Cryptocurrency Q&A
Is trc 20 the same as TRX?
Is trc 20 the same as TRX?
ethan_lewis_journalist
Sat Feb 08 2025
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7
answers
1416
I've been hearing a lot about cryptocurrencies and blockchain technology recently. Now, I'm confused about TRC20 and TRX. Are they the same thing or different? I need to understand the difference, if any.
7 answers
SamsungSpark
Mon Feb 10 2025
When sending TRC20 tokens to a wallet with no previous transaction history, an additional step is required.
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Rosalia
Mon Feb 10 2025
Initialization of the new address is necessary, which involves setting it up for the first time to receive TRC20 tokens.
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Eleonora
Mon Feb 10 2025
TRC20 tokens come with a higher cost when it comes to sending them compared to TRX.
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KatanaSwordsmanshipSkill
Mon Feb 10 2025
This initialization process incurs a higher transaction fee than usual.
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Tommaso
Mon Feb 10 2025
Sending or swapping TRC20 tokens typically requires a minimum of 30 TRX in your wallet.
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