Looking to add a stablecoin to your cryptocurrency portfolio? TrueUSD (TUSD) is a great option, known for its stability and transparency backed by real assets. Whether you’re new to crypto or an experienced investor, this guide will show you how to buy TrueUSD. We’ll cover everything from choosing the right exchange to securely storing your TUSD tokens. Read on to find out how to buy TrueUSD and enjoy the benefits it offers in the world of digital finance.
Buying TrueUSD (TUSD) involves a few steps, usually done through cryptocurrency exchanges. Here’s a simple guide.
Step 01. Choose the best Crypto exchange
Many crypto exchanges support buying TUSD, and here we have listed only the most popular and secure ones. To find real-time exchange rates with the lowest fees, you should check the exchange’s history and ensure they are not scamming users. We have listed only the most trusted exchanges.
Step 02. Create an Account on the Exchange
If you don’t already have an account on your chosen exchange, you’ll need to sign up. If you have already created an account previously, you can skip this step.
Registration: Provide your email address, create a password, and agree to the terms and conditions.
Verification (KYC Process): Submit identification documents like a passport, driver’s license, or national ID for verification.
3. Deposit Funds
Now you need to deposit funds into your account to buy TUSD. There are two methods to deposit into your crypto exchange wallet. You can choose the best one from the options below.
Fiat Currency Deposit: You can deposit fiat currencies like USD, EUR, or others using bank transfers, credit/debit cards, or other payment methods on most exchanges.
Cryptocurrency Deposit: If you already have other cryptocurrencies (like Bitcoin or Ethereum), you can deposit them into your exchange wallet and trade them for TUSD.
4. Buy TrueUSD
Once you have funded your account using one of the methods above, you can now buy TrueUSD coins.
Go to the trading section: Navigate to the exchange’s trading platform
Select TrueUSD: Choose the trading pair you prefer, such as TUSD/USD or TUSD/BTC.
Place an order: There are various types of orders:
- Market Order: Buy TUSD at the current market price.
- Limit Order: Set a specific price at which you want to buy TUSD.
5. Store Your TUSD
After purchasing TUSD, you can keep it in the exchange wallet or transfer it to a personal wallet for added security. Make sure the personal wallet supports ERC-20 tokens, as TUSD is an ERC-20 toke
Additional Tips
Compare fees on different exchanges.
Enable two-factor authentication (2FA) for security.
Stay updated with market trends and news related to TrueUSD