Trading USDT Peer-to-Peer — Now Available on BuyCoins!

Ererezino
Helicarrier
Nov 17, 2020

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Disclaimer: USDT and other cryptocurrencies are neither classified as legal tender nor regulated securities in Nigeria.

We’re introducing support for USDT on our peer-to-peer exchange and wallet. You can buy or sell USDT at your preferred price and send or receive USDT into your account on BuyCoins. This is in addition to Bitcoin which you can already trade peer-to-peer.

Why USDT?

Tether (USDT) is a popular stablecoin whose value is pegged to the U.S. dollar. It protects users from the volatility of the cryptocurrency space by fixing the value of its cryptocurrency to the value of an established fiat currency. USDT tokens are 100% backed by Tether’s reserves.

While we already have USDC listed on the BuyCoins app for instant trades, we chose to still list USDT because it has much more liquidity and is trusted by many crypto traders and businesses for cross border transfers. USDT has a market cap of $17.96B.

Get Started

You can place your own USDT trade ad or engage with other traders to buy or sell at your preferred price. Find out how to do that here.

Download the app from the Play Store or App Store; or update your version of the app if you already have it.

If you have any additional questions, check out our help docs or send an email to support@buycoins.africa.

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