This guide provides a clear, step-by-step process for purchasing Tether (USDT) in Chile. Whether you are new to cryptocurrency or looking for a reliable method to acquire USDT, you will find the necessary information here to do so securely and efficiently.
By the end of this article, you will understand:
- How to set up a cryptocurrency exchange account
- The best way to buy USDT using a credit card
- Methods for purchasing USDT with cash or bank transfer
- Recommended wallets for storing and using USDT
Let’s get started.
How to Buy USDT (Tether) in Chile Using Binance P2P
Binance P2P is one of the most popular platforms for buying and selling USDT in Chile. It offers a secure environment for peer-to-peer transactions with various digital currencies, including USDT.
Step 1: Register on Binance
To begin, you need to create an account on Binance. Complete the registration form with your basic details. After submitting, you will receive a confirmation email to verify your account.
Step 2: Verify Your Account
Account verification is required to use Binance P2P. You will need to upload a photo of your government-issued ID. This step ensures security and compliance with financial regulations.
Step 3: Purchase USDT
Once your account is verified, navigate to the P2P trading section. Select USDT as the cryptocurrency you wish to buy. Then, choose your preferred payment method—options include bank transfer, credit card, and other local payment solutions.
You will see a list of offers from other Binance users. Compare prices, payment methods, and seller ratings to select the best option.
Step 4: Complete the Transaction
After choosing an offer, enter the amount of USDT you want to purchase and provide the required payment details. The seller will be notified and must confirm receipt of payment. Once confirmed, the USDT will be released to your Binance wallet.
Step 5: Start Using USDT
You can now use your USDT to trade other cryptocurrencies on Binance, make online purchases, or transfer funds to other wallets.
How to Buy USDT in Chile with a Credit Card on Binance
Binance supports direct purchases of USDT using credit or debit cards. This method is fast and convenient.
Step 1: Sign Up for Binance
If you haven’t already, register for a Binance account. The process is straightforward and requires an email address and password.
Step 2: Complete Account Verification
Verify your identity by providing a photo ID and a selfie. This step is mandatory for higher transaction limits and added security.
Step 3: Deposit Funds via Credit Card
Go to the "Buy Crypto" section and select "Credit/Debit Card." Choose Chilean Peso (CLP) as your currency and enter the amount you wish to spend. Follow the prompts to complete the payment.
Step 4: Buy USDT
After your deposit is successful, go to the trading interface and select the USDT/CLP trading pair. Enter the amount of USDT you want to buy and confirm the transaction.
Step 5: Withdraw or Use Your USDT
You can keep your USDT in your Binance wallet or withdraw it to an external wallet for safekeeping.
How to Buy USDT via Bank Deposit on Binance
For those who prefer using bank transfers, Binance allows you to deposit CLP directly and then buy USDT.
Step 1: Register and Verify Your Account
Create and verify your Binance account as described in the previous sections.
Step 2: Initiate a Bank Deposit
Navigate to "Wallet" and then "Fiat and Spot." Click on "Deposit" and select "Chilean Peso (CLP)" as the currency. Choose bank transfer as the method and follow the instructions to generate a deposit reference.
Step 3: Transfer Funds from Your Bank
Use the provided reference to transfer funds from your Chilean bank account to Binance. Processing times may vary depending on your bank.
Step 4: Purchase USDT
Once the deposit is reflected in your account, go to the trading section. Select USDT/CLP, enter the amount you wish to buy, and execute the trade.
Step 5: Secure Your USDT
After purchasing, you can store your USDT in your Binance wallet or transfer it to a private wallet for enhanced security.
👉 Explore secure trading methods
Frequently Asked Questions
What is USDT?
USDT, or Tether, is a stablecoin pegged to the US dollar. It is widely used for trading, remittances, and as a safe-haven asset during market volatility.
Is it legal to buy USDT in Chile?
Yes, buying and holding USDT is legal in Chile. However, it is important to use compliant platforms and declare earnings for tax purposes.
What is the best payment method for buying USDT?
Credit card purchases are fastest, while bank transfers often have lower fees. P2P trading offers flexibility in payment options.
How long does it take to buy USDT?
Credit card purchases are instant. Bank deposits may take 1–3 business days. P2P trade completion depends on the seller’s response time.
Can I store USDT outside an exchange?
Yes. Using a private hardware or software wallet is recommended for large amounts for added security.
Are there transaction limits?
Yes, limits vary based on your account verification level and the payment method used. Check Binance’s current policies for details.
This guide covered the main methods for buying USDT in Chile. Always use reputable platforms, enable two-factor authentication, and start with small amounts if you are new to cryptocurrency.