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Author Topic: Using a third party service for USDT wallet.  (Read 126 times)
samaney (OP)
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July 05, 2023, 02:46:42 PM
 #1

Hi.

I want to use USDT wallet.

I found "trust wallet" service. However I have one concern. If trust wallet goes out of service, I guess I will lose my USDT address? Is there any way to recover that?

I want to use a TRC20 wallet. How can I open a TRC20 wallet without third party service? Direct from center of USDT - not a third party service?

Thank you.
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July 05, 2023, 02:53:50 PM
Merited by tranthidung (1)
 #2

Well, Trustwallet give you a seed phrase which you can save, that way if they ever go down, you can always recover your wallet elsewhere.

Alternatively, if you want an open source wallet, then you have Unstoppable wallet[1][2]. It supports USDT on Tron and a few other chains.

[1] https://github.com/horizontalsystems/unstoppable-wallet-android
[2] https://unstoppable.money/

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samaney (OP)
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July 05, 2023, 02:54:53 PM
 #3

Well, Trustwallet give you a seed phrase which you can save, that way if they ever go down, you can always recover your wallet elsewhere.

Alternatively, if you want an open source wallet, then you have Unstoppable wallet. It supports USDT on Tron and a few other chains.

Thank you!....
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July 05, 2023, 02:56:36 PM
 #4

Trust wallet is a non custodial wallet where they will give you private key, you can use this private key (from Trust wallet) to access your wallet through any other non custodial wallet e.g. Unstoppable, Atomic, Safepal, etc. So you don't need to worry if Trust Wallet disappeared, but Trust wallet isn't a good choice due to closed source.

As for TRC20 wallet, it's same, you just need to find and use non custodial wallet.

Custodial wallet e.g. centralized exchange is where you must avoid to leave your coins because if they're disappear, your coins also disappeared too e.g. Mt.Gox, FTX etc.

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July 05, 2023, 02:56:46 PM
 #5

Unstoppable wallet support USDT on Tron blockchain and many othe ones, like Optimism, Arbitrunm, ERC20, Ploygon and Solana. I will advice you to use unstoppable wallet because it is open source. Trustwallet is close source.

I found "trust wallet" service. However I have one concern. If trust wallet goes out of service, I guess I will lose my USDT address? Is there any way to recover that?
It is a noncustodial wallet. You have your seed phrase which you can use to recover your coins, even on other BIP39 wallets.

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samaney (OP)
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July 05, 2023, 03:08:25 PM
 #6

Hi. With your collective suggestion I went to unstoppable.

But I am using PC and it directs me to mobile app. Is there any signup link for PC for unstoppable? Web or desktop software?
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July 05, 2023, 03:12:12 PM
 #7

Hi. With your collective suggestion I went to unstoppable.

But I am using PC and it directs me to mobile app. Is there any signup link for PC for unstoppable? Web or desktop software?
Unstoppable wallet is only having mobile wallet for now.

As for me, I go for Unstoppable wallet.

What you can still do is to buy a multicoin hardware wallet like Trezor.

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samaney (OP)
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July 05, 2023, 03:13:03 PM
 #8

Hi. With your collective suggestion I went to unstoppable.

But I am using PC and it directs me to mobile app. Is there any signup link for PC for unstoppable? Web or desktop software?
Unstoppable wallet only having mobile wallet for now.

Thanks to all of you!...
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July 05, 2023, 03:15:01 PM
 #9

That's the beauty of using a non-custodial wallet, even if Trust wallet runs out of business all you have to do is look for another wallet that uses the BIP39 - Mnemonic Code and also supports Tron Network and imports it into that wallet and you'd be good to go. Those posts above mine have already suggested a good non-custodial wallet for you, I'd prefer you get a mobile phone to allow you use Ustoppable wallet instead of using Trust Wallet since it's an open source, unlike Trust Wallet that's closed.


The only thing that's required of you now is to keep our secret phrases safe.

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July 05, 2023, 03:16:47 PM
 #10

Trust wallet is a non custodial wallet where they will give you private key, you can use this private key (from Trust wallet) to access your wallet through any other non custodial wallet e.g.
Trust wallet is not open source and it is a big issue, maybe not now but in future, who knows?

A big warning is from Atomic wallet.
Atomic Wallet hacked! Get your funds out now!

You will not always have chance to get your funds out if a wallet is compromised like that.

Quote
As for TRC20 wallet, it's same, you just need to find and use non custodial wallet.
Most EVM-compatible wallets will start with ERC20 chain first and move to other chains like BEP20, TRC20, ...

Quote
Custodial wallet e.g. centralized exchange is where you must avoid to leave your coins because if they're disappear, your coins also disappeared too e.g. Mt.Gox, FTX etc.
Put our your funds to exchanges then you only can pray that they will not be hack or scam you.
Reminder

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July 05, 2023, 03:17:54 PM
 #11

But I am using PC and it directs me to mobile app. Is there any signup link for PC for unstoppable? Web or desktop software?

Unfortunately, there are currently no desktop/web versions for it. See the developer's response from 2020[1].

Trustwallet, SafePal, Exodus all either have a desktop wallet or a browser extension but as mentioned above, these are closed-source wallets.

So if you don't want to go with that either, you have a couple of solutions:

- Install Bluestacks (an android emulator) on your desktop and then use Unstoppable on it.
- Or, if you're only interested in using USDT, you can use Tronlink extension.

[1] https://github.com/horizontalsystems/unstoppable-wallet-android/issues/2463

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July 12, 2023, 02:04:54 PM
Last edit: July 12, 2023, 03:08:07 PM by blockman
 #12

If there is no option. Then your choice could be exodus[1] or atomic wallet[2] if you have no other preference and if you don't want to get on unstoppable wallet on its app version. But yeah, closed sourced multi-wallets.

[1] https://www.exodus.com/tether-usdt-wallet
[2] https://atomicwallet.io/tether-usdt-wallet

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July 12, 2023, 02:29:56 PM
 #13

If there is no option. Then your choice could be exodus[1] or atomic wallet[2] if you have no other preference and if you don't want to get on unstoppable wallet on its app version. But yeah, closed sourced multi-wallets.

I definitely wouldn't recommend Atomicwallet. As mentioned above, the wallet is supposed to be non-custodial, and yet many users have recently got their funds stolen[1] and what's crazy about this whole thing is that even now, after more than a month from the incident, the company still claim that they don't know what caused this which doesn't make much sense when they recently pushed a "mandatory security update"[2]

[1] https://bitcointalk.org/index.php?topic=5454994.0
[2] https://bitcointalk.org/index.php?topic=5454994.msg62475255#msg62475255

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July 12, 2023, 03:13:40 PM
 #14

If there is no option. Then your choice could be exodus[1] or atomic wallet[2] if you have no other preference and if you don't want to get on unstoppable wallet on its app version. But yeah, closed sourced multi-wallets.

I definitely wouldn't recommend Atomicwallet. As mentioned above, the wallet is supposed to be non-custodial, and yet many users have recently got their funds stolen[1] and what's crazy about this whole thing is that even now, after more than a month from the incident, the company still claim that they don't know what caused this which doesn't make much sense when they recently pushed a "mandatory security update"[2]

[1] https://bitcointalk.org/index.php?topic=5454994.0
[2] https://bitcointalk.org/index.php?topic=5454994.msg62475255#msg62475255
Thanks, I've forgotten that fiasco that has been made by them. I've already edited my suggestion so it should only be Exodus then. But still, OP should be known to it that many of these multi wallets are mostly centralized and close sourced.

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