In Venezuela, an increasing number of people save and make payments in digital dollars, USDT, as an alternative to physical dollars. USDT is a digital dollar linked to the price of the U.S. dollar, and Latin Americans use it as a tool to dollarize their finances.
In this guide, we teach you in 1 minute How to buy USDT in El Dorado P2P using Mobile Payment, so that you have an alternative to cash dollars in Venezuela.
Step by step to buy USDT dollars with Mobile Payment:
Buying USDT dollars in El Dorado P2P is easy and fast. Follow this step by step:
1. Download our App and create your account in El Dorado using your email.
2. Verify your identity, it won't take you more than 10 minutes.
3. Go to “Change”, select VES in “I have” And in “I want” select USDT.
4. Choose the amount you want to change and select Mobile payment in Payment methods.
5. Select a merchant's ad “Online” and select “Quick Change”.
6. Copy the seller's mobile payment details, make the mobile payment for the amount indicated in the app and brand “Payment made” in El Dorado.
7. Wait for the seller to verify that you paid and that's it, your digital dollars will be automatically deposited in your USDT wallet at “Home”.
Step by step to sell USDT dollars with Mobile Payment
- Go to the” tabChange“and select “I Have” (USDT) and “I Want” (VES).
- Enter the amount of USDT you want to exchange.
- Select the best ad, wait for the merchant to make the payment.
- When you receive it in your bank or wallet, confirm the transaction.
Ready! Now you have your money available in bolivars without risks or hidden fees.
Tips when buying USDT in El Dorado P2P:
- Choose a reliable merchant: Make sure to select an “Online” seller with a good reputation and a history of completed orders.
- Check before you pay: Before making the mobile payment, carefully review the seller's details and the amount to be sent to avoid errors.
- Be quick and respectful: Stay active during the transaction so as not to keep the merchant waiting.
- Use the El Dorado chat: Keep the entire conversation within the platform and attach a screenshot of the mobile payment.
What is the Tether dollar or USDT?
Las Stablecoins such as Tether are cryptos designed to maintain a stable value (1 USD). USDT was launched in 2014 with the objective of creating the first cryptocurrency whose value is pegged to the dollar. It is used as a substitute for the U.S. dollar for those who don't have a dollar bank account. In El Dorado P2P you can open a free USDT account and buy or sell digital dollars in Argentina, Bolivia, Brazil, Colombia, Panama, Peru and Venezuela.
Saving in dollars is an option to protect yourself against the devaluation and inflation of your local currency. Stablecoins like USDT are here to stay and are an essential mechanism in the daily lives of millions of Latin Americans. Buy dollars using your local currency and preferred payment method.
What are the benefits of buying USDT dollars with Mobile Payment?
- As a cryptocurrency backed by dollar reserves, its value follows the dollar instead of fluctuating like other cryptocurrencies, such as Bitcoin.
- It's an alternative for exceeding buying limits or a shortage of dollars.
- Being a digital dollar, you can buy or sell fractions, something impossible with cash.
- It's easily transferable globally with a free USDT wallet in El Dorado.
- In P2P markets like El Dorado, you can buy USDT dollars with transparency and security using mobile payment or bank transfer.
