Top USDT ERC20 Wallet
to Store Tether in 2024

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Time to read: 10 min

In 2024, choosing the ideal ERC20 USDT wallet becomes especially important because of the rising popularity of Tether as a stablecoin.

The ERC-20 standard has become a favorite due to its adaptability and widespread adoption on the Ethereum platform, particularly in DeFi operations. USDT, in turn, gives users stability and minimizes risks by being tied to the US dollar.

This article explores the best wallets for storing Tether ERC20 securely. We’ll guide you through selecting the top desktop and hardware wallets and explore how to find a service that’s both secure and user-friendly.

The Key Difference Between Tether ERC20, TRC20, OMNI

Tether (USDT) initially appeared on the Bitcoin blockchain. Due to its rising popularity, it was also introduced on other major blockchains, each offering unique advantages and drawbacks.

  • USDT Omni is based on the Bitcoin blockchain, using the Omni Layer protocol. A wallet address is created in the same way as a Bitcoin address, and all transactions occur on the Bitcoin network.
  • USDT ERC-20 operates on the Ethereum blockchain.
  • USDT TRC-20 functions within the TRON blockchain.

Tether is also available on the Binance Chain, Binance Smart Chain, EOS, Algorand, and in a special form known as Tether Gold, which ties its value to gold.

The newer USDT versions generally provide quicker and cheaper transactions. The expansion of Tether onto additional blockchains caters to the growing number of decentralized applications developing on platforms like Ethereum, TRON, and Binance Smart Chain.

Each USDT standard works strictly within its respective network, meaning you cannot send USDT to a blockchain that does not support that specific version.

What Is ERC-20 Standard?

ERC-20 is one of the standards for tokenized assets on the Ethereum blockchain, established in 2017. All tokens released must follow one of the existing standards to ensure they can interact smoothly and efficiently with each other. Before standardization, coordinating interactions between two or more projects was challenging, as each project had to modify its code to work with specific smart contracts.

Now, this issue is resolved. New crypto assets are developed according to a certain template and adhere to a set of rules designed to optimize their performance when interacting with other tools and applications on the network.

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15+ Best USDT ERC-20 Wallets

Experts agree that security is the most crucial feature of a crypto wallet. It’s best to choose services that have been around for several years without any incidents of hacking, password theft, or loss of funds.

We also recommend using non-custodial wallets to store your crypto assets. This way, you have full control over your private keys. It’s generally risky to keep crypto tokens on centralized exchanges unless you’re actively trading them.

Currently, there are various types of cryptocurrency wallets available, each providing different options for storing your tokens. Let’s explore each type in detail.

Mobile USDT Wallets

The services listed below are convenient because they let you send and receive cryptocurrency anytime and anywhere. Previously, mobile crypto wallets were considered less secure than their desktop counterparts. However, with technological advancements, this is no longer the case — these services now fully meet modern security standards. To start using a mobile wallet, download the app from Google Play or the App Store. After installing the app, make sure to save your seed phrase in a private place. This phrase is crucial as it generates your private keys. If someone gains access to your seed phrase, they can easily access your funds.

Trust Wallet

Trust Wallet is a mobile app officially supported by the Binance cryptocurrency exchange. The USDT wallet supports a wide range of assets, allowing you to purchase them with a card or trade directly within the app. Importantly, it doesn’t collect personal data or have access to your funds and can be downloaded for both iOS and Android devices. Trust Wallet also features a built-in browser for interacting with decentralized applications and supports the collectible ERC721 token standard.

Enjin Crypto Wallet

Enjin is a mobile wallet designed for Ethereum tokens. It boasts a robust security setup, complete with keyboard protection features (Enjin Secure Keyboard), encryption, and additional safety measures. The ERC20 USDT wallet is user-friendly, making it easy to manage your tokens and carry out transaction operations.

Math Wallet

MathWallet is a versatile, non-custodial cryptocurrency wallet available for both browsers and mobile devices. This USDT wallet allows you to add your own tokens that might not be listed by default. It’s packed with several handy features, including a browser for decentralized applications, tools to manage network fees, and a farming aggregator. MathWallet also has its own MATH token to enhance user interaction.

Other Mobile Options

  • Trustee
  • Infinito
  • Atomic Wallet
  • imToken
  • Exodus
  • Coinomi
  • Jaxx
  • Freewallet
  • Token Pocket

Desktop USDT Wallets

Desktop USDT wallet is a convenient and functional choice for storing ERC-20 tokens, which offers more than just storage. These crypto wallets come equipped with a host of additional features like a built-in exchange, the ability to buy crypto using a credit card, access to charts and analytics, portfolio management tools, services for creating paper storage, a news section, and much more.

To get started, download the installation file from the official website and select the version suitable for your operating system (note that most services now support only 64-bit systems). Install the program, securely store the seed phrase, and set up a password. Also, pick a safe spot to save the keys — it’s crucial not to lose this file.

Atomic Wallet

Atomic Wallet is a decentralized, multi-currency, and multi-platform wallet that supports over 500 tokens, including USDT. Atomic Wallet is an anonymous wallet that doesn’t require registration, as the keys are stored on the user’s device.

The wallet Atomic also uses BitTorrent and atomic swap technologies to enable free USDT exchanges between chains. It also offers instant exchange options through Changelly and ShapeShift.

To set up an Atomic Wallet account, download and install the application, launch it, and choose the option to create a new account. During setup, you will be prompted to write down the recovery phrase on paper — this is crucial. You’ll also need to create a password to log in. Once set up, the Atomic Wallet is ready to use. You can fund it by getting the address from the Receive section of the desired crypto or token.

Other Desktop Options

  • SelfKey
  • HB
  • Eidoo

Online USDT Wallets

This USDT wallet is accessible directly from the browser — either through a website or as an extension. There are two main types of online USDT storage services. The first type operates as an extension and is particularly useful because it lets you seamlessly connect to various DeFi protocols. For instance, with Metamask, you can engage in trading on the Uniswap exchange or take advantage of earning opportunities on Aave by conducting transaction operations straight from your account. The second type centers all its features on a specific website, offering the convenience of access from any device just by using your login and password.

Online wallets can also be custodial or non-custodial, meaning they may or may not store the user’s private keys. It’s advisable to opt for the non-custodial type, ensuring that you maintain personal control over your passwords and don’t have to rely on a third party for this crucial aspect of your digital security.

MyEtherWallet

MyEtherWallet is an open-source mobile and web wallet developed in the JavaScript programming language. It is easy to use and provides a sufficient level of security for both Ethereum and various ERC-20 tokens, including USDT. It allows you to interact with smart contracts on the Ethereum network.

User data is not stored on MyEtherWallet servers. Browser mechanisms generate data, and private keys are then stored on the user’s phone or computer, eliminating the need to trust a third party with the security of your funds.

Metamask

Metamask is a versatile wallet for USDT ERC-20 tokens, which also facilitates interaction with various decentralized apps (dApps). It features a connection mechanism to decentralized protocols, allowing you to deposit and withdraw funds easily. Available as a handy browser extension, Metamask also has a mobile app that mirrors its functionality.

It prioritizes user security by not storing passwords and maintaining open-source code. Metamask simplifies the process of connecting to popular protocols like Compound, Maker, and Uniswap, making it a top choice for engaging with the decentralized web.

Guarda USDT Wallet

Guarda supports three types of USDT (ERC-20, TRC-20, OMNI). It allows you not only to store USDT tokens but also to instantly exchange them on the built-in exchange. Guarda is licensed by the FIU, which permits the exchange of digital currencies for fiat money. The ecosystem is based on the decentralization of software.

Guarda is available as a web version and as an application for iOS and Android. It enables you to buy cryptocurrency using MasterCard or Visa. Additionally, with Guarda, you can earn from staking 10+ coins with returns of up to 25% per annum.

Hardware Wallets

A hardware wallet is the most reliable form of USDT storage available today. These physical devices securely store your digital passwords and are completely offline when disconnected from a computer, making them invulnerable to hackers. When you need to make a transaction, simply connect the hardware device to your computer or phone. You can manage your operations using a dedicated app, such as Ledger Live, or through various third-party wallets.

Ledger Nano

The Ledger Nano S adheres to the highest modern security standards. With the Ledger Live application, you can store, purchase, and manage over 1,500 tokens, including USDT, right from your smartphone or computer. Ledger maximizes security with its proprietary integrated operating system.

Certified by ANSSI, the French cybersecurity agency, the Ledger Nano S features built-in authentication that regularly verifies the Ledger device has not been compromised by a third party. Ledger’s certified chip shields against all types of hacker attacks.

A main competitor to Ledger is Trezor, known for its rigorous checks on firmware and bootloader. This ensures that no unauthorized programs can be inserted to steal passwords, keeping your tokens safe.

Trezor Hardware Wallet

Trezor is an open-source hardware wallet and a leading competitor to Ledger. Renowned for its robust security, Trezor offers unparalleled protection and privacy. It supports a wide range of activities including storing, receiving, and transferring over 1,400 types of cryptocurrencies, from USDT to lesser-known altcoins.

Other Hardware Wallets

  • KeepKey
  • Coolwallet
  • Safepal

The Best Way to Buy Tether

Switchere.com is a user-friendly cryptocurrency exchange that offers one of the safest and most convenient ways to buy USDT ERC-20.

With robust security measures and a straightforward buying process, Switchere is suitable for both beginners and experienced investors looking to buy USDT securely.

At Switchere, you can buy USDT ERC-20 tokens using Visa, Mastercard, and Maestro credit cards, direct bank or SEPA transfers, and mobile payments like Apple Pay and Google Pay. Switchere also offers a full-featured mobile application for iOS and Android devices, enabling you to manage your account and USDT balance on the go.

Conclusion

Today, we have compiled a list of the best storage options for Tether. Besides the storage options for USDT ERC-20 tokens already mentioned, another popular method is keeping USDT on a cryptocurrency exchange account. This might be a good choice if you hold a small amount of USDT tokens, use them for active trading, or don’t plan to store them long-term.

Using external storage generally provides better protection from hackers. However, it’s crucial to remember that managing your passwords securely is your responsibility. If you lose them, perhaps due to a computer or phone malfunction, there’s no fallback for recovery.

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FAQ

  • What Is Tether Crypto?

    Tether is a stablecoin tied to the US dollar, aiming to maintain a 1:1 value ratio with the dollar. It provides a stable alternative in the volatile cryptocurrency market, allowing users to transact in USDT as if they were using dollars.

  • How to Buy Tether (USDT)?

    You can buy Tether easily and securely at Switchere.com with fiat, using credit cards, direct bank or SEPA transfers, or mobile payments like Apple Pay and Google Pay. Switchere also offers a user-friendly interface, 24/7 customer support, and the best exchange rates without any extra charges.

  • What Is the Best Way to Store Private Keys?

    The best way to store passwords is by using hardware storage. This device stores data offline, making it inaccessible to online threats. For added security, store backup phrases in a separate, secure location.

  • Should I Choose the Atomic ERC20 Wallet?

    Choosing the Atomic Wallet for USDT ERC-20 tokens is wise due to its robust security features and support for over 500 tokens. Atomic Wallet is non-custodial, ensuring you retain control of your passwords and transfers.

  • What Is a Wallet Address?

    A cryptocurrency address is a unique digital identifier for sending and receiving digital transfers. The digital address varies depending on the cryptocurrency, such as a wallet ETH address for Ethereum or different formats for Tether and other tokens. Always double-check your address before making transfers to ensure accuracy and security.

  • What Are Tether Transaction Fees?

    Tether transaction fees vary by network. Using USDT on the Ethereum network may incur higher costs due to network congestion. Planning transfer operations can help manage costs and ensure that they remain as low as possible.

  • What Standard Should I Choose for Tether?

    Choosing the right Tether standard depends on your needs. Tether ERC-20 operates on the Ethereum network, ideal for DeFi interactions. Tether TRC-20 provides faster, cheaper transfer operations on the TRON network. Evaluate the blockchain benefits and commission costs to select the best standard for your trading activities.

  • Should I Choose Hot or Cold Tether Storage?

    For Tether, cold storage offers the highest security by keeping your tokens offline. At the same time, hot storage provides convenience for quick access and transfers. If security is a priority and you’re storing large amounts, opt for cold storage. For frequent trading, a hot one is more practical.

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