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 a number of 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 transfer, 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
- First click on the ‘Buy/Sell’ button
- At Buy/Sell, select the option to TRADE DIRECTLY WITH MYBITSTORE
- Select USDT from the ensuing pop-up
- Choose whether to buy USDT
- Enter the amount and click on the preview button for your transaction summary
- Click on the START BUY TRADE Button to initiate the trade
- Once a trade is initiated following the instructions in the trade chat to complete the process
How To Sell USDT in Ghana Directly With Mybitstore
- First click on the ‘Buy/Sell button
- At Buy/Sell, select the option to TRADE DIRECTLY WITH MYBITSTORE
- Select USDT from the ensuing pop-up
- Choose whether to sell USDT
- Enter the amount to sell and click on the preview button for your transaction summary
- Click on the START BUY TRADE Button to initiate the trade
- If selling, the seller must always deposit their USDT into their Mybitstore Account before they initiate a sell transaction.
- Once a trade is initiated follow the instructions in the trade chat to complete the process
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.
