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

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