ethereum

Developing USDT wallet on ERC20 tokens


I am new to the Ethereum network. I want to develop a wallet (on JavaScript and Node.js) for USDT based on the ERC20 token on the Ethereum network.

Can it be built on JavaScript and Node.js?

Also USDT is a tether-based cryptocurrency whose value is about equal to US$1. So for example, USDT on the ERC20 network works on Ether addresses. So if I send 1 ETH to that address then will it be automatically converted to current ETH value to USDT? (i.e, approximately 273$)?

I am learning Ether on Ether's documentation, so do I need anything else to learn and create a USDT and ETH wallet?


Solution

  • Yes, it can be built using JavaScript and Node.js.

    And if you send 1 ETH (US$273) to some other address, you will receive 1 ETH, not 273 USDT. The value is not converted automatically. You'll have to exchange your 1 ETH against 273 USDT.