Buying Tether (USDT) on Zengo is simple. First, download the app from the App Store or Google Play and create your wallet. Complete the verification by submitting the required documents. After verification, open the app, tap “Buy,” and select Tether (USDT). You can pay using credit/debit card, bank transfer, Apple Pay, or Google Pay via providers like MoonPay and Banxa. Review the details of your transaction and confirm your purchase. Your Tether (USDT) will be credited to your Zengo wallet once processed.

Yes, purchasing Tether (USDT) in Australia is entirely legal. You can buy, sell, trade, spend, receive, and store Tether without any legal restrictions.

Like any investment, Tether carries risks because of its inherent volatility. While it offers the potential for high returns, it is also susceptible to significant price fluctuations.

Yes, buying Tether (USDT) on Zengo is safe. Here’s how Zengo protects your Tether:

• Zengo uses advanced facial recognition technology for secure and easy login.
• It employs robust security measures like threshold signatures, MPC security, and three-factor authentication (3FA) to ensure your Tether (USDT) remains protected.
• The Web3 Firewall actively blocks online threats and alerts you to any suspicious activity.

No, purchasing Tether on Zengo requires identity verification to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.

Zengo works with purchasing partners who are regulated and compliant and follow the AML and KYC rules. You must be at least 18 years old and provide a valid ID to verify your identity and age before you can buy Tether (USDT) or any other crypto assets.

The time it takes to buy Tether (USDT) on Zengo varies based on the payment method you choose. Payments made with credit/debit cards and Apple Pay/Google Pay are typically instant, while bank transfers can take 1-2 business days to process.

Zengo is a self-custodial wallet for cryptocurrency that is free to use. However, you will have to pay a fee when you buy, sell, or trade cryptocurrency. These fees include:

• Network fees (not paid to Zengo)
• Exchange fees
• Service fees (paid only to the providers.

Zengo does not apply any hidden fees or markups on the exchange rate. The fee amount may vary depending on the payment method, currency, and operator. Before you confirm your payment, Zengo provides you with a clear breakdown of all applicable fees.

• Mention the specific details related to Australia users.
• Link to  the Zengo Fees webpage.

Note: Zengo Pro users benefit from reduced service fees.

Tether (USDT) provides a flexible and stable option for various transactions in Australia. From trading on cryptocurrency exchanges to purchasing goods and services online, USDT’s stability makes it an attractive choice for both investors and consumers in the growing digital economy. As acceptance continues to grow, more merchants are likely to embrace Tether as a viable payment method.

You can also sell or swap Tether (USDT) on Zengo. 

To sell Tether (USDT), you can choose the sell option on the app and enter the amount of Tether (USDT) you want to sell. You will see the exchange rate and the fees before you confirm the transaction. You will receive the fiat money in your bank account or your preferred payment method.

To swap Tether (USDT), you can choose the swap option on the app and select the crypto asset you want to swap with Tether (USDT) or any other asset. You will see the exchange rate and the fees before you confirm the transaction. You will receive the swapped crypto asset in your Zengo wallet.