Tether (USDT) is a type of stablecoin. Its key purpose is to facilitate the transaction with a rate set on the USD. Each USDT unit is supported by the USD in Tether Limited reserves, which this company was registered in Hong Kong in November 2015. New USDT enters the system while the Tether company mints it. Crypto traders love it because this is a gateway to enter the crypto market. There are plenty of ways to buy USDT in Hong Kong. Yet, make sure you find trustworthy partners.
In the market, there are a myriad of scams to make USDT exchange. Here are some tips to pick the reliable partners. When you choose the crypto trading platform or service, you should check if it possesses a solid business plan. Abiding related compliances and completing all Know-Your-Customers are must. Meanwhile, they should not violate the privacy law. Plus, it’s always good to check if they have imposter websites or fake mobile apps. Here are the handpicked well-trusted platforms to buy USDT in Hong Kong safely.
Top picked reliable platforms to buy Tether
As a member of BC Group (Stock code: 863 HK), OSL is Asia’s leading digital asset platform based in Hong Kong providing SaaS, brokerage, custody and exchange services. It offers exchange services to professional and institutional investors in different countries, including Brazil, Colombia and more. Investors in Hong Kong can definitely buy USDT through OSL’s platform.
AAX is the world’s first digital asset exchange to be powered by LSEG Technology. Offering OTC, Spot, and Futures trading, quoting more than 70 cryptocurrency pairs and listing 5 perpetual futures contracts for Bitcoin, Ether, Litecoin, XRP, and EOS, which can be traded with up to 100x leverage. Since AAX provides a secure, deeply liquid, ultra-low latency and fully compliant trading platform, you can buy USDT there. Also, AAX provides AAX Mobile App for investors’ easy trading on electronic devices.
It is a leading crypto asset exchange supporting fiat currency based in Hong Kong. Besides, USDT PRO is a digital asset exchange in Hong Kong that accepts HKD, USD and RMB deposits and withdrawals. Trusted by millions of users from all over the world which allows USDT PRO to become one of the largest digital asset exchanges in Asia. You can buy USDT via USDT Pro.
USDT Pro has no hidden cost and can settle the trades less than 15mins. Also, it abides with AML, KYC, and other global compliance standards. If you want to buy USDT through a flexible payment option, USDT Pro is a choice for you.
Huobi Group is a leading global digital asset financial service provider, with a cumulative turnover exceeding 1.2 trillion USD as of August 2019. In August 2018, Huobi Group acquired Hong Kong-based listed company Pantronics Holdings Ltd (01611.HK). It is not only available in the U.S as Hong Kong USDT investors can also have the options of nearly 350 cryptocurrencies for buying, selling, and trading. It also provides access to margin and futures trading, trading bots, and over-the-counter (OTC) trading on the platform.
Genesis Block Hong Kong
Some investors buy USDT at Genesis Block which is a Hong Kong-based Over the Counter (OTC) trading center of digital assets. Wincent Hung, Director of Genesis Block Hong Kong shared with us Hong Kong’s positioning of Bitcoin ATMs and the key for qualified crypto custodians in Hong Kong. Genesis Block has an average daily Bitcoin transaction of 360k and $1.1T Bitcoin market capitalization. So, the platform is trustworthy and safe for USDT trading.
There is a range of digital asset exchange platforms in the market. Pick one wisely to buy USDT at the best rate.