How do I know if an address is ERC20 or TRC20? (2024)

FAQs

Is TRC20 same as ERC20? ›

TRC20-USDT refers to USDT issued on the TRON network, ERC20-USDT refers to USDT issued by Tether on the Ethereum network. The USDT issued on TRC20 and ERC20 are both identical, however fees to transfer this USDT can often be cheaper on the Tron network using TRC20.

To confirm if the USDT you hold is ERC-20, visit Etherscan and enter your USDT address. This will be able to tell you if your USDT is on the Ethereum blockchain.

hit ctrl+F or cmd+F and search for ERC. This will probably yield ERC20 and possibly other numbers corresponding to other types of tokens, which usually are a superset of ERC20.

A cryptocurrency address represents a destination in the blockchain. You can easily find your USDTRX wallet address in Freewallet. Click on the “Receive” button and choose Tether TRC20. There you'll find your wallet address and you'll be able to deposit funds on your balance.

USDT should only be deposited to your ERC-20, TRC-20 generated address. USDT deposits to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) or Tron (TRX) generated addresses will not be credited and cannot be recovered.

TRC20, also known as USDT-TRON, is Tether's USDT that is issued on the TRON network. It is a technical standard token, and It works based on TRON's network or blockchain, using TRON's address, which means that all transactions made with the TRC20 take place on the TRON network.

The USDT on Coinbase is an ERC20 token on the Ethereum blockchain. At this time, Coinbase does not support the Tron blockchain TRC USDT.

USDT is a stablecoin, backed by USD and pegged to an exchange rate of USD 1 per USDT; ERC20 is the type of Ethereum token protocol that is used for this payment method.

ERC20 tokens are a form of token that can be issued on Ethereum (and only Ethereum) that also represent a set of standards that cryptocurrencies can adhere to. The primary purpose of ERC20 tokens is to work with smart contracts and define a common list of rules that all tokens on the Ethereum blockchain abide by.

How do I know if my token is ERC20 or BEP20? ›

The primary difference between the three most popular token standards is that of the underlying network. While ERC20 tokens are based on the Ethereum blockchain, BEP20 tokens are built on BSC, and TRC20 tokens are based on the TRON blockchain.

If you open your Quidax app, you'll find that a lot of coins are BEP20 tokens, while some are also ERC20. The primary difference between both chains is in gas fees. When you make a transaction using an ERC20 token, you pay gas fees in Ethereum.

Tether USD (USDT) TRC20 tokens on TRON mainnet. The token is implemented as a TRC20 smart contract at address TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t with 6 number of decimals.

Litecoin TRC20 is not currently supported across Coinbase's vast ecosystem.

exchange in 3 easy steps

Enter the desired amount of Tether (ERC20) and write your wallet address to receive currency. Send Tether (ERC20) to the address from your order, after the required network confirmation, Tether (TRC20) will be sent instantly.

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'.

CoinZoom provides the best gateway in the world for USDT (TRC20). Exchange USDT (TRC20) to USDT (ERC20), or exchange USDT (ERC20) to USDT (TRC20) instantly for free.

USDT ERC-20 is a cryptocurrency issued by Tether on the Ethereum network. USDT ERC-20 complies with the ERC-20 standard, one of the oldest and most trusted standards for creating tokens.

To clarify things, ERC-20 means it is based on the Ethereum network, while TRC-20 means a token is based in the TRON ecosystem, running in the TRX network. So moving forward, we will refer to the network as TRX to avoid confusion.

Please note that Coinbase only supports ERC-20 USDT running on the Ethereum blockchain.”

Is Coinbase Tether TRC or ERC? ›

Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.

What assets are supported on Coinbase Wallet? Coinbase Wallet supports thousands of tokens, including all ERC-20 tokens and all tokens on EVM-compatible chains, such as Avalanche C-Chain and Polygon. This includes stablecoins (like USDC and DAI) on all of Coinbase Wallet's supported networks.

Tether (USDT) Shiba Inu (SHIB) Wrapped Bitcoin (WBTC) OmiseGO (OMG)

Shiba Inu's primary token is SHIB, an ERC-20 token with a fixed supply of one quadrillion tokens.

Typically, the ERC20 wallet address is an Ethereum address. More so, all Ethereum addresses are compatible with storing ERC20. Also, all Ethereum wallets are actually connected to the Ethereum blockchain. Therefore, the ERC20 address will mean an address in the Ethereum platform.

When you send ETH, USDT, or USDC from one wallet to another, you can check the status of the transaction through Etherscan for ETH and USDC, Ethereum-based Tether (ERC-20), and Tronscan for Tron-based USDT (TRC-20).

USDT is a cryptocurrency issued by Tether, that is compatible with the Binance Smart Chain (BEP20) Ethereum (ERC20) and Tron (TRC20) networks. However, the transaction fee on USDT (BEP20) is cheaper than USDT TRC20 and USDT (ERC20).

Tether (USDT) is a popular stablecoin that crypto enthusiasts have used for years to leverage their cryptocurrency trades. USDT is pegged to the U.S. dollar, and in theory it should be unaffected by the market volatility that can so dramatically impact the valuation of other cryptocurrencies, such as Bitcoin.

ERC20 tokens are Ethereum blockchain native tokens. Unlike tokens like Bitcoin or Litecoin, they do not have their own blockchain. They adhere to the ERC20 standard, hence the name. Because of this, these tokens are compatible with most Ethereum wallets (AlphaWallet included).

Is MetaMask an ERC20? ›

MetaMask is a cryptocurrency wallet but also a web browser extension (available in Chrome, Firefox and Brave) used to store, send and receive Ethereum and ERC20. In other words, it allows users to make Ethereum transactions through regular websites.

Your USDT balance stays the same. You will be able to recieve USDT BEP20 into your Quidax wallet. You will still be able to receive USDT ERC20 but you can only send it out as a BEP20 token.

Yes, of course you can send ETH BEP20 to an ERC20 address. But you can't send it straight to it because the BEP20 are native to BSC network, meanwhile ERC20 are native to the Ethereum mainnet. Can I send ERC-20 to BEP20? BEP-20 is a token standard on Binance Smart Chain (BSC).

To find the address of your smart chain in the trust wallet, all you have to do is search for the name of Smart Chain through the option to add tokens, so that if this token is disabled, we will activate it.

WHAT HAPPENS WHEN YOU SEND BEP20 TOKENS TO ERC20 ADDRESS? Because the Bep20 and Erc20 token standards are similar in code structure and function with only a few differences, coins sent interchangeably to them are not gone forever; they can still be retrieved.

The biggest advantage of choosing Tron over other network protocols is that it charges almost nothing for transferring your currency from one account to another. Transaction fees are so low that some exchanges charge (0.1 USDT for TRC-20 USDT withdrawals), on the other hand, (17 USDT for ERC-20 USDT withdrawals).

BEP20 tokens have a similar address format as Ethereum and share the same properties of the ERC20 standard, however, they are not the same. BEP20 tokens are on a separate network, which Coinbase currently does not support.

To clarify, you are unable to add the TRC20 version of USDT to your Metamask wallet, as Metamask does not support the Tron network.

Step 1: Click the search icon on the main screen. Step 2: Enter TRX, TRC20 token in the search bar. Step 3: Click the icon to copy the wallet address or get the QR address and send your assets to this address. You can send TRX, TRC20 tokens to the address copied in step 3.

Can I send TRC20 to Bitcoin wallet? ›

Enter the desired amount of Tether (TRC20) and write your wallet address to receive currency. Send Tether (TRC20) to the address from your order, after the required network confirmation, Bitcoin will be sent instantly.

You need to activate your Tron account before depositing TRC20 tokens. You first need to send at least 0.1 TRX to this address to enable TRC20 deposit.

People who do their transactions to pay for services typically pay in USDT TRC-20, but the downside is that since it's from a different network, you can't send this to an ERC-20 wallet (MetaMask is ERC-20). To be clear, you won't receive your TRC-20 token in MetaMask because that's impossible.

No, don't send USDT (ERC20) coin to USDT (TRC20) wallet address or vice-versa you will lose your funds forever.

USDT ERC-20 is a cryptocurrency issued by Tether on the Ethereum network. USDT ERC-20 complies with the ERC-20 standard, one of the oldest and most trusted standards for creating tokens.

While ERC20 tokens are based on the Ethereum blockchain, BEP20 tokens are built on BSC, and TRC20 tokens are based on the TRON blockchain.

Litecoin TRC20 is not currently supported across Coinbase's vast ecosystem.

The USDT on Coinbase is an ERC20 token on the Ethereum blockchain. At this time, Coinbase does not support the Tron blockchain TRC USDT.

Note: the deployed shielded TRC-20 contract address of ShieldedTRC20 on Nile Testnet is: TPcKtz5TRfP4xUZSos81RmXB9K2DBqj2iu and the corresponding scalingFactor is set 10.

How do I convert ERC20 to TRC20 on trust wallet? ›

Tether USD (USDT) TRC20 tokens on TRON mainnet. The token is implemented as a TRC20 smart contract at address TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t with 6 number of decimals.