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Tether (USDT) exchanges in Malaysia: buy, sell & swap

Tether (USDT) key market data:

  • type: Stablecoin
  • market cap: $104,451,761,080
  • market rank: #3
  • supply total: 104,454,161,510
  • supply available: 104,454,161,510
  • not mineable
  • USDT/USD: $1.0

Tether is a Stablecoin. The original software was first released July 1st, 2014. Nowadays the cryptocurrency is managed by the Tether Holdings, an organization based in the HK. The official Tether website is https://tether.to.

As of today, March 28th, 2024, out of totally available 104,454,161,510 USDT, 104,454,161,510 are in circulation. It's not possible to mine tethers. The total market capitalization of tether is $104,451,761,080, the rank among other cryptocurrencies (based on the capitalization) is #3. The current rate of 1 USDT is $1.0 USD.

Tether is a first Stablecoin, originally announced as "Realcoin". Technically Tether is a Token functioning on various blockchains. There currently are Bitcoin- (Omni Layer Protocol), Ethereum- (ERC20), TRON- (TRC20) and EOS- based Tether tokens in circulation. Although USDT (pegged to 1 United States Dollar; USD₮) tokens are usually referenced as "tethers", there are also EURT (= 1 EURO; EUR₮) and JPYT (= 1 Japanese Yen; JPY₮) in existence. According to the issuing company, all the Tether Platform currencies are 100% backed by Tether's reserves.

It's possible to deposit/withdraw money to the Tether directly, without the need to use exchanges, although the one has to pass the KYC procedures and pay the verification fees before being able to use the service. Tether trading was first enabled in early 2015 by the Bitfinex exchange, a firm that's related to Tether by a managing team. Many other cryptocurrency exchanges integrated USDT and other tether currencies support during the next years; according to some researchers, during the summer of 2018 Tether trading volume was accounted up to 80% of the whole Bitcoin trading market.

Top Tether exchanges

Tether is currently supported by 80% of exchanges (8 of 10) currently having active orders at ExchangeRates.Pro: 2 Exchange Brokers, 5 Trading Platforms, and 1 P2P Marketplaces have offers, allowing you to buy and sell USDT. Let's check and compare which of these exchanges will suit you the best, dear visitor!

Our choice: the best exchange for Tether in Malaysia

There are some worthy and undoubtedly good, trusted exchanges among the ones with USDT support. One of those, Changelly broker, certainly stands out of the rest! Our users voted and named it as «The third best Broker worldwide» of all the Tether exchange services. The title speaks for itself, right? The service should be a really fine one, just a few of the 332 exchanges and 303 broker websites we analyze managed to achieve such a result. Allow us to break it all down and explain what makes Changelly such a popular broker for buying, selling and exchanging USDT in Malaysia:

Changelly website: the home page in English

CHANGELLY is a Broker; Fintechvision Ltd. (dba Changelly) had started the project back in December 2013. The company is incorporated in the Hong Kong SAR China and headquartered in Hong Kong. The official street address of Changelly is 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon. This is a highly trusted, a long-standing, settled service. Broker works with 42 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BCHSV, BNB, BTC, BTT, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, KSM, LINK, LSK, LTC, MATIC, MIOTA, OMG, SKL, SOL, SUSHI, THETA, TON, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, ZEC, ZRX.

The customers are welcome to buy and sell coins and tokens with 34 national aka fiat currencies: AUD, BGN, BRL, CAD, CHF, COP, CZK, DKK, DOP, EGP, EUR, GBP, HKD, IDR, ILS, JOD, KES, KWD, LKR, MXN, NGN, NOK, NZD, OMR, PEN, PLN, RON, SEK, THB, TRY, TWD, USD, VND, ZAR. Totally 1 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Impressive, right? The features that our users enjoy the most out of this wonderful platform:

  • Even if the operating entity is not licensed, etc. such a business model is compliant with and approved by the local authorities
  • The way the exchange brokers like Changelly operate is very safe for a user. The exchange doesn't store other people's money, there are no balances, accounts, etc. Once you've paid for an order, the crypto or fiat transfer would be delivered to your personal wallet or an account in bank or payment system. No worries about the hackers, etc!
  • The website has being online and operational for years; it started up 10 years and 3 months ago
  • The platform allows deposits/withdrawals in 42 cryptocurrencies and 34 national ones. In total, you may choose from 1 online banks and payment systems. Changelly can't offer anything else but the digital currencies exchange.
  • The limitations Changelly sets for buy and sell operations are high indeed, one of the highest available on the market: $30.00 up to $12,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
  • The feedback from the clientele is good, 100%, 17 out of 17 are very happy and pleased with their experience at Changelly. As per the details we got from the real clients:
    • Customer care is exemplary, the best
    • The speed of the payments processing is lightning fast, instant

Changelly currently provides 1 ways of purchase and sale Tethers in Malaysia with the national currencies and the most exciting news are that the payments in Malaysian Ringgits are possible:

  • Visa & Mastercard, a payment system of credit/debit cards type. This time, only for purchasing.

Time to make a conclusion. Our platform of choice to exchange Tether is

Changelly, certainly a safe and sound broker, rated 84/100. Nice scoring and an interesting service, even if 5% of the services we compare got a higher rating. Let's break down why the changelly.com exchange managed to get such rating and what does this mean:
Time in the business: 10 years 3 months
Feedback count: 17
Reviews: 16 positive, 0 negative, 1 neutral
Business model: no special licenses, etc.
Order Speed: instant
Support Quality: perfect
Verification Speed: unknown
UI Usability: good

Overall Changelly score: 84 / 100

Top USDT exchanges to buy/sell in Malaysia

Malaysia flag

Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap usdt with fiat (national) currencies. Here are the top exchanges to buy and sell tethers in Malaysia:

  1. Changelly a Broker established December, 2013. Great news! Changelly supports your local currency Malaysian Ringgit; feel free to use any of these 1 banks and payment systems to buy and sell Tether domestically:
    • Visa & Mastercard (credit/debit cards). Only for coin purchases.
    Nice! | 17 reviews, 100% positive check out USDT/USD @ Changelly!

The rest of safe, fast, easy to use USDT exchanges worldwide

exchanges worldwide

Besides the abovelisted great exchanges, serving Malaysia and allowing domestic payments in US Dollar among other countries and currencies, there are also very good international ones among the websites exchanging tethers. Hence if you need USD|USDT exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Tether using other fiat currency, etc. or swap it with various coins and tokens, feel free to check this selection of top seven highest-ranked USDT exchanges from all around the world:

  1. CEX a Trading Platform started business July, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 5 payment systems to buy and sell Tether with USD. Apart from that, feel free to swap USDT to/from 8+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 27 testimonials, 100% gave maximal rank
  2. EXMO a Trading Platform started business May, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 4 payment systems to buy and sell Tether with USD. Apart from that, feel free to swap USDT to/from 21+ coins and tokens. | 20 testimonials, 95% gave maximal rank
  3. Kraken a Trading Platform started business July, 2011. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 2 payment systems to buy and sell Tether with USD. Apart from that, feel free to swap USDT to/from 31+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 3 testimonials, 100% gave maximal rank
  4. Binance a Trading Platform started business April, 2017. A reputable company holding all the government permissions for doing business; is licensed, etc. | 18 testimonials, 94% gave maximal rank
  5. CoinFalcon a Trading Platform started business October, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap USDT to/from 8+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 2 testimonials, 100% gave maximal rank
    Gift available!
  6. Bitpapa a P2P Marketplace started business May, 2020.
  7. changeNOW a Broker started business September, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap USDT to/from 39+ coins and tokens.

By the way, exchanges that accept MY, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell tether using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either

  • find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro. For example, if you are looking for an exchange for Indonesia assuming that you have a local bank account there, an address confirmation, etc: compare rates to buy and sell Tether in Indonesia
  • ...or just explore the great websites listed above to find out which one you prefer!

Where to buy USDT

Are you looking for the best place to buy tethers? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell USDT, based on your location and preferences.

Easiest, safest, fastest ways to buy usdt worldwide

We've compared a lot of offers to find the top ones; right now we have 28 ways for you to purchase tether available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with US Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase USDT crypto:

  • Visa & Mastercard in USD Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Malaysia, Indonesia, Thailand, Brunei, etc. are covered. Suggested in 4 offers
  • Paypal in USD from 232 countries. Actually it's a multi-currency option, you are supposed to pay by the e-wallet. A multi-country payment system. Suggested in 3 offers
  • Skrill in USD you are supposed to pay by the e-wallet. This way to send fiat money will work worldwide. Malaysia, Thailand, Brunei, Indonesia, etc. are covered. Suggested in 1 offers
  • Razer Gold Gift Card in USD Actually it's a multi-currency option, you are supposed to pay by the Gift Cards. This way to send fiat money will work worldwide. Malaysia, Thailand, Brunei, Indonesia, etc. are covered. Suggested in 1 offers
  • G2A Gift Card in USD you are supposed to pay by the Gift Cards. This way to send fiat money will work worldwide. Malaysia, Thailand, Brunei, Indonesia, etc. are covered. Suggested in 1 offers
  • RIA money transfer in USD you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Malaysia, Thailand, Indonesia, Brunei, etc. are covered. Suggested in 1 offers
  • Western Union in USD Actually it's a multi-currency option, you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Malaysia, Brunei, Indonesia, Thailand, etc. are covered. Suggested in 1 offers
  • SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Malaysia, Brunei, Indonesia, Thailand, etc. are covered. Suggested in 3 offers
  • Payeer in USD an international payment system. This way to send fiat money will work worldwide. Malaysia, Thailand, Brunei, Indonesia, etc. are covered. Suggested in 4 offers
  • Transferwise in USD an international payment system. This way to send fiat money will work worldwide. Malaysia, Brunei, Thailand, Indonesia, etc. are covered. Suggested in 2 offers

Where to sell USDT

Even the greatest USDT HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell tethers to US Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Easiest, safest, fastest ways to sell USDT worldwide

Sometimes you may need to transfer the money to another country. If you are holding USDT, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 35 options to out-exchange the usdt to fiat; the most frequently used banks, money transfer operators and global payment systems are:

  • Any Local Bank in USD to any country in the world including Malaysia, Brunei, Thailand, Indonesia: the funds will be sent by the Local Banks. You will be available to fund any local bank account this way! Suggested in 1 deals
  • Visa & Mastercard in USD, can be also used with any of other currencies; to any country in the world including Malaysia, Thailand, Indonesia, Brunei: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send USDT! Suggested in 1 deals
  • Paypal in USD, can be also used with any of other currencies; to 232 countries: the funds will be sent by the e-wallet. Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send USDT! Suggested in 4 deals
  • Skrill in USD to any country in the world including Malaysia, Brunei, Thailand, Indonesia: the funds will be sent by the e-wallet. You can transfer money wherever you need! Suggested in 3 deals
  • Cash in Person in USD, can be also used with any of other currencies; to any country in the world including Malaysia, Brunei, Thailand, Indonesia: the funds will be sent by the Cash Payments. You can transfer money wherever you need! Suggested in 1 deals
  • Xpress Money in USD, can be also used with any of other currencies; to any country in the world including Malaysia, Indonesia, Thailand, Brunei: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 1 deals
  • MoneyGram in USD, can be also used with any of other currencies; to any country in the world including Malaysia, Indonesia, Thailand, Brunei: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 1 deals
  • Western Union in USD, can be also used with any of other currencies; to any country in the world including Malaysia, Indonesia, Brunei, Thailand: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 1 deals
  • SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including Malaysia, Indonesia, Brunei, Thailand: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 4 deals
  • Advanced Cash in USD to any country in the world including Malaysia, Indonesia, Brunei, Thailand: a global payment method. You can transfer money wherever you need! Suggested in 4 deals

Where to swap USDT

Did you know that it's possible to exchange USDT to 49 other cryptocurrencies? It's possible to convert Tether to/from 98% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 284 swap possibilities with USDT and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap USDT with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:

  • Ether (ETH): that's a popular Cryptocurrency. There are 12 proposals (6 allow to convert from ETH to USDT and 6 that are converting in opposite direction.
  • Bitcoin (BTC): that's a popular Cryptocurrency. There are 12 proposals (6 allow to convert from BTC to USDT and 6 that are converting in opposite direction.
  • USD Coin (USDC): that's a popular Stablecoin. There are 10 proposals (5 allow to convert from USDC to USDT and 5 that are converting in opposite direction.
  • Polygon (MATIC): that's a popular Token. There are 10 proposals (5 allow to convert from MATIC to USDT and 5 that are converting in opposite direction.
  • Cardano (ADA): that's a popular Cryptocurrency. There are 10 proposals (5 allow to convert from ADA to USDT and 5 that are converting in opposite direction.
  • MakerDAO (DAI): that's a popular Stablecoin. There are 10 proposals (5 allow to convert from DAI to USDT and 5 that are converting in opposite direction.
  • Ripple (XRP): that's a popular Cryptocurrency. There are 10 proposals (5 allow to convert from USDT to XRP and 5 that are converting in opposite direction.
  • Chainlink (LINK): that's a popular Token. There are 10 proposals (5 allow to convert from LINK to USDT and 5 that are converting in opposite direction.
  • Litecoin (LTC): that's a popular Cryptocurrency. There are 10 proposals (5 allow to convert from LTC to USDT and 5 that are converting in opposite direction.
  • Polkadot (DOT): that's a popular Cryptocurrency. There are 10 proposals (5 allow to convert from DOT to USDT and 5 that are converting in opposite direction.

Similar cryptocurrencies, that can overcome Tether:

USD Coin (USDC)

  • rank: #8
  • type: Stablecoin

TrueUSD (TUSD)

  • rank: #188
  • type: Stablecoin

Chainlink (LINK)

  • rank: #15
  • type: Token

Binance USD (BUSD)

  • rank: #579
  • type: Stablecoin

MakerDAO (DAI)

  • rank: #27
  • type: Stablecoin