Best USDT Wallets That You Can Use In 2020
Tethers (USDT) wallets are very safe wallets for traders who want to avoid periods of market volatility. USDT is one of the stable coins that was launched on the Omni layer protocol and later transitioned to ERC20 and Tron blockchain.
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Best USDT Wallets That You Can Use
It is supported by a majority of platforms and is widely used for trading, especially crypto to crypto exchange. Tether or USDT is one of the top 10 cryptocurrencies in the world. So it must be stored securely and here are some of the best USDT wallets that you can use.
Factors To Be Considered
Before that, let’s look at the factors to be considered before selecting a wallet.
- The wallet is to secure your coins. So the most important factor to be considered is the security. Makes sure that the wallet is secured by using two-factor authentication.
- Do not share your private keys with anyone and you should have total control over it.
- Select the most compatible interface
- Select a user-friendly interface according to your need
- Check whether the wallet interface is compatible with your device
Best Tether wallets
Ledger Nano S
Ledger Nano S is a hardware wallet for storing your Tether coins. This is one of the best Tether wallets and private keys will be stored in the cold storage itself. You can assign a secret number and can send or receive coins by putting this secret number.
This helps you to recover your wallet even if your device is stolen. Even though Ledger Nano S is a bit expensive, it is the most secure wallet in the crypto world.
EXMO
EXMO is the safest wallet not only to store your coins, but it is also convenient to make transactions, learn about exchange rates, and to decide about managing tokens. It is the largest cryptocurrency exchange popular in CIS countries, which is legally registered in the UK. users are more trusted to this platform because it is controlled by the national financial regulator.
The interface of EXMO is very simple and compatible. Every beginner and advancers can use this risk freely. It supports all popular cryptocurrencies not only USDT. The most important advantage is that you can fund your account using fiat currencies.
Binance
Binance is the largest cryptocurrency exchange that supports storing and transactions of USDT launched in 2017. You can use the Binance platform to trade USDT on a regular basis. The wallets are secure as it includes two-factor authentication, but has a bit high commissions for withdrawing USDT coins.
The important feature which makes Binance distinct from other USDT wallets is that it supports more than 10 languages and has optional identity verification.
Exodus
Exodus is a simple to use the wallet. So even a newbie can use it easily. It supports multi-currencies and provides all the necessary tools. Exodus is a desktop wallet that doesn’t have any deposit fees or withdrawal fees. Any registration or identity verification is required to conduct transactions in this platform and they also provide 24/7 customer support.
Tether coins are designed to give stability to the US dollar. Today, it is widely used for trading. So storing Tether coins securely in a wallet is essential. While selecting a wallet, we have to consider several factors as given above. The above given 4 USDT wallets are the most secure Tether wallets and fulfill all the factors and expectations.
