What is fee TRC20 vs ERC-20?

One of the key advantages of using TRC20 tokens over ERC20 tokens lies in their transaction costs. Specifically, TRC20 transactions incur significantly lower gas fees compared to ERC20, making them a more cost-effective option for users.

Apart from facilitating token transactions, BTCC also offers a range of other services, including spot trading, futures trading, and cryptocurrency wallet services. These services are designed to empower traders with the tools and resources they need to navigate the volatile cryptocurrency markets effectively.

The reason behind this difference stems from the inherent differences in the transaction fees charged by the respective blockchains. Tron, the blockchain on which TRC20 tokens are based, boasts much lower transaction fees than Ethereum, the platform for ERC20 tokens.

This cost advantage has prompted many traders to strategically shift their USDT holdings from Ethereum to Tron when executing transactions. By doing so, traders can save on transaction fees, allowing them to allocate more funds towards their trading activities.

As a leading cryptocurrency exchange, BTCC offers a comprehensive suite of services to cater to the diverse needs of its users. Among these services, BTCC supports both TRC20 and ERC20 tokens, providing traders with the flexibility to choose the most cost-effective option for their transactions.