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How to buy Euro Tether (EURT) in the UK

Learn how to buy Euro Tether (EURT) in our step-by-step guide.

Euro Tether (EURT) is the 165th largest cryptocurrency by market cap, valued at US$220,714,675.

Euro Tether is a highly volatile asset capable of major price swings in a single day. Today EURT is trading for $1.075 USD, which is lower than yesterday's trading price of $1.08 USD. Over the past year, Euro Tether's price has seen an increase of 0%.

So before you buy Euro Tether, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy Euro Tether.

How to buy Euro Tether in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Euro Tether is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Euro Tether
    You can now exchange your funds for Euro Tether. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Euro Tether to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Euro Tether in the UK

Find an exchange to buy, sell and trade EURT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Kraken Cryptocurrency Exchange
Finder Award
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD, AED

222
cryptocurrencies

Go to site
View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Euro Tether guide up-to-date

  • EURT price data is regularly updated through data feeds so you always have the latest information.
  • Euro Tether performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Euro Tether?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Euro Tether?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Euro Tether.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing EURT with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Euro Tether?

The easiest way to buy EURT is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying EURT, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Euro Tether has been performing recently.

Best Euro Tether wallets to store your EURT

You can keep your EURT on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your EURT below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Euro Tether a good investment?

Cryptocurrencies are highly speculative assets that come with a range of risks. As a result, all altcoins should be thoroughly researched before any investment is made. Potential investors of EURT may want to consider the following:

  • EURT’s use case: The purpose of EURT is to offer a stable digital asset that tracks the true value of the Euro. It was developed as a stablecoin to be used to secure funds and transfer funds away from the unpredictable and highly volatile cryptocurrency market. As the token tracks the value of the Euro, investors should only purchase the coin if they wish to gain exposure to the fiat equivalent. The token should not be purchased with the expectation of long term capital gains.
  • Centralised: EURT is fully controlled by Tether Limited. It is the responsibility of Tether to ensure that each EURT is backed by a physical Euro so that the peg remains in place. Any issues with Tether Limited may, therefore, affect the stability of the token.
  • Possibility of censorship:As Tether Limited holds full control of EURT the company has the power to stop anyone from using the token. Although this action has been taken by Tether in the past, it has only been used when suspicious activity is detected. The issuing company has also stated that it regularly works with regulators to crack down on the suspicious activities of its users.
  • Tether controversy: Since 2016, Tether has come under heavy controversy over the rumour that reserves do not fully back the circulating supply of its stablecoins. Although the claims were never proven and the company claims to be audited regularly, past controversy may deter some investors from utilising EURT.
  • Regulatory awareness: While Tether Limited is compliant with current regulations, it is impossible to tell how future governments will adapt and react to developments of digital currencies. Governments have been known to change their stance on cryptocurrencies from time to time, which may affect the usable capacity of a stablecoin like EURT.

Additional information about Euro Tether can be found using our EURT analysis tools.

Today's Euro Tether price versus ATH

Compare today's price of Euro Tether ($1.075 USD) against its all-time-high price of $1.31 USD on 02 September 2021. The closer the bar is to 100%, the closer EURT is to reaching its ATH again.

Euro Tether's price: $1.075
ATH date: September 02, 2021
82.06%

Euro Tether ATH: $1.31


How to trade, convert or sell Euro Tether

You can convert or sell your EURT with the same exchange you bought it through:
  1. Sign in to the exchange you have EURT on.
  2. If you store your Euro Tether in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of EURT you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Euro Tether.
  6. Complete your transaction and move your EURT to a wallet for storage.
  1. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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