Buy USDT using yellowcard

How to Buy and Withdraw USDT with Yellow Card Using Mobile Money

What is USDT?

USDT, also known as Tether, is a type of cryptocurrency called a stablecoin. Unlike other cryptocurrencies such as Bitcoin or Ethereum, which can have high volatility, USDT is designed to maintain a stable value by being pegged to a fiat currency, usually the US Dollar (USD). This means that 1 USDT is typically equivalent to 1 USD. USDT is widely used for trading, transferring value, and as a stable store of value in the cryptocurrency market.

Step-by-Step Guide to Buy USDT

Step 1: Create a Yellow Card Account

  1. Download the Yellow Card app from the App Store (iOS) or Google Play Store (Android), or access Yellow Card directly from the website Yellow Card.
  2. Open the app or website and sign up by providing your email address, phone number, and creating a secure password.
  3. Verify your email by clicking on the verification link sent to your inbox.
  4. Complete your profile by providing necessary identification details and uploading any required documents.

yellowcard

Step 2: Fund Your Yellow Card Account Using Mobile Money

  1. Open the Yellow Card app or website and log in to your account.
  2. Navigate to the “Wallet” section.
  3. Select the currency you wish to deposit (e.g., local currency like NGN, GHS, etc.).
  4. Click on the “Deposit” button.
  5. Choose “Mobile Money” as your payment method.
  6. Enter the amount you wish to deposit.
  7. Follow the on-screen instructions to complete the transaction using your Mobile Money account. This may involve entering your Mobile Money PIN or confirming the transaction through a USSD code.

Step 3: Buy USDT on Yellow Card

  1. Once the funds are successfully deposited into your Yellow Card wallet, go back to the home screen.
  2. Select the “Trade” or “Buy/Sell” option from the menu.
  3. Choose “Buy” and select “USDT” as the cryptocurrency you want to purchase.
  4. Enter the amount of USDT you wish to buy or the amount of your local currency you want to spend.
  5. Review the transaction details, including the exchange rate and any applicable fees.
  6. Confirm the purchase to complete the transaction.

Step 4: Confirm Your USDT Purchase

  1. After completing the purchase, navigate to the “Wallet” section to check your USDT balance.
  2. Your newly purchased USDT should be reflected in your Yellow Card USDT wallet.

Step-by-Step Guide to Withdraw USDT

Step 1: Navigate to the Withdraw Section

  1. Open the Yellow Card app or website and log in to your account.
  2. Navigate to the “Wallet” section.
  3. Select “USDT” from your list of assets.

Step 2: Choose Withdrawal Method

  1. Click on the “Withdraw” button.
  2. Choose your preferred withdrawal method. If you want to withdraw to your Mobile Money account, select “Mobile Money.”

Step 3: Enter Withdrawal Details

  1. Enter the amount of USDT you wish to withdraw.
  2. Provide your Mobile Money account details where you want the funds to be transferred.
  3. Review the transaction details, including any applicable fees.

Step 4: Confirm and Complete the Withdrawal

  1. Confirm the withdrawal details and click on “Withdraw” to complete the transaction.
  2. You may need to verify the transaction via an OTP sent to your phone or email.
  3. Once confirmed, the equivalent amount in your local currency will be transferred to your Mobile Money account.