For users looking for quick, safe, and easy crypto transactions, buying Tether (USDT) with Wise has become a helpful answer. Though Wise does not allow direct crypto purchases, regulated crypto exchanges like Bybit, Binance, and OKX accept payments with Wise debit cards.
It is now simpler than ever for Wise customers to acquire USDT safely, manage their costs and enjoy a variety of trading and earning opportunities. Crypto investing has become much more accessible.
What is Tether?
Tether (USDT) is one of the most popular stablecoins within the cryptocurrency market, which means it holds the value of a traditional currency, specifically the US Dollar.
Tether is the most stable option for trading, transferring, or storing value because it is safer than Bitcoin or Ethereum..
Unlike other digital currencies, Tether has predictable pricing. Each USDT token is redeemable for 1 US dollar because, as claimed by the company, USDT is backed by dollars.
Tether is one of the most used digital currencies for trading, hedging, and liquidity on other digital currency exchanges.
Can I Buy USDT with Wise?
Unfortunately, you can’t buy USDT (Tether) through Wise. Wise’s Acceptable Use Policy (AUP) states money transfers to crypto exchanges, funding digital wallets, or crypto transactions are prohibited. If you break this rule, Wise might block your payments or shut your account.
However, Wise debit card users can buy crypto aboard exchanges that accept card payments, assuming such transactions are legal in your country. This, however, does not mean Wise services crypto; they simply process your payment.
To buy USDT safely, use regulated crypto exchanges that accept bank transfers, debit/credit cards, or peer-to-peer (P2P) trading platforms.
How to Buy Tether USDT with Wise By a Third Party?
Through trials, we found that the best way to purchase USDT using Wise is through the Wise debit card on Bybit, a very large exchange that is regulated and operates in over 160 countries.
Bybit has over 2000 cryptocurrencies and USDT is one of them. It is also a very good option for investors as they provide stablecoin holders yield yield-earning opportunities.
Step 1: Create an Account
Create an account on Bybit and complete KYC verification. This step is key to unlocking your full trading and deposit functions, as it ensures your account is compliant and ready for secure transactions.
Step 2: Enter Amount and Currency
On Bybit’s One-Click Buy page, select the currency you want to use (USD, EUR, or GBP). Enter the amount you want to spend, and the system will show you the amount of USDT you will get.
Step 3: Select Payment Method
Choose the debit card option, and enter the details to your Wise card. Make sure the information you provide matches the account so the system will not encounter an error.
Step 4: Confirm Purchase
Check all order details before confirming the purchase. Your USDT will be placed in your Bybit wallet immediately after confirming, and you will be able to trade or hold it.
Wise’s USDT Policies
Wise does not facilitate direct transfers for selling or buying USDT. Still, one can use the debit card for payments on crypto exchanges, as long as they are regulatory-approved. The payment’s successful completion is more dependent on the legal compliance and licensing of the exchanges than on Wise.
Exchanges in the European Union are generally compliant with the MiCA framework regulated by the ESMA. In the US, exchanges need to register with FinCEN as a Money Services Business. In the UK a FCA license is mandatory.
Wise users can only use a card to buy Tether on exchanges with KYC, AML, and acceptable use policies. Purpose Wise safe payments are only accepted by regulated exchanges meeting those standards.
Wise to USDT Fees
When using Wise to buy USDT on Bybit or other exchanges, make sure to look for all costs that can accumulate. Deposit fees arise since Wise card payments are treated as standard card transactions, and fees are in the range of 2-3%. Bybit does not charge for debit card deposits, so this becomes an extra charge to account for.
Withdrawal fees are free for fiat, but for USDT, they depend on the blockchain network fees for USDT withdrawals to external wallets (Ethereum, Tron, BNB Chain, etc.). Trading fees consist of 1% for instant USDT purchases and 0.1% for standard spot trades. In comparison, Bybit exchanges have lower costs than others, which can exceed 2% before card processing fees.
Wise Deposit Restrictions for USDT
Regarding USDT purchases via Wise, limits are determined by the card issuer, not the exchange. Each debit and credit card transaction is limited to $2000, and there are further constraints of $2000 daily and $8000 weekly.
Many exchanges allow their customers to purchase $10,000 and sometimes much more daily. Hence, for larger purchases, one must wait several days or use more exchanges that will enable Wise cards.
While Wise supports ACH, SWIFT, and wire transfer customers, these payment methods cannot be used for crypto purchases, thus restricting Wise to card payments only.
Best Alternative Exchanges for Buying USDT with Wise
1. Binance
As a top cryptocurrency, Binance offers USDT and more than 400 altcoins for a 0.1% fee. It provides a variety of payment options and P2P exchange,s making it convenient for Wise users.
Binance includes peer-to-peer trading, multiple robust security features, and a flexible trading system that allows the use of different strategies. Advanced trading tools and currency exchange interfaces make trading USDT easy and reliable.
2. OKX
OKX allows for the purchase of USDT and over 300 other altcoins for a 0.08-0.1% fee. It has features like automated coin management and digital asset custody. Wise users may use debit and local bank transfer payments.
OKX has a global reach, which makes it easy for most users to buy, sell, and exchange USDT and other currencies on the platform. Their system has proven security.
3. BloFin
If you want to trade USDT while maintaining your privacy, try BloFin. It has a no-KYC policy and lists over 450 different cryptocurrencies. It also offers 150x leveraged futures trading. With a 1:1 proof-of-reserves policy and regular audits, BloFin distinguishes itself in transparency.
Spot and debit card payment are accepted, with a 0.1% Spot and a 0.02% maker and 0.06% taker on futures. The privacy orientation of BloFin makes it a good choice for Wise users looking to purchase USDT with privacy.
Conclusion
You can buy USDT with Wise, but only indirectly, through debit card payments used on regulated exchanges, such as Bybit, Binance, or OKX. Wise does not allow direct transfers to crypto, so using your Wise card on compliant platforms is your safest and fully legal option.
Knowledge of the fees, deposit limits, and policies on exchanges is vital to ensure your purchase is as hassle-free as possible. With Wise, advanced features do provide ease, security, liquidity, and USDT access, thus, with some planning, Wise users can acquire USDT.
FAQ
No, Wise does not support direct purchases of USDT. You must use your Wise debit card on a regulated crypto exchange to complete the transaction.
Exchanges like Bybit, Binance, OKX, and BloFin accept Wise debit card payments, provided they are licensed and comply with KYC and AML regulations.
Yes. Wise card payments usually incur a 2–3% processing fee. Exchanges may also charge trading fees (0.1%–1%) and blockchain network fees for withdrawals.
Wise debit and credit cards are limited to $2,000 per transaction, $2,000 daily, and $8,000 weekly. Larger purchases must be split across days or multiple exchanges.
No. Wise’s policy prohibits using bank transfers, ACH, SWIFT, or wire payments for cryptocurrency purchases. Only debit card payments are allowed.