Tether (USDT)

How to buy Tether (USDT) on Koinwa

Tether (USDT) – Koinwa is a leading Bitcoin exchange in Nigeria which does not only serve the purpose of buying and selling BTC, instead provides a service across several crypto assets like Ethereum, Tether (USDT), Cardano, etc.

About Tether?

Tether is a cryptocurrency like Bitcoin, the world third-biggest digital coin by market value, widely adopted stablecoins across major exchanges which pioneered the concept in digital token space. It’s a disruptor to the conventional financial system and a trailblazer in digital use of traditional currencies.

Throughout the blockchain space, Tether tokens support and empower growing ventures, where it exists as a digital token grown in multiple blockchains.

Tether is one of the most traded tokens by volume in addition from being the first and the most used, but it’s different from Bitcoin and other virtual currencies.

Tether is widely known as stablecoin, digital currencies tied to real world assets to maintain a stable value, unlike most cryptocurrencies which are known to be volatile.

Tether is designed to be pegged to dollar, in this case while other cryptocurrencies often fluctuate in value, tether’s prices is usually equal to $1, though not always the case but reliably same.

How can I buy Tether (USDT) on Koinwa

Buying Tether can be as easy as buying Bitcoin and other cryptocurrencies too.

To get started, you will need to buy Bitcoin first, USDT is tied around the BTC like any other crypto asset. Buying Tether is subject to buying and holding a Bitcoin first.

To buy BTC on Koinwa, you will need to download and install Koinwa app first, available on play store for both Android and IOS operating system.

  • Sign up having downloaded and installed the app by choosing a preferred Username and strong password
  • Log in to your valid email supplied on sign up process, follow the link therein to activate your account. Thereafter login to Koinwa platform/wallet with your User ID and password
  • Having signed up successfully, you can start buying Bitcoin and other crypto assets.

How to buy Bitcoin on Koinwa

Now to buy Bitcoin first, kindly understand that you will need to consummate this transaction via the Koimwa Peer-2-Peer feature located on your dashboard.

  • Login to Koinwa app
  • Scroll down to locate the buy/sell Bitcoin option, click on the option that applies to you
  • If you are looking to buy select a preferred seller from the list seen
  • Select “Buy” then enter the “amount” you wish to buy in NGN, the BTC value would be displayed to ascertain how much Satoshi/BTC you are getting
  • Click on “continue” in the next slide to view your transaction summary and its equivalent in NGN.
  • Click on “submit trade request.”
  • Enter your 4-digit transaction PIN, you should have set up this PIN while signing up with Koinwa.

A quick note on how to set up your PIN

  • Visit your dashboard
  • From the available options select “change PIN”
  • Enter your password, then your preferred 4-digit PIN.
  • Click “Save PIN” that’s it.

Kindly be informed that this PIN will always be required to authenticate your transactions on the app.

Now on buying Tether

  • Visit the wallet end of the app
  • Here you will see other crypto assets offered by Koinwa
  • You can now convert your Bitcoin to Tether, Ethereum, Shiba, Cardano, etc.. equivalent of amount you are looking to buy.

Conclusion

Now you can start buying Tether (USDT) on Koinwa, simply download and install the Koinwa app on your mobile device, sign up using preferred User ID and password, buy your BTC from any of the listed sellers via the P2P feature, then proceed to convert your BTC holding to Tether on the platform.

Have questions, kindly use the comment box. Be sure to receive a response thereafter, kind regards.

 

 

 

 

 

 

 

 

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