Cryptocurrency Q&A
Is TRC-20 same as ERC20?
Is TRC-20 same as ERC20?
SeoulSerenity
Mon Dec 16 2024
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5 answers
1187
The user wants to know if TRC-20 is the same as ERC20. They are inquiring about the similarity or difference between these two terms, which are related to cryptocurrency token standards on different blockchain networks.
5 answers
Bianca
Wed Dec 18 2024
Despite being issued on different networks, the USDT tokens on TRC20 and ERC20 share identical properties and values.
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CryptoProphet
Wed Dec 18 2024
Users may notice a cost difference when transferring these tokens.
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Raffaele
Wed Dec 18 2024
TRC20-USDT represents the USDT tokens issued on the TRON blockchain network.
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KatanaSwordsmanshipSkill
Wed Dec 18 2024
Often, transferring TRC20-USDT on the Tron network incurs cheaper fees compared to ERC20-USDT on the Ethereum network.
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Riccardo
Wed Dec 18 2024
On the other hand, ERC20-USDT signifies the USDT tokens minted by Tether on the Ethereum blockchain.
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