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Tether Wallet

Tether (USDT) was the first stablecoin ever created, and is denominated in U.S. dollars 1-to-1. After Bitcoin and Ethereum, USDT is the third-largest cryptocurrency by market capitalization. It is used around the world by many people who need a way to transfer traditional fiat money into crypto, and vice versa. USDT is available on Zengo as an ERC-20 token: Buy, sent, trade, store and earn interest on USDT through Zengo.

What Can You Do with Zengo's Tether (USDT) Wallet?

There are a few qualities that every good crypto wallet should have. Easy access to your coins so that you can take advantage of the (sometimes) highly volatile crypto market, security measures that protect your investment from hackers, and, of course, recoverability if anything happens to your device.  Zengo does all of this (and more) by offering the flexibility of a hot wallet combined with some of the most sophisticated security measures in the industry. Here’s what you can do with your Zengo Tether wallet:

View USDT Portfolio

Keeping track of the market (and your portfolio) is a hassle, especially to the uninitiated. You spend time on forums, follow portfolio trackers online, and generally scrambling to keep abreast of the latest developments. Zengo makes it easy. You can view your entire USDT portfolio in the Zengo app on the go and stay ahead of market trends at any time. Never miss out on a favorable trading window again!

Send and Receive Tether

Receiving or sending Tether has never been easier with the Zengo app. Send and receive Tether from a different wallet, exchange, friend, or family member with a simple swipe or tap on your home screen. You’ll be informed the second Tether USDT lands in your wallet, and you can start trading right away.

Buy Tether (USDT) on Zengo

Whether buying Tether for the first time or adding it to your existing portfolio, 

buying USDT with Zengo is the easiest way to invest. Zengo takes all of the guesswork and hoop-jumping out of Tether purchases by making the user interface as simple as a swipe or tap. Buy and trade Tether using our payment partners with several payment methods and currencies, right in the app.

Fiat to Tether (USDT) Gateway

Buy Tether (USDT) With Credit Card or Wire Transfer

Zengo strives to be the most user-friendly wallet on the market, which is why we offer a variety of payment methods. Pay using your Visa or Mastercard, mobile payment app, SEPA, or even Swift transfer (in select countries). You can view a menu of available payment options by tapping the buy icon. Minimum amounts are applicable when using bank transfers (available in the EU and UK). Payment must be verified via a code sent by email.

Holding and Storing Tether

Holding/HODLing Tether is simple and easy with Zengo. Your funds are secured, and our recovery methods make it easy to access your coins at any time, even if you’ve lost or changed your device.

Trade or Exchange Tether (USDT) for Bitcoin, Ethereum, and Other Coins and Tokens

You can exchange your USDT for any other Zengo-supported assets, including Bitcoin, Ethereum, DOGE, Shiba Inu, Tezos, and more. Supported currencies are listed on the Zengo website.

Top 10 Things you Should Know about Tether

Are you interested in investing in Tether (USDT)? Tether is an exciting and stable cryptocurrency that appeals to veterans and novices alike. Here’s what you should know about Tether before you get started:

1. What Is Tether (USDT) Cryptocurrency?

Tether (USDT) is a cryptocurrency backed by an equivalent amount of US dollars, making it a so-called stablecoin. USDT is the third-largest cryptocurrency by market capitalization, making it an exciting prospect for investors.

2. Who Created Tether ?

Tether was founded in 2014 by Brock Pierce, Craig Sellars, and Reeve Collins. It was originally known as Realcoin. As a stablecoin, it keeps a 1:1 exchange ratio with the US dollar.

3. Why Was Tether Originally Created?

Tether introduced the fiat-collateralized stablecoin market to the world, and their model has since been emulated by several companies. Tether was created to solve two of the major issues that early adopters found with cryptocurrency — namely, the volatility of the market and the difficulty of converting cryptocurrencies to

fiat currency and vice versa. Tether’s cryptocurrency is backed by 1:1 deposits of US dollars at leading banks.

4. When Was Tether Introduced?

Brock Pierce, Craig Sellars, and Reeve Collins introduced Tether in July 2014 as one of the first stablecoins on the market.

5. How Many Tokens were Created?

There is a circulating supply of 77, 183, 290, 049 of USDT with a market cap rank of 4. 

6. What Kind of Blockchain does it Run on?

Tether runs on the Ethereum blockchain using tokens issued by Tether Limited, owned by Bitfinex. 

7. Who Are the Most Popular Celebrity Supporters of Tether?

The founder of Tether is a bit of a celebrity. Brock Pierce starred in several Disney films, including The Mighty Ducks series!

8. Does Tether Have An Online Community?

The Tether forums on Reddit are extremely active. 

9. Where Can I Use Tether in Real Life?

A few vendors will accept Tether as currency, including Travala, Alternative Airlines, and Time magazine.

10. Can You Mine Tether?

No, Tether isn’t mineable. It’s issued based on fiat currency deposits. You can acquire USDT by buying or trading using your Zengo wallet.

Fun Facts About Tether (USDT)

Astronaut Capital in Singapore is their biggest investor.

Tether is the third biggest cryptocurrency by market capitalization in the world.

Tether is wholly owned by Bitfinex, one of the largest Bitcoin exchanges by volume in the world. Jan Ludovicus is the CEO of both Bitfinex and Tether.

Brock Pierce, one of the founders of Tether, was a child actor who starred in multiple Disney films in the 1990s

What are the Features of Tether (USDT)?

Tether is backed by US currency but cannot be exchanged for US dollars. You can sell Tether on an altcoin exchange for Bitcoin or Ethereum and then use Coinsquare to convert it to fiat currency like Euros or Canadian dollars.

Tether issues tokens on bitcoin (Omni and Liquid Protocol), Ethereum, EOS, Tron, and other blockchains.

57% of all bitcoin trading happens on Tether.

Tether runs on the Ethereum network.

Why Choose Zengo?

Zengo is a one-stop-shop for all your cryptocurrency needs. The wallet has several unique features that make trading a breeze, whether you are highly experienced or a complete beginner.

Portfolio Accessibility

With Zengo, you can access your crypto portfolio at any time. Buy, trade, view, or send Ethereum to friends and family on the go, whenever you need to. Unlike other wallets, there are no minimums, no maximums, and no expensive transaction fees. Just safe and simple transacting.

Tether Keyless Wallet Security

We know how important security is when it comes to crypto trading. Zengo uses best-of-breed technology to protect your coins. By combining safeguards that include facial recognition, threshold key signatures (TSS), and 
3-factor authentication, your wallet is highly secured at all times.

Control your Crypto

Many wallets keep a tight leash on their clients’ tokens, but not Zengo. You’re always in control and can buy Ethereum or other cryptocurrencies at any time without penalties or transaction fees.

Effortless Recoverability

Zengo will be able to restore access to your wallet and your coins through its authentication methods. If you lose your device at any time, our helpful agents will help you recover access in no time. 

24/7 Support with Live Agents in-App

At Zengo, we love automation and technology but not for our helpdesk. Find live support agents directly in the app, whenever you need them. We’re available 24/7. Zengo will help new crypto investors every step of the way.

Is anything unclear?

Tether Crypto Wallet FAQ

We’ve compiled a list of the most frequently asked questions about Tether (USDT) for your convenience:

If you use Zengo, you don’t need any technical expertise or experience with cryptocurrency at all. All you need is a smartphone and the Zengo app. You can buy your first USDT tokens immediately by clicking the buy button on the home screen and picking your preferred payment method. It’s the simplest way to get started in crypto.

Most of us want the flexibility of a hot wallet with hardware security. Zengo offers the best of both worlds. Zengo is the most secure crypto wallet for storing USDT by virtue of its using threshold signatures instead of a single private key. The authentication is split between the users’ phone and the server, making it harder to hack.

Picture your USDT coins locked in a suitcase with a combination lock. The suitcase is the blockchain where your coins are kept. Your wallet is the combination you need to open the lock. Your wallet doesn’t store coins, but it gives you access to it. A wallet is the proof of ownership every bitcoin investor needs to access their funds.

Wallets can be complicated to set up…but not Zengo. Zengo is the easiest way to get started with cryptocurrency. 

  1. Download the Zengo App, swipe right, and click Get Started. 
  2. Enter your email address. 
  3. You will receive a link to confirm your address; please click the link and follow the prompts. 
  4. You’ll be asked to use face recognition and follow a few more prompts to complete your profile. 
  5. Click the “Backup Now” button in the app and repeat face recognition. 

And…you’re all set up! Congratulations, you can start trading!

You’ll need your wallet address to receive crypto from various sources. The address is generated automatically by your Zengo app. Tap an asset on the home screen and swipe right. A QR code will appear. Beneath it, you’ll see a string of numbers and letters. That is your wallet address!

Yes! If you feel generous, use our referral code to invite someone to download Zengo. We’ll give them additional crypto coins if they spend $200 in their first month (30 days) and give you a referral bonus, too! Once they are set up, you can gift them with any amount of cryptocurrency you wish.

Set up your Tether wallet by downloading the Zengo app and following all the prompts, including the facial scan and email link confirmation. Back up your information in the cloud, and you are good to go! Don’t worry; the app will take you through the process step by step.

All you need to send Tether to someone else is the wallet or exchange address of the recipient. Swipe right or tap the Tether asset on your home screen on the Zengo app and enter the wallet address you’d like to send it to. Click send, and the Tether will be on its way to the lucky recipient.

You can receive Tether from another wallet or party by providing the sender with your wallet address. You’ll be notified in the app when the coins arrive and can start trading right away.

Other assets

Disclaimer: The information provided herein is for educational purposes only. Zengo does not provide any investment or financial advice whatsoever. As with any financial or investment decision, conduct your own research and due diligence to properly evaluate the benefits and risks of any investment or financial transaction and seek the advice and guidance of qualified financial professionals, in connection with any investment or financial transaction.