STEP 5: Set up a crypto wallet on a crypto exchange if you do not already have one

 Set up a crypto wallet on a crypto exchange if you do not already have one.


For those of you who do not yet have a crypto wallet, CoinZoom will probably be the best option to start with. You can go here to create your CoinZoom account.

CoinZoom claims to be the best wallet in the world for those sending USDT via TRC20. They have a fairly simple set-up process and  make funding very easy using the app. CoinZoom has no limits on how much you can deposit or withdraw in USDT, no dollar limits on bank wires in or out, and you can easily sell USDT for US dollars or vice-versa. CZ is also not known for randomly closing user's accounts, like Kraken is.

If you choose to not use CoinZoom, you can click here to see an article which lists the "Best Exchanges Using TRC20". NOTE: Binance does not allow USDT to be transferred by USA residents.

I personally started with Kraken, because they have excellent support/help but they do not serve a lot of areas (NY, TX, WA) and often close user accounts without explanation. Coinzoom and Hyperwalletapp are probably the most commonly used by COTPS members.

CoinZoom Set-Up Instructions:

(All links will open in new tab.)

How to Create CoinZoom Account

Setting Up 2FA (Two-Factor Authentication) to protect your CoinZoom account

CoinZoom KYC instructions

CoinZoom KYC Video Instructions

CoinZoom Funding Options

How to buy USDT in CoinZoom exchange

CoinZoom Withdrawal Instructions

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