How to buy Tether in Canada

Newton makes it fast and easy to buy, sell and hold 70+ cryptocurrencies in Canada.

What is Tether (USDT)?

Tether (USDT) is a stablecoin whose value is backed by traditional fiat currencies like the U.S. dollar. Tether offers stable purchasing power that encourages holders to use their tokens as opposed to holding onto them. This makes USDT effective for completing everyday transactions for businesses and consumers.

Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.

Where can I buy Tether?

There are a few options to buy Tether in Canada:

Direct Purchase

You can buy cryptocurrency online, or send and receive it directly from another individual in person or over the web.

Via a regulated Brokerage or Exchange

Many find it easier to purchase Tether through a trading platform like Newton.

Why Newton?

Newton offers a dead-simple way to buy and sell cryptocurrency in Canada at prices that most other platforms simply cannot afford to compete with.

Where can I buy Tether?

how to buy Tether in canada

There are a few options to buy Tether in Canada:

1

Sign-up in Canada for an account.

Create an account and add funds or choose an amount of your currency to trade.
2

Trade fiat or crypto for stablecoin.

Trade your chosen currency into a stablecoin.
3

Send to your desired exchange.

4

Initiate purchase and you're done.

Go through the steps to purchase, and that's it.

Why use stablecoins when transferring to an exchange?

Because stablecoins are often pegged to FIAT currencies with stable values, they are useful tools for currency conversion. Coins such as USDC, USDT and QCAD won't swing wildly up or down in value between withdrawal and funding another account.

It's easy to get started

Send Tether quickly on your phone or computer.

1

Create an account.

Provide some basic details about yourself to get verified. This process usually takes less than 5 minutes!

2

Fund your account.

Connect your bank account or utilize Interac e-Transfers to add or withdraw funds seamlessly.

3

Start buying.

You can start buying and selling crypto quickly and easily right away on your phone or on web browser.

Why you’ll love trading Tether on Newton.

Newton is Canada's low-cost cryptocurrency trading platform with transparent prices and tight spreads. We offer high liquidity and institutional-grade third party custody for your digital assets.

Some of the best prices in Canada.

On average our prices are 0.5–0.7% above spot at volumes of up to 3 BTC. This makes our overall price 3x lower than a leading competitor who charges approximately 2.25% in spread + fees.

World-class security.

Newton uses machine learning to detect and prevent account takeover attempts, a common form of cryptocurrency fraud.

Low-cost and no-commissions.

Trading and funding your account is absolutely free. Transfer cryptocurrency to and from your account at no cost (we cover up to the first $5 in network fees).

Unique & functional design.

We take a first principles approach to design, resulting in an easy-to-use experience that is unlike any other exchange.

Works on any device.

Get started on the your web browser, or download the Newton app for Android and iOS to take control of your crypto on-the-go.

Proudly Canadian.

We want cryptocurrency to be taken seriously, so we go above and beyond to make sure we're compliant with current and anticipated Canadian regulations.

Where do I keep my Tether?

After you've purchased crypto, the next step is to find the best way to secure it.

Wallets are often considered to offer some of the best security for your cryptocurrency. While you have the option of keeping your assets on Newton, Newton is primarily a low-fee cryptocurrency trading platform, and not a wallet service.

While we have institutional third-party custody to keep customers' digital assets safe, many individuals who buy cryptocurrency consider transferring a portion of holdings to external wallets for personal custody.

What can you do with Tether?

Explore a variety of uses, options and processes.

Hold USDT as a store of value

Pursue a short or long-term trading strategy

Send USDT overseas

Start buying Tether in minutes.

Get started with as little as $10 CAD.