MoonPay adds support for USDT (TRC-20) (2024)

2 minsPublished on 2/18/2022

Users can now buy USDT (TRC-20) via MoonPay instantly with a credit card.

By Corey Barchat

MoonPay adds support for USDT (TRC-20) (1)

We’re delighted to share that USDT (TRC-20) is now available to purchase for MoonPay customers.

Users can now buy USDT (TRC-20) directly via MoonPay with credit/debit cards including Visa and Mastercard, bank transfer, and many other payment methods.

What is USDT (TRC-20)?

USDT (TRC-20) is astablecoin issued by Tether that is native to the TRON blockchain. Tether (USDT) was first created in 2014, and aims to maintain a 1:1 exchange rate with the US Dollar through its reserves. Currently, USDT is the world’s most widely-used stablecoin with a market cap of over $78 billion.

MoonPay adds support for USDT (TRC-20) (2)

What’s the difference between USDT (TRC-20) and USDT (ERC-20)

Though they are both stablecoins tied to the US Dollar, the difference between USDT (TRC-20) and its Ethereum counterpart USDT (ERC-20) is that transactions on the TRON network are quicker and have significantly cheaper fees.

USDT (TRC-20) is compatible with the TRON blockchain and can be held in any wallet that supports TRON assets. It can also be used to participate in TRON DeFi protocols and Decentralised Applications (DApps).

Where to buy USDT (TRC-20)

You can buy USDT (TRC-20) now via MoonPay. Just use your credit card and enter the desired Solana wallet address to purchase.

TRON-based USDT is available to global MoonPay customers in all supported territories, excluding the United States.

MoonPay adds support for USDT (TRC-20) (3)

Written byCorey Barchat

MoonPay adds support for USDT (TRC-20) (2024)

FAQs

What does USDT TRC-20 mean? ›

What is Tether TRC-20? TRC-20 is Tether's USDT issued on the TRON network. It is a technical standard token that works based on TRON's network or blockchain, using TRON's address, which means that all transactions made with the TRC-20 happen on the TRON network.

How do I accept TRC-20 USDT? ›

Deposit & Withdrawing Tether USDT (TRC20)
  1. Login into your CoinZoom account at trade.coinzoom.com. ...
  2. Click on the Portfolio tab.
  3. Scroll down to the Tether USDT wallet and click “Receive”.
  4. Click on the USDT Network that you are going to be receiving from, either TRON or Ethereum.

How do I get my TRC-20 USDT address? ›

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.

How do I buy USDT TRC20 with MoonPay? ›

You can buy USDT (TRC-20) now via MoonPay. Just use your credit card and enter the desired Solana wallet address to purchase. TRON-based USDT is available to global MoonPay customers in all supported territories, excluding the United States.

How much is 1 USDT TRC in dollars? ›

USDT to USD
AmountToday at 8:56 am
1 USDT$1.00
5 USDT$5.00
10 USDT$10.00
50 USDT$50.00
4 more rows

How to convert USDT TRC20 to USD? ›

How to swap USDT to USDC
  1. Choose the exchange pair: Tether USD (TRON) vs USD Coin (Ethereum), in this case.
  2. Enter the address of the recipient to process the Tether USD (TRON) - USD Coin (Ethereum) transaction.
  3. Check the rate: how many USDT in USD Coin (Ethereum) you'll receive.

Does Coinbase accept TRC20 USDT? ›

Bitcoin TRC20 is not supported by Coinbase.

Which wallet is best for TRC20? ›

Keep all your TRC20 Tokens safe with D'CENT Cold Wallet. for accessing Dapps on the TRON network. Try it today by downloading our "FREE to Use" D'CENT Mobile App. Available for iOS and Android.

How do I transfer my TRC20 to my bank account? ›

Withdrawal with Tether (TRON USDT TRC20)
  1. Select Tether (TRON USDT TRC20) in the Withdrawal section of your Personal Area.
  2. Choose the trading account you wish to withdraw from and the amount in USD, as well as your private wallet address; take care to provide this exact or funds may be lost and irrecoverable.
Mar 16, 2023

What exchanges support TRC20? ›

The exchanges that currently support TRC20-USDT include Binance, XREX, OKEX, KuCoin, Bitfinex, Poloniex, Bithumb, DragonEx, Gate.io, ZB.com, Bigone and TRXMarket. You can now enjoy better fees when you withdraw USDT from XREX with the support of TRC20-USDT, and the deposit fee is still free.

Can I use MoonPay in USA? ›

Cards only: In the U.S., you can use MoonPay only with a credit or debit card (or a card linked to Apple Pay or Google Pay).

Can I buy USDT from MoonPay? ›

Buying USDT (Tether) with MoonPay is a fast and easy way to gain exposure to the US dollar via crypto.

What wallets accept USDT TRC20? ›

Popular Tether USDT TRC20 Wallet
  • OmniWallet. Tether (USDT) exists on the Bitcoin blockchain through a protocol called Omni. ...
  • Tether Wallet. Tether Wallet is a wallet designed to store USDT on cryptocurrency exchanges. ...
  • Trust Wallet. ...
  • MetaMask.
Nov 24, 2022

How do I cash out my USDT TRC? ›

On the mobile app, choose the receiving wallet and network after selecting the amount to send. The last step is to confirm your withdrawal. On the mobile app, you can choose to take the fee out of your Zoom tokens or from your remaining USDT balance. Confirm the send in the web app.

Can I sell USDT TRC20? ›

How to Sell Tether TRC20 on Symlix marketplace. Symlix is a peer-to-peer marketplace where users buy, sell and exchange cryptocurrencies. The platform offers secure Tether TRC20 trades and live chat for users to communicate with each other.

How much is $100 USD in USDT? ›

The conversion value for 100 USD to 99.901 USDT.

How do I cash my TRC20? ›

How to Withdraw USDT TRC-20 From BitMEX
  1. Head over to your Wallet and click the 'Withdraw' button.
  2. Select 'USDT' under 'Currency', then select 'TRON' under 'Network'.
  3. Enter or select a TRON USDT wallet address as the withdrawal destination. ...
  4. Review your withdrawal details, and then tap 'Continue'.
Sep 2, 2022

How much is the USDT TRC20 fee? ›

The exchange has increased the transaction fee for USDT (TRC20) from $1 to $2.6 per transaction, which many consider to be a significant hike. While this fee increase may be inconvenient for some users, it is important to remember that #Binance is dedicated to providing a secure and reliable platform for its users.

Can I deposit USDT with TRC20? ›

Important Notes:

The maximum deposit amount is 50,000 USD. You may make another transaction if you wish to deposit higher than this. Deposit only USDT through ERC20 or TRC20. DO NOT deposit any other currency or blockchain, as the transaction will result in a loss of funds.

How long does TRC20 USDT withdrawal take? ›

TRC20 USDT Withdrawal usually takes time less than 5 minutes. Every withdrawal processing time is depend on the blockchain confirmation. If the network is smooth , the confirmation will be faster , thus the deposit/withdrawal will be credited faster.

What is the address of the USDT TRC20 contract for trust wallet? ›

The token is implemented as a TRC20 smart contract at address TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t with 6 number of decimals.

How do I cash out my TRON Trust Wallet? ›

While you can't withdraw money to your bank account in Trust Wallet, you can send the tokens to a centralized exchange and sell it there. Once you exchange your tokens for your local currency, you can withdraw the funds to your bank account.

Can I send USDT TRC20 to trust wallet? ›

Exchange in 3 steps

Send Tether (TRC20) to the address from your order, after the required network confirmation, Trust Wallet Token (BEP2) will be sent instantly.

What is the difference between USDT and USDT TRC20? ›

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

Where do I swap TRC20 tokens? ›

Yes, it is possible to swap between TRC20 and BEP20 tokens with Allbridge Core. By accessing this link, you can initiate a cross-chain swap from USDT TRC20 to BEP20. In addition to Tron and BNB Chain, Allbridge Core also features the native stablecoin swaps between Ethereum and Solana.

What US states support MoonPay? ›

MoonPay USA LLC is licensed in the following US jurisdictions
JurisdictionLicense
KansasMoney Transmitter License - MT.0000197
KentuckyMoney Transmitter License - SC751328
LouisianaSale of Checks and Money Transmitters
MaineMoney Transmitter License
38 more rows

How do I set up MoonPay in the US? ›

MoonPay users can now sign in using Google
  1. Select your desired cryptocurrency on MoonPay.
  2. Click to sign in with Google.
  3. Choose your Google account.
  4. Enter your wallet address and payment information.
  5. Receive your crypto!
Sep 14, 2022

What states don t allow MoonPay? ›

Anyone with a supported card can use MoonPay services except for residents in the following countries: Afghanistan. Albania. Anguilla.
...
Please see the list of the unsupported states below:
  • Louisiana.
  • New York.
  • Texas*
  • US Virgin Islands.
Apr 14, 2023

How to buy USDT in USA? ›

Create a free account on the Binance website or the app.
  1. Create a free account on the Binance website or the app. Your Binance account acts as a gateway into buying crypto. ...
  2. Choose how you want to buy the Tether (USDT) asset. ...
  3. Check the payment details and fees. ...
  4. Store or use your Tether (USDT) in Binance.

Why can't i buy crypto with MoonPay? ›

Ensure you've correctly completed the identity and document verification process. Please refer to the identity verification FAQ page. Try again with a different card (Visa or Mastercard), issued by a different bank. Try again using a different payment processor.

How to buy USDT without verification? ›

On Changelly, you can purchase USDT and over 500 cryptocurrencies anonymously. This means that our platform requires no registration and no verification for crypto purchases so that you can buy USDT crypto securely, without being tracked.

How do I know if my USDT is ERC20 or TRC20? ›

An ERC20 Address only starts with '0' and 'x'. For example: 0xbc6e. A TRC20 Address only begins with a capital 'T'. For example: T9zG21.

How long does USDT TRC 20 transfer take? ›

How to deposit and withdraw with Tether (TRON USDT TRC-20)
Minimum depositUSD 10
Minimum withdrawalUSD 10
Maximum withdrawalUSD 10 000 000
Deposit processing timeAverage: Instant* Maximum: up to 1 day
Withdrawal processing timeAverage: Instant* Maximum: up to 1 day
3 more rows
Mar 16, 2023

What is the difference between TRC and TRC20? ›

Like Ethereum has ERC20 tokens, TRON has TRC10 and TRC20 tokens. TRC10 is a technical token standard, and TRC20 is a technical standard used for smart contracts on the TRON blockchain.

Is USDT TRC 20 on Coinbase? ›

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

Is TRC 20 on trust wallet? ›

Guys can someone ask answer this please, im about to received jfi its in trx ecosystem, can i used trust wallet trx to received this jfi? Haven't heard of the token jfi…but, yes, Trust wallet supports TRC-20 tokens.

Which wallet is best for trc20? ›

Keep all your TRC20 Tokens safe with D'CENT Cold Wallet. for accessing Dapps on the TRON network. Try it today by downloading our "FREE to Use" D'CENT Mobile App. Available for iOS and Android.

Who accepts TRC20? ›

The exchanges that currently support TRC20-USDT include Binance, XREX, OKEX, KuCoin, Bitfinex, Poloniex, Bithumb, DragonEx, Gate.io, ZB.com, Bigone and TRXMarket. You can now enjoy better fees when you withdraw USDT from XREX with the support of TRC20-USDT, and the deposit fee is still free.

Can TRC20 be traced? ›

How to track USDT TRC20 transactions? It is possible to track USDT funds on blockchain explorers like Etherscan for USDT ERC20, Tronscan for USDT TRC20, and Solscan. In addition, blockchain analytics tools like Scorechains also help compliance teams track USDT against money laundering and terrorism financing risks.

Which is the real USDT in Trust Wallet? ›

Tether USD (USDT) is a price-stable digital currency that has its value pegged to the US dollar. USDT is primarily used as trading capital and as a settlement layer in the global crypto markets. Additionally, USDT serves as an online payment rail for digital US dollar payments and cross-border transactions.

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