I am trying to understand if
Tether USDT is based on the ERC-20 standard. I want to know if USDT tokens are ERC-20 compliant or not, as this information is crucial for my understanding and usage of the token.
5 answers
Alessandro
Sat Jan 04 2025
Despite their similarity, there are differences in the transaction fees associated with transferring these tokens.
Carlo
Sat Jan 04 2025
One notable advantage of using TRC20-USDT is that the fees for transferring this token on the Tron network are often cheaper compared to the fees on the Ethereum network.
InfinityRider
Sat Jan 04 2025
TRC20-USDT represents the
USDT token issued specifically on the TRON blockchain network.
Margherita
Sat Jan 04 2025
BTCC is a prominent
cryptocurrency exchange that offers a range of services. These services include spot trading, futures trading, and a wallet service.
KatanaSharpened
Sat Jan 04 2025
On the other hand, ERC20-USDT is the version of USDT that is issued by Tether on the Ethereum network. Both of these tokens serve the same purpose and are identical in nature.