Today, the purchase of Tether TRC20 is chosen by many of those who decide to invest in cryptocurrency assets, and one of the most exciting ways for users is to pay with a Kaspi Bank card. On the page, let’s see how best to transfer from Kaspi Bank KZT to Tether TRC20 (USDT).
Transferring from Kaspi Bank KZT to Tether TRC20 through an exchange
Just like that, transferring money to a Tether TRC20 wallet will not be possible, even from an international payment system with seemingly limitless possibilities. This will require the participation of intermediaries. The first of the possible options attracts exchange users because these are just specialized platforms for buying electronic currencies.
Cryptocurrency Tether is sold on all known exchanges. To make a purchase, you need to register on the trading platform. To do this:
- fill out the form;
- give an email address to receive instructions/confirmation for entry;
- follow the link;
- activate your account (the principle of registration is almost the same for everyone).
Further, it will be possible to tie up a Kaspi.kz card to replenish the exchange account. Please note that fees are charged for depositing funds. When the money goes into the wallet on the exchange, you can purchase the cryptocurrency of interest.
The inconvenience of working with crypto exchanges is the need to pass verification (verification of identity by uploading documents: passports, ID, driver’s license). Also, the additional conditions of the platforms become a minus.
For example, Bitfinex requires a deposit of $10,000, while Coinbase takes 4% plus for this platform for mediation. Since 2018, Kaspi Bank systems have had a special rule – buying cryptocurrency is equivalent to cashing out money (you will have to pay a percentage set for cash withdrawals). The third nuance is that not every exchange will accept a transfer if you have a ruble bank card, i.e., the search is limited.
Making a deal through exchangers
You can go a more straightforward way – to transfer from Kaspi Bank KZT to Tether USDT stablecoin in the TRC-20 network through any of the exchangers presented on bestchange.com/list.html, where you can find the exchange sites.
The procedure for working with them is much easier and faster; some inconvenient conditions for the client are excluded, and no verification is often provided.
The only caveat is the exchange at a higher rate, which at first glance may seem unprofitable, but when comparing the “pros” and “cons” of working with exchanges and exchangers, it may turn out that everything is not so wrong. Exchange services are an ideal option for beginners and those planning to invest in cryptocurrency periodically, just for savings and small amounts!
It is not difficult to transfer from Kaspi Bank KZT to Tether TRC20. For this purpose, intuitive service interfaces have been developed, and instructions and tips are provided. You can safely swap Tether from the card.
Risks and how to avoid them?
Perhaps the increased risks of running into scammers scare off potential clients of exchangers the most. There are many sad cases when would-be cryptocurrency buyers transferred money to the account indicated by the service but did not receive Tether in return.
There is a simple secret of how not to become a victim of scammers. To do this, you can go to any specialized monitoring portals for profitable exchangers, for example, bestchange. These are independent resources, and the rating that you can look at includes only functioning exchangers verified by the security system.
Thus, you will ensure your safety when exchanging, but even in this case, before cooperating with the exchange service you like, pay attention to two points: currency reserve and reviews.