USDT (USD Tether) has become one of the most popular USD-pegged stablecoins available today. Its low volatility and backing by the US dollar make it an attractive choice for traders, cementing its role as a base trading pair across major crypto exchanges, including OKX.
Issued by Tether, USDT is fully backed by equivalent reserves of USD and other assets. It operates across multiple blockchains like Ethereum, Tron, Solana, Algorand, and BSC, offering flexibility and convenience.
USDT serves as a reliable store of value, especially for traders waiting to enter the market. Its low-cost, fast-transfer capabilities also make it ideal for cross-blockchain value transfers.
This guide covers essential steps to buy, swap, and transfer USDT securely.
How to Buy USDT
USDT is widely available on crypto exchanges like OKX. Here’s how to purchase it:
Buying USDT on OKX Website
- Sign Up: Create an account on OKX and complete verification.
- Navigate: Click "Buy Crypto" → "Express Buy."
- Select Currency: Choose your payment currency (e.g., USD) and enter the USDT amount.
- Payment Method: Options include credit/debit cards, Apple Pay, or P2P trading.
- Confirm: Authorize the payment, and USDT will be deposited into your OKX account.
Buying USDT via Mobile App
- Download: Get the OKX app for iOS or Android.
- Purchase: Select "Buy" → Search "USDT" → Enter amount → Choose payment method.
- Receive USDT: Tokens arrive post-payment confirmation.
How to Swap USDT
On OKX Platform
- Go to "Trade" → "Convert".
- Select USDT under "From" and the desired token under "To".
- Enter amount → Click "Convert".
In DeFi (via OKX Web3 DEX)
- Connect your wallet to OKX DEX.
- Choose blockchain (e.g., Ethereum) → Select USDT and target token.
- Approve swap → Confirm transaction.
Note: DeFi swaps are chain-specific (e.g., ERC-20 tokens only on Ethereum).
How to Transfer USDT
From OKX Account
- Navigate to "Assets" → "Withdraw".
- Select USDT → Enter wallet address/network → Confirm.
From OKX Wallet (Browser Extension/Mobile)
- Open wallet → Select USDT → "Send".
- Enter recipient address/amount → Verify network → Confirm.
FAQs
1. Is USDT safe?
Yes, when purchased from reputable exchanges like OKX. Always verify the issuer (Tether) and audit reports.
2. Which networks support USDT transfers?
Ethereum (ERC-20), Tron (TRC-20), BSC, Solana, and more. Confirm the recipient’s network to avoid losses.
3. Why use USDT instead of USD?
USDT offers faster, cheaper cross-border transfers and integrates seamlessly with DeFi platforms.
4. What’s the minimum USDT purchase on OKX?
Varies by payment method. Check the platform for current limits.
Final Thoughts
Mastering USDT transactions empowers you to trade efficiently and leverage stablecoin benefits. For deeper insights, explore OKX’s USDT guide.
Ready to grow your USDT? Discover OKX’s Shark Fin, a capital-protected savings product.