Developing USDT wallet on ERC20 tokens

2
votes

I am new to ethereum network.I want to develop an wallet ( on Javascript/Nodejs ) for USDT based on ERC20 Token on ethereum network.Can it be built on JS/NodeJS? Also USDT is a tether based cryptocurrency whose value is about equal to $1.So for example, USDT on ERC20 network works on Ether address.So if i send 1 ETH to that address then will it be automatically converted to current ETH value to USDT ?( i.e: ~ 273$ )? I am learning ether on https://docs.ethers.io/v5/ so do i need anything else to learn and create USDT, ETH wallet?

1
ethereum
Are you looking to just create a frontend for a user to connect their wallet to (e.g. with metamask), or are you trying to create a sort of smart wallet contract ? Plain JS or your framework of choice will be fine for the frontend- you'll need the web3.js collection of libraries. - SimonR
@SimonR I want to actually build only a USDT wallet based on ERC20 token - Tick Twitch

1 Answers

0
votes

Yes it can be built using JS and nodeJS. And if u send 1 ETH (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 1ETH against 273 USDT.