Brief Information on USDT (TRC-20)
Tether (USDT) was created by Tether Limited in 2014. The developers were able to qualitatively implement a curious idea — to combine a real-life currency and blockchain technology. As a result, the USDT stablecoin appeared — its rate is almost always equal to 1 US dollar. In 2019, USDT was released on the TRON blockchain using the TRC-20 protocol.
USDT smart contract
Do not submit USDT through a third party contract. Our exchanger does not accept transactions that are sent by third party smart contracts, except for the original USDT contractin the network TRX.
Transaction processing speed in the TRON blockchain
The network is capable of processing about 1 500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm your transfer.
Network fee
Despite the similarities to Ethereum, TRON has a number of distinctive features. One of them is the energy that is needed to conclude smart contracts on the Tron blockchain. Energy can be obtained by freezing TRX in the wallet. If you have no energy and you have created a transaction, TRX will automatically convert to the required amount of energy. Therefore, to work with tokens, the wallet must have TRX.
Brief Information on USDT (ERC-20)
Tether (USDT) was created by Tether Limited in 2014. The developers were able to qualitatively implement a curious idea — to combine a real-life currency and blockchain technology. As a result, the USDT stablecoin appeared — its rate is almost always equal to 1 US dollar.
In 2018, USDT was released on the Ethereum blockchain using the ERC-20 protocol. This made Tether compatible with decentralized apps, dramatically increased transaction speed, and dramatically reduced fees. At this time, Tether on the ETH blockchain is the most popular among users.
USDT smart contract
Our exchanger only sends transactions to the original USDT contract. Transactions are not sent to addresses of third-party contracts.
My order is completed, but I cannot see the funds in my wallet, what should I do?
We send Ethereum tokens with an average commission so that the receiving party does not have to wait long for the receipt. But sometimes, with the increased load on the Ethereum network, the transaction can get stuck in the mempool and not get into the block. The status of such a transaction is "Pending". The etherscan.io explorer gives information about the expected processing time of a transaction, but you need to understand that this value is not exact and may change depending on the situation.
If a transaction sent by us cannot be confirmed for a long time, contact technical support with a request to push the transaction through.
FAQs
Exchange in 3 steps
Can you swap USDT TRC20 to ERC20? ›
Cross-Chain Swapping
To swap USDT TRC20 for ERC20, you need to bridge between these two distinct blockchains. This involves sending USDT on TRON to an exchange that can convert it to USDT ERC20 and then sending it to a compatible wallet.
How to swap USDT TRC20 to USDT ERC20 on Trust wallet? ›
Here are the general steps to swap USDT TRC20 to USDT ERC20 in Trust Wallet:
- Open the Trust Wallet app on your mobile device.
- Go to the DApps section and connect to a DEX like PancakeSwap for TRC20 tokens or Uniswap for ERC20 tokens.
- Select the tokens you want to swap (USDT TRC20 as input and USDT ERC20 as output).
USDT TRC20 is developed and issued on the Tron blockchain, while the USDT ERC20 runs on the Ethereum network. They're the same token but just on different ecosystems of sorts. USDT TRC20 has a contract address that starts with “T”, while the USDT ERC20 version has its contract address starting from “0x.
How to convert USDT TRC20 to USDT ERC20 on Binance? ›
If you want to convert TRC20 USDT to ERC-20 USDT on Binance, you'll need to go through a couple of steps. First, you'll need to deposit your TRC20 USDT to your Binance account. Then, go to the "Convert" page and select "TRC20 USDT" as the "From" token and "ERC20 USDT" as the "To" token.
How do I transfer TRC20 to Ethereum? ›
To transfer TRC20 USDT to Ethereum, you'll need to use a bridge or exchange service that supports the conversion between the TRC20 and ERC20 standards. Generally, the process involves depositing your TRC20 USDT into the platform, and then the platform will issue ERC20 USDT tokens to your Ethereum address.
How to change USDT Tron to USDT Ethereum? ›
How to swap USDTTRC20 to ETH
- Choose the crypto exchange pair. Choose Tether USD (Tron) in the “You send” section. ...
- Enter the recipient's address. Now you need to enter the recipient's Ethereum address. ...
- Send the deposit. In order to proceed the efficient and reliable swap, the deposit is required. ...
- Receive cryptocurrencies.
One of the most basic reasons for transaction failures is having an insufficient balance in your Trust Wallet. Ensure that your wallet contains enough USDT to cover the intended transaction amount, including network fees.
Can I convert USDT to Ethereum on trust wallet? ›
If you're wondering how to swap BTC or how to swap USDT; the process is similar to the one above. All you need to do is choose your desired assets. In fact, Trust Wallet allows you to swap over 1 Million pairs, and you can swap across a number of blockchains including Ethereum, Bitcoin, Avalanche, BNB, and many more.
Does Coinbase accept USDT TRC20? ›
Litecoin TRC20 LTCT Price, Live Charts, and News in United States: coinbase trc20, trc20 coinbase. Litecoin TRC20 (LTCT) is not tradable on Coinbase.
How to Set Up USDT TRC20 Wallet
- Step 1: Pick the Right Wallet Provider. There are many crypto wallets available right now, but not all wallets fit every user's needs. ...
- Step 2: Configure Your Wallet. ...
- Step 3: Access the TRON Network. ...
- Step 4: Add USDT TRC20 Tokens to Your Wallet. ...
- Step 5: Secure Your Crypto Wallet.
Tron is an open source blockchain that is widely used by merchants to accept USDT. Tron is the epitome of speed, capable of processing 2000 transactions per second. The Tron network is powered by a Proof of Stake consensus, which is the secret to its unparalleled efficiency.
How to exchange USDT TRC20? ›
Swap Tether coins for one of the assets in our rich crypto selection by following the steps below:
- Pick USDT as “You Send” currency above.
- Choose the asset you'd like to get for your USDT.
- Enter the wallet address of the coin you'd like to get.
- Send your deposit to a one-time address.
A USDT swap refers to the process of directly exchanging or converting your USDT coins for another token. This process is more convenient and is also much cheaper than exchanging a token using trading pairs or going over the counter.
Is USDT TRC20 swappable? ›
In this specific example of swapping USDT TRC20 for BNB, Trust Wallet enables you to add multiple currencies from different blockchains to a single wallet. This makes it easy to deposit USDT (TRX) and receive BNB tokens simultaneously. You can use ChangeNow to facilitate the swap experience using a single wallet.
Where can I swap USDT Tron? ›
How to swap USDT to TRX?
- Visit the ChangeNOW website.
- Select Tether USD (USDT) for “You Send” and TRON (TRX) for “You Get”.
- Enter the amount of USDT.
- Provide your TRX wallet address.
- Confirm the transaction details.
- Send USDT to the provided address.
- Receive TRX in your wallet once the transaction is complete.
Swapzone helps you swap Tether to Ethereum making the most of it by selecting the most profitable exchange deals currently available on the cryptocurrency market. To find the best exchange rate, sort available USDT to ETH swap offerings by clicking the Best Rate icon above the list.
What exchanges support TRC20 USDT? ›
Most crypto exchanges, like Binance, Bitfinex, Kucoin, etc., support the token. Crypto traders can swap it with other tokens and vice versa. The same goes for wallets. The TRC20 is compatible with many crypto wallets like Trust and Ledger wallets.
