How do I buy Tether (USDT) with fastPay?

Published on 12 Mar 2024Updated on 27 July 20243 min read53

PPRO's fastPay payment service enables users to quickly and securely send money online using a variety of payment options, including credit and debit cards, bank transfers, and e-wallets. It's frequently used for buying and selling USDT on our P2P Trading. fastPay offers a variety of payment methods in addition to simplicity and security to accommodate the needs of various consumers. fastPay has made a name for itself as a reliable source of international payment solutions and a reliable option for online financial transactions.

How can I buy Tether (USDT) with fastPay?

  1. Create an OKX account: learn how you can create an account here

  2. Verify your OKX account: visit here to find out how you can verify your account

  3. Look for the best deals:

    • Ensure the Buy option is selected once in our P2P Trading marketplace.

    • Select fastPay, USDT, and your desired fiat type to generate all offered deals.
      Note: you can further filter the results by indicating your preferred fiat amount.

    • Select your best offer to start the deal.

  4. Receive USDT:

    • In the pop-up box, enter the appropriate amount of USDT and your selected payment method, making sure to select fastPay in the payment method field.

    • Select Buy USDT to finish your purchase.
      Note: your acquired USDT tokens will be put into your Funding Account as soon as the vendor confirms payment.

FAQ

What's USDT and why is it useful?

USDT is a stablecoin that is pegged to the value of the US Dollar. It's designed to maintain a stable value and minimize the volatility often associated with cryptocurrencies. USDT is commonly used as a medium of exchange, a store of value, and a unit of account, and it's widely accepted on various cryptocurrency exchanges.

Is there a maximum amount of USDT I may purchase with fastPay through P2P Trading on OKX?

There are no set restrictions on how much USDT can be purchased with fastPay on our P2P Trading. However, each seller may have a cap on how much USDT they are ready to sell in a single exchange. Additionally, your payment service provider may place a limit on how much money can be moved in a single transaction or over a specific timeframe. In order to fully understand any potential trade-related restrictions, it's important to verify both the seller's listing and your payment service provider's terms.

Can I cancel a USDT purchase on OKX P2P Trading after it has been initiated?

It's important to carefully review and confirm your USDT purchase on OKX before initiating the trade, as it's generally not possible to cancel a trade once it has been initiated. However, if you need to cancel the trade for any reason, you may be able to do so by contacting the seller through our P2P Trading's messaging system. The seller may be willing to cancel the trade and return the funds to you, but this isn't guaranteed and will depend on their discretion.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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