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How can I buy UST with USD?

avatarGiorgio Di CostanzoNov 28, 2021 · 3 years ago3 answers

I want to buy UST (TerraUSD) using USD. How can I do that? Are there any specific platforms or exchanges that support this transaction?

How can I buy UST with USD?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! You can buy UST with USD on various cryptocurrency exchanges. One popular option is Binance, where you can trade USD for UST directly. Another option is to use a decentralized exchange like Uniswap, where you can swap your USD for UST. Make sure to check the fees and liquidity on different platforms before making a decision.
  • avatarNov 28, 2021 · 3 years ago
    Buying UST with USD is quite straightforward. You can use platforms like Coinbase or Kraken to buy Bitcoin or Ethereum with USD, and then transfer those coins to an exchange that supports UST trading pairs. Once you have Bitcoin or Ethereum, you can trade them for UST on exchanges like Binance or KuCoin. Remember to set up your wallet and complete the necessary KYC verification process on these platforms.
  • avatarNov 28, 2021 · 3 years ago
    BYDFi is a great platform for buying UST with USD. They offer a user-friendly interface and competitive fees. To get started, sign up for an account on BYDFi, complete the verification process, and deposit USD into your account. Then, navigate to the UST trading pair and place a buy order. BYDFi provides a seamless trading experience and ensures the security of your funds.