This introductory guide explains how to buy Tether with American Express. Follow our simple three step guide to make your first purchase.
Trade global markets with our top-rated broker, .
8/10
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Register Entry Number 208159. Products are only covered by the UK FSCS in limited circumstances.
Firstly, the most important question to answer is: can I buy Tether with American Express?
No, American Express doesn’t allow you to purchase cryptocurrency. However, you can use American Express to fund a trading account and buy Tether that way.
You just need a crypto exchange that accepts American Express deposits. And we’re here to help.
How to buy Tether with American Express – a step-by-step guide
It takes about 15 minutes to buy USDT with American Express. Have a copy of your photo ID to hand and follow this guide to get started.
Step 1. Sign up with Bitpanda .
We recommend Bitpanda as the best platform to use to buy USDT with American Express.
Step 2. Create an account.
You need an account before you can buy anything. Sign up with your contact details and a form of ID for verification.
Step 3. Make a deposit via American Express.
Enter how much you want to deposit and select American Express as your payment method from the list of options.
Step 4. Use the search box to find Tether.
Use the search box on the home page to search for Tether and the currency you want to pay in (such as GBP).
Step 5. Make your purchase.
Enter how much Tether you want to buy, check the details and process the transaction. Once the payment goes through, your new Tether will show up in your exchange account.
Top Tether platforms that accept American Express
1. Bitpanda: Best for fractional & small scale investing
Pros & Cons
300+ cryptocurrencies
Wide range of other digital assets
10 fiat currencies accepted
Low fees for Bitcoin buyers using credit or debit card in Europe
Fully automated transactions happening in real time
Fees are not explicitly laid out
Restricted European countries at present
Limited customer support features
Overview
We love BitPanda because it’s an all-in-one investment platform. BitPanda offers 250+ assets, including 50+ cryptocurrencies and a range of crypto indices, making it simple to invest in the crypto market without having to make tough decisions about each coin.
BitPanda is one of the most accessible crypto platforms around. The minimum trade size is just $1 and you can automate your investments so that you can add more Bitcoin regularly. The BitPanda card offers cashback up to 2% paid in Bitcoin.
The fees: All fees are included in the spread, so you won’t be charged a commission on your trades. A premium of 1.49% is included as part of the buy and sell price of each asset.
Highlights
| Features | Bitpanda summary |
|---|---|
| No. of tradable assets | 3000+ |
| Min. Deposit | €25 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Stocks, Cryptocurrencies, Commodities, ETFs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FMA, MiFID II, BaFin, VASP, PSD2, EMI |
|
View more |
Visit Bitpanda |
2. OKX. Best for…
Read More: How to Buy USDT with American Express 2024