Exchange in 3 steps
- Enter the desired amount of Tether (ERC20) and write your wallet address to receive currency.
- Click the "Exchange now" button and you will be taken inside your order.
- Send Tether (ERC20) to the address from your order, after the required network confirmation, Tether (TRC20) will be sent instantly.
What do you need to know?
Only 4 confirmations of the USDT are needed to complete the exchange
Do not send USDT through a third party contract! Such transactions are not automatically processed. We accept transactions from the original USDT contract
Please send the transaction only on the Ethereum network. If the coins are sent on another network, the order will not be completed automatically
Brief Information on USDT (ERC-20)
Tether (USDT) was created by Tether Limited in 2014. The developers were able to qualitatively implement a curious idea — to combine a real-life currency and blockchain technology. As a result, the USDT stablecoin appeared — its rate is almost always equal to 1 US dollar.
In 2018, USDT was released on the Ethereum blockchain using the ERC-20 protocol. This made Tether compatible with decentralized apps, dramatically increased transaction speed, and dramatically reduced fees. At this time, Tether on the ETH blockchain is the most popular among users.
USDT smart contract
Do not submit USDT through a third party contract. Our exchanger does not accept transactions that are sent by third party smart contracts, except for the original USDT contract.
Network fee
To work with tokens, the wallet must have ETH. It is very difficult to calculate the exact amount of ETH to send a transaction. During periods of high load, it can change significantly. Each token can have a different transaction value. Therefore, it is better that the amount of ETH on the wallet is slightly higher than the average fee on the network at the moment. The average commission can be estimated using the Blockchair analytical service.
The system does not see the transaction, what should I do?
If you have sent funds, but there are no changes, check your transaction in an explorer (etherscan.io or blockchair.com) and make sure that the transaction was created.
If the transaction has already been added to the blockchain, and the system has not seen it, contact technical support, we will be able to help you promptly.
Brief Information on USDT (TRC-20)
Tether (USDT) was created by Tether Limited in 2014. The developers were able to qualitatively implement a curious idea — to combine a real-life currency and blockchain technology. As a result, the USDT stablecoin appeared — its rate is almost always equal to 1 US dollar. In 2019, USDT was released on the TRON blockchain using the TRC-20 protocol.
USDT smart contract
Our exchanger only sends transactions to the original USDT contractin the network TRX. Transactions are not sent to addresses of third-party contracts.
Transaction processing speed in the TRON blockchain
The network is capable of processing about 1 500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm a transaction.
FAQs
Swapping USDT ERC20 to USDT TRC20 typically involves a bridge. Thus, high fees may be charged for exchanging even a tiny sum. This is why we recommend using LetsExchange when you are going to convert USDT ERC20 to USDT TRC20. On our platform, you can perform cross-chain swaps rapidly and without excessive fees.
Is TRC-20 same as ERC20? ›
ERC-20 and TRC-20 are standards for tokens on different blockchain platforms. ERC-20 is a standard for tokens on the Ethereum blockchain, while TRC-20 is a standard for tokens on the TRON blockchain.
How to swap USDT ERC20 to BTC on Trust Wallet? ›
How Does Swapping Tokens in Trust Wallet Work?
- Select “Swap” from the home screen.
- Search for the asset you want to swap from, and swap to. Then choose the amount.
- Select “Preview Swap” and review the details.
- Then confirm your swap.
The exchange will make it clear what type of chain they are using; however, one easy way to differentiate between these two is by the way the address is structured. An ERC20 Address only starts with '0' and 'x'. For example: 0xbc6e. A TRC20 Address only begins with a capital 'T'.
Is USDT ERC20 the same as USDT TRC20? ›
USDT-ERC20 vs. USDT-TRC20. Simply put, these are both the same exact token, only issued on different blockchains by Tether. Their characteristics mostly match, and their prices are equal all the time.
How do I transfer USDT ERC20 to another wallet? ›
Click/tap the 'Withdraw' icon. Enter the recipient's wallet address and continue. Enter the amount of USDT that you'd like to send. Confirm the transfer with your passcode.
Which is better, TRC or ERC? ›
TRC20 vs ERC20 are important in crypto. They are used on Tron and Ethereum networks. TRC-20 has lower fees and quicker transactions. ERC-20 is more widely used and has better security because of Ethereum's network.
Is USDT ERC20 or TRC 20 on Coinbase? ›
This is because Coinbase only supports the ERC20 version of USDT, not the TRC20 version. TRC20 is a token standard on the TRON blockchain, while ERC20 is a token standard on the Ethereum blockchain.
What wallet is TRC 20 compatible with? ›
There are several wallets that are compatible with TRC20 tokens like USDT. Some popular options include Trust Wallet, TronLink, and Ledger Wallet. These wallets allow you to securely store, send, and receive TRC20 tokens on the TRON blockchain, including USDT.
How to convert ERC20 to USDT? ›
Exchange in 3 steps
- Enter the desired amount of Tether (ERC20) and write your wallet address to receive currency.
- Click the "Exchange now" button and you will be taken inside your order.
- Send Tether (ERC20) to the address from your order, after the required network confirmation, Tether (TRC20) will be sent instantly.
To swap USDT TRC20 to USDT ERC20 on Trust Wallet, you'll need to use a decentralized exchange (DEX) that supports both networks, such as a multi-chain DEX.
Can I use ERC20 to transfer USDT? ›
USDT is a cryptocurrency issued by Tether, that is compatible with the Ethereum/ERC20 and Tron/TRC20 networks.
How much is ERC20 worth? ›
ERC20 to USD
| Amount | Today at 9:14 pm |
|---|
| 1 ERC20 | $0.0096 |
| 5 ERC20 | $0.0480 |
| 10 ERC20 | $0.0959 |
| 50 ERC20 | $0.4795 |
4 more rowsTRC20 is USDT on TRON. It's also the technical template for creating tokens on the network. TRC20 USDT is arguably the most popular USDT network, with Ethereum's ERC20 also hogging the spotlight. Most merchants who trade frequently favour the TRC20 because of its network's impressive transaction speed and low fees.
What is the cheapest network for USDT? ›
And Polygon is the cheapest network to transfer USDT.
Can I transfer USDT to TRC20? ›
In this new update, you can select to deposit USDT through TRC20 or ERC20 on the top of the XREX app. After selecting TRC20 or ERC20, you can copy the USDT address, or scan the QR code to deposit USDT to your XREX wallet.
Can I swap Ethereum for USDT? ›
Safely exchange ETH to USDT through Ledger
In the Ledger Live app Swap tab, select your Ethereum assets and the accounts of origin and destination. Enter the amount of ETH you want to exchange to USDT and check the convert rate. To exchange with ParaSwap, go in the Discover tab and select 'ParaSwap'.
Can I transfer USDT with ERC20? ›
USDT is available on various blockchains. The most common standards are USDT-ERC20 and USDT-TRC20. USDT with the ERC20 standard is a token issued by the Ethereum blockchain. To send USDT-ERC20, kindly ensure that you already prepared ETH ERC20 to pay for the gas fee.
