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10 Best Tether (USDT ) Wallets for 2024

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Tether (USDT) – the largest stablecoin by market capitalization, is an ERC-20 token. This means Tether can be stored in any wallet that’s compatible with the Ethereum network.

In this guide, I review the 10 best Tether wallets for 2024. Read on to discover the best mobile, desktop, browser, and hardware wallets for storing USDT.

The Top Tether Wallets Ranked

Consider the following options when searching for the best Tether wallet:

  1. ELLIPAL Titan 2.0 – The overall best USDT wallet for security, air-gapped safety, and multi-network support
  2. Zengo – Self-custody wallet app for iOS and Android without a single point of failure
  3. Trezor Safe 3 – Cost-effect and safe hardware wallet supporting dozens of blockchain standards
  4. Ledger Nano X – Security-first Tether wallet with token swaps, Web 3 integration, and fiat gateways
  5. MetaMask – Free Tether wallet for browser extensions, a great option for desktop users
  6. Coinbase – Best custodial option in the market, ideal for beginners who favor convenience over decentralization
  7. Exodus – Multi-chain Web 3 wallet supporting over 50 network standards
  8. Trust Wallet – Popular wallet app with decentralized storage and a user-friendly interface
  9. Uniswap Wallet – Ideal Tether wallet for actively trading ERC-20 tokens on Uniswap
  10. OKX Wallet – Access decentralized markets, liquidity pools, and high APYs on Tether deposits

The Best USDT Wallets Reviewed

I’ll now take a closer look at the best wallets for USDT. Security, supported networks, features, pricing, and other important factors will be discussed. Read on to choose the right Tether wallet for you.

1. ELLIPAL Titan 2.0 – The Overall Best Wallet for Tether With Air-Gapped Technology

ELLIPAL Titan 2.0 is the overall best option for security-conscious users. It comes as a small hardware device and it’s packed with safety features. Like other hardware wallets, ELLIPAL Titan 2.0 is never connected to the internet. While this means the wallet can’t be hacked remotely – ELLIPAL Titan 2.0 takes security to the next level.

This is because the wallet comes with air-gapped technology. In a nutshell, this removes all external connections from the device, including WiFi, Bluetooth, networks, and USB. Transactions are confirmed by scanning a unique QR code from the ELLIPAL mobile app. The QR code is displayed on the hardware device.

ELLIPAL Titan 2.0 review

ELLIPAL Titan 2.0 isn’t just the safest wallet for Tether, but it also supports other ERC-20 tokens, such as Dai, FLOKI, and Chainlink. Other network standards include Solana, Bitcoin, Binance Chain, XRP, Cardano, and Dogecoin. ELLIPAL Titan 2.0 is sold on the official website for $169. This is worth paying to protect your crypto investments.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Wallet Price
ELLIPAL Titan 2.0 Hardware (Cold) Bitcoin, Solana, Cardano, XRP, BNB Chain, and more Yes Determined by the partnered fiat gateway $169

Pros

  • Top-rated hardware wallet with air-gapped security
  • Removes all external threats – including WiFi, Bluetooth, and USB
  • Also supports Bitcoin, Solana, Cardano, XRP, and other blockchain standards
  • Comes as a small device that’s easily transportable
  • Customer support is highly rated

Cons

  • $169 price tag will be too high for some users
  • While staking tools are offered, Tether isn’t supported

Visit ELLIPAL Titan 2.0

2. Zengo – Self-Custody Wallet App for iOS and Android Without a Single Point of Failure

Zengo reviewZengo is one of the safest Tether wallets for mobile users. It’s a self-custody wallet, so you’re responsible for keeping it secure. However, unlike other wallets, Zengo doesn’t have a single point of failure. This is because it doesn’t use traditional private keys. Instead, the credentials are split in two. The first segment is stored on the user’s mobile device.

The other segment is stored on Zengo’s servers. So, if either of these locations were hacked, the wallet would remain safe. After all, the hacker would only have half of the wallet’s credentials. In addition, Zengo leverages multi-factor authentication, including cloud storage, biometrics, and email. This helps users recover their wallets remotely.

Zengo review

Although Zengo is free, it also offers a premium plan at $29.99 per month. This plan comes with additional security features, although the basic plan is suitable for most users. Zengo’s main drawback is that it lacks support for several popular networks, including Solana, Arbitrum, and XRP. It does, however, support Bitcoin, Ethereum, BNB Chain, and Dogecoin.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Wallet Price
Zengo Software (Hot) Bitcoin, BNB Chain, and Dogecoin, plus respective network tokens Yes Varies depending on the fiat gateway, currency, and payment type Free, but also offers a premium plan at $29.99 per month

Pros

  • Secure Tether wallet without a single point of failure
  • 3FA security helps users recover their wallets remotely
  • Also supports Bitcoin, BNB Chain, and Dogecoin
  • The free plan is sufficient for most users
  • Compatible with DeFi ecosystems via WalletConnect

Cons

  • Doesn’t support the Solana network
  • Live chat replies can take up to 24 hours

Visit Zengo

3. Trezor Safe 3 – Cost-Effect and Safe Hardware Wallet Supporting Dozens of Blockchain Standards

Trezor Safe 3Trezor wallet review is also one of the best Tether wallets for security. It offers a more affordable price tag than other options; the Trezor Safe 3 costs just $79. It stores private keys within the device and transactions are only approved after entering a PIN. What’s more, the Trezor Safe 3 is never connected to the internet. However, it doesn’t offer air-gapped security, which is a drawback.

Instead, the wallet requires a USB connection when connecting to the app. Trezor Safe 3 also offers desktop software for Mac and Windows for increased convenience. Both the desktop software and mobile app support additional features, such as debit/credit card purchases, token swaps, and staking.

Trezor Model One review

In addition to Tether, Trezor Safe 3 supports all other ERC-20 tokens. It’s also compatible with other popular blockchains, including Bitcoin, BNB Chain, Solana, and Cardano. Trezor Safe 3 also connects with software wallets like MetaMask, which is the safest way to access DeFi platforms like decentralized exchanges and NFT marketplaces.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Wallet Price
Trezor Safe 3 Hardware (Cold) Bitcoin, Solana, Monero, BNB Chain, Dogecoin, Litecoin, Polygon, and more Yes Up to 7.49% $79

Pros

  • Cost-effective hardware wallet with robust security
  • Private keys are never exposed to the internet
  • Supports all ERC-20 tokens, including Tether
  • Compatible with dozens of other networks
  • Comes with a mobile app and desktop software

Cons

  • High fees when buying Tether with a debit/credit card
  • Doesn’t offer air-gapped security

Visit Trezor

4. Ledger Nano X – Security-First Tether Wallet With Token Swaps, Web 3 Integration, and Fiat Gateways

Ledger reviewLedger Nano X is one of the best decentralized crypto wallets for storing Tether. It offers the ideal balance between convenience and security. Ledger Nano X is a hardware wallet but it offers a full suite of additional features. This includes a fiat gateway, allowing users to buy cryptocurrencies with debit/credit cards, bank transfers, and e-wallets.

Ledger Nano X also offers seamless token swaps. This means you can exchange Tether for other cryptocurrencies without leaving the Ledger ecosystem. What’s more, Ledger Nano X connects with Web 3 platforms, such as Uniswap, SushiSwap, and OpenSea. These features are accessible via the Ledger Live software, which supports mobile and desktop devices.

Ledger Nano X

Compatible operating systems include iOS, Android, Windows, Mac, and Linux. In terms of security, Ledger Nano X comes with cold storage, tamper-free devices, and a 4-8 digit PIN for confirming transactions. A backup passphrase is also provided when setting up the wallet. Ledger Nano X retails for $149. Ensure devices are purchased directly from the Ledger website.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Wallet Price
Ledger Nano X Hardware (Cold) Bitcoin, BNB Chain, Solana, XRP, Cardano, Dogecoin, and more Yes Determined by Changelly in real-time $149

Pros

  • Established hardware wallet provider with multi-network support
  • Outgoing transfers require a physical PIN
  • Easily buy, sell, and trade tokens without leaving the wallet
  • No markup on network fees
  • Can be recovered remotely via a backup passphrase

Cons

  • At $149, not the most affordable Tether wallet
  • Third-party fiat gateway fees are often high

Visit Ledger Nano X

5. MetaMask – Free Tether Wallet for Browser Extensions, a Great Option for Desktop Users

MetaMask reviewMetaMask is one of the best Tether wallets for desktop users. It’s completely free, simply download the extension to your preferred internet browser. Chrome, Firefox, Edge, and other popular browsers are supported. It takes seconds to get started; create a new wallet, choose a password, and write down your backup passphrase.

You can then transfer Tether to MetaMask or buy some with a debit/credit card. However, fiat payment fees can be expensive; MetaMask adds a 1% commission to third-party charges. Nonetheless, MetaMask is supported by thousands of decentralized applications, so it’s a great option for connecting active traders.

MetaMask wallet review

What’s more, MetaMask supports all ERC-20 tokens, plus other network standards. This includes Base, Arbitrum, and other layer 2 chains. However, Bitcoin, Dogecoin, XRP, Solana, and Cardano aren’t supported. MetaMask is used by more than 100 million investors and it has a great reputation. However, security features are limited when compared to hardware wallets.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Wallet Price
MetaMask Software (Hot) Avalanche, Aurora, Fantom, BNB Chain, Harmony, and selected layer 2 chains Yes 1% commission, plus third-party fees Free

Pros

  • One of the best free options in the market
  • Comes as an extension for Chrome, Firefox, and other browsers
  • Setting up a new wallet takes seconds
  • Offers a clean and user-friendly dashboard
  • Trusted by more than 100 million crypto investors

Cons

  • Doesn’t support Bitcoin, Solana, XRP, or Cardano
  • Fiat purchases come with a 1% commission (plus third-party fees)

Visit MetaMask

6. Coinbase – Best Custodial Option in the Market for Complete Beginners

Coinbase offers the best Tether wallet for beginners who don’t feel comfortable protecting their private keys. It offers a free custodial wallet service, meaning Coinbase is responsible for keeping your funds safe. Although custodial wallets are centralized, Coinbase offers institutional-grade security features. For a start, Coinbase makes two-factor authentication compulsory.

This requires a 6-digit code whenever you log in or withdraw funds. Coinbase has also implemented device whitelisting. Unrecognized devices (such as a new laptop) require additional security steps. All Coinbase accounts require KYC and the platform keeps 98% of client funds in cold storage. The latter is protected by multi-sig technology.

Coinbase review

Coinbase also has a dedicated risk and security management team that works 24/7. While Coinbase provides a unique Tether wallet address, you won’t have access to its private keys. Nonetheless, it offers a simple web and mobile dashboard that’s ideal for newbies. Moreover, Coinbase supports fiat money purchases, trading tools, and staking rewards.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Wallet Price
MetaMask Web (Custodial) Bitcoin, Solana, Cardano, XRP, Base, Dogecoin, and more Yes 3.99% (instant buy), 1.49% (standard commission) Free

Pros

  • The best Tether wallet for custodial storage
  • No requirement to secure private keys
  • Access your Tether balance by logging in
  • Available on web browsers and a mobile app
  • Backed by one of the best Bitcoin exchanges    

Cons

  • Completely centralized, which will be a drawback for many
  • Wallet withdrawals require authorization

Visit Coinbase

7. Exodus – Multi-Chain Web 3 Wallet Supporting Over 50 Network Standards         

Exodus wallet review Exodus is a decentralized Tether wallet that supports multiple device types. Desktop users can download native software to a Mac, Linux, or Windows device. Alternatively, Exodus also offers a browser extension for increased convenience. There’s also a mobile app for Android and iOS. In addition to Tether, Exodus supports more than 50 other network standards.

This is ideal for storing multiple crypto investments in one safe place. Supported networks include Bitcoin, BNB Chain, Solana, XRP, and more. Exodus – which was founded in 2015, is completely free. There are no fees to receive or store Tether, nor any markups on outgoing transfers. Exodus makes money from third-party services.

Exodus wallet review

This includes debit/credit card purchases via fiat gateways, staking tools, and token swaps. There is no requirement to use these services, as Exodus connects with Web 3 applications. For instance, suppose you’re using the Exodus app and want to swap Tether for Ethereum. Simply connect to Uniswap to complete the exchange without paying additional fees.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Price
Exodus Software (Hot) Bitcoin, BNB Chain, Solana, XRP, Dogecoin, Polygon, TRON, and more Yes Determined by the partnered fiat gateway (with a markup) Free

Pros

  • Store thousands of tokens from 50+ network standards
  • Instantly connects with Web 3 applications
  • QR scanning tool for seamless Tether transfers
  • Comes as an app, desktop software, or browser extension
  • No fees to store or receive Tether

Cons

  • High fees on additional services, such as fiat gateways
  • Difficult to get past the bot when using live chat

Visit Exodus

7. Trust Wallet – Popular Wallet App With Decentralized Storage and a User-Friendly Interface        

Trust Wallet reviewTrust Wallet is a popular self-custody wallet app offering decentralized storage. Nobody but the user has access to the wallet’s private keys, which are backed by a 12-word passphrase. Wallet security also includes a PIN or biometrics. Trust Wallet – which is a free app for iOS and Android, supports more than 100 different blockchains.

This includes Ethereum, Bitcoin, Solana, XRP, Dogecoin, Litecoin, and Bitcoin Cash. There is no requirement to manually add new networks – everything comes pre-installed. Trust Wallet also supports various NFT standards. It also connects to NFT marketplaces like OpenSea, not to mention decentralized exchanges and play-to-earn games.

Trust Wallet review

Beginners will also like Trust Wallet’s user-friendly layout – especially when sending and receiving Tether. All wallet movements come with a real-time mobile notification. Trust Wallet, while decentralized, also supports debit/credit card purchases. A KYC process is required, and fees are determined by MoonPay, Simplex, and other gateway partners.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Ethereum Price
Trust Wallet Software (Hot) Bitcoin, BNB Chain, Dogecoin, Litecoin, XRP, Base, Solana, Cardano, and more Yes Determined by the partnered fiat gateway Free

Pros

  • User-friendly Tether wallet for iOS and Android
  • A great option for active crypto traders
  • More than 100 blockchains are supported
  • Also supports NFT trading and storage
  • Used by over 100 million people globally

Cons

  • Doesn’t offer two-factor authentication
  • New cryptocurrencies sometimes need to be added manually

Visit Trust Wallet

9. Uniswap Wallet – Ideal Tether Wallet for Actively Trading ERC-20 Tokens on Uniswap         

Uniswap Wallet is one of the best Tether wallets for trading on the Uniswap exchange. This is the most popular decentralized exchange for ERC-20 tokens like Tether. Rather than connecting a third-party wallet to the Uniswap exchange, traders can use their existing balance. This offers a more convenient and secure way of accessing the decentralized markets.

What’s more, the newly purchased tokens will automatically be added to the Uniswap Wallet balance. In terms of device types, Uniswap Wallet is available as a mobile app for Android and iOS. It’s also launching a browser extension, although this is currently in Beta mode. Uniswap Wallet is also a great option for trading on other network standards.

Uniswap Wallet review

It supports all tokens on BNB Chain, Arbitrum, Base, Optimism, and Polygon. However, a lack of support for Bitcoin and Solana will be a drawback for some. There are no fees to install Uniswap Wallet nor store or receive Tether. The wallet is protected by a PIN, which users choose when getting started. Users also receive a backup passphrase for recovery.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Price
Uniswap Wallet Software (Hot) BNB Chain, Arbitrum, Base, Optimism, Polygon Yes 0.3% Free

Pros

  • Best Tether wallet for trading ERC-20 tokens
  • Connect to Uniswap without third-party connections
  • Comes a free app for iOS and Android
  • Pay just 0.3% when swapping tokens
  • Also supports BNB Chain and layer-2 networks

Cons

  • The browser extension is still in Beta mode
  • No support for Bitcoin or Solana

Visit Uniswap Wallet

10. OKX Wallet – Access Decentralized Markets, Liquidity Pools, and High APYs on Tether Deposits

The final option to consider is OKX Wallet. This is a top-rated decentralized wallet that supports Web 3 products. It’s compatible with multiple device types, including mobiles, desktops, and browser extensions. Tier-one security features are available, including MPC (multi-party computation) technology.

This distributes the private keys across multiple locations, removing a single point of failure. In terms of Web 3 products, OKX Wallet is one of the best options for earning Tether yields. It connects with hundreds of liquidity pools to secure the highest APYs. This includes Yearn.finance, Compound, Aave, and Flux Finance.

OKX Wallet review

For instance, users can currently earn Tether APYs of up to 7.52%. OKX Wallet is also ideal for swapping tokens. It supports dozens of blockchain standards from the leading decentralized exchanges, such as SushiSwap, PancakeSwap, and Maverick. Additional networks include Solana, BNB Chain, Base, Optimism, and Sui.

Tether Wallet Type of Wallet Other Supported Networks Mobile App? Fee to Buy Tether Price
OKX Wallet Software (Hot) Bitcoin, Solana, BNB Chain, Base, Kava, Avalanche, Litecoin, and more Yes Determined by liquidity providers Free

Pros

  • Decentralized wallet with MPC security
  • Supports browsers, desktops, and mobiles
  • Aggregates Tether APYs from the leading liquidity pools
  • Also offers cross-chain token swaps
  • Compatible with over 70 blockchain standards

Cons

  • The browser extension doesn’t support Firefox
  • Fiat services are only available on OKX’s centralized exchange

Visit OKX Wallet

Why Do You Need a Tether Wallet?

Tether (USDT) is a digital asset stablecoin that must be stored in a wallet. Otherwise, you’ll need to keep your USDT tokens in a centralized exchange, meaning you hand over control. This is because the exchange controls the wallet’s private keys, so you can’t withdraw the USDT tokens without receiving approval.

In contrast, the best wallets for Tether offer a decentralized framework. Only the user has access to the private keys, so USDT can be sent and received freely. Moreover, nobody has access to the USDT tokens, so it’s like keeping cash in a private safe rather than a bank account. Put otherwise, decentralized Tether wallets can’t be frozen or seized.

Do I need a wallet for Tether?

Tether wallets are also ideal for accessing the broader crypto markets. For instance, you can connect most wallets to decentralized exchanges like Uniswap and SushiSwap. This means you can use the USDT balance to purchase other cryptocurrencies, such as Ethereum, Dai, Axie Infinity, or Shiba Inu.

Some Tether wallets also facilitate earning tools. For example, you can connect the wallet to a DeFi platform and generate competitive yields. Ultimately, most people hold USDT for liquidity purposes, allowing them to buy cryptocurrencies when a new market opportunity arrives. As such, it’s crucial to choose a safe Tether wallet.

Different Types of USDT Wallets

Tether wallets come in many shapes and sizes. You’ll come across various terms – some are used interchangeably. For example, ‘non-custodial’, ‘self-custody’, and ‘decentralized’ wallets all refer to the same thing; only the user has control of the private keys. While ‘custodial’ crypto wallets are offered by centralized providers, meaning the private keys are not shared with users.

You’ll also encounter the terms ‘hot’ and ‘cold’ wallet. Hot wallets are software-based and always connected to the internet. Cold wallets always remain offline; they usually come as a hardware device and store private keys offline. And don’t forget about paper wallets—a free way to store USDT tokens offline.

Types of USDT wallets

Naturally, differentiating between the different wallet types can be confusing. Let’s take a closer look at how each option works so you can choose the best Tether wallet for you.

Custodianship

The first step is to determine whether you want a custodial or non-custodial wallet

Apart from Coinbase, the Tether wallets list on this page are all non-custodial. This is because non-custodial wallets remove counterparty risks; only you have access to the private keys.

This means you can store, send, and receive tokens without relying on a third party. You can also remain on-chain, meaning you can swap USDT for other tokens without centralized exchanges. However, the drawback is you’re responsible for security. If the private keys are hacked or you lose the backup passphrase – your Tether will be recoverable.

  • All that said, complete beginners without any crypto knowledge might prefer a custodial wallet.
  • Security and safety is the custodian’s responsibility.
  • This means you can leave the USDT tokens in an exchange account. Access to the funds simply requires login credentials.

However, as seen with the FTX bankruptcy in 2022, you never truly own your USDT tokens when using a centralized platform. After all, the custodian could use your USDT tokens to fund its operations, make risky loans, cover losses, or make fraudulent activities. Therefore, it’s worth learning about wallet security so you can become your own USDT custodian.

Tether Software Wallets

We’ve established that software wallets are always connected to the internet, so they’re ideal for regularly engaging with the blockchain ecosystem. For instance, swapping USDT tokens or earning yields.

Within the software wallet category, there are several options available:

  • Mobile Wallet: A popular option with many investors is a mobile wallet. Simply download the app to a smartphone, create a new wallet, and fund it with USDT tokens. Access typically requires a PIN or fingerprint ID.
  • Desktop Wallet: A less common option is a desktop wallet, often available as Windows or Mac software. They’re less convenient than mobile wallets, as you can’t transact without the device.
  • Browser Wallet: Some Tether wallets come as a browser extension. Chrome, Firefox, and other popular browsers are often supported. Browser wallets are protected by a password.
  • Web Wallet: This wallet type is offered by centralized exchanges, meaning you won’t control the private keys. Access is provided by logging into your account. Most web wallets support two-factor authentication.

Overall, I prefer mobile wallets in the software category. They’re a lot more secure than other software wallets, considering transactions can only be made when using the device. What’s more, biometric logins are available. Mobile wallets are also convenient; all you need is a smartphone device with an internet connection.

Tether Hardware Wallets

The second category to consider is a Tether hardware wallet. This is the safest way to store USDT tokens. For a start, hardware wallets offer cold storage, so they’re never exposed to internet risks, such as phishing or malware. Moreover, the private keys are secured within the device.

Some hardware wallets – such as ELLIPAL Titan 2.0, also come with air-gapped security. Not only does this remove internet threats but also other connection risks – such as USB and Bluetooth. There are also Tether hardware wallets that leverage MPC security, such as Zengo and OKX Wallet.

ELLIPAL Titan 2.0 air-gapped wallet

This removes a single point of failure, meaning private key thefts are almost impossible. That said, all hardware wallets have a common denominator; USDT transfers must be authorized from the device. This is usually with a PIN, although ELLIPAL Titan 2.0 uses a QR code system. Either way, wallet movements aren’t possible without the hardware device itself.

The drawback of hardware wallets is they’re not free. You’ll need to purchase a wallet from the manufacturer, plus shipping fees. Prices vary depending on the provider and model. For example, ELLIPAL charges $169 for its Titan 2.0 model. Those looking for a cheaper option might prefer the Trezor Safe 3, which costs just $79.

Tether Paper Wallets

Tether paper wallets sit within their own unique category. They offer a free alternative to cold storage without needing to buy a hardware device. While less convenient than hardware wallets, paper wallets offer unprecedented security. This is because the wallet credentials are written down on a piece of paper, so there’s exposure to networks, Bluetooth, or internet connections.

  • To use the paper storage system, you initially require a software wallet.
  • This is because you need to create a Tether wallet address and private keys. MetaMask, Trust Wallet, and Exodus can be used.
  • Download the respective app and create a new wallet. This is your unique Tether wallet address.
  • Next, you’ll need to write down the backup passphrase provided by the software wallet. Ensure this is written down in the correct order. Crucially, the backup passphrase represents your private keys.
  • Next, transfer the USDT tokens to the newly created wallet address. Wait a couple of minutes for the tokens to arrive.

Once the tokens arrive, you can then delete the software wallet app from your device. At this stage, the private keys are located in just one place: your paper wallet. This means wallet hacks are impossible.

There is just one risk to consider. If you lose or damage the paper wallet, recovery won’t be an option. This is because the backup passphrase isn’t stored anywhere else. As such, make sure the paper wallet is stored somewhere secure – preferably in a fire-proof safe.

How to Pick a Safe Tether Wallet

The first step is to ensure the chosen wallet is compatible with the Ethereum network. After all, Tether is an ERC-20 token that operates in the Ethereum ecosystem. After that, users should prioritize Tether wallets with the best security features. Options will vary depending on the wallet type.

For example, the most secure option is cold storage, which removes internet risks and hacking threats. Hardware and paper wallets supported this method. However, transacting can be cumbersome, so software wallets might be a better option for active traders. Those opting for a mobile wallet should ensure biometrics are supported.

You can also use the phone’s screen lock feature as an additional safety net. I’d also suggest wallets offering two-factor authentication. This doubles the security strength, as two separate devices are required, such as a laptop and a mobile device. Another feature offered by some Tether wallets is MPC technology, which splits the private key across several locations.

You might also consider Tether wallets offering air-gapped technology, meaning the wallet is never directly connected to another device (e.g. Bluetooth or USB). Ultimately, unless you have an intimate understanding of wallet technology, the safest option is to stick with reputable and established wallet providers with millions of active users.

How I Ranked the Best USDT Wallets

I utilized a checklist methodology when ranking the best USDT wallets, covering various factors. This includes everything from pricing, security features, and supported blockchain standards to reputation, device types, and user-friendliness. Tether wallet providers were given a ranking score for each factor, ensuring that all preferences were catered for.

I’ll now break down my checklist requirements so that you can choose a suitable Tether wallet.

USDT Custody

I mainly focused on self-custody wallets, which ensure holders have full control of their USDT tokens. No authorization is needed when transferring funds, so users can directly engage with the blockchain ecosystem.

That said, I also included a custodial wallet, as some investors – especially beginners, won’t be comfortable securing their private keys.

Device Types

Everyone has their own preferences when it comes to device types. As such, I included the top Tether wallets for mobiles, desktops, browsers, and hardware devices.

I also ensured that the most popular operating systems were included, such as iOS, Android, Windows, Mac, and Chrome. Some Tether wallets offer multi-device support, meaning they appeal to a wider audience.

Pricing

The Tether wallets ranked on this page have prices between $0 and $169. This ensures that all budgets and investment requirements are supported. For example, those holding a small number of USDT tokens might not want to purchase a wallet.

However, the most secure Tether wallets are hardware devices, meaning a purchase is required. This will be the best option for those holding a large amount of USDT alongside other cryptocurrencies.

Compatible Blockchains

At a minimum, Tether wallets are compatible with the Ethereum blockchain. This means that all ERC-20 tokens can be stored. However, investors will often hold cryptocurrencies from other blockchains, such as Solana, BNB Chain, or Bitcoin.

ELLIPAL supported networks

Multi-chain wallets were ranked highly, as diversified portfolios can be held in one location. For example, Trust Wallet supports over 100 blockchains.

Trading Features

USDT isn’t an investment token, as it’s pegged to the US dollar. As such, most people hold USDT as a liquidity token – meaning they easily trade cryptocurrencies without needing to deposit fiat money. With this in mind, I focused on Tether wallets that come with trading features.

For example, the best providers offer in-wallet token swaps. This means you can swap USDT for other ERC-20 tokens without using an exchange. Some Tether wallets come with bridge technology, so USDT can also be swapped with other network standards.

In addition, some wallets have partnered with fiat gateways like MoonPay and Simplex. This enables users to buy (and sometimes sell) USDT with fiat money. Visa, MasterCard, and other convenient payments are typically supported. Keep an eye on fees and spreads, as fiat gateways can be expensive.

Security and Reputation

The Tether wallets on this page are established and reputable. Most have been operating for multiple years and boast millions of active users. For instance, both MetaMask and Trust Wallet are trusted by over 100 million people globally. I also analyzed security features when ranking providers.

Best MPC wallet for Ethereum

I prioritized wallets with open-sourced code, meaning anyone can view potential vulnerabilities. I also focused on providers offering two-factor authentication and biometrics. Crucially, hardware Tether wallets were ranked the highest, as they offer the most secure storage systems.

How to Get a Tether Wallet

I’ll now explain how to get a Tether wallet in 2024. Follow to steps below to safely store USDT tokens in a software wallet.

Note: If you want a hardware wallet, you’ll need to order one directly from the manufacturer. The setup process will vary depending on the wallet; follow the instructions provided.

  • Step 1: Choose a Tether Wallet Type: It’s important to choose the right Tether wallet, as the number of options is vast. In addition to custodianship, consider whether you prefer a mobile, desktop, or browser wallet.
  • Step 2: Create a New Wallet: Once you’ve selected a wallet, download it to your preferred device type. Open the wallet and begin the set-up process. This includes creating a new wallet which is unique to your device.
  • Step 3: Set up Security Credentials: The next step is to secure your Tether wallet. This means creating a PIN or password. Biometrics are also an option when using a mobile wallet.
  • Step 4: Note the Backup Passphrase: The most important step is writing down the wallet’s backup passphrase. This represents your private keys, so never write them on a device (like in an email or on a Google Doc). Instead, it should be written on a sheet of paper and kept somewhere secure.
  • Step 5: Transfer USDT Tokens: Your Tether wallet is now set up and secured. You can now add some USDT tokens. You can send the tokens to your unique Ethereum wallet address. This is the same address used for ERC-20 tokens like USDT. Most USDT transfers arrive in under two minutes.

Conclusion

I’ve covered everything you need to know about storing USDT tokens, including an overview of the best Tether wallets for 2024. Although ELLIPAL Titan 2.0 comes with a hefty price tag of $169, it’s my overall top pick. It offers unparalleled security features that won’t be found with other Tether wallets.

This includes air-gapped technology, which removes all external threats – such as Bluetooth, WiFi, and USB. What’s more, ELLIPAL Titan 2.0 not only supports USDT but also other popular cryptocurrencies, including Bitcoin, Solana, XRP, and BNB.

Visit ELLIPAL

FAQs

Where can I store USDT?

You can store USDT in any crypto wallet that’s compatible with the Ethereum blockchain. This is because USDT is an ERC-20 token.

Which wallet is best for Tether?

The best Tether wallet for safety is ELLIPAL Titan 2.0 – a hardware device with air-gapped security. Those preferring a software wallet should consider Zengo, which offers a mobile app with MPC technology.

How do I create a Tether USDT account?

Visit the official Tether website and click ‘Sign Up’. Follow the on-screen instructions to open a USDT account. However, note that USD redemption has a minimum of 100,000 USDT when going directly with Tether, so it’s best to use an exchange.

How do I get my money out of Tether?

If you’ve opened an account directly with Tether and hold USDT in that account, you can convert it back to US dollars. However, this service requires a minimum redemption of 100,000 USDT. Instead, consider transferring the USDT tokens to an exchange and selling them for fiat money.

Can I transfer USDT to my bank account?

No, USDT is a digital currency – it can’t be transferred to a bank account. You can, however, swap USDT for fiat money on a crypto exchange and then withdraw the funds to a bank account.

References

  1. Secure Multi-Party Computation (Chainlink)
  2. What are Tether tokens and how do they work? (Tether)
  3. Embattled Crypto Exchange FTX Files for Bankruptcy (The New York Times)
  4. Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says (Reuters)

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