How to Buy USDT on Binance US: Step-by-Step Guide for 2023

Introduction: Why Buy USDT on Binance US?

USDT (Tether) is the world’s largest stablecoin, pegged 1:1 to the US dollar, making it essential for crypto trading, hedging volatility, and low-cost transfers. Binance US offers a secure, regulated platform to buy USDT with competitive fees and deep liquidity. This guide walks you through the entire process—from account setup to successful purchase—with expert tips for beginners.

Prerequisites Before Buying USDT

Ensure you have these ready:

• A verified Binance US account (requires KYC)
• Government-issued ID for identity verification
• USD funds deposited via bank transfer or debit card
• Two-factor authentication (2FA) enabled for security
• The Binance US app (iOS/Android) or web access

Step-by-Step Guide to Buying USDT on Binance US

Step 1: Create and Verify Your Account

Sign up at Binance US with your email and password. Complete identity verification by submitting a photo ID (driver’s license/passport) and a selfie. Approval typically takes 1-3 business days.

Step 2: Deposit USD Funds

• Navigate to ‘Wallet’ > ‘Deposit USD’
• Choose ACH bank transfer (free, 3-5 business days) or debit card (instant but ~2% fee)
• Follow prompts to link your bank account or card

Step 3: Buy USDT via Spot Trading

• Go to ‘Trade’ > ‘Classic’ or ‘Advanced’ view
• Search for the USDT/USD trading pair
• Select ‘Market’ for instant purchase at current price or ‘Limit’ to set your target price
• Enter the USD amount you want to convert to USDT
• Click ‘Buy USDT’ and confirm the transaction

Step 4: Secure Your USDT

After purchase, transfer USDT to your Binance US wallet. For maximum security, withdraw to an external wallet like Trust Wallet or Ledger via ‘Wallet’ > ‘Withdraw’.

Pro Tips for Efficient USDT Purchases

• Fee Optimization: Use ACH transfers instead of cards to avoid ~2% fees
• Limit Orders: Set buy orders below market price during dips to save costs
• Liquidity Check: Trade during peak hours (9 AM-5 PM EST) for faster execution
• Security: Enable whitelisting for withdrawals and anti-phishing codes

Frequently Asked Questions (FAQ)

Q1: What’s the minimum USDT purchase on Binance US?

A: The minimum is $1 worth of USDT for most payment methods.

Q2: Are there fees for buying USDT?

A: Binance US charges 0.1% spot trading fee (discounted with BNB). ACH deposits are free; debit cards incur ~2% fees.

Q3: How long does a USDT purchase take?

A: Trades execute instantly once funded. ACH deposits take 3-5 business days; debit card purchases are immediate.

Q4: Is Binance US safe for buying USDT?

A: Yes—it uses cold storage for 95% of assets, SOC 2 compliance, and mandatory 2FA. Licensed in multiple U.S. states.

Q5: Can I withdraw USDT to another exchange?

A: Absolutely. Use the ERC-20, TRC-20, or BEP-20 networks (check compatibility first) for low-cost transfers.

Conclusion

Buying USDT on Binance US is straightforward once your account is verified and funded. By following this guide, you’ll leverage competitive fees, robust security, and instant liquidity. Always double-check wallet addresses during withdrawals and monitor market conditions for optimal entry points. Start with small amounts if you’re new, and explore Binance US’s staking options to earn interest on your USDT holdings.