Hello all, I have some USDT but... - page 3.

logfiles

copper member

Activity: 2198

Merit: 1837

🌀 Cosmic Casino

Quote from: thecoinbeginner on January 29, 2019, 03:13:59 AM

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

Incase you want to store the Omni Layer based USDT, Trezor one Hardware wallet had a recent update that now supports Omni Layer. So you should be able to transfer your coins there without any Issue
More details about the support: Trezor One: Support for OMNI layer

poochpocket

sr. member

Activity: 458

Merit: 265

Firstly You need to confirm which type of USDT you hold as there are two types USDT (Omni Layer) based on Bitcoin Blockcahin and USDT ( ERC20) based on Ethereum Blockchain and both of them have different ways of storage.

To identity the difference the simplest method is to check the wallet address were they are stored. If the address starts with "0x" it is sure to be a Ethereum based USDT else it is a Omni Based one.

For Omni Layer USDT storage you can use Omni Wallet

For Ethereum Based USDT storage you can use MEW

Please always verify which type of USDT are you dealing with which will help you in not loosing your funds.

CryptopreneurBrainboss

legendary

Activity: 2478

Merit: 4341

eXch.cx - Automatic crypto Swap Exchange.

Quote from: thecoinbeginner on January 29, 2019, 03:13:59 AM

Hello all,

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

Found some information I think might be useful to you.

Best wallets and strategies for storing Tether (USDT)

Joe Khidir

newbie

Activity: 7

Merit: 0

There are two versions of USDT, one is USDT erc20, another is USDT-Omni.

However, if you look at the block browser: etherscan.io, you will find the exact holder addresses of USDT-ERC20 is not too many--only 2787 addresses.

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

In contrast, USDT-Omni is more popular and more important for Tether, most of the USDT users are holding USDT-Omni.

Stable coins is very essential for investers to take part in the investment of cryptocurrencies. it's a bridge of the tradiditonal fiat world to the digital currency world. it has many merits, e.g. arbitrage and asset hedge etc. i would not state all the merits; if you are interested in that theroy research, you can find many on the internet.

In terms of USDT wallet. i'd like to recommend you the bitpie wallet( bitpie.com). It supports over 30 mainnet blockchains, including BTCBTC, ETH and EOS and so on. Of course, both USDT-Omni and ERC20 are suppported. I have been using it for over 3 years. It is my major wallet storing most of my assets.

Retina

member

Activity: 252

Merit: 59

Quote from: thecoinbeginner on January 29, 2019, 03:13:59 AM

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!

if you can want so you have many way exchange from USDT to BTC/ETH/etc.
Solution-
1. you go to Currency exchange section in this forum and https://bitcointalk.org/index.php?board=53.0 and many people helped you for exchange this.

Solution-
2. if you can want so you can use bttrex, binance, or any trusted and popular exchanger/trading plate-from and get USDT to BTC/ETH/etc.

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: thecoinbeginner on January 29, 2019, 03:13:59 AM

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!

If you have erc20 usdt, you can store it in ledger nano. If not, I don't know any hardware Wallet that can store omine layer token...

However, I strongly advice you to sell it and buy some Fiat currency. It may be usd or any other.
Usdt is like lending money to bitfinex. This is highly risk and you are not receiving any interest rate for the risk.

IlVeroNico

full member

Activity: 621

Merit: 214

AFAIK there are 2 kinds of Tether, and one is an ERC20, so can be stored on any Eth wallet.

Since i've never used USDT though i don't really know how to say if what you have is an eth token or not...

thecoinbeginner

newbie

Activity: 3

Merit: 0

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!

Topic: Hello all, I have some USDT but... - page 3. (Read 655 times)