TRC20 vs ERC20

TRC20 (TRC20 Token Standard) is a token standard based on the implementation of smart contract when using TRON network to issue a token .

TRC20 USDT Withdrawal usually takes time less than 5 minutes . Every withdrawal processing time is depend on the blockchain confirmation. If the network is smooth , the confirmation will be faster , thus the deposit/withdrawal will be credited faster.

The exchanges that currently support TRC20-USDT include Binance, XREX, OKEX, KuCoin, Bitfinex, Poloniex, Bithumb, DragonEx, Gate.io, ZB.com, Bigone and TRXMarket .

TRC20 based USDT enables interoperability with TRON-based protocols and Decentralised Applications (DApps) while allowing users to transact and exchange fiat pegged currencies across the TRON Network .

Back To TRC20, Features And Implementations RC20 tokens are managed in a highly secure system through a peer-to-peer network that is dispersed . Because they tap into the already secure network of the blockchain they exist on, there is little to no fear of security breach or fraud in the system.

TRC20-USDT refers to USDT issued on the TRON network, ERC20-USDT refers to USDT issued by Tether on the Ethereum network . The USDT issued on TRC20 and ERC20 are both identical, however fees to transfer this USDT can often be cheaper on the Tron network using TRC20.

You will need some TRX in your wallet as all “TRC20”-type TRON token transactions require some amount of TRON to be frozen for Energy . This will allow you to perform TRC20 token transactions without having to pay any network fees.