Topic: Is it possible to Send USDT without BTC as Miner Fee? (Read 290 times)

This I do not understand. You should pay the fee in Tether or in Ethereum it is an ERC-20 token (for now, soon it will be TRC-20  ).
Very confusing. Let us know how did you solve this problem. 

USDT is a token that runs on top of the Bitcoin blockchain via the OMNI protocol layer. While regular Bitcoin wallets won't recognize it, there are some clients that do. You can think of it as something like an ERC20 token.

unfortunately usdt is not an altcoin in itself but is connected to bitcoin then as all transactions operated on the blockchain bitcoin will need a fee to be realized

I think only exchange based wallets lets user pay the transaction fee in the coins and tokens that you want to withdraw or transfer while from eth or btc private wallets where you own the wallet you have to pay the miner fee in eth or btc to transfer the coins.

I didn't even realized you could have a USDT wallet at all, I believed USDT was something that only exchanges have so people could go back to dollar for a while when they think bitcoin would go down as a way of protection for them without actually withdrawing their money and cashing out their bitcoin to fiat and wait, USDT was just suppose to be a way of doing that quickly.

On the other hand for people who said all crypto currencies have a transaction fee because of miners and such I have seen couple of coins with no transaction fee at all. If I am not wrong I remember Nano was one of them, you could send and receive Nano without paying a fee at all, I don't know if that is still possible or they are like that to this day but at one point they were like that.

IMHO, more and more people are using wallet to manage their USDT rather than keeping them in an exchange. However, if you are sending USDT via a wallet, you should be asked to pay some bitcoin as miner fee. This perhaps is a right timing also for me since I'm currently exploring a future cryptocurrency exchange platform named Bitrus. Anyway, USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol(Use OP_RETURN in Bitcoin transaction to store USDT transaction information). Therefore, an USDT transaction is actually a bitcoin transaction. Consequently, it needs to pay a bit of bitcoin as the miner fee for an USDT transaction. Just my two cents  on this....

You can't pay fees with usdt if it uses the Bitcoin blockchain then it has to follow the Bitcoin protocols. Unless usdt has its own blockchain then it can be used today for mining fees on its blockchain and if any project launches on its blockchain will follow it's protocols.  There has not been such options to choose which token to pay the mining fee with

It is possible to send coins without miners fee but it is not advisable because you coins may be stuck in the blockchain for months, take yourself as the miners who is spending a lot in power consumption, would you love a transaction without benefit to you confirmed.

Hence, it's always a best practice that you always need to include the current trend of fee and you even send the coin with a more higher fees so that you can get it confirmed quickly, though if you are sending from an exchange, you have to use the fees specified.

Although it worth the same and backed by the same company, it is difficult for you to find other place (exchanges) to use.
So for normal users, just use BTC version.

If you are wanna doing it use blockchain and bitcoin is a must to pay the fees, but when you wanna send your amount to your friend without any fees and then just try to send your privkey through email. This looks a crazy idea but that's the only way.

I believe. However there is no reason to consider it an inferior usdt version. It is worth the same as BTC tether and is backed by the same company. If you are worried about fees, it is a good option

Almost nobody uses ERC20 version of USDT, believe me,

Hi OmegaStarScream,
I am the developer of Bither Wallet. Bither is an open-source Bitcoin wallet, and it is the world first Hot/Cold wallet which is using QR-Code as Hot/Cold communication method.

Bitpie.com is another wallet developed by our team. The reason of developing another different wallet in different way is because Bither is a decentralized SPV wallet and it needs to sync blockchain data with nodes on bitcoin network. It is good, but difficult to extend more flexible functions, such as multiple chains or in wallet exchange services. So we developed another wallet, called Bitpie. Bitpie does not communicating with bitcoin nodes directly, it connects to our servers APIs for querying the blockchain data and other things, that means Bitpie is not THAT decentralized.

Bitpie supports multiple different blockchains, for example, Bitcoin, Ethereum, EOS, USDT, TRX, Dash, Zcash, Litecoin, Dogecoin, and so on, and also Bitpie supports ETH ERC20 tokens, EOS/TRX Dapps. Bitpie also supports instant trade (currently in China CNY, we may support USD and HKD in next month), and also instant exchange between different blockchain assets (BTC/ETH/EOS/USDT).
Although Bitpie is not so popular in other country, it is almost the most famous wallet in China today, and we are working hard to help more people all over the world to enjoy our products.

Because Bitpie has different design and purpose with Bither, we use different open-source strategy.
For Bither, it is full open-source, and we are continue our works on it (to make a better decentralized SPV Hot/Cold wallet), and next week, Bither will have another new version with better performance on importing private keys and reloading transaction data.
For Bitpie, it is close-source, we may consider the Bitpie's open-source strategy in the future, but for now, it is still close-source.

Also to remind, today, we have another hardware wallet called BITHD.com , it has card design and watch design, and it supports multiple chains and also supports BTC/ETH/EOS multisig. BITHD is full open-source, including hardware design and firmware source code.

Thanks.

Bither Team

I used Bitpie to claim countless shitforks back in the day. They also had an exchange on there that allowed you to get rid of them. Then out of the blue the exchange was extinguished with an unsignalled update thus leaving me left holding a large dollop of shit.

For that unprofessional move I would not be inclined to entrust them with my money.

Thank you very much! I'd like to try bitpie wallet.

thank you!

Trezor also has an in-built exchange yet is fully open source, so having an in-built exchange does not necessitate being closed source But yes, I suppose the lines between being a wallet / being an exchange app are getting blurred in this case, especially with the use case of exchanging USDT for BTC in the background to allow for a cleaner user experience (ie. replacing the BTC mining fee with an USDT mining fee on the surface).

There are erc20 tethers also. So if you want to save on fees, you could get the usdt erc20 token and you will pay some fees using Eth, but its much cheaper than btc

Nice find. Also there doesn't seem to be any source code available for this wallet, so I wouldn't touch this wallet with a ten foot pole.

Googling your question popped up this article as the first result, it's been published just yesterday too Odd coincidence huh?

https://medium.com/@Bitpie/bitpie-wallet-enables-sending-usdt-onchain-transaction-without-btc-miner-fee-6a49d03572ce

Anyways.. I googled Bitpie, and while it's not really the most well-known wallet out there, I couldn't find a lot of people having issues with it, so it could be safe to use.

I'm not willing to test it out for myself, so to any guests reading this in the future if this title gets some traction, caveat emptor.