How to Purchase NEAR Protocol (NEAR) using Tether (USDT)

To buy NEAR Protocol using Tether, first, find a cryptocurrency exchange that supports the NEAR/USDT trading pair, such as Nexo, PrimeXBT, YouHodler or Binance. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the NEAR/USDT pair on the trading platform and place an order to exchange your Tether for NEAR Protocol. If the NEAR/USDT pair is unavailable, you can first exchange Tether for a stablecoin like USDC (USDC) or a fiat currency, then trade that for NEAR Protocol. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.