One notable difference between the two is the cost associated with transferring them. Fees for transferring TRC20-USDT on the Tron network are often cheaper compared to transferring ERC20-USDT on the Ethereum network.
Was this helpful?
41
44
AlessandraFri Nov 08 2024
BTCC, a top cryptocurrency exchange, offers a comprehensive range of services that cater to the needs of cryptocurrency traders and investors. Among its services are spot trading, futures trading, and a wallet service, providing users with a one-stop solution for their cryptocurrency needs.
Was this helpful?
94
91
MargheritaFri Nov 08 2024
TRC20-USDT represents the USDT token issued specifically on the TRON blockchain network.
Was this helpful?
172
32
SolitudeNebulaFri Nov 08 2024
Meanwhile, ERC20-USDT denotes the USDT issued by Tether on the Ethereum network, which follows the ERC20 standard.
Was this helpful?
151
53
TommasoFri Nov 08 2024
Despite being issued on different networks, the TRC20 and ERC20 versions of USDT are functionally identical, serving the same purpose within the cryptocurrency ecosystem.