Cryptocurrency Q&A What will happen if I send USDT ERC20 coins to a USDT TRC20 address?

What will happen if I send USDT ERC20 coins to a USDT TRC20 address?

charlotte_anderson_explorer charlotte_anderson_explorer Tue Nov 05 2024 | 5 answers 1046
I'm wondering about the consequences of sending USDT ERC20 coins to a USDT TRC20 address. Will the transaction go through? Will I lose my coins? What will happen if I send USDT ERC20 coins to a USDT TRC20 address?

5 answers

DigitalBaron DigitalBaron Thu Nov 07 2024
USDT ERC-20 tokens are compliant with the ERC-20 standard and utilize the Ethereum blockchain.

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SkyWalkerEcho SkyWalkerEcho Thu Nov 07 2024
It's crucial to understand the distinction between USDT ERC-20 and USDT-TRC 21.

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Federico Federico Thu Nov 07 2024
Meanwhile, USDT-TRC 20 tokens adhere to the TRC-20 standard and are based on the TRON blockchain.

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Isabella Isabella Thu Nov 07 2024
Sending your USDT ERC-20 tokens to a USDT-TRC 20 deposit address will result in the transaction failing.

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GeishaMelody GeishaMelody Thu Nov 07 2024
The reason for this is that both token standards operate on separate blockchain networks.

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