Beginner’s Guide to buying USDT on Kraken with fiat
1. Go to www.kraken.com
2. Sign Up for an account
3. Fill in all your personal information
4. Press ‘Get Verified’ to begin your account verification process. In order to deposit USD, you must verify your account to Tier 2.
5. Scroll downwards to see the requirements for each verification tiers
6. Once verified you can press ‘Funding’ to choose the currency you wish to deposit
7. Choose the fiat currency you wish to deposit
8. Select ‘wire transfer’ to see bank details on where to deposit your fiat currency.
9. Once your account has been credited with the respectively fiat currency deposit you can now make a trade. Select ‘Trade’ – ‘New Order’ and select the trading pair you wish at the top left corner.
** Note that Kraken doesn’t accept USD deposit AND they only offer USD/USDT pair. Therefore we must first make a few extra trades before we can get some USD in our disposal.
10. Purchase some BTC with your credited fiat currency.
11. Purchase USD with the BTC you have newly traded.
12. Now you are ready to make the USD/USDT trade.
13. If you wish to withdraw the USDT you have purchase you can select ‘Funding’ – ‘Withdrawal’ - ‘USDT’.
14. Fill in and review the details on the address you wish to send your USDT to and the press ‘Confirm’.
That’s it folks, have fun trading!