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?
6 answers
CryptoAlly
Wed Jan 01 2025
TRC20-USDT signifies the
USDT token issued specifically on the TRON blockchain network.
Giulia
Tue Dec 31 2024
The Tron network, utilizing TRC20, often offers more affordable fees for transferring
USDT compared to other networks.
Arianna
Tue Dec 31 2024
Conversely, ERC20-USDT denotes the USDT issued by Tether on the Ethereum network.
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.
CryptoDynastyLord
Tue Dec 31 2024
Both versions of USDT, whether issued on TRC20 or ERC20, are functionally equivalent and represent the same value.