Exchange USDT TRC20 to USDT ERC20
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USDT-TRC20 to USDT-ERC20
USDT is one of the most popular stablecoins. It is issued by Tether Limited and is supported by several blockchains, with Ethereum and Tron being the most popular. For those looking to swap TRC20 USDT to ERC20, LetsExchange offers a cross-chain swap feature in a safe environment with the lowest fees.
Brief Information on USDT (TRC-20)
USDT TRC20 is a version of USDT that runs on the Tron blockchain and utilizes this blockchain’s standard TRC20.
Brief Information on USDT (ERC-20)
USDT ERC20 is another version of USDT. It utilizes the ERC20 standard and runs on the Ethereum blockchain.
Difference Between TRC-20 and ERC-20
Even though both USDT TRC20 and USDT ERC20 are stablecoins issued by Tether, they are not the same. The features of each coin are determined by the blockchain it runs on.
Advantages of ERC-20 over TRC-20
USDT ERC20 runs on the Ethereum blockchain, and this blockchain determines its features. Even though the Ethereum network is known for slow transaction processing speed and constant bottlenecks, it delivers its users significant benefits that cannot be overlooked.
Better for Commercial Purposes and Investing
Any ERC20 token is automatically compatible with all dApps and smart-contract functionalities developed on Ethereum. This is why these tokens, including USDT ERC20, are more suitable for investing in cryptocurrency projects and are frequently used for commercial purposes.
Easier Crypto Processing
ERC20 tokens can be swapped without applying cross-chain bridges. For example, you can exchange tokens of one decentralized application for the tokens of a game that runs on the Ethereum blockchain within one transaction.
Better Interoperability
All ERC20 tokens are automatically compatible and can be integrated into any dApps and smart contracts on the Ethereum blockchain. This is why this token standard is especially popular among developers.
How to Convert USDT TRC20 to ERC20?
To convert USDT TRC20 to USDT ERC20 on LetsExchange, follow the instructions:
- In the exchange widget, in the You Send field, choose USDT TRC20 and type in the number of coins you want to swap.
- In the You Get field, choose USDT ERC20. The amount to receive will be calculated automatically. It will be slightly lower than the amount to send because fees will be subtracted.
- Provide the receiving wallet address. Note, please, that it must differ from which you send USDT TRC20. These coins run on different blockchains, and their addresses are different.
- Make the required deposit to the address provided by the platform.
- Wait till LetsExchange processes the transaction and sends the swapped coins to your wallet.
USDT-TRC20 to ERC20 Exchange Rate
Both coins are stablecoins with their value pegged to USD. Thus, you always convert TRC20 USDT to ERC20 at the rate of 1:1. Don’t forget, though, that you pay a fee for a conversion each time. This is why the sum to receive will always be slightly lower than the sum you are sending.
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