What is the best Tether wallet?
Before you can start your cryptocurrency journey, you are required to have created and set up your personal Tether (USDT) wallet. By using your Tether (USDT) wallet, you can store and send Tether (USDT). In this article, you will get to know what a Tether (USDT) wallet is used for, what kinds of Tether (USDT) wallets are available, which ones we recommend and more.
What is a Tether (USDT) wallet?
A Tether (USDT) wallet is a physical device, software program or service that stores your public and private keys and interacts with the blockchain. You can compare your wallet's public key, which also functions as your "coin address", to your bank account number for Tether (USDT), where anyone can track the transactions made, but no one knows they are yours. Your private key serves as the access code to your Tether (USDT) bank account, which can be seen as the public key, and used to transfer Tether (USDT).
What kind of Tehter (USDT) wallets are there?
There is a wide variety of different Tether (USDT) wallets on the market you can use. The options differ from online wallets accessible through the web, to hardware wallets that are a bit more costly. On the picture below we have highlighted multiple wallet types and their attributes.
Which Tether (USDT) wallets does Anycoin Direct recommend?
At Anycoin Direct we recommend the following wallets:
- Online wallet: MyEtherWallet
- Software wallet: Exodus
- Software wallet: Guarda
- Mobile wallet: Exodus Mobile
- Hardware wallets: Ledger, Trezor
Be aware, that Anycoin Direct is not responsible for the usage of these wallets. Always do your own research!
How can you use your Tether (USDT) wallet on the Anycoin Direct platform?
You can use your Tether USDT (ERC-20) wallet to buy, sell or trade Tether USDT (ERC-20) on the Anycoin Direct platform. If you prepare your Tether (USDT) wallet and click the receive button, your Tether (USDT) wallet address will be shown, which you need to enter in the flow to buy Tether USDT (ERC-20). If you want to sell Tether USDT (ERC-20), you have to click the 'send' button in your Tether (USDT) wallet, which lets you enter Anycoin Direct's Tether (USDT) wallet address.