How to Buy Tether (USDT) with Wise

Key Takeaway: Wise allows users to transfer USD, EUR, and other fiat currencies to regulated crypto exchanges, making it easy to fund accounts for USDT purchases. 

Bybit, a globally regulated exchange operating in 160+ countries, offers fast Wise deposits and access to 1,700+ digital assets, including USDT, with some of the lowest fees in the industry.

Can You Buy Tether (USDT) with Wise?

Yes, you can buy Tether (USDT), but not directly through Wise. You can use Wise to transfer fiat (USD, EUR, GBP) to a regulated crypto exchange that supports USDT purchases. Once your funds arrive, you can convert them to Tether or other stablecoins.

How to Buy USDT with Wise

The best way to buy USDT with a Wise account is through Bybit, a globally regulated crypto exchange trusted by over 65 million users. Bybit supports 1,700+ crypto assets, including stablecoins like USDT and USDC, and allows deposits via Wise transfers and card payments.

Step-by-Step Guide to Buying USDT with a Wise Account

1. Create a Bybit Account – Sign up on Bybit and complete the KYC verification.
2. Deposit Funds via Wise – Go to the Assets section, choose a deposit method, and transfer USD, EUR, GBP, or another supported currency using Wise.
3. Buy USDT – Once your funds are credited, search for Tether (USDT) in Bybit’s trading section.
4. Confirm Your Purchase – Enter the amount of USDT you want, review the order, and complete the transaction.

Wise Bank’s Policy on Buying Tether (USDT)

Wise does not process direct transactions for Tether (USDT) or any other cryptocurrency. However, you can use Wise to fund regulated exchanges that support USDT purchases. Here’s what you need to know about Wise’s current stance on USDT transactions:

• No Direct USDT Transfers – Wise does not allow deposits or withdrawals involving crypto wallets or stablecoins like Tether.
• Supports Regulated Exchanges – You can send fiat (USD, EUR, GBP) to exchanges that are registered with FCA (UK) or ESMA (EU) and comply with financial regulations.
• No Binance Transactions – Wise blocks deposits and withdrawals to Binance but allows transfers to compliant platforms like Bybit or Coinbase.
• Verified Account Required – To use Wise for USDT purchases, you must complete account verification and transfer funds only to approved exchanges.

Wise’s crypto policy is subject to change, so it’s essential to check their latest terms and ensure your exchange follows regulatory guidelines.

Wise USDT Transfer Fees: What to Expect

Fees for buying USDT with Wise depend on the payment method. Using a Wise debit card comes with a 2.99% fee, which is set by Visa, not the exchange. To avoid extra costs, bank transfers through Wise are the better option since they’re typically free.

Exchange fees also vary. Bybit offers some of the lowest fees, charging 0.1% per trade with no deposit fees for bank transfers or IBAN payments. In contrast, platforms like Crypto.com can charge up to 2%, which adds up for frequent transactions.

Always check the exchange’s latest fee structure before transferring funds to avoid unexpected costs.

Best Ways to Deposit Funds Using Wise for USDT Purchases

The most efficient way to deposit funds into an exchange like Bybit via Wise depends on your local currency. Bank transfers are ideal since they offer low fees and fast processing.

Best deposit methods by region:

• ACH (U.S.): Free or low-cost, processed in 1 business day.
• SEPA (Europe): Free for most banks, is usually instant.
• Faster Payments (UK): Instant and free, best for GBP deposits.
• SWIFT (Global): Works for international transfers but may have higher fees and longer processing times.
• Debit/Credit Cards, Apple Pay, Google Pay: Instant but often carry 2-3% fees and lower deposit limits.

Choosing the right method reduces fees and speeds up transfers when using Wise to fund a crypto exchange. Always check deposit policies for available options and costs.

Final Thoughts

Wise doesn’t support direct USDT purchases, but it’s a reliable way to fund regulated exchanges like Bybit. Bank transfers are the most cost-effective deposit method, while debit cards come with higher fees. 

Always check exchange fee structures and Wise’s policies before making a transaction to ensure smooth and cost-efficient transfers.