If you are not living under the rock, you would have heard the name of Tether (USDT).
Anyways, I don’t think you are one of those people who have been living under the rock, and it looks like you are searching for a reliable Tether (USDT) wallet.
Your search should end here because at TheMoneyMongers we present you only the wallets that we have used atleast once. Our team and our peers are busy all day doing this only !!
Moreover, a wallet for stablecoin like Tether is essential in this volatile and wild cryptosphere. Stablecoins like USDT, which are backed 1:1 by the real US dollars, help you cashout smoothly without the hassle of complying with fiat currency laws.
So here is the list of popular and reliable Tether wallets which you can use for daily use or while riding the crypto wave:
Best Tether USDT Wallets [For iOS/Android/Hardware]
|Tether (USDT) Wallets||Wallets|
|Tether (USDT) Hardware Wallets||Ledger Nano X [Recommended]|
|Tether (USDT) Android & iOS Wallet Apps||Coinomi|
|Tether (USDT) Desktop Wallet||Exodus|
Tether (USDT) Web Wallets
#1. Ledger Nano X [Tether Hardware Wallet]
Ledger Nano X hardware wallet has quickly become popular.
It is a newly launched hardware wallet and a flagship product of Ledger SAS- a France based start-up pioneering the security of digital assets.
I have been using Ledger Nano X to store some of my BTC, LTC, and USDT since last few weeks. The experience has been smooth so far, and it features it provides make it easily the most sophisticated hardware wallet available in the market.
Mainly, I liked the Bluetooth feature, which allows you to connect your iOS & Android devices with Ledger Nano X without any OTG or USB.
It is a batteried device which can last upto 5 hours and has a life of 5 years. Moreover, it is a non-custodial HD wallet where you get the seed words for back-up.
This way, you always remain in control of your Tether currency, which is must-have crypto to hedge against the volatility of crypto. So make sure you safely store your USDT otherwise there would be no meaning or no hedge for you.
#2. Coinomi [Tether iOS & Android Wallet]
Coinomi is another respectable wallet in the cryptosphere, and it was the mobile wallet which I used for almost two years.
The UI of the wallet is decent and allows you to manage 100+ cryptocurrencies through a powerful interface which is being developed by a few London based nerds.
The good thing is, Coinomi supports Tether. You can easily manage and store your Tether using Coinomi and expect to be in control of your stablecoin as it provides you the seed.
It is good to have multiple Coinomi wallets for various currencies. But make sure you are not storing your life’s worth on any mobile wallet, including Coinomi.
The wallet has an in-built exchange which can help you convert any other currency into USDT or USDT to any other currency to doge volatility.
As of now, Coinomi is available for iOS and Android device, but they have launched desktop clients as well, which I have not been able to check.
#3. Exodus [Tether Desktop & Mobile Wallet]
Exodus wallet is a powerful desktop wallet which became the mainstay for many crypto lovers in early 2016. That was because at the time, there was no other reliable and intuitive desktop crypto wallet available.
I still use Exodus for many of my ERC20 tokens and admire their simple UI which has not compromised on security least a bit.
The best thing is, Exodus all get integrated with Trezor allowing you have the best of both the worlds-i.e. the hardware security and software’s simplicity.
I have not stored USDT on Exodus, but it is similar to store any other ERC20 token on it.
Additionally, Exodus is a self-hosted wallet with an in-built exchange which helps you convert any currency to USDT without getting burnt by the volatility.
Exodus is available for Mac, Windows, Linux.
#4. MyEtherWallet [Tether Web Wallet]
Looking for a reliable web wallet to store your USDT coins?
Well, you have got you covered here.
MyEthereWallet is the solution. One of the long-standing web wallets of the ethereum ecosystem is the most reliable as well as popular wallet to store 1000s of ERC20 tokens.
That’s why you can easily store and manage your USDT ERC20 tokens on MyEtherWallet. The wallet is non-custodial for which you can seed or private keys which you can back-up at a safe place.
Make sure this back-up is done correctly because losing this would mean losing all of your USDT coins. Plus MyEtherWallet easily integrates with Ledger Nano X allowing you leverage the benefits of hardware with the software interface that you love.
#5. Omni Wallet
Omni Wallet is a web wallet for tokens issued over Omni protocol.
If you don’t know, USDT tokens are not only ERC20 tokens but also Omni tokens. Omni protocol is a layer used to issued tokens over the Bitcoin protocol.
The addresses used by Omni tokens is the same as Bitcoin, and a good amount of USDT is also issued on the Omni protocol. The concept remains the same of 1:1 US dollar backing but it’s just that the token issuance protocol is different.
You can store and manage your USDT Omni tokens on OmniWallet which is web wallet, but it provides you the private keys for back-up.
Where Can I Store Tether?
Now I believe you will be able to fairly decide which wallet to use for storing your USDT coins. My suggestion would be to go for:
- Ledger Nano X– If you want to hold USDT for the long term.
- Exodus– If you want to hold USDT for few months or weeks
- MyEtherWallet– If you’re going to hold USDT for few days or so
Some also suggest to keep your USDT on exchanges like Binance or Bittrex, but you should take this advice with a disclaimer that no coin or token is safe on exchanges.
But for USDT, I think the primary usecase is to be at exchanges so that you can quickly get-in or get-out of crypto but make sure you have your risk plans in place.
Now you tell us: How do you keep your USDT? Which Wallet are you planning to use? Do you have questions to be asked? Let us know in the comments below 🙂
Hey there! I am Sudhir Khatwani, an IT bank professional turned into a cryptocurrency and blockchain proponent from Pune, India. Cryptocurrencies and blockchain will change human life in inconceivable ways and I am here to empower people to understand this new ecosystem so that they can use it for their benefit. You will find me reading about cryptonomics and eating if I am not doing anything else.