Can I Buy USDT in Argentina?

Yes, you can buy and trade USDT in Argentina through crypto exchanges that adhere to the National Securities Commission's regulatory standards. These platforms provide secure access to digital assets while complying with AML and KYC requirements.

Most Argentine trading platforms support deposits in Argentine Pesos (ARS) via local bank transfers, credit cards, or third-party payment services. 

How to Buy Tether (USDT) in Argentina

Investing in USDT in Argentina is safe when going through trusted crypto exchanges that comply with the country’s AML and KYC standards. Bybit is a popular platform for trading Tether, offering competitive trading fees and multiple order types, including spot and futures options. It facilitates ARS deposits via bank transfer, Prex, Lemon cash or credit card. 

Follow these steps to buy USDT in Argentina through an exchange:

1. Create an Account: Sign up on Bybit and complete the identity verification process to comply with local regulations.
2. Deposit Argentine Pesos: Go to the deposit section, select ARS as your deposit currency, and choose your preferred payment method, such as bank transfer or credit card.
3. Trade for USDT: Search for USDT and input your desired investment amount.
4. Confirm Your Purchase: Review the transaction details and finalize your trade to complete the process.

ARS to USDT Fees

Understanding the fee structure is important when converting Argentine Pesos (ARS) to Tether (USDT). Here's an overview of the costs Argentine users can anticipate on Bybit:

• Deposits: Bybit supports ARS deposits through various methods, including bank transfers and credit card payments.
• Withdrawals: Bybit charges a withdrawal fee for on-chain withdrawals, which varies depending on the coin and the blockchain used. The specific fees and minimum withdrawal amounts are stated in the withdrawal window.
• Trading: Bybit employs a maker-taker fee model. For spot trading, the standard maker and taker fee is 0.1%. 

Bybit's fee structure is competitive compared to other exchanges like Coinbase, which charges over 2% in trading fees alone.

Is Tether (USDT) Legal in Argentina?

Yes, Tether (USDT) is legal in Argentina. Investors can buy and sell USDT through cryptocurrency exchanges that comply with the National Securities Commission (CNV) regulations. These platforms adhere to anti-money laundering (AML) and know-your-customer (KYC) standards to ensure secure transactions.

In March 2024, Argentina passed Law N°27,739, introducing substantial reforms to prevent money laundering and terrorist financing. This law created a category for Virtual Asset Service Providers (VASPs), mandating them to monitor and report AML activities. 

Bottom Line

Argentina provides a secure market for buying Tether (USDT) through crypto exchanges that comply with CNV regulations. Bybit is a reliable platform, offering easy ARS deposits through bank transfers or credit cards, paired with competitive fees and a multilingual interface.

By choosing a trusted cryptocurrency exchange, investors can safely buy and manage Tether in a compliant manner.