How to Purchase Tether (USDT) using MultiversX (EGLD)

To buy Tether using MultiversX, first, find a cryptocurrency exchange that supports the USDT/EGLD trading pair, such as PrimeXBT, YouHodler, Binance or BTSE. Create an account, verify your identity, and deposit your EGLD into your exchange wallet. Locate the USDT/EGLD pair on the trading platform and place an order to exchange your MultiversX for Tether. If the USDT/EGLD pair is unavailable, you can first exchange MultiversX 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.