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How Can I Buy USDT in Kenya?

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Topit platform helps you to easily buy usdt in Kenya. Buy tether in KES using mobile money, M-PESA, and local bank transfers at highly competitive rates. 


 

Many people want to invest in cryptocurrency but are scared of volatility. Thankfully, Tether (USDT) is one of the most stable coins of all time and has become the perfect option for many investors in Kenya.    


Tether (USDT) is pegged 1:1 with USD, meaning you'll always get one unit of Tether when you convert $1 worth of any other cryptocurrency into it.    

This article will explain everything you need to know about Tether, and the best way to buy USDT in Kenya. Let's get started.   

What is Tether (USDT)?   

Tether or USDT is an asset-backed cryptocurrency whose primary objective is to bring a stable alternative to currencies with fiat-based value. Similarly, it's referred to as a "pegged currency" or stable coin because its value is pegged to fiat currencies such as US Dollar (USD), Euros (EUR), and the Japanese Yen (JPY).   

 

Not only that, but since the Tether (USDT) is pegged to the US Dollar, one Tether equals $1. This helps to create lower volatility in the cryptocurrency market.   

What is Stablecoin?   

A stable coin is a cryptocurrency that has relatively low volatility. That is, its price does not rise and fall rapidly. With the recent wave of cryptocurrencies, there is a growing need for stable and viable currencies that can be used for everyday purchases and transactions.   


In addition, Stablecoins like Tether is essentially for people (investors, traders, merchants) who are looking to hold their funds in a way that isn't prone to the rapid volatility that defines the crypto marketplace.   


For example, most crypto investors who don't want to suffer extreme volatilities associated with other cryptocurrencies use Stablecoins such as Tether (USDT). This makes the Tether (or other Stablecoins) an accessible medium of exchange and a stable store of value rather than speculative investments.   

How does Tether (USDT) work?   

Tether (USDT) functions somewhat differently from other cryptocurrencies in that its value is meant to remain the same.   

Theoretically, this means that if you have USDT, you can use them just like you would use US dollars.   


The difference, however, is that the value will not change over time. On top of that, Tether (USDT) is issued on the Bitcoin blockchain through the Omni Layer Protocol, which makes it easy to convert your dollars into tokens.   

 

The Tether platform allows users to store, send or receive digital tokens denominated in fiat currencies like the US dollar, the Euro, and the Yen. The technology behind Tether allows users to transact with other cryptocurrencies more familiarly while leveraging the security of blockchain technology to provide users with protection against price volatility.   

What are the advantages of Tether (USDT)?   

There are several reasons why most individuals and businesses prefer tether. Let's break it down:   

  • USDT is reliable and secure   

Tether is one of the most secure systems for buying and selling coins because it's built on the blockchain network.   

What's more, the company adheres to strict KYC and AML guidelines which add to its security.   

Users are required to provide KYC and AML documents before creating an account. If they fail to do so, it is impossible to trade on the platform.   

  • USDT offers transparency   

Another advantage of the Tether token is that it's backed by US dollars. One USDT is equal to one US dollar.   

This means buyers know what they're purchasing.   

Also, the company controls, manages, and publicly shares details of all coins in transactions, which reaffirms the buyer's confidence.   

  • Tether is widely accepted   

Tether (USDT) is widely accepted across the world because it is compatible with any wallet or exchange that supports Bitcoin or any other major cryptocurrencies.    

That's not all, Tether (USDT) has a market cap of about $69.43 billion which makes it easy for users to buy and sell.   

How can I buy Tether (USDT) in Kenya?   

You can easily buy Tether (USDT) in Kenya and pay in your local currency using Topit.    

 

To get started, follow these steps:   

  • Securely log into your Topic wallet (keep reading, if you don't have one), then click on "Buy Crypto".   
  • Select the cryptocurrency (USDT) that you'd like to buy from the list of supported cryptocurrencies.   
  • Key in the quantity of cryptocurrency (USDT) that you’d like to buy. The fiat equivalent will be displayed.   
  • Last, click on "buy" and proceed.   


With Topit, you have multiple options of funding your wallets, either with bank transfer or M-Pesa mobile money.   

Also, note that Topit doesn't charge fees on deposits. We charge competitive fees only on withdrawals.   

You can sign up for an account with Topit in three easy steps:   

  1. Go to our website: www.topit.africa and click on "Get Started".   
  2. Input your details, upload the required KYCs   
  3. Lastly, wait for our team to approve your account.   

Why should I buy Tether (USDT) using Topit?   

If you are looking to buy USDT in Kenya, there are several reasons why you should consider Topit.   


Let's take a look at a few:   

  • Topit, as a company, has excellent customer service that responds promptly to its customers. You can easily reach out to the company through email or chat with them on the webchat. The company is highly responsive to customer inquiries.   
  • Topit is highly liquid and offers a fast payment system. When you top-up your account, Topit credits you with USDT automatically.   
  • That's not all ; Topit also gives easy access to individuals and companies with the new financial system, which is borderless, efficient, and not marred by many intermediaries.   

Wrapping Up   

Tether (USDT) is one of the most stable cryptocurrencies in the market today. And this makes it more attractive to investors worldwide.    


If you want to buy Tether (USDT) in Kenya, you need to sign up in a crypto exchange.  Topit is a tested and trusted crypto exchange that allows you to securely and seamlessly buy Tether in Kenyan shilling.    



 

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