Updated 6 Nov 2026
USDT wallet
Plaxswap Wallet is a decentralized wallet that holds USDT on 7 networks. There's no account to open, you keep the recovery phrase, and it works on Android and in a browser.
USDT networks in this wallet
USDT on each network is separate, even though it has the same name. The network fee is a usual figure, and it moves with the network. The wallet shows the real fee before you send.
| Network | Your address | Fee is paid in | Network fee | In this wallet |
|---|---|---|---|---|
| Tron (TRC-20) | Starts with T | TRX | About $1.20 | Send, receive, swap |
| Ethereum (ERC-20) | Starts with 0x | ETH | About $0.60 | Send, receive, swap |
| BNB Chain (BEP-20) | Starts with 0x | BNB | About $0.05 | Send, receive, swap |
| Solana (SPL) | 32 to 44 letters and numbers | SOL | About $0.30 | Send, receive, swap |
| Arbitrum | Starts with 0x | ETH on Arbitrum | About $0.02 | Send, receive, swap |
| Polygon | Starts with 0x | POL | About $0.02 | Send, receive, swap |
| TON | Often starts with UQ or EQ | TON | Not yet | Receive only |
We take no fee to send or receive. The USDT coin page has the latest fee for each network.
You need a second coin to send USDT
USDT can't pay its own network fee. To send USDT on Tron you need some TRX in the same wallet, on Ethereum you need ETH, on BNB Chain you need BNB, and so on. If you're short, the wallet stops before the review and says exactly how much more you need.
- On Tron, a transfer to an address that already holds USDT uses about 65,000 energy, and about twice that to a new holder. The wallet tries the payment first to see the real cost, then asks for that much TRX plus 20%.
- On Solana, if the recipient has no USDT account yet, your payment opens one for them. That costs about 0.002 SOL, and the review shows it.
- On Ethereum, BNB Chain, Arbitrum and Polygon, the fee depends on how busy the network is when you send.
Choosing a USDT network
Use the network the other person or exchange supports, and check it before you send. USDT sent on the wrong network usually can't be recovered, and an exchange may not credit it. Your address on Ethereum, BNB Chain, Arbitrum and Polygon is the same 0x address, so an address alone doesn't tell you which of those four a payment will use. Tron and Solana have their own addresses.
Our guide to USDT payments explains the networks in more detail.
Swapping USDT
You can swap USDT for other coins inside the wallet, without an account. Each route shows its fees before you confirm. Our fee is 0.20% from stablecoin to stablecoin on one network, 0.30% for other swaps on one network and 0.40% between networks. Some routes have no Plaxswap fee, and the swap service keeps its own fee. All the costs are on the fees page.
Without the wallet, you can use the swap form for USDT to BTC or USDT to TRX.
What this wallet can't protect you from
- Tether can freeze USDT at an address, and no wallet can override that.
- USDT aims to stay near one US dollar, but that isn't guaranteed.
- A payment goes straight to the network, and we can't stop or reverse it.
- Anyone with your recovery phrase controls your USDT, so write it on paper and never share it. We'll never ask for it.
- The wallet is closed in 7 countries because of sanctions or FATF rules, and the compliance policy lists them.
The Plaxswap Wallet page covers how the phrase is protected and the safety limits you can turn on. Running a business? See how to accept USDT payments.
Questions
Is this a USDT TRC-20 wallet?
Yes. It holds, sends and swaps USDT on Tron, and also on Ethereum (ERC-20), BNB Chain (BEP-20), Solana, Arbitrum and Polygon. USDT on TON can be received, but sending it isn't ready yet.
Why can't I send my USDT?
Most likely you have no coin to pay the network fee. Sending USDT on Tron needs TRX, on BNB Chain it needs BNB, and so on. The wallet tells you exactly how much more you need.
Is my ERC-20 address the same as my BEP-20 address?
Yes. Your address on Ethereum, BNB Chain, Arbitrum and Polygon is the same 0x address, but each network keeps its own balance. Tell the sender which network to use, because USDT on one doesn't show up on another.
Can Plaxswap freeze my USDT?
No. We can't move or freeze coins in this wallet. Tether, which issues USDT, can freeze USDT at an address, and no wallet can override that.
Is USDT always worth one dollar?
No. USDT aims to stay near one US dollar, but that isn't guaranteed.
Does Plaxswap charge to send USDT?
No. We take no fee to send or receive. You pay only the network's fee, in the network's own coin.