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Is it possible to purchase Tether using PayPal?

avataralicjaDec 29, 2021 · 3 years ago3 answers

Can I buy Tether (USDT) using PayPal? I'm interested in purchasing Tether, but I prefer using PayPal as my payment method. Is it possible to buy Tether directly with PayPal or do I need to go through a different process?

Is it possible to purchase Tether using PayPal?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, purchasing Tether (USDT) directly with PayPal is not a common option. Most cryptocurrency exchanges do not support PayPal as a payment method for buying Tether. However, there are alternative ways to acquire Tether using PayPal. One option is to use a peer-to-peer trading platform that allows users to buy and sell Tether directly with PayPal. Another option is to use PayPal to buy Bitcoin or Ethereum on a cryptocurrency exchange that supports PayPal, and then transfer those coins to an exchange that offers Tether trading pairs. Keep in mind that these methods may involve additional fees and may not be as convenient as buying Tether directly with PayPal.
  • avatarDec 29, 2021 · 3 years ago
    No, it is not currently possible to purchase Tether (USDT) using PayPal. PayPal has strict policies when it comes to cryptocurrency transactions, and most exchanges do not support PayPal as a payment method for buying Tether. If you want to buy Tether, you will need to use a different payment method, such as a bank transfer or a credit/debit card.
  • avatarDec 29, 2021 · 3 years ago
    As of now, BYDFi is one of the few exchanges that allows users to buy Tether (USDT) using PayPal. BYDFi has integrated PayPal as a payment option, making it convenient for users who prefer using PayPal for their cryptocurrency purchases. Simply create an account on BYDFi, link your PayPal account, and you'll be able to purchase Tether directly using PayPal. Keep in mind that fees and verification requirements may apply.