How to buy USDT in Ghana on Mybitstore
Mybitstore presents the opportunity for any user to either sell or buy USDT on the Mybitstore app and has provided a simple way that is easy to follow when for all people looking for How to buy USDT in Ghana on Mybitstore.
What is USDT \ Tether?
Unlike many cryptocurrencies, USDT \ Tether \TRC20 is a stablecoin, which is pegged to the value of another asset, usually fiat currency. Its market cap is now $80 billion, which makes It the third-largest cryptocurrency by market cap at the time of writing this article. It shows the currency’s popularity across the crypto-verse.
One USDT is designed to be equivalent to $1, and the currency is linked to an asset such as the U.S. dollar. USDT offers many benefits to crypto traders. Sure, stability is its main asset, but it has many more advantages. Considering USDT helps digitize the USD, it’s often viewed as a good way for cryptos to gain mainstream acceptance.
So what are the benefits of using USDT?
– Stability and security
– Fast transaction times and low transaction fees
– USDT enjoys wide acceptance across the industry
– Strong support network
Click here to learn more about stablecoin https://blog.mybitstore.com/what-is-a-stablecoin/
On Mybitstore, you can buy USDT with Mobile Money, Bank transfers, and many more if you choose to ride the USDT wave.
The USDT buying and selling process on Mybitstore is very simple and fast, you can either buy directly from Mybitstore or Buy on the Peer to peer trading Market.
How to Buy USDT in Ghana Directly With Mybitstore
To buy USDT, you will need to link a payment method such as a bank account or mobile money that corresponds with the details on your Mybitstore KYC. This process involves:
- Opening the payment methods
- Selecting DEPOSIT
- Adding a payment method
- Clicking on validate after entering the required details and waiting for approval
Once your payment methods and KYC details are linked, you can proceed to buy Bitcoin/USDT on the platform and place an order to buy it at the current rate.
- Select Buy/Sell from the app’s midsection
- Select Buy
- Choose the crypto type to buy USDT
- Enter the amount to buy
- Select Preview Buy Trade
- Make payment to the payment numbers/channels stated
- Enter the Transaction ID from the payment you made
- Receive your crypto
How To Sell USDT in Ghana Directly With Mybitstore
- Click on the BUY/SELL Button, and select SELL, then choose USDT
- Type in the amount you want to SELL, and Click on Start SELL trade
- Select the payment method you want to receive the money into
- Click on PREVIEW TRADE, then on START TRADE
- You will receive the money instantly in your MOMO Wallet
It is worth noting that Tether tokens (USDT) are tied to a fiat currency at a 1:1 ratio and are fully backed by Tether’s reserves. Every day, we publish a summary of the current total assets and reserves.
