Why do I need ETH to send USDT?

USDT is either ERC 20 (ethereum) based or TRC 20 (Tron) based token for its practical implementation. When USDT is ERC 20 token, it means such USDT is running on ethereum blockchain and it needs gas fees in eth (ethers) to some extent to transfer from one ERC wallet to another ERC wallet.

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What is USDT and ETH?

Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation.

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How do I get the TRY Binance?

Binance will now allow users to bind their Visa cards and purchase BTC, ETH, BNB and XRP with Turkish Lira(TRY). To access this service, users can visit the “Buy Crypto” page, select an amount of TRY, click next, and then click “Add a new card” to bind their Visa card .

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What does Binance TRY mean?

Fellow Binancians, Binance will add trading for the Turkish lira (TRY) in the USDⓈ trading market and open trading for BNB/TRY, BUSD/TRY and BTC/TRY trading pairs at 2019/12/20 10:00 AM (UTC). TRY deposits are now open. Users can check their TRY balances and trading options here.19 Ara 2019

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