Cryptocurrency Q&A What's the difference between TRC20 and ERC-20?

What's the difference between TRC20 and ERC-20?

SamuraiWarrior SamuraiWarrior Mon Dec 30 2024 | 6 answers 931
I'm trying to understand the differences between TRC20 and ERC-20. Specifically, I want to know about their address formats, the networks they use, transaction fees, and any security differences. Additionally, how do these differences affect users when choosing between the two protocols for crypto transactions? What's the difference between TRC20 and ERC-20?

6 answers

CryptoAlly CryptoAlly Wed Jan 01 2025
TRC20-USDT signifies the USDT token issued specifically on the TRON blockchain network.

Was this helpful?

175
49
Giulia Giulia Tue Dec 31 2024
The Tron network, utilizing TRC20, often offers more affordable fees for transferring USDT compared to other networks.

Was this helpful?

227
75
Arianna Arianna Tue Dec 31 2024
Conversely, ERC20-USDT denotes the USDT issued by Tether on the Ethereum network.

Was this helpful?

219
48
Sara Sara Tue Dec 31 2024
BTCC is a prominent cryptocurrency exchange that provides a range of services tailored to meet the needs of crypto traders.

Was this helpful?

58
37
CryptoDynastyLord CryptoDynastyLord Tue Dec 31 2024
Both versions of USDT, whether issued on TRC20 or ERC20, are functionally equivalent and represent the same value.

Was this helpful?

180
42
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts