Cryptocurrency Q&A What is TRC20 in BTC?

What is TRC20 in BTC?

Raffaele Raffaele Thu Jan 02 2025 | 6 answers 1065
I've heard about TRC20-BTC and I'm wondering what it exactly is. I know it's related to the TRON blockchain and Bitcoin, but I need a clear explanation of how it works and what its uses are. What is TRC20 in BTC?

6 answers

GangnamGlamourQueen GangnamGlamourQueen Sat Jan 04 2025
Bitcoin TRC20, also known as BTCT, is a unique digital token.

Was this helpful?

185
66
JejuSunshineSoulMateWarmth JejuSunshineSoulMateWarmth Fri Jan 03 2025
It is fully backed by Bitcoin (BTC), ensuring its value is anchored to the original cryptocurrency.

Was this helpful?

111
43
Alessandra Alessandra Fri Jan 03 2025
Despite operating on the Tron blockchain, BTCT maintains the value and security associated with Bitcoin. This ensures that users can enjoy the benefits of Tron's technology while still benefiting from Bitcoin's stability and security.

Was this helpful?

214
43
Matteo Matteo Fri Jan 03 2025
The reserve addresses of BTCT are publicly available for auditing. This transparency adds a layer of trust and security for investors and users.

Was this helpful?

88
87
Valentino Valentino Fri Jan 03 2025
BTCT operates on the Tron blockchain. This integration allows it to leverage the high-speed transaction capabilities of Tron.

Was this helpful?

173
59
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts