How To Buy And Sell USDT (Tether) In Rwanda With MoMo

Cryptocurrencies provide an easy and efficient way to bypass the limitations of the traditional financial system. With crypto, gone are the days you had to worry about high transaction costs and delayed transactions, among others, when processing local and international transactions. 

While cryptocurrencies are price volatile, cryptocurrencies like Tether (USDT) pegged to dollars are more stable and a popular choice among Rwandans. USDT is a stablecoin; as the name implies, its price is stable and not prone to the volatility of popular cryptocurrencies like Bitcoin.  Instead, USDT maintains the same price as a dollar.

Why buy USDT (Tether)?

USDT is pegged to the dollar and provides an opportunity to evade the stress and delays of traditional payment methods, allowing you to send money home and abroad easily and seamlessly. 

International students in Rwanda can easily pay their fees with USDT without worrying about the exchange rate. At the same time, traders can easily import and export their goods using USDT as a payment alternative. With USDT, you can preserve the value of your money while sending money locally and internationally at the lowest fees possible. 

Buying and selling USDT doesn’t have to be a complicated process, which is why we’ll guide you through how to buy and sell USDT using a familiar payment method, Mobile Money (MoMo). 

Where to buy USDT in Rwanda?

There are different crypto exchanges you can buy USDT in Rwanda. However, you must be careful about selecting a secure and legitimate crypto exchange, so you are not scammed of your hard-earned funds. At the same time, you need to check for one that allows you to buy USDT with RWF and, of course, at the cheapest rate.

This is why Rwandans prefer to use a crypto exchange like Yellow Card, one of the most trusted places to buy and sell USDT. You not only buy USDT at the cheapest but at almost no fees with RWF. At the same time, Yellow Card prioritises the security of its customers with its cutting-edge security mechanisms ensuring the security of your funds. 

How To Buy USDT In Rwanda With MoMo

Yellow Card allows you to deposit RWF and buy USDT easily and instantly in three simple steps. Here’s how to buy USDT with MoMo on Yellow Card

1. Sign up on Yellow Card
   Signing up on Yellow Card is easy, quick and free. All you have to do is visit the website at Yellowcard.io or download the mobile app available on the Google play store and App store. 
2. Deposit RWF
   On your dashboard, select deposit and choose the Mobile Money (MoMo) option.
   Indicate the amount you want to deposit and confirm the transaction. Your RWF wallet will be credited once the deposit is confirmed. 
3. Buy USDT
   Once your account has been funded, you can buy USDT instantly. Select the "Buy USDT" option in your dashboard and input the amount of USDT you want to buy. Confirm the transaction. That’s all! You have successfully bought USDT, and your USDT wallet will be credited with the amount. Yellow Card also has a live chart where you can easily check the current rate of 1USDT to RWF.

Remember that the funds in your wallet are yours alone, and you can sell, withdraw or send your funds as you wish.

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How To Sell USDT And Withdraw RWF With MoMo

You can buy and sell USDT at the cheapest rate on Yellow Card. This can be USDT you bought on Yellow Card or received from any other external wallet. 

Here’s how to sell USDT and withdraw RWF:

1. Log in to your dashboard and click on the “sell” button
2. Indicate the amount of USDT you would like to sell
3. Confirm the transaction; your RWF wallet will be credited with the amount of USDT sold. You can now proceed to withdraw.
4. Tap the “Withdraw” option on your dashboard
5. Indicate the amount you wish to withdraw from your Yellow Card account
6. Tap Review & Confirm
7. Input your Transaction PIN and confirm details.

Your bank account would be funded instantly, with the amount withdrawn from your Yellow Card wallet.

However, it is essential to note that Yellow Card only supports USDT (TRC-20), that is, USDT on the Tron network. Why? USDT TRC-20 is faster and has the cheapest transaction fees making it the best alternative for you. Remember to verify that the USDT you send or receive from your Yellow Card wallet is USDT (TRC-20).

Buy And Sell USDT Instantly On Yellow Card

Yellow Card is a trusted place where you can easily buy and sell USDT in Rwanda with MoMo at the lowest fee. Yellow Card has also integrated a user-friendly interface that allows you to instantly buy and sell USDT and other available cryptocurrencies on its platform. 

Yellow Card also has 24/7 customer service to meet your needs while trading USDT. You can also learn more about USDT, cryptocurrencies, and other financial topics on Yellow Card’s free and detailed guide, Yellow Card Academy. 

USDT has a lot of potential for Rwandans, and connected to any internet-connected device; you can easily buy USDT from anywhere in Rwanda on Yellow Card. All you have to do is log in, click buy or sell, and you can access USDT in one click. 

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