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Author Topic: Which wallet is the best for use Tether USDT  (Read 242 times)
cryptoaddictchie
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November 05, 2021, 07:44:58 AM
 #21

I want to buy some Tether USDT.
but the bitgo wallet don't have Tether wallet.
Which wallet is the best for USDT?
For me used any wallet that holds your own key so you are safe from storing any coin or tokens. Used a hardware wallet if you have budget and there are other free source or Web or app wallet that are trusted like metamask or trustwallet.

I think Usdt are supported with all hardware wallet but not sure which chain they are supporting.

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November 05, 2021, 10:12:48 AM
 #22

I think Tether is good.
fadil46
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November 05, 2021, 10:54:40 AM
 #23

I want to buy some Tether USDT.
but the bitgo wallet don't have Tether wallet.
Which wallet is the best for USDT?
Many wallets can be very suitable for storing USDT,
You can use Trustwallet, Myetherwallet and also Metamask with any network you like, so you can save and use it when you need it anytime.

Jackl87
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November 05, 2021, 11:04:03 AM
 #24

I want to buy some Tether USDT.
but the bitgo wallet don't have Tether wallet.
Which wallet is the best for USDT?

USDT is a ERC-20 token which means it is a token on the Ethereum Ecosystem. Since a few months aso there is also a USDT on the Binance Smart Chain, so every wallet that is supporting ERC-Tokens or Binance Smart chain Tokens can be used to deposit and withdraw USDT and pretty much every big wallet is supportin both Ethereum and Binance Smart chain, so you can freely choose between metamask, trustwallet or exodus just to give a few examples. You should consider though that USDT is not considered as the safest Stable coin out there, as there are others like for example USDC that seem to be more secure in therms of reserves.
BitcoinGirl.Club
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November 05, 2021, 11:07:28 AM
 #25

DAI is claimed to be decentralized but I have no idea as I haven’t had a closer look.
Nice idea but sucks to see it's in Ethereum Blockchain. But my question is since they claim to be decentralized then how do they control the price?

Quote
The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time new DAI is minted.
https://coinmarketcap.com/currencies/multi-collateral-dai/
What about the USD those were withdrawn?

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November 05, 2021, 11:26:48 AM
 #26

I want to buy some Tether USDT.
but the bitgo wallet don't have Tether wallet.
Which wallet is the best for USDT?
you should try trust wallet since this wallet has TRC20 and ERC20 network for Tether USDT,  And you know the transaction speed is okay as well based my experience and it's available for mobile devices which is good to have an easy access to your funds.. And as usual you need phrases to recover your funds and you can set your security to make it very secured, so probably a good recommendation in my personal opinion.  Smiley

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