Why buy Tether with Kraken?

About Tether

What can you do with Tether?

Swap Tether for other assets

Learn more about Tether

1. How does Tether work?

   Unlike traditional currencies, Tether is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Tether. This decentralization means the holders and users of Tether can help to maintain the network.

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2. Where can I buy Tether?

   Most find that the easiest and most secure way to purchase Tether is through a reliable cryptocurrency platform like Kraken. While Tether can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Tether.

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3. How much does it cost to buy 1 Tether?

   At the current market rate, it costs $1.01 to purchase one USDT. Kraken makes it easy to buy & sell Tether with confidence.

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4. Can I buy $100 worth of Tether?

   Yes, Kraken offers a secure and easy to buy $100 worth of Tether. At its current price, $100 equals 99.4 USDT.

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5. Is Tether safe to buy?

   The Tether price can change dramatically based on market conditions. You should do your own research on Tether before buying.

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6. Is Tether available to buy and sell in my country?

   To find out if Kraken offers Tether in your region, please check our Support article to see what cryptoassets are available in your country.

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7. Is Tether a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Tether may be a worthwhile purchase.

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8. Can I purchase Tether using my local currency?

   Kraken supports six different government-issued fiat currencies including:

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

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9. What are the transaction fees for buying Tether?

   Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.

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10. What is the minimum amount of Tether I can buy?

    You can buy as little as $10 worth of Tether on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Tether regularly.

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11. Can I buy Tether with a debit card?

    You can buy Tether using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

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12. Can I buy Tether with other cryptocurrencies?

    Yes, Kraken makes it easy to purchase Tether using hundreds of other cryptocurrencies. Browse the Tether markets available on Kraken to see how much it costs to buy Tether with other cryptocurrencies.

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13. How can I keep my Tether safe?

    While we believe the safest place for your crypto is in your own cold wallet, we strive to be as transparent and secure as possible when you trust us with your Tether. When you choose to keep your Tether on Kraken, it is secured by our globally-recognized security standards.

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14. Will I owe taxes when buying and selling Tether?

    Each country handles cryptocurrency taxes differently. It’s recommended you speak with a local professional tax advisor before making any digital asset purchases or reporting your crypto taxes.

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15. Can I transfer Tether from Kraken to my crypto wallet?

    Yes, the Tether you buy on Kraken is yours. Kraken makes it easy to withdraw your Tether to any hot wallet or cold wallet that supports Tether. Simply enter the external wallet address and your Tether will be in your wallet a few moments later.

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16. Is it safe to leave my Tether on Kraken?

    We take every measure possible to keep the Tether you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Tether. Learn more about our globally-recognized security standards.

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17. What is the current circulating supply of Tether?

    The current circulating supply of Tether is 136,359,990,824 USDT.

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