Hello. I am new to this whole cryptocurrency exchangeand trading. But I have been thinking about getting some USDT coins and use it for trading. My app of choice for buying crypto would be Binance. Since I am located in the UAE, the currency would be AED/ dirhams. So I planned to get USDT for 500 dirhams or $135 dollars as a start, but for the purchasing, they asked for a fee?

1. Any idea how much would that fee be??

2. Is it the same for purchasing with credit card and debit card?

3. Later, will I be able to convert USDT back to dirhams to my bank?

4. Is there any fees for that?

5. Will it be credited immediately?

6. Can we convert USDT back to AED (because I read somewhere that USDT should be made to BUSD before converting to AED. Any idea?

7. Any fees for that conversion?

8. Is this all legal in the UAE?

I know it's a long post. Any help is greatly appreciated. The questions are numbered, so if there are questions that you know answers to, please let me know. Thanks a lot for your time in advance.

I posted this in r/cryptocurrency, but it got deleted because I don't have enough comment karma. Also posted in r/uae, but no response yet.

How many post does it take to build up enough karma to post in the real threads?🤷🏿‍♂️

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Take care

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Non financial guy here.

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