Where’s the best place to buy Tether (USDT) in the UK?
If you’re looking to buy USDT with GBP, then there are fewer places that you can get it than you might expect. (Especially considering that Tether was the first stablecoin to exist).
In this short guide, I’ll go through the best places that you buy USDT in the UK.
Short Version: Buy USDT in the UK
Here are the cheapest places that you can buy Tether (USDT) in the UK with GBP.
|Provider||Payment Method||Fees (Approx)|
|Coinbase Pro||UK Bank Transfer||< 1%|
|Kraken||UK Bank Transfer||< 1%|
|CoinJar||UK Bank Transfer||1%+|
|CoinJar||Credit & Debit Card||2%+|
|Crypto.com||UK Bank Transfer||Variable|
|Crypto.com||Credit & Debit Card||2.99%+|
|BC Bitcoin||UK Bank Transfer||3% (Exclusive Discount)|
|Cryptomate||UK Bank Transfer||Variable|
Coinbase Pro and Kraken are the stand-out options here. They’re both well-established cryptocurrency exchanges that support GBP deposits via UK bank transfers (FREE to transfer) and have low trading fees. In addition to Tether (USDT), both of these crypto exchanges allow you to buy, sell, and store dozens of other cryptocurrencies too.
But neither of those options are beginner-friendly. If that’s what you’re after, then CoinJar is worth checking out. This allows you to buy Tether (USDT) and a growing number of other cryptocurrencies with a UK bank transfer, credit card, or debit card.
Read on for more detail about these two best ways to buy Tether (USDT) in the UK.
Long Version: Best Places to Buy Tether in the UK
1. Coinbase Pro
In 2021, Coinbase Pro is one of the best places in the UK where you can buy Tether (USDT) with GBP. I’ve also recently ranked it as one of the best cryptocurrency exchanges in the UK.
The only downside?
Like on other cryptocurrency exchanges, your first GBP deposit will take longer to be processed – but thereafter, my deposits have arrived within minutes.Coinbase Website
Kraken has been on the crypto-scene since 2011, making it nearly a decade old. In the UK, it’s a good choice if you’re looking to buy USDT or a number of other cryptocurrencies.
Once you’ve registered and got all the ID verification out of the way, you can just deposit GBP using a simple bank transfer and then buy Tether (USDT) at the real exchange rate with barely any fees (max 0.26%). You’ll get charged lowers fees depending on how much you’re trading (find out more here).
As already mentioned, Kraken is a great choice – and not just for buying Tether (USDT).
Head over to their website to learn more and/or signup.Learn More
CoinJar is another cryptocurrency platform that’s been around a while (since 2013).
In the UK, you can use CoinJar to buy, sell, and store Tether (USDT) and a growing number of other cryptocurrencies – including Bitcoin (BTC), Ethereum (ETH), Compound (COMP), and more.
You can deposit GBP into your CoinJar account using a UK bank transfer. This is the lowest cost option, as you’ll only be charged a 1% fee when buying Tether (USDT) and other cryptocurrencies with your account balance.
Alternatively, you can use a credit or debit card to instantly buy Tether (USDT) and other cryptocurrencies. While this is more convenient, you’ll pay a slightly higher fee of 2%.
The exchange rate you’re quoted when buying or selling anything on CoinJar is the best price available on exchange (CoinJar Exchange). This can sometimes be above the best price available in other places, so always double-check it before committing to the purchase.CoinJar WebsiteCoinJar Review
Crypto.com is an awesome app that allows you to buy Tether (USDT) and 100+ coins.
The cheapest way for UK residents to get GBP into the Crypto.com app is with a UK bank transfer. This is completely free and means that you can buy Tether (USDT) without paying any explicit fees.
Alternatively, you can use a credit or debit card to instantly buy Tether (USDT). This added convenience comes at a cost though, as you’ll normally be charged 2.99% in fees to buy any cryptocurrency using a card using the Crypto.com app.
But FYI: I’ve recently noticed that the prices you’re quoted do NOT mirror the real exchange rate (i.e., the mid-market price). When I’ve checked, I’ve found that I was (consistently) being quoted prices that were 1% (or more) higher than they should be.
You can download the app, register, and sort out identity verification in less than 10 minutes.Download Crypto.com AppCrypto.com Review
Thanks For Reading
Thanks for checking out this quick guide on how to buy Tether (USDT) in the UK.
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