How to buy Tether on Dubai OKX

To purchase Tether (USDT) on OKX in Dubai, you'll need to create an account, deposit funds, search for USDT, place a buy order, and confirm your purchase.

Oct 23, 2024 at 11:06 am

How to Buy Tether (USDT) on OKX in Dubai

Tether (USDT) is a stablecoin pegged to the US dollar. It is widely used as a medium of exchange and store of value in the cryptocurrency market. This guide will provide step-by-step instructions on how to buy USDT on OKX in Dubai. Tether is not available for purchase on OKX South Korea, so Korean users need to trade using the Global Web or App with a VPN to access the global version.

Step 1: Create an OKX Account

• Visit the OKX website or download the OKX app.
• Click on "Sign Up" and create a new account.
• Verify your email address and phone number.

Step 2: Deposit Funds into Your Account

• Once your account is verified, navigate to the "Assets" tab.
• Click on "Deposit" and select a deposit method (e.g., bank wire, credit card, etc.).
• Follow the instructions to complete the deposit process.

Step 3: Search for USDT

• Go to the "Markets" tab on the OKX website or app.
• In the search bar, type in "USDT".
• Click on the "USDT" pair you want to trade (e.g., USDT/AED).

Step 4: Place a Buy Order

• On the trading page, click on the "Buy" tab.
• Enter the amount of USDT you want to buy in the "Amount" field.
• Select the order type (e.g., Limit Order, Market Order, etc.)
• Click on "Buy USDT" to place your order.

Step 5: Confirm Your Purchase

• Once your order is filled, you will see the USDT in your OKX account.
• You can withdraw the USDT to your personal wallet if desired.

Additional Notes:

• OKX offers various trading pairs for USDT, including USDT/AED, USDT/EUR, USDT/BTC, etc.
• The minimum deposit amount for USDT on OKX is 100 AED.
• OKX charges a small fee for buying and selling USDT.
• Please note that cryptocurrency prices can be volatile. Always research the market thoroughly before making any trades.