Tether (USDT) is a popular stablecoin with its value pegged to the US dollar at a 1:1 ratio. It offers a reliable way to store funds and make transfers without worrying about price fluctuations. In this guide, we’ll explain how to store Tether securely and how to use it in Quppy where it is available. Through Quppy, USDT is not available to users in the EEA; outside the EEA it can be available on the Ethereum and TRON networks, depending on your country.
What is USDT and Why is It Popular?
Tether is a stablecoin designed to maintain a stable value by being linked to the US dollar. It is available on multiple blockchains:
- ERC20 — based on Ethereum, suitable for DeFi users.
- TRC20 — based on Tron, known for low fees and high transaction speed. Understanding what is TRC20 wallet helps users choose the right option.
- Omni — a less common standard based on Bitcoin.
Types of Storage Options for Tether
When deciding where to store Tether, consider security and convenience. Key options include:
- Online platforms — accessible but less secure due to provider-stored keys.
- Mobile apps — practical for everyday use, and Quppy enables easy management of digital and fiat funds.
- Hardware devices — ideal for long-term storage of larger amounts.
- Desktop software — useful for managing cryptocurrencies frequently from a computer.
Table: Key Features of Different Storage Options
| Type | Security | Ease of Use | Fees | Best for |
|---|---|---|---|---|
| Online platforms | Medium. Keys stored by providers. 2FA recommended. | High. Accessible via browser or app. | Fees depend on the provider. | Quick transfers and frequent use. |
| Mobile apps | Medium. Device protection and recovery phrase are essential. | High. Ideal for daily transactions. | Often free within the same service; external | Active users making frequent |
| Hardware devices | Very high. Private keys never leave the device. | Medium. Physical access required. | Only network fees for transfers. | Long-term storage of significant amounts. |
| Desktop software | High. Keys stored locally; antivirus and encryption recommended. | Medium. Requires software installation and regular updates. | Fees depend on the network and type. | Advanced users managing a variety of assets. |
How to Choose the Right Option?
To select a storage method, consider the following:
- Security — availability of two-factor authentication and reliable key storage.
- Blockchain compatibility — essential if you use Tether on different standards (ERC20, TRC20).
- Transaction fees — various options offer different conditions, especially important for frequent transfers.
- User-friendly interface — a simple and clear interface makes fund management easier.
Step-by-Step Guide: How to Create a TRC20 Account in Quppy
- Registration Download the Quppy app for free from the official website or app stores. Install it and create a new account by following the on-screen instructions.
- KYC Verification To increase limits and access all features, complete the identity verification (KYC). The process takes no more than 5 minutes and requires document uploads.
- Using USDT in Quppy (outside the EEA)
- Check that USDT and the TRON (TRC-20) or Ethereum (ERC-20) network are shown as available for your account.
- Receive USDT only on the network shown on the deposit screen.
- Exchange USDT with supported crypto-assets or with EUR or GBP where the pair is available; the rate is shown before you confirm.
This straightforward process shows how to create USDT TRC20 wallet efficiently and securely.
Benefits of Using Quppy for Storing Tether
- Custodial storage — the crypto-service provider holds the assets, so there is no seed phrase to lose; recovery goes through Quppy Support.
- EUR and GBP in the same app — exchange crypto with fiat where the pair is available.
- Account protection — PIN, biometric login, two-factor authentication and transaction confirmation.
- Identity verification — required before crypto services are enabled.
Outside the EEA, manage USDT on TRON or Ethereum in our crypto wallet next to EUR and GBP. In the EEA, USDC on Ethereum is the available dollar stablecoin.
Security Checklist for Storing Tether
To protect your funds, follow these recommendations:
- Create a strong password and do not use it for other services.
- Save the recovery phrase — it’s the only way to restore access if you lose your password.
- Avoid public Wi-Fi when making transactions.
- Enable two-factor authentication (2FA) for additional security.
- Regularly update the app and system — this will fix potential vulnerabilities.
- Check transfer addresses — avoid copying from untrusted sources.
- Use antivirus and VPN for extra protection.
Download the Quppy app today and explore all the benefits of managing Tether and fiat currencies in one interface. Subscribe to our newsletter to stay updated on the latest crypto news and tips.