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How to buy Tether (USDT) in Malaysia

Updated on:  2024/11/02 12:32:38(UTC+0)
Coin rating
4.2
Bitget is legally accessible in Malaysia. You can buy Tether in Malaysia through Bitget.
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In this tutorial, we will discuss:
1
Where and how to buy Tether in Malaysia
2
Alternative methods to obtain Tether in Malaysia
3
Methods to obtain Tether for free
4
What are the applications of Tether in Malaysia
5
Market stats to assist in determining optimal times for purchasing Tether
6
How to safely store your Tether
7
How to withdraw Tether

Where and how to buy Tether in Malaysia

Investing in Tether has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Tether. Here's a step-by-step guide on how to buy Tether on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Tether order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget App image 1Credit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 1Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget App image 2Add a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 2Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Tether order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Tether is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Tether order.
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How to buy crypto via third-party gateway
Buy Tether via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Tether order.
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How to buy crypto on Bitget P2P
Buy Tether with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Tether order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Tether in your Bitget spot account

If you've chosen to purchase Tether on Bitget, your Tether will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Tether in Malaysia

In addition to purchasing Tether directly, there are numerous other ways to obtain Tether.

Convert crypto to Tether with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Tether. Just choose your available crypto assets, specify the amount for the Tether swap, confirm, and check Tether instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Tether with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Tether anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Tether.

Methods to obtain Tether for free

Using real money to buy Tether is not the only way to obtainTether. If you have the time to allocate, you can get Tether for free.
Learn how to earn Tether for free through the Learn2Earn promotion
Earn free Tether by inviting friends to join Bitget's Assist2Earn promotion
Receive free Tether airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Tether through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Tether Price Page and bookmark them to stay updated!
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A welcome pack of 6200 USDT for new Bitgetters!
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How to buy Tether in other countries?

You can easily buy Tether (Tether) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Tether in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at mail@bitget.com. Last checked on 2024-11-02.

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Tether?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Tether

Many users hold on to their Tether with the expectation of it increasing in value. You can store your USDT safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Tether

You can trade Tether for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Tether trading to meet your needs.

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Send Tether

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Tether online and send to anyone and anywhere with their Tether address.

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Spend Tether

You can also buy goods and services with your Tether. More and more vendors and retailers accept Tether every day.

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Donate Tether

Bitget Charity accepts Tether donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Tether so no one misses out on the growth made possible by blockchain.

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Learn More About Tether

You can read more in-depth articles on Tether from Bitget Research and study how cryptocurrencies like Tether work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Tether

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Tether facts from our Bitget Academy articles. Learn why people buy Tether today!

What is Tether (USDT)?

Tether (USDT) is the third largest cryptocurrency (after Bitcoin and Ether) and the largest stablecoin by market capitalization. Tether is a USD-pegged stablecoin, meaning that 1 Tether can be exchanged to USD at an approximate 1:1 ratio.

The coin was created in 2014 with the original name of "RealCoin", but was rebranded to Tether later that year. The organization behind USDT is iFinex, a company incorporated in HongKong that owns the BitFinex exchange. In the beginning, Tether was launched on the Bitcoin blockchain and could only be traded on that network, but after years of development and expansion, it is now available on commonly-used blockchains.

Since the birth of Tether USD or USDT, there have been more Tether stablecoins created for gold, Euro, Mexican Peso, British Pound Sterling, and offshore Chinese Yuan.

How Tether (USDT) Works

USDT is pegged at a 1:1 ratio with USD. So that users can actually exchange from USD T to USD seamlessly anytime, the company Tether maintains a dollar in cash and assets in reserves for each USDT issued, as well as regulates the supply of USDT through minting and burning.

Even though USDT is the biggest stablecoin in the world and has a clear working mechanism in theory, the transparency and the actual value of its reserves has been a topic of dispute for some time.

How Many Tether (USDT) Tokens Are in Circulation?

USDT does not have a maximum total supply because the amount of USDT issued is dependent on the total value of assets in the Tether's reserve. The current amount of USDT in circulation is 67.95 billion.

How to Buy Tether (USDT)

Consider investing in Tether (USDT)? It only takes 2 minutes to create an account on Bitget and start trading USDT.

Check out the available USDT trading pairs on Bitget!

Futures market

BTCUSDT

ETHUSDT

Spot market

BTCUSDT

ETHUSDT

BGBUSDT

Tether (USDT) Resources

Official Website

Official Documents

Buy Tether in Malaysia with Bitget 

How to safely store your Tether

After purchasing your Tether, you have several options for managing it. You can store it in your personal crypto wallet or keep it in your Bitget account. Some investors choose to hold onto their Tether for long-term growth. For enhanced security and risk management of your USDT assets, consider using Bitget Wallet, known for its top-tier protection supported by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors.
Here's how you can manage your USDT on Bitget:
1. Storing your Tether:
  • Sign up and transfer USDT to your Bitget account.
  • Alternatively, use Bitget Wallet as a self-custody solution for your USDT.
2. Trading and earning:
Trade Tether for other cryptocurrencies or stake USDT on Bitget Earn to earn passive income.
Sign up now to benefit from secure Tether management with Bitget.

How to withdraw Tether with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Tether or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Tether you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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Malaysia is a country in Southeast Asia, consisting of thirteen states and two territories with a population of 33,871,431. Malaysia is bordered by Thailand, Indonesia, Singapore, and Vietnam. Kuala Lumpur is the ceremonial, legislative, and judicial capital and largest city. And the official capital is Putrajaya.

The currency of Malaysia is the Ringgit (MYR). It does only take a few minutes to buy Tether(USDT) or other cryptocurrencies on Bitget by MYR, including Crypto Deposit, P2P Trading, and Third-Party Payments (using your own credit card, Apple Pay or Google Pay.)

Whether you're in Kuala Lumpur, Putrajaya, Kuching, Ipoh, and George Town…Bitget is ready to serve any kind of need in cryptocurrency, no matter P2P, spot, or futures trading.

Malaysian Malay, a standard variety of Malay, is the country's official language. English remains an active second language. And the Bitget app and website are available in English.

Malaysia is divided into two parts by the South China Sea, Peninsular Malaysia, and Borneo's East Malaysia. Wherever you are in Malaysia, there is no better place to trade cryptocurrencies or crypto futures than right here with Bitget, which has already acquired the U.S. MSB License, Canada MSB License, and Australia (DCE) License.

Malaysia is the ex-colony of Great Britain. Malaysians, Chinese, and Indians are the major population of Malaysia. Petronas Twin Towers at Kuala Lumpur, Perhentian Islands, Sipadan Island, and Penang Hill are the most famous attractions in Malaysia.

FAQ
How do I purchase Tether?
Nowadays, you can purchase and store Tether hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Tether. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Tether?
In theory, Tether can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Tether?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Tether?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Tether?
The best place to buy Tether is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Tether right now?
You should make a decision on purchasing or investing in Tether or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Tether online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Tether instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Tether purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.