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How to Buy Tether in the UK - Beginner's Guide

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Author: Alice Leetham Updated: September 5, 2022

USDT is a stablecoin pegged to the price of the US dollar. It was created by Hong Kong-based company Tether, along with stablecoins pegged to other currencies. USDT is effectively a digital version of the dollar that can be used on the blockchain.

This page will provide in-depth reviews of some of the best places to buy Tether in the UK. We’ll also be looking at what Tether is, whether it’s worth buying, different ways of buying it, and where you should store it.

How to Buy Tether in the UK

You can purchase Thether within the UK, online using a cryptocurrency exchange. This is the easiest way to buy and sell cryptocurrencies—all you need is a computer or mobile device. See below for our top picks of platforms that offer Tether and simple steps to buy Tether in the UK.

1. Choose a UK platform

Those looking to purchase USDT will need to find a crypto trading platform where it's available. As well as fees, security and regulation are important factors to consider when choosing a platform if you want to keep your funds safe. There are detailed reviews of different platforms in the next section, but you can sign up for our top picks below.

Min. Deposit
User Score
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.
Payment Methods
Full regulations list:
Min. Deposit
User Score
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Payment Methods
Credit Card, Debit Card, PayPal, Payeer, SEPA, Western Union, Wire Transfer, Yandex Money
Full regulations list:
Min. Deposit
User Score
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.
Payment Methods
Full regulations list:

2. Create and fund your account 

Complete the registration form with your name and contact details to create an account with your chosen trading platform. A photo ID is usually required to verify your account. Then, navigate to the deposit page to find payment options supported in the UK and select one to add funds to your account.

3. Buy Tether UK

If you have just deposited British pounds, you will need to search for the USDT/GBP trading pair. Create a buy order by entering the amount of USDT you wish to buy and simply clicking on the “Buy” button.

Where to Buy Tether UK?

There are many platforms you can use to buy USDT in the UK. This section will review some of the best options.

1. Binance - Overall Best Place to Buy USDT UK 

Binance takes our number one spot as it is rich in features to suit all kinds of traders and investors, has very low fees, and there are over 600 other cryptocurrencies available to buy with your USDT. There is also a wealth of educational resources in the Binance Academy.

Beginners can easily buy Tether USD instantly with their GBP using the Buy Crypto tab or swap between USDT and other coins in a couple of clicks with the Convert feature. Meanwhile, more experienced users can access customisable charts and advanced tools with Binance spot trading.

Once you’ve purchased your Tether, you can head to the Earn section of Binance where you have the chance to build up more wealth by putting your USDT into a savings account for an estimated 10% APR, or earn an even higher yield with liquid swap or dual investment.

The trading fees on Binance are some of the best on the market at 0.1% or less. UK users can deposit a minimum of £15 by card or £2 by bank transfer, with fees of 1.8% and £1, respectively. As Binance supports Faster Payments, bank transfers are processed almost immediately. Read our full Binance review here.


  • Low fees

  • Beginner-friendly way to buy USDT

  • Charts and tools for advanced trading

  • More than 600 other coins

  • Interest-bearing USDT investment products

  • Educational materials

  • Low minimum deposit in the UK

  • Mobile app


  • Choice of payment methods in the UK is limited

  • Isn’t licensed by the FCA

2. Coinbase - Easy-to-Use Exchange to Buy Tether UK

Coinbase is the best place to purchase Tether if you’re new to crypto. Once you’ve connected your UK bank account or credit/debit card, you can simply hit the “Buy / Sell” button, select Tether, and purchase as little as £2 or as much as you want. The fees for trading USDT are competitive at up to 0.6% and a minimum deposit of £50 is recommended.

The platform is clearly laid out and intuitive to navigate. You can add Tether to your watchlist to keep track of it, while the dashboard clearly displays your balance and the past performance of your portfolio.

You can use the recurring buys feature to set up automatic USDT purchases, while those who prefer more advanced trading can switch to the Coinbase Pro platform for customisable charts, technical indicators, and different order types.

There are plenty of educational resources to help you build your knowledge of Tether and other crypto topics. You can even pick up some free crypto through Coinbase’s regular learn and earn campaigns.

The platform’s offline storage, crypto insurance, and other leading security practices should ensure that your Tether is safe, and Coinbase has been granted an e-money licence by the UK’s FCA. Read our full Coinbase review here.


  • Very accessible for beginners

  • Purchase as little as £2

  • Recurring buys feature

  • Educational materials

  • Licensed by the FCA

  • Strong security and crypto insurance

  • Mobile app


  • Limited payment methods for UK users

  • Minimum deposit higher than many competitors

3. Bitpanda - Most Secure Exchange for Buying Tether UK

Bitpanda stores all of its users’ assets offline, making it a great place to buy USDT for the security-conscious. The platform holds all the necessary licences, is fully regulated, and is compliant with AML rules.

If you want to buy other assets too, Bitpanda offers more than 200 cryptocurrencies. There are also crypto indices, stocks, ETFs, and metals available—and you can swap directly between different types of assets. To set up recurring purchases of Tether USD—or any other asset—you can use the Bitpanda savings plan.

If you need help navigating the platform, you can find advice in the Helpdesk, while there are plenty of resources available in the Bitpanda Academy to help you build your crypto knowledge. The platform has received an excellent rating on Trustpilot from its customers.

There are a variety of payment options available for making a deposit, which will need to be a minimum of £25. The quoted price of USDT includes a 1.49% premium, and you can make an investment with as little as £1.


  • Licensed and secure

  • Multi-asset platform

  • Intuitive interface

  • Rated excellent on Trustpilot

  • Minimum trade size of £1

  • Variety of payment options

  • Educational materials

  • Mobile app


  • Support only available via email

  • Fees for crypto deposits

4. Bitstamp - Best Exchange to Buy Tether UK for Customer Support

Bitstamp provides all the support you need while you buy Tether. The customer service team is available globally around the clock by telephone and email. If you want to learn about the latest market insights and global trends, you can check out the free Crypto Pulse Report available on the platform.

Bitstamp employs top-tier security measures, such as encrypting personal information and providing transaction confirmations and address whitelisting. Your USDT will be kept as safe as possible, as Bitstamp keeps 98% of users’ assets in offline storage.

The platform has plenty of features to satisfy experienced traders, from advanced order types and technical analysis tools to powerful APIs and real-time data streaming. What’s more, the platform’s high uptime and liquidity mean you can enjoy fast order execution when buying USDT or any of the other 75+ cryptocurrencies available.

Users in the UK can use Faster Payments to make free deposits, with the minimum amount being £10. When buying USDT, the trading fees are up to 0.4%. Using Faster Payments to make GBP withdrawals incurs a £2 fee. You can also make direct purchases with a credit/debit card for a 5% fee. 


  • 24/7 phone and email support

  • Intuitive to use

  • Advanced trading features

  • Fast order execution

  • Industry-leading security

  • Free deposits with Faster Payments

  • Mobile app


  • Card purchases have high fees

  • Payment options for UK users are limited

5. OKX - Best Exchange for Advanced Traders Buying Tether UK

OKX provides everything the advanced trader needs, such as customisable charts, technical indicators, and a variety of order types. There is even a trading bot for setting up smart portfolios and arbitrage orders.

OKX employs cold storage, emergency backups, and a semi-offline multi-signature mechanism for online storage to keep your USDT safe. You can even use the products in the Earn section to receive interest on your USDT. 

Beginners can access a range of educational materials in the Learn section, and simplify the trading process with instant card purchases and direct swaps between BTC and the more than 340 other cryptocurrencies available.

You can’t deposit fiat to OKX, but the minimum Tether deposit is 0.00000001 USDT, and the minimum order size depends on the trading pair. You can also purchase a minimum of £9 worth of BTC with a credit/debit card for a 1.99% fee.


  • Charts and indicators

  • Trading bot

  • Secure storage

  • Products for earning interest

  • 340+ other coins

  • Educational resources

  • Low trading fees

  • Mobile app


  • Card fees could be lower

  • No fiat deposits

6. KuCoin - Best Exchange to Buy Tether UK For Trading Altcoins

If you’re buying USDT because you want to trade it against other cryptocurrencies, KuCoin is a great place to build a diverse crypto portfolio, as it supports more than 700 coins, including many new and obscure ones that you can’t get anywhere else.

Beginners can use the Convert feature to easily swap between USDT and other cryptocurrencies with a single click and no fees. If you don’t have the time to keep up with the market, you can always use KuCoin’s trading bot to earn a passive income.

The platform provides plenty of information and research if you want to learn more about crypto. There are also charts, indicators, and technical tools for more advanced traders. After buying some USDT, you can put it in a flexible savings account to earn interest.

You can make a minimum deposit of £5 with a credit or debit card for a fee of 3.8%. You can also buy a minimum of £10 of USDT with a card through the Fast Trade feature. The trading fees are competitive at up to 0.3%. Read our full KuCoin review here.


  • Over 700 coins supported

  • Trading bot

  • Savings accounts

  • Research and analysis available

  • Low trade and deposit minimums

  • Low fees

  • Mobile app


  • Not regulated by the FCA

  • Can be a bit complicated for beginners

7. Uphold - Best Place to Easily Buy Tether With GBP

Buying Tether in the UK couldn’t be simpler on Uphold. You can buy directly with GBP, so there’s no need to complicate the process with currency conversions or buying other cryptocurrencies. Once you’ve made an account, you can enter the amount of GBP you want to spend and click Buy.

There are more than 200 cryptocurrencies available, and you can set up regular automatic purchases or limit orders without commitment or blocked funds. The mobile app makes it easy to manage your portfolio and trade from anywhere.

Although Uphold doesn’t offer savings accounts, you can stake some altcoins to earn rewards. The platform is transparent, fully reserved, and adheres to high security standards. It is also regulated by the FCA.

Uphold doesn’t charge any fees for deposits, withdrawals, or commission, but you will be charged a spread, which will be displayed before you confirm the transaction. UK customers can fund their accounts with a debit card or bank transfer via Faster Payments.


  • Buy Tether directly with GBP

  • Easy to use

  • 200+ other coins

  • Limit orders and automatic purchases

  • High security standards

  • FCA-regulated

  • No deposit/withdrawal/commission fees

  • Mobile app


  • No credit card deposits

  • Lack of technical trading tools

8. CEX.IO - Best Place to Buy Tether UK for Reliable Order Execution

CEX.IO enables users to buy USDT quickly thanks to its high liquidity order book and favourable conditions for market making. Trades can be executed reliably with the platform’s advanced order matching algorithms, making high-frequency trading and scalping strategies possible.

There are more than 70 cryptocurrencies available in total on CEX.IO, as well as a range of API solutions for automated trading. The platform keeps funds safe with security features like cold storage, full data encryption, and protection against DDoS attacks.

If you’re new to crypto, you can use the Instant Buy feature for a simple way to buy USDT, and there is dedicated support available 24/7 by phone, email, and live chat. You can also check out the university for lessons on blockchain fundamentals and trading.

The minimum deposit is £20, and there is a 1.49% fee for card transactions in the UK and no fee for using Faster Payments. The trading fees are pretty competitive at 0.25% or less, and you can withdraw your USDT for a withdrawal fee of 30 USDT or 1 USDT, depending on the blockchain used. Read our full CEX.IO review here.


  • High liquidity

  • API solutions

  • Strong security

  • Make instant purchases easily

  • 24/7 dedicated support

  • Educational resources

  • Mobile app


  • Trading interface may be too technical for beginners

  • ID verification process isn’t straightforward

9. Crypto.com - Best Way to Buy Tether UK on the Move

If you want to be able to buy and use Tether USD anywhere, then Crypto.com has everything you need. The app is available for Apple and Android devices, and is easy to use, making it simple to buy USDT or any of the other 250+ cryptocurrencies supported.

You can earn rewards on your coins in the Crypto Earn section of the platform, which offers up to 6.5% p.a. on USDT. There is also an exchange for more advanced trading with low fees and deep liquidity.

A popular feature of Crypto.com is the Visa Card, which allows you to spend your USDT and other cryptocurrencies anywhere. It comes with no annual fees, up to 5% back on spending, and a range of other benefits.

UK customers can deposit GBP to their fiat wallet for free with Faster Payments. The exchange charges competitive trading fees of 0.4% or less.


  • Easy-to-use app

  • 250+ cryptocurrencies

  • Earn up to 6% p.a. on your BTC

  • Crypto.com Visa Card

  • Free GBP deposits

  • Low trade minimum

  • Competitive fees


  • No BTC/GBP trading pair

  • Live support in the app can be slow

How to Buy Tether UK - Step-by-Step Guide

We believe Binance is the best place to buy Tether in the UK. The buying process is pretty straightforward—all you need to do is follow these steps.

1. Sign up with Binance

Click the “Register” button at the top of the website. You can sign up with Apple or Google, or click “Sign up with phone or email”, after which you’ll have to select your country and provide an email address or phone number and password. Enter the verification code sent to your email address or phone number.

2. Verify your account

Hover over your user icon at the top right and select Identification. Click “Verify” under Identity Verification and select your country. Fill in your details and select your ID type. You will then need to upload an image of your ID or take a photo of it and let Binance access your webcam to confirm your identity through facial recognition.

3. Make a deposit

Once your account is verified, go to Fiat and Spot under Wallet and click “Deposit” at the top. Select GBP as the currency and you will have the choice between making a bank transfer or a card deposit. Click “Contine”, enter the amount, click “Continue” again, and follow the instructions on the next page to complete the transfer.

4. Buy Tether

Go to Spot under the Trade tab and use the search box in the top right to find the GBP/USDT trading pair.Using the order form under the chart, select Market, enter the amount of GBP you want to spend, and click “Sell GBP” to buy USDT immediately. If you want a simpler process without access to trading tools, just go to Binance Convert under the Trade tab.

What is Tether & How Does It Work?

Tether is a Hong Kong-based company that issues stablecoins, the most popular of which is USDT, though Tether also issues tokens for euros, British pounds, Mexican pesos, Chinese yuan, and Gold.

Tether was originally launched in 2014 under the name Realcoin by Brock Pierce, Reeve Collins, and Craig Sellars. Although it was originally built on top of the Bitcoin blockchain, it has since been launched on many other blockchains, including Ethereum, TRON, and Binance Smart Chain.

USDT is pegged to the value of the US dollar, and is the most popular stablecoin, having the largest market capitalisation.

What is a stablecoin?

A stablecoin is a digital token that mirrors the price of a certain currency or commodity. In the case of USDT, it mirrors the US dollar, so in theory, 1 USDT should always be worth $1. The price can be kept stable algorithmically or, as with USDT, by backing tokens with dollar reserves. Stablecoins can be more convenient than cash when it comes to transferring value and trading other cryptocurrencies.

Is Tether a Good Investment?

Only you can decide whether buying USDT is the right move for you, but let’s take a look at some of the things you might want to consider when making that decision.

As USDT is a dollar-pegged stablecoin, this question could depend on the value of the US dollar, which can be affected by factors such as inflation, interest rates, and global economic conditions.

The value of the dollar is very stable compared to cryptocurrency, so USDT can be a safe haven for crypto investors during periods of higher volatility. It is also present in a great number of trading pairs on many crypto exchanges, making it a useful currency for trading against a variety of coins.

By using blockchain technology, Tether USD can be faster and more efficient than cash for making cross-border transactions, as well as for purchasing cryptocurrency. The liquidity of USDT also means it’s easy to convert to fiat currency at any time.

Tether supports multiple blockchains and claims to be 100% backed by reserves. USDT has seen widespread adoption by exchanges, blockchain protocols, and merchants, as well as individuals, leading to USDT becoming the most popular stablecoin and one of the largest cryptocurrencies by market cap.

One reason for Tether’s popularity is that USDT savings accounts offer much higher interest rates than banks. For example, Binance and OKX both offer 10% interest on USDT savings accounts, while Nexo offers up to 12%, making USDT a good hedge against inflation.

Risks of Buying Tether

Tether’s reserves have come under scrutiny in the past, with controversy over whether USDT is in fact fully backed by reserves. Tether claims it is now fully backed by reserves and transparent, but doubts may still remain for some.

It is worth bearing in mind that the value of the US dollar—and therefore of USDT—fluctuates against the pound. This means it is possible that the same number of USDT could be worth less in GBP at a later date.

Using an exchange or wallet that isn’t secure could put your USDT at risk, which is why we recommend using a regulated and reputable platform, such as the ones described in this article. If storing your USDT in a private wallet, make sure to keep your seed phrase somewhere safe to ensure you will be able to recover access to your coins if necessary.

What Payment Methods Can I Use to Buy Tether in the UK?

Many major platforms support GBP. Even if your desired platform doesn’t, you can always use your bank card as the final payment is converted into the base currency of the exchange. You can buy Tether in the UK through the following methods.

Bank transfer

Making a bank transfer via Faster Payments can be a quick and cheap way to buy Tether. There is a fee of £1 for using this payment method on Binance. Coinbase allows free bank deposits and suggests allowing 1-3 business days for the payment to be processed, but it is usually immediate.

Credit/debit cards

Credit and debit cards are widely accepted so you can use them to purchase Tether on a number of different platforms. The fees charged for card deposits can be higher than other payment methods. On Binance, for example, GBP bank card deposits carry a 1.8% fee, while on Coinbase the fee is 2.49%. 


Skrill is another digital wallet that allows you to easily move money online in seconds. While not widely accepted by crypto platforms, Skrill can be used to purchase Tether on Bitpanda.

Ways to Invest in Tether UK

There are a number of different ways that people in the UK can invest in Tether. We’ll look at a few in more detail below.

Buy and Hold Tether

The benefits of this method are that it is simple and anyone can do it. The strategy is fairly self-explanatory—you just buy some USDT and hold onto it for a period of time. USDT doesn’t have the same price potential as other cryptocurrencies as it will always be worth the same as the dollar, but crypto investors may wish to move their capital into USDT during bear markets or periods of extreme volatility.

Trade Tether

The stable nature of USDT means it isn’t well suited to trading, although its fluctuations against the pound mean it’s possible to make a modest profit by trading a GBP/USDT pair. Crypto traders are more likely to use USDT as a base currency to trade against other coins, as it is very quick and easy to swap between USDT and other cryptocurrencies.

Tether Savings Accounts

The simplest way to make a guaranteed profit on your USDT holdings is to put them into a savings account to earn interest. Binance and OKX provide USDT savings accounts with a yearly interest rate of 10%, while you can earn up to 12% with Nexo .

Choosing a Tether Wallet

Once you have purchased your Tether, you will need to decide where to store it. There are a number of options available to suit different needs.

Tether Software Wallets

  • Web wallet: Accessible through any browser, all you need is an internet connection to send and receive your USDT. All the platforms reviewed on this page provide free web wallets where you can store your USDT.

  • Desktop wallet: This is a wallet that you download and run on your computer, with your private keys being stored on your hard drive. ERC-20 USDT can be stored in any desktop wallet that supports Ethereum, such as Atomic or Exodus.

  • Mobile wallet: This type of wallet takes the form of an app that can be downloaded onto your phone. MetaMask is one of the most popular mobile wallets that support USDT.

Physical and Hardware Wallets

  • Hardware wallet: A hardware wallet is a physical device, often a USB, and is the most secure place to store USDT. Hardware wallets that support Tether include TrezorBitBox, and Ledger.

  • Paper wallet: You can create a paper Tether wallet by using a private key generator to generate a public and private key. They will be in the form of strings of characters and/or QR codes which you can print or write down. However, paper wallets aren’t a secure way to store USDT.

Wallet Combinations

There are also Tether storage solutions that combine more than one of the wallet types listed above. For example, if you store your Tether on a Ledger hardware device, you can also download the Ledger Live app to easily manage your USDT. You could also keep some USDT on an exchange for trading while keeping the rest in a hardware wallet for long-term storage.

Should I Buy Tether Now? - Things to Consider Before Buying Tether in the UK

The things covered in the section on whether Tether is a good investment are factors you’ll likely want to consider before buying USDT, but there are some other practical factors that also warrant consideration.

Tether Fees & Regulations

There are network fees for making USDT transactions and the amount depends on the blockchain used—for example, the fees are higher on Ethereum than Solana. However, as many platforms like Binance charge a fixed fee for trades, you don’t need to worry about network fees when making purchases and sales.

There are other fees that your platform will charge. For example, you will likely have to pay fees on deposits and/or withdrawals, which may differ depending on the payment method used. Account management, inactivity, and overnight fees may also be charged by some platforms.

All cryptocurrencies are unregulated in the UK, so USDT holders are unlikely to have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme, should they be hacked or scammed. This is why it is important to keep your USDT as safe as possible and only buy and trade it on regulated platforms.

When to Buy Tether?

As the price of USDT is kept stable, when you buy isn’t particularly important. However, when buying with pounds, USDT will be cheaper when the GBP/USD exchange rate is higher.

Tether Price

USDT is designed to always be worth $1, although there are tiny fluctuations in its price in dollars, and it has occasionally deviated significantly from its peg in response to changes in demand. The value of USDT in pounds varies with the GBP/USD exchange rate.

Buying Tether Safely in the UK

A regulated platform with a strong reputation is the safest way to buy USDT, as they usually have the most stringent security measures, as well as better features and support. In the UK, the safest platforms are those licensed by the FCA. Security features to look for include offline storage, insurance, address whitelisting, and two-factor authentication.

You should act responsibly when you buy cryptocurrency by never investing more than you can afford to lose. You should also keep your investment somewhere safe, like a hardware wallet. Storing your seed phrase safely is important in case you ever need to recover access to your wallet. 

Crypto investors are a target for hackers and scammers, so always be vigilant. You should check the provenance of emails purporting to be from your platform or wallet provider, and never share your password or private key with anyone.

Buying Tether anonymously in the UK 

UK regulations require crypto platforms to verify the identities of their users in a process called “Know Your Customer” (KYC). This makes it difficult to buy USDT anonymously as most platforms require contact details and proof of identity, like a passport.

You would therefore need to use an unregulated platform to buy USDT anonymously in the UK. This is possible on some peer-to-peer (P2P) marketplaces, like Paxful, where you could use a fake email address to set up an account. Paxful enables users to buy USDT from some sellers without completing verification.

Another type of unregulated platform you could use is decentralised exchanges (DEXs), as they don’t require any personal information—just a wallet. DEXs only enable you to swap between different cryptocurrencies, though, so you would first need to acquire another cryptocurrency to swap for USDT.

Using an unregulated platform could put you at risk of being scammed, and they are also harder to use. For these reasons, it is simpler and safer to spend a few minutes verifying your identity so you can buy USDT on a regulated platform, which is perfectly legal in the UK.

Best ways to buy - a comparison between centralised exchanges & decentralised exchanges

Centralised exchanges

All the platforms in this guide are centralised, meaning they are operated by a company. Many platforms have an order book, where buy orders are matched with sell orders to facilitate trades. The platform will charge you a fee for this service.

Beginners appreciate centralised exchanges (CEXs) as they provide a better user experience, are usually easy to navigate, and often provide customer support and educational resources. They’re popular with experienced traders as well, as many platforms provide more advanced features, such as a variety of order types and tools for technical analysis.

Decentralised exchanges

Conversely, there is no company or authority in charge of a decentralised exchange (DEX), as it operates through smart contracts on the blockchain. Instead of facilitating trades through an intermediary, DEXs tend to use liquidity pools. These are pools of crypto assets that trades are made against. People are incentivised to provide assets for these pools as they will receive exchange fees in return.

DEXs are popular with people who want to retain full custody of their assets and trade anonymously. However, the network fees can be expensive on DEXs, and they don’t provide many features. What’s more, you will need to buy another cryptocurrency first to swap for USDT as DEXs don’t tend to have fiat on/off ramps

Selling Tether

The time at which you sell your USDT isn’t that important as its price is pretty stable, but you will get more bang for your buck when the US dollar is performing strongly relative to GBP.

On most platforms, the selling process is pretty straightforward and doesn’t differ much from the buying process. You can use the simple Sell Crypto feature if your platform has one, or search for the GBP/USDT trading pair.

You may need to create a sell order and you could be given the choice between a market sell order, which involves selling immediately at the current price, or a limit sell order, which lets you make a sale once USDT reaches a certain price in GBP.

Final Thoughts

There is clearly a lot to consider when it comes to where, when, and how to purchase Tether in the UK, but the most important thing is to choose the best platform for you.

We believe Binance is the top platform for buying USDT in the UK due to its wide range of features to suit traders of all abilities, and the earning opportunities it provides. It’s quick and easy to set up an account and make a deposit with Binance—after that, you can purchase USDT in a matter of seconds.

Methodology - How we picked the best platform to buy Tether

To provide information you can trust, we conduct extensive research and use quality control processes. We want to enable you to make informed decisions about investing, which is why we rigorously test all the platforms we review.

When testing a platform, we look at things such as the account creation and deposit processes, the assets and trading types offered, user experience, fees, features, regulation, educational content, and customer service.

Frequently Asked Questions

  1. You can buy USDT in the UK from any of the platforms listed on this page. We believe Binance is the best option due to its wide range of features.

  2. This depends on your personal finances, payment method, and the limits imposed by your platform. For example, when making an instant card purchase on Binance, you buy £15 to £5,000 worth of USDT, and the limits are higher if using pre-deposited funds.

  3. USDT can be used as a hedge against inflation if you keep it in a savings account, for making cross-border transactions, or for trading against other cryptocurrencies. It is also accepted as payment by a few businesses.

  4. The cheapest way to buy USDT in the UK is by using Binance, as the deposit fees are lower than many competitors and the trading fees are the best on the market.

  5. Tether should always be $1 but in reality its price constantly fluctuates by fractions of a cent. There have been a few times in the past when its price has deviated significantly from $1 due to sudden changes in demand.

  6. Yes. You can easily sell USDT for GBP on Binance through one of the options under the Buy Crypto tab or by using the GBP/USDT trading pair.

  7. You can buy USDT on Coinbase by clicking on the “Buy / Sell” button, selecting USDT, and entering the amount you wish to purchase.

  8. Yes. It is legal to buy USDT in the UK, but USDT is not accepted as legal tender and it isn’t regulated by the FCA.

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