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Author Topic: Hello all, I have some USDT but...  (Read 573 times)
ronwewee
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February 28, 2019, 04:58:16 AM
 #41

Hello all,

I have some USDT but don't want to keep it on exchange, any suggestion for me to keep it safe?

I heard that there are some cryptocurrency hardware wallets, do they support USDT?

Thank you for your help!

Have some wallet where you can put all your usdt into. In that case, you have the private key that best ensures that you control your money without any intervention from outside sources like trading platforms.
Little Mouse
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February 28, 2019, 05:02:07 AM
 #42

If your USDT is erc20 token, you can store it to your ETH address. Otherwise, you can convert those with USDC and store on coinbase. This one is the best idea so far.

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Ozero
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February 28, 2019, 05:20:01 AM
 #43

if you want to be safe then convert it back to fiat. whether it is the Tether you are talking about or some weird ERC20 token it doesn't matter. neither are safe, the token is probably even less safe especially since it is stealing another coin's name!

you may think Tether is safe because of all the fake promises you have heard but nobody promised any safety ever and the company issuing it is shady enough to not deserve any trust.
That is why I think that our funds should not be kept in stable coins for too long. This should be temporary and forced storage of our funds. While stable coins are very convenient to use, however, their security needs to be tested over time. The idea of stable coins is generally very good, but there are a lot of bad rumors around them.

Pom_bensin
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February 28, 2019, 06:12:53 AM
 #44

Hello all,

I have some USDT but don't want to keep it on exchange, any suggestion for me to keep it safe?

I heard that there are some cryptocurrency hardware wallets, do they support USDT?

Thank you for your help!
Nano Ledger can be a recommendation for you to keep your USB safe. my friend now uses nano to store usdt coins and is still safe until now from hacker attacks
slashz9
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February 28, 2019, 06:21:02 AM
 #45

of course, many coins can make their offline wallet, you can exchange them for USDT.
but if it is only to save it it is better to save fiat, why should you bother changing your fiat into crypto currency if only to be the same value, unless you intend to trade it and wait for the right time to buy.
if it's not better to save in fiat form, because USDT is the same as the USD the value is stable.
semobo
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February 28, 2019, 11:48:30 AM
 #46

Hello all,

I have some USDT but don't want to keep it on exchange, any suggestion for me to keep it safe?

I heard that there are some cryptocurrency hardware wallets, do they support USDT?

Thank you for your help!
How much amount of USDT you are holding,if it is less than $1000 then you can use MEW to store it and it is highly secured than other wallets for USDT,or you can but a hardware wallet for long term storage purpose.
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February 28, 2019, 12:44:02 PM
 #47

Yes, it is one of the safest options to store your usdt coins. Your choice you can store coins in a hardware wallet Trezor or Ledger. But there are more simple variants, for example mobile applications Coinomi or Ambisafe Wallet.

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icalical
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February 28, 2019, 12:51:31 PM
 #48

It depends on which USDT you have, there is the original USDT with Omni Layer Protocol or the new one is USDT with erc20, both do not have native hardware wallet support, so the best option is web wallet. If you have USDT with Omni you can use Omni Wallet, and if you have the ERC-20 USDT you can use MyEtherWallet (I have heard that you can connect MyEtherWallet to ledger). If you don't know which one is your USDT, you can check it by looking at the USDT address of your exchange, if it has "0x" initial, then it is ERC-20, if it has either "1", "3" or "bc1" then it is Omni Layer.

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