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Topic: Hello all, I have some USDT but... (Read 613 times)

sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
February 28, 2019, 08:51:31 AM
#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.
jr. member
Activity: 448
Merit: 2
February 28, 2019, 08:44:02 AM
#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.
full member
Activity: 1498
Merit: 146
February 28, 2019, 07:48:30 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.
full member
Activity: 1554
Merit: 101
February 28, 2019, 02:21:02 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.
full member
Activity: 812
Merit: 100
February 28, 2019, 02:12:53 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
full member
Activity: 2142
Merit: 183
February 28, 2019, 01:20:01 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.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
February 28, 2019, 01:02:07 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.
copper member
Activity: 112
Merit: 1
February 28, 2019, 12:58:16 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.
sr. member
Activity: 686
Merit: 257
February 27, 2019, 10:58:58 PM
#40
As far as I know of, Trezor support USDT. You may want to clarify with the support if you plan to buy. However if your USDT is an ERC20 token, both Ledger and Trezor support MEW.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
February 27, 2019, 09:16:58 PM
#39
You should think very well, because if you put it in an ERC20 token it is not very secure, the exchange has a little more security, if you do not like Binance, you should look for another Exchange that also allows USDT, but it is advisable to keep it there.
member
Activity: 714
Merit: 11
BountyMarketCap
February 27, 2019, 08:13:31 PM
#38
indeed, hacking has recently occurred in a number of exchangers. but myetherwallet, or coinbase is safe for storing the assets you want to buy.
jr. member
Activity: 434
Merit: 1
February 25, 2019, 05:09:05 AM
#37
You can just make a new wallet ethereum blockchain because its a token so it can be stored in the ethereum wallet.
newbie
Activity: 7
Merit: 0
February 25, 2019, 04:52:10 AM
#36
Almost nobody uses ETH ERC20 version of USDT.

For USDT omni users, you can use Bitpie Wallet bitpie.com to send and receive USDT.
Bitpie's hardware wallet BITHD bithd.com will support USDT omni in the next version (next week). So you can use BITHD to store large amount of USDT.

Also, we are considering to support USDT omni in our Bither Cold Wallet bither.net
That's amazing update!
hero member
Activity: 2268
Merit: 507
Catalog Websites
February 20, 2019, 02:01:50 AM
#35
As suggested, go for ledger nano s.
You will never have any issue and headache with them.
I don't have USDT but I've been using Ledger for years.
jr. member
Activity: 322
Merit: 1
February 20, 2019, 01:58:42 AM
#34
now there are many markets that support USDT, I think the USDT tokens will dominate the crypto market in time, one of the exchange supports is probit.
hero member
Activity: 2814
Merit: 576
February 20, 2019, 01:54:59 AM
#33
For Ethereum Based USDT storage you can use MEW

OP is looking for hard wallet, I think this is not.

Quote
I heard that there are some cryptocurrency hardware wallets, do they support USDT?
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
February 20, 2019, 12:35:01 AM
#32
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!

My suggestion is you should convert it in bitcoin or altcoin and then moves your coin to another wallet. You can use Jaxx, Coinomi, or CoinPayment for android phone or you can move to Ledger which will ensure more safety because you can save it privately without anyone know. It is better to buy coins for investment than to save in USDT for a long time.
hero member
Activity: 661
Merit: 503
A simple and secure Bitcoin wallet!
February 20, 2019, 12:27:22 AM
#31
Almost nobody uses ETH ERC20 version of USDT.

For USDT omni users, you can use Bitpie Wallet bitpie.com to send and receive USDT.
Bitpie's hardware wallet BITHD bithd.com will support USDT omni in the next version (next week). So you can use BITHD to store large amount of USDT.

Also, we are considering to support USDT omni in our Bither Cold Wallet bither.net
sr. member
Activity: 543
Merit: 281
February 20, 2019, 12:23:14 AM
#30
What is the purpose of holding USDT? Just like USD, currency was made to spend because in the long run you will have less value, precisely because it's inflationary. Remember that USDT printing is endless so you will have something worth over 1 USD! You probably are not considering that one day the BTC will return to gain more value in relation to the USDT. Regarding your question, it's better to leave in USD than in USDT because sometimes USDT is below 1 USD.
newbie
Activity: 7
Merit: 0
February 19, 2019, 11:50:11 PM
#29
Usdt is more of a eth based token so definitely you can store that on other wallets as well as the offline and physical wallets.

UDST is issued both on Omni and ETH. However, it's more frequently used on Omni. you will see the comparison on through the block exploeror.

https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7

There are only less than 3000 addresses of USDT-ERC20.

 Therefore, it's more BTC-Omni-based Token.


I would recommend Bitpie Wallet for 2 reasons:
1. Bitpie team also developed the Bither Wallet (bither.net), which is recommended by the official bitcoin site:https://bitcoin.org/en/choose-your-wallet. This explains well the background and credibility of this product;
2. As known to all, sendig USDT-omni needs BTC as miner fee, though small amount. However, bitpie wallet, has a very good feature-- sending USDT consumes USDT directly instead of comsuming BTC. This is very convenient for me.

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