How to Buy TrueUSD (TUSD) in Australia

A Step-by-Step-Guide on how to buy TrueUSD (TUSD) in Australia

Step 1 – Join Coinmama

You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. TrueUSD (TUSD) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find {TrueUSD (TUSD)|(TUSD) TrueUSD}

As soon as your deposit has been approved, you will directly have access to your finances and you can start invest and trading. To invest in {TrueUSD (TUSD)|(TUSD) TrueUSD} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to spot {TrueUSD (TUSD)|(TUSD) TrueUSD}, you will need to put the short name of the asset (TUSD) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've highlighted this too. Click on “TUSD/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} TrueUSD (TUSD)
Step 4 – Buying {TrueUSD (TUSD)|(TUSD) TrueUSD}

Once you have located {TrueUSD (TUSD)|(TUSD) TrueUSD}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our Limit Order.

The ”Price” field will be filled automatically with the most latest price {TrueUSD (TUSD)|(TUSD) TrueUSD} was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of TUSD you want to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of TUSD.

If you are happy, click on “Buy TUSD”. Your order will be filled as soon as a Seller sells their TUSD for the price you introduced.

Step 5 – Withdraw {TrueUSD (TUSD)|(TUSD) TrueUSD}

Unless you're regularly trading, never keep your crypto on an Exchange for an extensive period of time. To withdraw your {TrueUSD (TUSD)|(TUSD) TrueUSD}, go to the tab called “Funds” and click on “Withdraw”. {TrueUSD (TUSD)|(TUSD) TrueUSD} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {TrueUSD (TUSD)|(TUSD) TrueUSD} by using the provided drop-down box. Enter the quantity of {TrueUSD (TUSD)|(TUSD) TrueUSD} you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Kudos! You have successfully bought and stored TrueUSD (TUSD) in Australia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the {TrueUSD (TUSD)|(TUSD) TrueUSD} is stored inside your wallet, you are done.

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