How To Buy USDT on Coinbase (Step by Step)
3K views
Feb 6, 2024
How To Buy USDT on Coinbase (Step by Step)
View Video Transcript
0:00
How to buy USDT on Coinbase Kara
0:02
Hey guys, welcome into this new video. In today's tutorial, I'm going to show you how you can buy the USDT token using your Coinbase account
0:13
So as you can see already into Coinbase account, if you don't have an account, I'm going to leave you the link it down in the description so you can have your own
0:20
Actually, it won't take more than five minutes. And after that, what you guys want to do is to go and scroll down until you find your assets
0:28
You're going to see your assets right in here. and here are the tokens that you have available. Now, if you want, if you're the first
0:33
if this is your first day in the Coinbase, you want to go and select this free dot
0:37
and go into profile and settings. Now, after that, what you're going to go
0:41
is into limits and features. Now, what you guys want to do is to enable
0:45
the three of those in order to make those kind of transactions. And in order to make the transactions
0:50
you need to verify your information, your account. After you've done that
0:54
you want to go back and go into the buy or the plus
0:59
Now, let's go and select the USDT token. If you don't see it in here, don't probably just go into USDT
1:06
Now, you might be wondering why I'm not seeing the USET token in Coinbase
1:10
There are a few regions there are few countries that are not available at the moment to USAT As you can see my country does not allow the USAT Coinbase I not pretty sure why But if you are in the same situation what you guys want to do is to look for the most used token
1:27
which in this case, I would be Bitcoin. So I'm going to go into Bitcoin and I'm going to buy the least of this Bitcoin
1:33
I'm going to go into buy now. In this case, I already have my payment method added, so it will take more than, let's say, 10 seconds
1:41
Okay, so I now have my Bitcoin. I'm going to go into my assets. I'm going to see that my Bitcoin is already in my account, so I'm going to just reload this page
1:49
And here we go. Our Bitcoin is right in here. So if you go into the trade side and select your Bitcoin, you're going to see that you're going to select the one that says trade and go into sell
1:59
Now, as I recall, you guys, in my country does not work the tradable one token for another token
2:05
You just can't make cash out. So in this case, I'm going to go back, and I'm going to do the third method that actually works on every single
2:12
single country so I'm going to do is to go back into trade and I'm going to select
2:17
the theta USDT and what I want to do is to buy this coinbase wallet instead
2:23
of trading it so I'm going to go into coinbase wallet so this one is going to
2:26
leave my coinbase trade so I can go into my coinbase wallet and buy this specific token now what I want to do is to enter my coin base and select the one that says buy or transfer I going to buy a transfer from us was I going to connect my Coinbase account
2:43
So after we are in here if you select the option that says buy a transfer
2:47
I don't recommend these guys because it's buying from the Coinbase So if you want to buy from the coinbase remember that we can't
2:54
directly buy USDT from Coinbase. So what I strongly recommend you guys is to do the conversion here in the
3:01
coin-based wallet. So as you can see, have like a few balance of coins if you want. You
3:05
can maybe buy another coin and afterwards you can make the conversion. So in this
3:10
case I'm going to select my DAI stable coin and what I want to do is to select the
3:14
option. This is convert DIA and I want to choose my coin. In this case I will be
3:21
the USET, Theta and I want to convert it all. And the last thing guys, I strongly
3:27
recommend you guys that you need a little bit more of tokens to make the transaction
3:31
because I'm going to show you why. If I go into Proceed to Face ID, it's going to show me the estimate amount
3:37
but it says that I need a total of $65 to proceed with the transaction
3:42
Actually, that's a little bit more higher than I expected. That because the transaction and the network are a little bit high sometimes You want to wait a couple minutes or hours but if you okay with this transaction just go ahead and hit into convert the other way that I can
4:00
strongly suggest you guys that you don't need to pay like fifty four dollars is
4:05
to send your money into another wallet so let's say you buy some Cosmos and some
4:11
Ethereum or some Bitcoin so what you guys want to do is to send all this money
4:15
I strongly recommend you guys to use maybe a meta-mind or trust wallet or crypto and after I receive my money what I want to do is to select
4:25
the token here in Metamask so I can make this swap for these specific tokens and
4:31
you can get your USDT and then you can send your USAT back into your coinbase wallet
4:37
so as you can see the estimate gas fee for the conversion is just $25 which actually
4:43
it's a little bit less than Coinbase wallet so I strongly recommend that you
4:48
guys check other options and after you make the conversion through your wallet you
4:52
just send it back into your Coinbase if you want to operate with the USDT in
4:57
Coinbase so there you have it guys don't forget to like and subscribe to this channel if you want to see more about Coinbase thank you for watching the video
5:04
and I'll see you guys on the next one
#Currencies & Foreign Exchange