In this guide
Kinds of wallet The recovery phrase Tether networks Before every transfer Wallets on PAMM IranKinds of wallet
| Kind | Who holds the private key | Advantage | Risk |
|---|---|---|---|
| Custodial (exchange account) | The exchange | Convenience | Freezes or problems at the exchange |
| Self-custody software | You | Full control | Losing the recovery phrase, or malware |
| Hardware | You, on a separate device | The highest security | Cost and the care it needs |
The recovery phrase
The recovery phrase (seed phrase) is the key to all your assets. Write it on paper and keep it somewhere safe. Never photograph it, send it through a messenger, or give it to anyone — including support.
Tether networks
| Network | Address format | Note |
|---|---|---|
| TRC20 (Tron) | Starts with T | Low fees; common in Iran |
| BEP20 (BNB Smart Chain) | Starts with 0x | Low fees |
| ERC20 (Ethereum) | Starts with 0x | Higher fees |
| TON | Usually starts with EQ or UQ | A memo may be required |
Before every transfer
- Copy the address and compare its first and last few characters with the destination.
- Check the network.
- If the destination needs a memo or tag, enter it.
- For large amounts, send a small test amount first.
Wallets on PAMM Iran
For currency conversion or receiving payouts (My cards, IBANs and wallets), register your wallet with the correct network. Each wallet can be registered on only one user account.
Last updated: 2026-09-30
These guides are educational and are not investment advice. Trading and investing in financial markets can lead to the loss of some or all of your capital.