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It is a simple process that can be done quickly. You will find your appointed pairs, and you can then acquire your USDT and spirit it off to cold or semi cold wallets for hodling or to use as normal dollars, but on a blockchain. Potential buyers should bear in mind that while the Tether company claims to have fiat currency reserves to back up all the Tethers in circulation, there is no concrete evidence of this. Ask an Expert. Although Tether is subjected to ever-increasing competition from other altcoins - both centralized and algorithmic - Tether will almost always be available. Once you have the crypto balance on Binance , proceed to Exchange — Advanced and select the USDT; Once that is selected, click on the appropriate pair that matches the crypto you have deposited, and open in order to buy USDT. Yet certain popular fiat payment options require verification, including Neteller, wire transfer, debit card and credit card payments. This premium caused USDT-paired bitcoin to trade a hundred or more dollars more than USD-paired bitcoin, creating a fair bit of havoc in the markets at the time. Exchanges can then provide Tether Pairs, and enable blockchain movement of fiat assets across networks and borders seamlessly. You would enter your unique Binance wallet address and select to send your funds. Please use one of the browsers below:. All the other characteristics of bitcoin are made possible with Tethers.