to acquire USDT, USDC or other stablecoins.
The best option you could register to buy USDT is the Bybit exchange
How to register on Bybit
Registering on Bybit is a very easy process all you have to do is create an account on bybit with email, password and then verify your account which will not take more than 6 minutes.
Deposit ZAR to buy Tether
After you have completed your registration and account verification it is time to make your first deposit to buy Tether.
You will go to class Buy crypto and you will select your local currency which is ZAR and buy USD.
You will then select the payment method and press the button that says Buy With ZAR.
And that was you have bought your first USDT.
How to buy Cryptocurrencies
After you have bought USDT you can now buy whatever cryptocurrency you want
To do this you will go to the Trade / Spot Trading category and in the search you will write the cryptocurrency you want.
We for example will buy Bitcoins.
- You will press the Buy option
- you will put the Market
- In USDT you will choose how much you want to buy with Bitcoin
- and the last step is to tap Buy BTC
Is Tether legal in South Africa?
Yes. Tether is legal in South Africa and investors can easily and quickly invest in USDT and other Cryptocurrencies safely through Bybit exchange.
According to South African Reserve Bank (SARB) Cryptocurrencies are supervised but you should be aware of any changes from the SARB.
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