I'm quite new to the world of cryptocurrencies and I've recently acquired some USDT. However, I'm not sure if it's the ERC-20 version or not. Could you please explain to me how I can determine this? I've heard that ERC-20 tokens are compatible with a wide range of wallets and exchanges, so it's important for me to know which type I have. Could you guide me through the steps to verify the type of my USDT? Also, are there any specific features or benefits that I should be aware of with ERC-20 USDT? Thank you for your help in navigating this sometimes confusing world of crypto.
6 answers
CryptoChampion
Wed May 15 2024
To determine whether your USDT is TRC20 or ERC20, inspect the token contract address.
SumoStrength
Tue May 14 2024
The token address distinguishes these two versions of USDT.
noah_smith_researcher
Tue May 14 2024
Among its offerings are spot trading, futures trading, and wallet management.
CryptoWanderer
Tue May 14 2024
ERC20 USDT holds an address commencing with 0x, consistent with all Ethereum-based tokens.
amelia_doe_explorer
Tue May 14 2024
In contrast, TRC20 USDT exhibits an address commencing with 'T'.