Cryptocurrencies in Australia have every prospect of being officially recognized. The local tax administration has presented a special program to adapt the legislation to modern realities. Despite the fact that cryptocurrencies, including the stablecoin Tether, are not fully legalized in Australia, recent innovations do not allow them to be called dubious assets.
In cooperation with Tether, there are useful services for the purchase of cryptocurrencies. The Itez service was created taking into account the concept of gradual multi-level information protection, which automatically increases the level of trust among users, and the step-by-step instructions presented on the official website allow the user to enter the digital space with any level of professionalism.
In order to buy Tether, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of USDT based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €30. Well, in our instructions, as promised, we will go through all the stages of purchase USDT for dollars step by step.
After converting the currency to USDT, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.
Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
Specify the purchase amount in the Itez dialog box. Copy the recipient address - your USDT wallet - from the “Accept” section.
Important: you should not manually copy the USDT wallet address. The blockchain system does not give any information about USDT addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.
For example, this is how the copy address button looks like in the Exodus wallet:
After copying the USDT wallet address, paste it into the dialog box.
Check your data — it is important to make sure that the address is entered correctly.
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After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.
Push the “Pay” button and enter the one-time bank code in the following window.
After making a payment on the Itez website, you will immediately be able to see the Tether in your wallet.
The transaction will first wait for confirmations from the blockchain network.
As a rule, this happens quite quickly and in most cases takes no more than a few minutes.
A variety of investment instruments, as well as the quality of customer service in the new conditions of cryptocurrency development, has compiled a list of the country's leading banks in this way: Commonwealth Bank of Australia and National Australian Bank/NAB are two of the largest banks by the number of customers; Westpac Banking Corporation is the Australia's second-largest bank by assets; Australia and New Zealand Banking Group/ANZ; St. George Bank, which considers as a division of the Westpac Group.
All cards are accepted in Australia. The most common payment systems in the country are Visa and MasterCard, but at the moment American Express is gaining popularity too: paying for the purchased goods and services with this card, users have the opportunity to get a 10-20 percent discount.
Cryptocurrencies are stored in specialized wallets equipped with multilayered information security systems and provide convenient access to assets. If you're searching for the ideal cryptocurrency wallet, Itez Wallet is your choice. Our service brings together users from different countries with varying levels of cryptocurrency knowledge. Training programs, tips on fees, and round-the-clock support will help you take your first steps in this world and become an experienced crypto enthusiast.