Want to hold a stablecoin that’s backed by real dollars and keeps things fully transparent? TrueUSD (TUSD) might be the one you’re looking for. TUSD is a US dollar-pegged stablecoin that maintains a 1:1 ratio with real USD. What makes it stand out is its focus on trust and transparency. An independent accounting firm in the US checks its reserves in real-time, and users can view these live on-chain attestations anytime on tusd.io.
Launched to give users a safe and stable way to store value, TUSD is now listed on over 100 crypto platforms like Binance and Huobi. It also runs on multiple popular blockchains, including Ethereum, TRON, Avalanche, and BSC. TUSD even holds official status as an authorized digital currency in Dominica.
In this guide, you’ll learn how to buy TrueUSD easily, step by step, using some of the most trusted crypto exchanges today
How To Buy TrueUSD In 4 Easy Steps
The given steps give you an easy and systematic way of purchasing and securing your TrueUSD token.
Step 1: Choose a Crypto Exchange Platform
The first step to buy TrueUSD is selecting a reliable crypto exchange that fits your needs. A good platform should offer strong security, smooth user experience, and support for your preferred payment methods. Look into customer reviews, platform fees, and the available trading pairs before signing up.
If you’re paying with US Dollars, Bitfinex and Kraken offer a straightforward buying experience. Indian investors can use CoinDCX to purchase TUSD with INR. For those using crypto assets, exchanges like HTX, Bybit, MEXC, and BingX support Tether (USDT), while WhiteBIT, Binance, and Upbit allow you to trade with Bitcoin (BTC). Make sure the exchange you choose supports TUSD and fits your transaction preferences.
Step 2: Register On Any Of The Platforms
After picking the right platform, create an account by providing details such as your name, email ID, phone number, and address. For security reasons, most exchanges ask for identity verification using official documents like a passport or driver’s licence.
Verification is usually completed in a few hours. Once done, your account will be ready for deposits, purchases, and tracking of your assets.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Once your account is verified, fund it through a suitable payment method. If you prefer fiat, Bitfinex and Kraken make it easy to buy with US Dollars, while CoinDCX supports purchases with Indian Rupees.
If you’re trading with digital currencies, you can use Tether (USDT) on platforms like HTX, Bybit, MEXC, and BingX. Those holding Bitcoin (BTC) can buy through WhiteBIT, Binance, or Upbit. Depending on your exchange, payment options may include bank transfers, card payments, or direct wallet transfers. Follow the on-screen prompts to finalise your TrueUSD purchase.
Step 4: Store The Cryptocurrency In A Wallet
Once your transaction is complete, move your TUSD from the exchange to a private wallet for better security. Keeping assets off the exchange reduces exposure to online threats and ensures full control over your funds.
Choose a wallet that supports TUSD such as Tangem Wallet, Zengo Wallet, MyEtherWallet, or Atomic Wallet. Input your wallet address on the exchange, specify the amount to withdraw, and confirm the transfer. With your tokens now securely stored, you’re better protected and ready to manage your holdings confidently.
Popular video guides on buying TrueUSD (TUSD)
Where to buy TrueUSD (TUSD)?
CoinDCX, launched in 2018, is a leading Indian cryptocurrency exchange offering a secure platform for trading a wide range of digital assets. It provides services such as spot, margin, and futures trading, with leverage options up to 100x. CoinDCX emphasises security with features like two-factor authentication and cold storage for assets. The platform also offers a user-friendly mobile app, facilitating seamless trading experiences for both novice and experienced traders.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Bank transfers, UPI, Debit/Credit cards, Crypto transfers |
Deposit Fees: | Nil on fiat deposits |
Cryptos Listed: | 500+ |
Trading Fees: | 0.03% – 0.50% (Depends upon the trading volume) |
Fiat Currencies Supported: | INR |
Trustworthiness: | Safe and Reliable |
Bitfinex, founded in 2012, is a veteran cryptocurrency exchange known for its advanced trading features and deep liquidity. The platform offers spot, margin, and derivatives trading, catering to both retail and institutional investors. Bitfinex provides a suite of tools, including advanced charting, various order types, and an API for algorithmic trading. Security measures such as two-factor authentication and cold storage are in place to protect user assets. Despite past challenges, Bitfinex continues to be a significant player in the crypto trading landscape.
Factsheet
Operational Since: | 2012 |
Deposit Methods: | Credit/Debit Card, Bank Wire, Crypto, and Tether |
Deposit Fees: | 0.1% (Min 60 Euro/USD) for wire transfer and 0 for cryptocurrency |
Cryptos Listed: | 170+ |
Trading Fees: | 0.1% for the maker and 0.2% for the taker |
Fiat Currencies Supported: | USD, EUR, JPY, TRY, GBP |
Trustworthiness: | Safe and Reliable |
WhiteBIT, established in 2018, has rapidly grown into one of Europe's prominent cryptocurrency exchanges. It offers a user-friendly platform supporting spot, margin, and futures trading with leverage options up to 100x. The exchange emphasises security, implementing measures like two-factor authentication and cold storage for assets. WhiteBIT also provides features such as staking, lending, and a native token, WBT, which offers various benefits to holders. Its commitment to compliance and user support makes it a reliable choice for crypto enthusiasts.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Advcash, Perfect money, Visa/Mastercard, GEO Pay E-wallet, NixMoney E-wallet |
Deposit Fees: | Varies by method; typically, bank transfers and crypto deposits are free, while credit/debit card deposits may incur a fee. |
Cryptos Listed: | 300+ |
Trading Fees: | 0.1% for both makers and takers |
Fiat Currencies Supported: | USD, EUR, GBP, RUB, UAH, KZT, PLN, TRY, CZK, BGN |
Trustworthiness: | Safe and Reliable |
Frequently Asked Questions
Where Can You Buy TrueUSD With A Credit Or Debit Card?
You can buy TrueUSD with a credit or debit card on centralised exchanges like CoinDCX using INR or Kraken and Bitfinex using US Dollars. These platforms give you a simple way to get TUSD directly.
If you can’t find a direct option, use your card to buy a stablecoin like Tether and then trade it for TUSD on Binance, MEXC, or Gate.io. This two-step method gives you more flexibility and makes it easier to access TUSD, especially if you’re in a region with limited buying options.
Always choose well-known exchanges for a smooth and safe experience.
What Will You Need To Buy TrueUSD?
Here’s everything you’ll need to own a TUSD token:
- Crypto Exchange: To purchase TrueUSD (TUSD) tokens, you need a trustworthy exchange platform. These platforms allow you to trade and manage cryptocurrencies effortlessly. Features like margin trading, trading bots, copy trading, and advanced analytics enable users to make informed decisions and seize profitable opportunities.
- Identification Documents: To access a crypto exchange, you need to create an account and complete a KYC (Know Your Customer) verification process. This involves submitting valid identification documents, such as a passport, driver’s licence, or tax return, to confirm your identity.
- Debit/Credit Card: A debit or credit card is a convenient way to fund your crypto account. Many major exchanges accept cards for direct purchases. Check the platform’s payment options to ensure your card is supported before proceeding.
- Stablecoin/Altcoin: You can also use a stablecoin like USDT or an altcoin such as Bitcoin to buy TUSD tokens. These options give you more flexibility, especially if you already hold other cryptocurrencies in your portfolio and want to exchange them instantly.
- Crypto Wallet: Once you’ve purchased your tokens, transfer them to a secure crypto wallet. Wallets like Tangem Wallet, Zengo Wallet, MyEtherWallet, or Atomic Wallet offer excellent security features. Always review wallet safety protocols and customer feedback before choosing one.
Ensure that you have all the above things handy for a smooth purchasing experience.
What Is The Easiest Way To Buy TrueUSD?
The easiest way to buy TrueUSD is through a reliable crypto exchange that supports fiat currency deposits. Platforms like Bitfinex and Kraken allow you to use US Dollars and pay with a credit or debit card. These exchanges have user-friendly interfaces and quick sign-up processes, making them a great choice for beginners.
If you live in India, CoinDCX is the best option. It lets you deposit Indian Rupees directly and buy TrueUSD with just a few clicks. You only need to create an account, complete KYC, and add funds through UPI or bank transfer before placing your order.
Always double-check the exchange rates and any transaction fees before confirming your purchase. Stick to well-known platforms to keep your funds safe and avoid scams. Once you buy TrueUSD, you can store it on the exchange wallet or transfer it to a private wallet for extra security.
Best Wallets To Store Your TrueUSD (TUSD)
Selecting a reliable wallet for your TUSD holdings ensures security and ease of access. Each wallet offers distinct features to cater to various user preferences.
- Tangem Wallet: Tangem provides a hardware wallet solution with multi-chain support, allowing users to manage TUSD across different blockchain ecosystems. Its card-like design offers portability and top-tier security, making it suitable for both beginners and seasoned crypto enthusiasts.
- Zengo Wallet: Zengo offers a non-custodial wallet with a user-friendly interface, enabling users to buy, trade, and store TUSD effortlessly. Its keyless security model, combined with biometric authentication, ensures robust protection for your assets.
- MyEtherWallet (MEW): MEW is a web-based wallet that supports TUSD as an ERC-20 token. It allows users to store, send, and receive TUSD with ease, providing a straightforward interface suitable for managing Ethereum-based assets.
- Atomic Wallet: Atomic Wallet supports TUSD storage and offers features like built-in exchanges and staking. Its decentralised nature ensures users have full control over their private keys, enhancing the security of their holdings.
Utilising these wallets can help safeguard your TUSD while offering functionalities tailored to your specific needs.
