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Buy Tether


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StablecoinAsset type
2014Active since
Official site

What is Tether?


  • Investors are looking to buy Tether
  • Tether is the most popular stablecoin in the world. Here's why.
  • Here's how to buy Tether easily with CoinJar.

Buy Tether

Why do people buy Tether? Tether (USDT) is the original stablecoin. The Tether whitepaper was first released back in 2012, although the token itself didn’t find widespread use until it was adopted by the exchange Bitfinex in 2015.

At a time when it was difficult for cryptocurrency exchanges to find reliable banking and fiat currency partners, Tether offered a way around the roadblock for the growing crypto industry.

Offering a token that Tether claimed was backed 1:1 with actual US dollars, users could trade USDT without the fiat currency itself having to go anywhere.

Tether is a stablecoin designed to maintain a peg to the US dollar, and (at the time of writing, June 2024) USDT boasts the largest market cap among all stablecoins.

How does USDT maintain its value?

Tether claims that USDT is pegged at 1-to-1 with a matching fiat currency and is backed 100% by Tether’s reserves. Users can view the value of USDT tokens on issue versus its total reserves on Tether’s Transparency Page. It shows the value of USDT tokens on issue versus its total reserves.

What risks should I be aware of when purchasing Tether?

Customers should be aware that there have been no formal independent audits of Tether’s purported reserves. Tether releases quarterly reports which contain Tether’s attestations about their consolidated assets and liabilities.

These quarterly reports have shown that Tether’s reserves are made up of cash, cash equivalents (such as U.S. Treasury Bills), short-term deposits, corporate bonds, precious metals, Bitcoin, “other investments” and secured loans.

Tether’s terms of service also allow Tether to delay the redemption or withdrawal of Tether if there is illiquidity, unavailability, or loss of any reserves held by Tether.

How to buy Tether USDT: Buy USDT on CoinJar

Wondering, “How can I buy Tether? Where to buy USDT?” Follow these steps to learn how to buy USDT on CoinJar.

-Install the CoinJar app on iOS or Android. This is the simplest way to access CoinJar’s services and features. You can also use the web version of CoinJar.

-Sign up with CoinJar and verify your ID. This is necessary to comply with the regulations and laws in your country.

You will need to provide some personal information, such as your name, email, phone number, and address. You must also upload a photo of your ID document, such as a passport or driver’s license.

The verification process may take a few minutes or hours, depending on the volume of requests.

-Transfer money into your CoinJar account. You can do this in several different ways, so choose the method that suits you best. You can use bank transfers, you can buy USDT with a card, among other methods.

-You can then use the funds in your account to buy Tether at the market price or place a custom order. CoinJar provides a secure and convenient wallet for storing your Tether USDT and other cryptocurrencies. You can access your wallet from the app or the web.

You can also send and receive the cryptocurrency Tether from other wallets using your CoinJar address or QR code. If you prefer to use a different wallet, you can transfer your Tether USDT from CoinJar to any other compatible wallet.

-Welcome to the Tether USDT club!

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How to buy Tether with CoinJar

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Frequently asked questions

What is Tether (USDT)?

Launched in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars, Tether is a stablecoin pegged to the value of the US dollar. This means its value is designed to remain stable, unlike other cryptocurrencies like Bitcoin Cash.

How do I buy Tether on CoinJar?

You can buy USDT directly on CoinJar using a credit card, debit card, or by depositing funds from your bank account.

Is there a minimum amount of Tether I can buy?

Yes, the minimum amount of Tether you can purchase will vary depending on the current market price and CoinJar's policies.

How can I purchase Tether on CoinJar?

You can easily buy Tether using funds from your bank account directly on CoinJar.

What blockchain networks does CoinJar support for Tether?

CoinJar currently supports Tether on Ethereum and EOS. You'll be able to choose your preferred network during your purchase.

Why is Tether's trading volume important?

High trading volume indicates strong liquidity, meaning it's easier to buy and sell USDT at stable prices. You can check USDT's trading volume on CoinJar or other exchanges.

How is Tether used in commodity futures trading?

Traders use Tether to quickly move funds between exchanges and hedge against the volatility of traditional currencies.

What are the total USDT tokens in circulation?

The amount of USDT tokens in circulation changes constantly. You can view the current number on various crypto data websites or on the Tether Transparency page.

Who is the current CEO of Tether?

The CEO of Tether Limited is Paolo Ardoino.

What is the EOS Liquid Network?

The Liquid Network is a sidechain of the EOS blockchain that offers faster transaction speeds and enhanced privacy features for USDT transactions.

Why would I use Tether instead of traditional currency for crypto trading?

USDT allows you to quickly move funds between exchanges without needing to convert to traditional currency, saving time and potential conversion fees.

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