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.
How to deposit Tether USDT TRC20 to your CoinZoom account (using the desktop web app)
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.
Step 1
Login into your CoinZoom account attrade.coinzoom.com.
Step 2
Click on the Portfolio tab
Step 3
Scroll down to the Tether USDT wallet and click “Receive”.
Step 4
Click on the USDT Network that you are going to be receiving from, either TRON or Ethereum.
Step 5
Based on chosen network, of either TRON or Ethereum, your wallet Receive address will appear here. Simply copy your Receive address into the wallet from which you’re sending USDT.
How to withdraw Tether USDT TRC20 to your external USDT TRC20 wallet (using the desktop web app)
Step 1
Click on the Portfolio tab.
Step 2
Scroll down to the Tether USDT wallet and click “Send”. Next, you will whitelist your send address by clicking “add address”.
Step 3
On this screen you can whitelist a ZoomMe handle or whitelist an external network, choosing either TRON or Ethereum.
Step 4
Here’s an example of whitelisting an external USDT TRON address.
Step 5
Paste your external TRON address in the box below TRON and click “Submit”. Now your external TRON address will be whitelisted and available to use. The same is true for whitelisting a USDT Ethereum address.
FAQ's
CoinZoom does not charge any fees for converting USDT (ERC20) to USDT (TRC20), or for converting USDT (TRC20) to USDT (ERC20). The conversion is done instantly at a 1:1 exchange.
No. There’s only 1 USDT wallet. In this wallet, you can receive both USDT (ERC20) and USDT (TRC20). When you want to send USDT from your wallet, you can simply choose which network you want to send it on, either ERC20 or TRC20.
As a seasoned blockchain and cryptocurrency enthusiast with a deep understanding of the intricate workings of various blockchain networks, including TRON, I can confidently delve into the concepts mentioned in the provided article.
Firstly, the article discusses TRC20, also known as USDT-TRON, which is a token issued by Tether on the TRON network. TRC20 is a technical standard token that operates on the TRON blockchain. The TRC20 token standard is similar to Ethereum's ERC-20 standard, but it is specifically designed for the TRON network.
Now, let's break down the steps outlined in the article for depositing and withdrawing Tether USDT TRC20 on the CoinZoom platform:
Depositing Tether USDT TRC20 to CoinZoom Account:
- Login into CoinZoom Account: Users need to access their CoinZoom accounts at trade.coinzoom.com.
- Portfolio Tab: Click on the "Portfolio" tab to access your portfolio details.
- Select Tether USDT Wallet: Scroll down to the Tether USDT wallet and click "Receive."
- Choose Network: Depending on the source network (either TRON or Ethereum), select the appropriate network.
- Copy Receive Address: Copy the receive address provided for the chosen network and use it to send USDT from your wallet.
Withdrawing Tether USDT TRC20 from CoinZoom Account:
- Portfolio Tab: Click on the "Portfolio" tab.
- Select Tether USDT Wallet: Scroll down to the Tether USDT wallet and click "Send."
- Whitelist Address: Whitelist your send address by clicking "add address."
- Choose Network: Choose the external network (either TRON or Ethereum) for whitelisting.
- Paste External Address: Paste your external TRON or Ethereum address and click "Submit."
FAQs:
- Conversion Fees: CoinZoom does not charge any fees for converting USDT (ERC20) to USDT (TRC20) or vice versa. The conversion is done instantly at a 1:1 exchange rate.
- Wallets: There is a single USDT wallet on CoinZoom that can receive both USDT (ERC20) and USDT (TRC20). When sending USDT from the wallet, users can choose the network (ERC20 or TRC20) for the transaction.
In summary, the article provides a comprehensive guide on depositing and withdrawing Tether USDT TRC20 on the CoinZoom platform, emphasizing the platform's flexibility in handling both TRON and Ethereum networks within a unified USDT wallet. The absence of conversion fees adds to the appeal for users looking to seamlessly transition between different blockchain networks.
