How to Purchase Optimism (OP) using Tether (USDT)

To buy Optimism using Tether, first, find a cryptocurrency exchange that supports the OP/USDT trading pair, such as Nexo, YouHodler, Binance or BTSE. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the OP/USDT pair on the trading platform and place an order to exchange your Tether for Optimism. If the OP/USDT pair is unavailable, you can first exchange Tether for a stablecoin like USDC (USDC) or a fiat currency, then trade that for Optimism. 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.