How to buy USDT on P2P with New Year discounts
European Union restrictions on USDT
Let's consider two questions: 1. How to buy USDT on P2P with New Year's discounts and 2. European Union restrictions on USDT
1. How to buy USDT on P2P with New Year discounts
In the coming days, there is a high probability of finding profitable offers to buy USDT on P2P platforms. If you have free hryvnia, I recommend taking advantage of the moment to purchase.
Why are discounts possible?
- End of the month.
- Holidays, which traditionally reduce demand.
- Active cash withdrawal for gifts and holiday expenses.
Now is the perfect time for profitable investments!
Which exchanges are better to use?
Where is it beneficial to store USDT?
1. MEXC 100% APR
2. Launch pool on Bybit from December 31
2. European Union restrictions on USDT
According to the requirements of the pan-European MICA (Markets in Crypto-assets) regulation, all cryptocurrency operators serving EU citizens or residents must stop conducting transactions with stablecoins from providers that do not have a European e-money license by December 30, 2024. This innovation applies to the USDT stablecoin within the European Union (source).
This rule applies to users of crypto exchanges with citizenship or resident status of European Union countries.
For the rest of the users, including Ukrainians, no changes are foreseen due to the implementation of MICA.
Restrictions on deposits and withdrawals in the USDT stablecoin will temporarily apply only to users from the EU.
List of countries to which this restriction applies:
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, Norway.
If you have passed KYC 1 or KYC 2 verification on crypto exchanges using Ukrainian documents, nothing changes for you. All services remain fully available.
If you fall under the new requirements, we recommend that you contact your exchange's technical support for details.
Some recommendations. To reduce risks, I recommend distributing assets between different stablecoins such as USDT, USDC, or other cryptocurrencies. If you have doubts about USDT, you can always switch to USDC.
Remember, your assets are your decisions!