Cryptocurrency Q&A
Do I need Ethereum to transfer USDT?
Do I need Ethereum to transfer USDT?
CryptoLegend
Thu Jan 02 2025
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6 answers
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I'm wondering if I need Ethereum to make a transfer of USDT. Is Ethereum necessary for the process of sending USDT or can it be done without involving Ethereum?
6 answers
DigitalDynasty
Sat Jan 04 2025
USDT in the form of ERC20 is a digital token that has been issued on the Ethereum blockchain.
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Elena
Sat Jan 04 2025
It utilizes the ERC20 standard, which is a widely recognized and adopted set of rules and protocols for creating and issuing tokens on the Ethereum network.
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CherryBlossomFalling
Sat Jan 04 2025
When sending USDT-ERC20, it is crucial to ensure that you have sufficient ETH in your wallet to cover the gas fee, which is required to process and validate the transaction on the Ethereum blockchain.
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ShintoSanctuary
Fri Jan 03 2025
On the other hand, USDT also exists in the form of TRC20, which is issued on the Tron blockchain.
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HanRiverVisionaryWave
Fri Jan 03 2025
TRC20 is a technical standard developed by TRON for token issuance and management on its network, similar to ERC20 on Ethereum.
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