This article will guide you on how to buy and sell Tether (USDT) on Aliniex in the most detailed and easy-to-understand way for your convenience.
In this article, I’ll guide you on how to buy and sell Tether (USDT) on Aliniex. Before we begin, let’s learn a bit about this coin!
What is Tether (USDT)?
Tether (often abbreviated as USDT) is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Protocol layer. Each USDT unit is backed by one US dollar held in Tether Limited’s reserves and can be used through the Tether Platform.
USDT can be transferred, stored, and spent, just like Bitcoin or any other cryptocurrency. Users can transact and store it with any Omni Layer wallet like Ambisafe, Holy Transaction, or Omni Wallet.
Currently, USDT is not only used on the Omni platform but also on other platforms such as Ethereum and Tron to provide the fastest transaction speeds.
Aliniex also supports both Omni and ERC-20 platforms. Let’s see the instructions below.
Let’s get started!
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Guide on How to Buy and Sell Tether (USDT) on Aliniex
Step 1: Register an Account
First, you need an Aliniex account. If you don’t have one, please refer to this guide!
Read more: What is Aliniex Exchange? Complete Guide to Trading on Aliniex
Step 2: Deposit VND into your VND Wallet on Aliniex
To start buying USDT on Aliniex, you need to have VND in your account (minimum 10,000 VND). It takes about 1-5 minutes for the balance to be credited after you complete the transfer.
Step 3: Buy and Sell Tether (USDT) on Aliniex
How to Buy Tether (USDT)
First, go to the Aliniex homepage. Then, select the USDT coin.
On the list of sell advertisements on the left, click “Buy”. Immediately, the transaction window will appear. Now, you need to enter the amount of USDT you want to buy. Then press the “Buy USDT” button.
The USDT purchase transaction will be matched immediately.
In addition to buying directly from the list of sellers, you can also place your own buy advertisement and wait for the order to be matched. Your buy advertisement will be displayed on the right, with prices arranged from highest to lowest.
Note: If you click on an advertisement, it will only match that specific advertisement. It is not like Binance, where it matches from the bottom up or from the top down in a series. So, if the first advertisement does not have enough quantity for you to buy, you can buy all of that advertisement and then click to buy the next advertisements.
How to Sell Tether (USDT)
On the Aliniex homepage, select the USDT coin.
On the list of buy advertisements on the right, click “Sell”. At this point, the USDT sale window will appear. You just need to enter the amount of USDT you want to sell or click 100% if you want to sell all the USDT you have.
After carefully checking the amount of USDT you want to sell, click the “Sell USDT” button and the transaction will be matched immediately
To check your transaction history, scroll to the bottom of the page and select “Transaction History”. All your buying and selling history will be displayed in detail there.
Guide to Depositing and Withdrawing USDT on Aliniex
How to Deposit Tether (USDT)
Step 1: Log in to your account, go to the USDT wallet, and select Deposit.
Step 2: Copy the address to deposit USDT.
Choose the type of deposit wallet “ERC20 Address or OMNI”
*If you don’t have a wallet yet, click the “Create address” button.
How to Withdraw Tether (USDT)
Step 1: Log in to your account, go to the USDT wallet, and select Withdraw.
Step 2: Fill in the information to withdraw USDT.
- Receiving wallet type “ERC20 Wallet or OMNI Wallet”
- Recipient wallet address
- Withdrawal amount
- 2FA code
After entering all the information, click the “Send” button. Your USDT will be processed within a few minutes. The minimum amount you can withdraw each time is 5 USDT and the maximum is 10,000 USDT.
