How to add Tether (USDT) to MetaMask
The process of adding Tether (USDT) to your MetaMask Wallet will vary based on the network you want to hold the token on. Fortunately, CoinGecko simplifies this process by offering users access to all verified USDT contract addresses across different networks in one place.
Here's a simple guide to help you get started:
- Go to the CoinGecko USDT Page.
- Click the 'Contract' button located under 'Info' in the top right corner of the page.
- Locate the network you want to add the USDT token to on your MetaMask Wallet.
- Click on the MetaMask logo icon and it will be automatically added to your MetaMask Wallet.
Can I add the BEP20 USDT to MetaMask?
Yes, you can add BEP20 USDT to MetaMask. Simply visit the CoinGecko USDT page, click the 'Contract' button under 'Info', select the Binance Smart Chain row, and click the MetaMask logo. The contract address for BEP20 USDT on Binance Smart Chain is 0x55d398326f99059ff775485246999027b3197955.
Is it Safe to Hold USDT on MetaMask?
Storing USDT, or any cryptocurrency, on a Web 3 wallet like MetaMask comes with some inherent risks, as with any storage method. However, MetaMask has taken measures to ensure the security of users' funds, such as implementing secure encryption methods and offering options for setting up a password and recovery seed phrase.
It is generally recommended to follow best practices for secure storage of cryptocurrencies, such as regularly backing up your recovery seed phrase, keeping your software and security protocols up-to-date, and avoiding sharing sensitive information with third parties.
Ultimately, the safety of your funds depends on your own due diligence and understanding of the risks involved. It's important to fully research and assess the security measures in place before making a decision to hold any cryptocurrency on a Web 3 wallet.
Is Tether and USDT Safe?
Yes, Tether (USDT) is a safe and secure digital asset. It is fully backed by real-world fiat currencies including the US Dollar, Euro and Japanese Yen. All USDT tokens are stored in secure wallets and monitored closely by third party auditors. This ensures that all USDT tokens remain properly backed at all times.
Adding USDT to MetaMask is a simple and fast process that can be easily done in just a few steps. Make sure you always use the correct contract address for each network as this will ensure your funds remain secure at all times. We hope this guide was helpful, and happy trading.