Cryptocurrency Q&A
Can I transfer USDT with ERC-20?
Can I transfer USDT with ERC-20?
CryptoAce
Mon May 13 2024
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6 answers
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I'm just getting started in the world of cryptocurrencies and I'm trying to understand the various transfer options. I've heard of ERC-20 tokens and I'm wondering if it's possible to transfer USDT using this standard. Could you please explain if ERC-20 is compatible with USDT transfers and how the process works? Also, are there any specific requirements or steps I need to follow to ensure a smooth transfer? I'm keen to learn more about this as I'm planning to make my first crypto transaction soon.
6 answers
BusanBeautyBloom
Wed May 15 2024
USDT-ERC20 specifically represents a token issued on the Ethereum blockchain.
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Elena
Wed May 15 2024
USDT is offered across several blockchains.
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Giuseppe
Wed May 15 2024
Among the prevalent standards are USDT-ERC20 and USDT-TRC20.
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KimonoGlory
Tue May 14 2024
When sending USDT-ERC20, it's crucial to have ETH ERC20 prepared.
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Elena
Tue May 14 2024
This ETH ERC20 is required to cover the gas fee associated with the transaction.
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