I'm hearing some chatter about TRC20 and USDT, and I'm not entirely sure what the relationship between them is. Could you clarify for me if TRC20 and USDT are essentially the same thing? I've seen them mentioned in the same breath in some crypto discussions, but I'm not sure if that's just because they're both tokens or if there's a deeper connection. Could you explain the difference, if any, between these two? And if they're not the same, how do they differ in terms of their functionality, usage, or value? I'm really trying to wrap my head around this crypto world, and your expertise would be invaluable in helping me understand.
7 answers
Claudio
Wed May 15 2024
TRC20 is a token that operates on the TRON network or blockchain.
noah_doe_writer
Wed May 15 2024
Depositing and withdrawing Tether USDT (TRC20) involves technical standards.
Valentina
Tue May 14 2024
BTCC offers a range of services, including spot trading.
KatanaSword
Tue May 14 2024
Additionally, BTCC provides futures trading and wallet services.
RainbowlitDelight
Tue May 14 2024
Transactions made using TRC20 occur exclusively on the TRON network.