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How to buy TrueUSD (TUSD) in the UK

Learn how to buy TrueUSD (TUSD) in our step-by-step guide.

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

TrueUSD (TUSD) is the 31st largest cryptocurrency by market cap, valued at US$2,040,658,489.

TrueUSD is a highly volatile asset capable of major price swings in a single day. Today TUSD is trading for $0.998749 USD, which is higher than yesterday's trading price of $0.9969283098 USD. Over the past year, TrueUSD's price has seen a decrease of 0%.

So before you buy TrueUSD, 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 buy TrueUSD.

How to buy TrueUSD 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 TrueUSD 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 TrueUSD
    You can now exchange your funds for TrueUSD. 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 TrueUSD 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 TrueUSD in the UK

Find an exchange to buy, sell and trade TUSD 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 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Kriptomat Cryptocurrency Exchange
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
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CEX.IO Cryptocurrency Exchange
4.5★★★★★(16)
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH), Credit card, Bank transfer (SEPA), Faster Payments Service, Skrill
USD, EUR, GBP, RUB

144
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
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View details
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How we keep this TrueUSD guide up-to-date

  • TUSD price data is regularly updated through data feeds so you always have the latest information.
  • TrueUSD 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 TrueUSD?

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 TrueUSD?

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 TrueUSD.

  • 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 TUSD 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 TrueUSD?

The easiest way to buy TUSD 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 TUSD, 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 all-time high tool to get an idea of how the price of TrueUSD has been performing recently.

Best TrueUSD wallets to store your TUSD

You can keep your TUSD 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 TUSD below.

Ledger Nano X Wallet

Trezor Model T Wallet

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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 TrueUSD a good investment?

If you’re thinking of buying any TUSD, some of the factors you may want to consider first include:
  • Solid backing team: According to CoinMarketCap, TrustToken is the brainchild of Rafael Cosman, who has previously worked for a number of major companies including Google as well as software firm Palantir. Similarly, Alex de Lorraine is the company’s chief operating officer. He was also previously employed at Google and has even worked for pharmaceutical manufacturing giant Pfizer as its chief of staff.
  • Balance and stability: The primary goal of TrueUSD — much like many other stablecoins — is to help provide the digital-asset market with an increasing level of financial stability as well as provide crypto enthusiasts with another tangible digital asset medium so as to facilitate their daily transactions and payments.
  • Routinely audited: Since its launch, TrueUSD’s parent company TrustToken has made sure that its stablecoin offering is regularly audited by allowing third-party users to perform independent verifications of the stablecoin’s provenance. In fact, back in December 2019, TrueUSD added the option of allowing its users to perform real-time audits through the use of certain APIs that connect the company’s banking data to a public blockchain.
  • Two options to choose from: There are two unique versions of the TUSD stablecoin available in the market today: an ERC-20 compatible token and a BEP-2 (Binance Chain) based coin called TUSDB. The two offerings are similar to each other in terms of their operational design but are designed to run on separate ecosystems.

Today's TrueUSD price versus ATH

Compare today's price of TrueUSD ($0.998749 USD) against its all-time-high price of $1.62 USD on 26 August 2018. The closer the bar is to 100%, the closer TUSD is to reaching its ATH again.

TrueUSD's price: $0.998749
ATH date: August 26, 2018
61.65%

TrueUSD ATH: $1.62


How to trade, convert or sell TrueUSD

You can convert or sell your TUSD with the same exchange you bought it through:
  1. Sign in to the exchange you have TUSD on.
  2. If you store your TrueUSD 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 TUSD you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of TrueUSD.
  6. Complete your transaction and move your TUSD to a wallet for storage.
  1. CoinMarketCap
  2. Messari
  3. 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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