trc20usdt query

1. Which exchange is the TRC20 withdrawal channel of TRX on?

Consultation record · Answered on 2021-11-26

2. What is the difference between trc20 and erc20

What does TRC20 mean? As we all know, there are many professional terms in the blockchain industry, especially some words related to technology, which are relatively obscure for many investors, but some common words are what we need to understand, such as The common words such as ERC-20 and TRC-20 mentioned in this article, and what does it mean to mention these two words
TRC20? As we all know, there are many professional terms in the blockchain industry, especially some words related to technology, which are relatively obscure for many investors, but some common words are what we need to understand, such as The common words such as ERC-20 and TRC-20 mentioned in this article, and when these two words are mentioned, we have to mention usdt, and about USDT, everyone knows that it is one of the currencies that enter the market, by Tether company The issued stablecoin is based on a 1:1 peg to the U.S. dollar. So, what exactly does TRC20 mean? Let me explain to you what TRC20 means? And what is the difference between TRC20 and ERC20?

What does TRC20 mean?
RC20USDT is a stablecoin jointly issued by TRON and Tether. Compared with the old stablecoins (Omni-USDT and ERC20-USDT, etc.), TRC20-USDT has been greatly optimized in terms of transfer fees and transaction confirmation speed. .

In terms of fees, TRC20-USDT can achieve free transfers. The withdrawal fees of mainstream exchanges show that the USDT withdrawal fee based on the Omni protocol is the most expensive, ranging from 4-10 US dollars, the ERC-20 fee is 1-5 US dollars, and the TRC20-USDT withdrawal fee The coin fee is 0, which means that users can enjoy the exchange fee-free withdrawal service.

In terms of transaction confirmation speed, the USDT issued based on the TRON network takes advantage of the performance advantages of the third-generation public chain. The TPS of the TRON network can reach thousands of levels, and transactions can be confirmed in seconds. Better than Omni (transfer confirmation takes ten minutes to days) and ERC20 (minutes to hours). The extremely fast transfer speed can meet the diverse needs of stablecoin users and avoid damage to investors’ interests due to network congestion.

What is the difference between TRC20 and ERC20?
1. Features of TRC20

1. Fees paid… no fees?!

Yes! There are no procedures for transferring USDT on TRON However, the withdrawal of TRC-USDT on the exchange will still charge a withdrawal fee (charged by the exchange). Address example: (TRC-20 contract)

2. Currently still in testing

Most exchanges support the recharge of TRC-USDT, but because of the current TRC- USDT is still being tested, so the deposit and withdrawal of the exchange is closed.

Second, ERC20 features

1. The type of fee paid is ETH

ERC-USDT is the same as other Tokens on Ethereum. On the Ethereum address, the type of handling fee that needs to be paid for each transfer is ETH. Address example: (ERC-20 contract)

2. Most exchanges support deposit and withdrawal, and the withdrawal limit is low

Basically, all mainstream exchanges support ERC- For USDT deposit and withdrawal, you can choose to mention the BTC address or the ETH address when withdrawing. And, taking Huobi as an example, the minimum withdrawal limit of ERC-USDT (2 USDT) is currently smaller than that of Omni-USDT (200 USDT).

3. Supporting smart contracts, on-chain transaction query is more convenient

Unlike Omni-USDT, ERC-USDT can support smart contracts. ERC-20 USDT transactions can be queried in mainstream Ethereum browsers. Interested users can go to Tokenview’s Ethereum browser to inquire about ERC-USDT transaction details.

What does TRC20 mean? Through the above introduction, I believe that everyone has some understanding of what TRC20 means. As we all know, TRC20 has advantages that can make investors feel good about investing in this stablecoin. Emotions are uncertain, which aggravates investors’ choice of stablecoins. Therefore, some people in the currency circle believe that the rise of TRC20 to the world’s leading stablecoin is the inevitable result of the market’s choice.

3. How Querying the assets of the other party’s TRC20

It is generally like this, and the assets that he has not registered generally cannot be queried.

4. Is td a trc20 channel?

No.
trc20 is a stable currency channel jointly issued by RC20USDT for TRON and Tether. Compared with the old stablecoins Omni-USDT and ERC20-USDT, TRC20-USDT has been greatly optimized in terms of transfer fees and transaction confirmation speed.
In terms of fees, TRC20-USDT can realize free transfers. The withdrawal fees of mainstream exchanges show that the USDT withdrawal fee based on the Omni protocol is the most expensive, ranging from 4-10 US dollars, the ERC-20 fee is 1-5 US dollars, and the TRC20-USDT withdrawal feeThe coin fee is 0, which means that users can enjoy the exchange fee-free withdrawal service.
In terms of transaction confirmation speed, the USDT issued based on the TRON network takes advantage of the performance advantages of the third-generation public chain. The TPS of the TRON network can reach thousands of levels, and transactions can be confirmed in seconds, which is significantly better than Omni and ERC20 . The extremely fast transfer speed can meet the diverse needs of stablecoin users and avoid damage to investors’ interests due to network congestion.

5. How to use trc20 in imtoken wallet

You can add usdt contracts directly in the trc20 chain, you can add trc20 wallets, and then add usdt smart contracts.
Similarly, you need to transfer to the usdt address of trc20, but you need to use the trx currency as the energy fee, so you need to charge 10 trx to the trc20 address holding the usdt, which may be too much, but it is safe.
Does the transfer fee from imToken to imToken need to be deducted?

Bitcoin, Ethereum and other wallet transfers need to pay the miner’s fee, but the miner’s fee exists in different forms; in addition, it is necessary to pay attention to It is TRON wallet and EOS wallet. Tron wallet transfer does not need to consume miner fees, but it needs to consume bandwidth and energy. EOS account transfers and other operations will consume CPU and NET, and the consumed CPU and NET will be fully refunded over time. Here is an example of transferring USDT in your ETH wallet. Transferring USDT in your ETH wallet needs to consume ETH as the transfer miner fee.

6. How to convert usdt of erc20 to trc20

Summary Stablecoins play an important role in our digital currency investment process, due to the current The channel between legal currency and digital currency in many countries is not so smooth, so there is a demand and market for stable currency in the market. When the price of digital currency fluctuates greatly, the digital currency can be converted into stable currency, which can play the role of hedging and locking in income.

7. What does usdt-trc20 mean

RC20USDT is a stablecoin jointly issued by TRON and TEDA company Tether. Compared to the old stablecoins (Omni-USDT and ERC20-USDT etc.). ), TRC20-USDT has greatly optimized the transfer fee and transaction confirmation speed.
In terms of cost, TRC20-USDT can be transferred for free. The refund fees of mainstream exchanges show that the USDT based on the Omni protocol has the highest refund fee, ranging from $4 to $10, while the refund fee for ERC-20 ranges from $1 to $5, while the TRC-20- The USDT refund fee is zero, which means that users can enjoy a free refund service.
In terms of transaction confirmation speed, USDT based on TRON network gives full play to the performance advantages of the third-generation public chain. The TPS of TRON can reach thousands of levels, and it can achieve secondary confirmation of transactions, which is significantly better than Omni (transfer confirmation takes ten minutes to several days) and ERC20 (minutes to hours). The extremely fast transfer speed can meet the diversified needs of stablecoin users and avoid the damage of network congestion to the interests of investors.
Expansion information
1. Features of TRC20 There is no handling fee for payment. There is no handling fee for USDT to be transferred by the wave field, but there is still a handling fee for the exchange to withdraw TRC-USDT (charged by the exchange). Example: tr7nhqjekqxgtci 8q 8 zy4pl 8 otszgjl6t (TRC-20 contract) Most exchanges support the deposit of TRC-USDT, but since TRC-USDT is still in testing, the deposit of the exchange is closed.
2. Features of ERC20. The type of fee paid is ETH. ERC-USDT, like other tokens in Ethereum, is stored in the address of Ethereum, so each time you transfer, the type of fee to be paid is ETH. Example: 0xdac 17 f 958 d2ee 523 a 2206206994597 c 13d 831 EC 7 (ERC-20 contract) Most exchanges support delisting, and the delisting amount is lower. Basically, all mainstream exchanges support ERC-USDT withdrawals. When withdrawing, you can choose to withdraw from a BTC address or an ETH address. In addition, taking Huobi as an example, the minimum withdrawal limit of ERC-USDT (2 USDT) is currently lower than that of Omni-USDT (200 USDT). Support smart contracts to make online transaction inquiries more convenient. Unlike Omni-USDT, ERC-USDT can support smart contracts. ERC-20 USDT transactions can be found in mainstream Ethereum browsers. Interested users can go to Tokenview’s Ethereum browser to learn more about ERC-USDT transactions.
3. TRC20 has some advantages that can make investors feel good about investing in this stable currency. Investor sentiment towards Bitcoin is uncertain as it halving, which has intensified investors’ choice for stablecoins. Therefore, some people in the currency circle believe that the rapid rise of TRC20 as a global stable currency is the inevitable result of market choice.

8. usdt trc20 contract address

The address is obtained through the private key, the address of TRC20-USDT starts with T, so how should I choose? Omni -USDT has the best security, but the transfer speed is too slow.

9. How to query USDT wallet address

10. Which imtoken wallet is the trc20 address

Hello Abstract! glad to be able toyou answer. TRC20-USDT is USDT issued by Tether based on the TRON network. The deposit address is the TRON address, and the deposit and withdrawal go through the TRON network. TRC20-USDT (USDT-TRON) uses the TRC20 protocol.

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