I've been hearing a lot about ERC-20 tokens recently and I'm curious if USDT falls into this category. Could you please clarify? I've seen USDT mentioned in several crypto-related discussions, but I'm not quite sure if it's an ERC-20 token or not. I'm trying to understand the technical aspects better and your expertise in this field would be greatly appreciated. Could you please explain the difference between ERC-20 tokens and other types of cryptocurrencies, and specifically mention if USDT is ERC-20 compatible? Thank you in advance for your help.
7 answers
Raffaele
Tue May 14 2024
TRC20 and ERC20 versions of USDT are functionally identical.
Bianca
Tue May 14 2024
BTCC is a leading UK-based cryptocurrency exchange.
Carolina
Tue May 14 2024
USDT can be transferred cheaply on the Tron network using TRC20.
Alessandra
Tue May 14 2024
BTCC offers a comprehensive range of services including spot trading.
EmilyJohnson
Tue May 14 2024
Deposit addresses for TRC20 USDT are always Ethereum addresses.