How to buy USDT, step by step

Seven screens from the offer list to your wallet. You pay a seller directly from your own bank account or Telebirr; the seller's USDT is locked in escrow the whole time.

Step by step

The screenshots come from the Collext app on iPhone with a demo account. Offers marked Demo are samples; real offers look the same without the badge. The website works the same way.

  1. Step 1

    Open Trade and pick an offer

    Tap Trade, then Buy. Every offer shows the seller's price for one USDT, how much USDT is left, the limits in Birr and the banks they accept. Sort by best price, completion rate, most trades, volume or fastest release, and filter by currency or bank.

    The Collext Trade screen on the Buy side: a list of sellers with their price in ETB, available USDT, limits and accepted banks
  2. Step 2

    Enter how much USDT you want

    Type the amount of USDT. The Birr you will pay is worked out from the seller's price and shown straight away, with the seller's limits under the box. Pick the bank you will pay through and check the payment window, then tap Buy USDT.

    The offer screen with 10 USDT entered, showing the total to pay in ETB, the bank to pay through and the 15 minute payment window
  3. Step 3

    The seller's USDT is locked; pay the seller

    As soon as you place the order, the seller's USDT is locked in escrow, so it cannot be sold to anyone else. The order shows the exact amount, the seller's bank, account name and account number, and a countdown. Send exactly that amount from an account in your own name, and put the order ID in the transfer note.

    The order screen with a 29 minute countdown, the amount to send in ETB and the seller's bank account details
  4. Step 4

    Paste your receipt

    After you pay, copy the receipt link from your bank's app (CBE, Awash or Dashen) or the Telebirr transaction ID, paste it into the box and tap I've paid. If you paid in parts, add one receipt for each part.

    The payment box filled in with a CBE receipt link and the I've paid button ready
  5. Step 5

    We check the payment

    Receipts from Telebirr and from the CBE, Awash and Dashen apps are checked automatically against the bank's own record. A transfer from any other bank is confirmed by the seller. This usually takes a few minutes, and you can leave the screen: you get a notification when the order is done.

    The order screen showing Verifying CBE payment with the receipt marked Checking
  6. Step 6

    The USDT is released to you

    Once the payment is verified, or the seller confirms it, the escrow is released and the order shows Trade completed. Trades are free: you receive the full amount. The service fee is only taken when you withdraw.

    The order screen showing Trade completed with all four steps ticked: Locked, Paid, Verified, Released
  7. Step 7

    Find it in your wallet

    The USDT is in your wallet straight away. Keep it there, sell it later for Birr, or withdraw it to your own address on TRON, BNB Chain, Ethereum or Aptos. The trade shows in your activity.

    The Wallet screen with a USDT balance and a trade credit in the activity list

Questions people ask

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Updated 2026-10-23. Crypto assets are volatile; see our risk disclosure.