How to Purchase Tether (USDT) using BNB (BNB)

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