Cryptocurrency Q&A
How much does it cost to send USDT on ERC20?
How much does it cost to send USDT on ERC20?
OliviaTaylor
Mon May 13 2024
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6 answers
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I'm curious about the cost of sending USDT on the ERC20 network. Could you please provide me with an estimate of the transaction fees associated with sending USDT tokens using ERC20? I'm interested in understanding the factors that affect these fees, such as network congestion or the amount of USDT being transferred. Additionally, it would be helpful if you could compare the cost of sending USDT on ERC20 with other cryptocurrency networks or transfer methods. Thank you for your assistance in clarifying this matter for me.
6 answers
CherryBlossomFall
Wed May 15 2024
USDT can be transferred via two distinct networks.
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KatanaBlade
Wed May 15 2024
One is Tether (ERC20), which leverages the Ethereum blockchain.
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ThunderBreezeHarmony
Wed May 15 2024
Transferring USDT through this network typically incurs a fee.
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EthereumEmpress
Wed May 15 2024
The other option is Tether (TRC20), utilizing the Tron blockchain.
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CryptoVanguard
Tue May 14 2024
Fees for TRC20 transfers tend to be around 2 USDT.
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