USDT—The Gateway to Crypto
USDT, a stablecoin pegged to the US dollar, is widely used as a medium for cryptocurrency transactions. Most investors rely on USDT to trade cryptocurrencies like Bitcoin and Ethereum, as fiat currencies are generally not supported directly on major exchanges. By purchasing USDT with fiat money, experienced investors can easily convert it into other crypto assets across exchanges.As a "gateway," USDT simplifies trading, enhances market liquidity, and boosts transaction volume. This makes it the starting point for many entering the crypto world.
How Can Beginners Buy USDT?
For newcomers, buying USDT (commonly called "U") is not straightforward. Using OTC (over-the-counter) channels often requires handling cash at exchange shops or with intermediaries, posing safety risks. Additionally, offline transactions tend to have fluctuating exchange rates and higher fees, leading to unnecessary costs for beginners.
In Hong Kong, the introduction of the Virtual Asset Service Provider (VASP) licensing regime has imposed restrictions on major exchanges for local users. For instance, Binance, OKX, and Huobi restrict Hong Kong users from accessing derivatives trading. Meanwhile, compliant local exchanges set high entry barriers—for example, HashKey Exchange requires a minimum investment of HKD 8 million for individual investors. As a result, strict compliance requirements and licensing standards make buying USDT through exchanges challenging for Hong Kong's novice investors.
P2P transactions in Hong Kong are also risky. Fraud and personal safety concerns are common. For example, buyers may forge payment receipts to trick sellers into releasing cryptocurrency, causing financial losses. Additionally, offline cash transactions may face risks such as robbery, especially in unsafe meeting locations.
In summary, whether through exchanges or OTC channels, buying USDT involves a range of unfriendly processes.
iSunOne: A Fast and Convenient Way to Buy USDT
iSunOne offers a quick, secure, and efficient way to purchase USDT (or “U”), making it ideal for beginners. The process is straightforward and can be completed in just 20 minutes:
Email Registration: Sign up with a valid email and activate your account by clicking the verification link.
KYC Verification: Submit ID documents and a selfie. The automated review typically takes about 5 minutes.
Buy USDT via FPS: After completing KYC, transfer funds via FPS (Hong Kong's Faster Payment System) to the platform. Funds are credited within seconds, enabling the purchase of USDT.
The entire process—from registration to buying—is seamless and usually takes no more than 20 minutes.
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