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.
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 canbuy USDT (TRC-20) nowvia 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.
As an expert in the field of cryptocurrency and blockchain technology, I can confidently discuss the content of the provided article, demonstrating a comprehensive understanding of the concepts involved.
The article revolves around the announcement that users can now purchase USDT (TRC-20) through MoonPay using a credit card. Let's break down the key concepts mentioned in the article:
USDT (TRC-20):
Definition: USDT (TRC-20) is a stablecoin issued by Tether and is native to the TRON blockchain.
Function: It aims to maintain a 1:1 exchange rate with the US Dollar through its reserves.
Background: Tether (USDT) was created in 2014 and is currently the world's most widely-used stablecoin with a market cap exceeding $78 billion.
Difference between USDT (TRC-20) and USDT (ERC-20):
Stablecoins Tied to USD: Both USDT (TRC-20) and USDT (ERC-20) are stablecoins tied to the US Dollar.
Different Blockchains: USDT (TRC-20) operates on the TRON blockchain, while USDT (ERC-20) is on the Ethereum blockchain.
Transaction Speed and Fees: The article highlights that transactions on the TRON network (USDT TRC-20) are quicker and have significantly cheaper fees compared to transactions on the Ethereum network (USDT ERC-20).
Compatibility and Usage of USDT (TRC-20):
TRON Blockchain Compatibility: USDT (TRC-20) is compatible with the TRON blockchain.
Wallet Support: It can be held in any wallet that supports TRON assets.
Use in TRON Ecosystem: USDT (TRC-20) can be used to participate in TRON DeFi protocols and Decentralized Applications (DApps).
Where to Buy USDT (TRC-20):
MoonPay Integration: Users can purchase USDT (TRC-20) through MoonPay using various payment methods, including credit/debit cards.
Global Availability: TRON-based USDT is available to MoonPay customers globally in supported territories, excluding the United States.
In summary, the article introduces a new avenue for purchasing USDT (TRC-20) through MoonPay, emphasizing the benefits of the TRON network in terms of transaction speed and fees compared to its Ethereum counterpart. The information is crucial for individuals interested in the cryptocurrency space, especially those looking to engage with TRON-based assets and explore the decentralized finance (DeFi) ecosystem.
A USDT TRC20 is a crypto wallet that uses the TRON network to store private keys and allow transactions. It utilizes USDT, a stablecoin pegged at 1:1 with the US Dollar, to facilitate cryptocurrency exchanges. TRON is a rapid-growing open-source blockchain network that's been gaining popularity as of late.
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.
1. Download and Install the USDT TRC20 Wallet – Go to the appropriate app store or the wallet provider's website to download and install the wallet application on your device. 2. Set Up Your Wallet – Open the USDT TRC20 wallet app and follow the setup instructions.
TRC20 tokens, like USDT (Tether) on the TRON blockchain, are generally considered safe to use, as long as you transact with reputable exchanges or wallets that support them securely.
The transaction fee for withdrawing TRC20 USDT on Binance is 0.2 USDT ¹. It is important to note that cryptocurrency trading is subject to high market risk and Binance will not be responsible for your trading losses ¹.
The live Tether USD (TRC-20) price today is 1 USD Tether USD (TRC-20) is up 0% in the last 24 hours which is 0 USD with 1.00 USD ️low and 1.00 USD high.
If you want to withdraw the USDT TRC20 to your bank account, you need to first swap the token for Bitcoin or Ethereum in your Trust Wallet account.Then, you must send the Bitcoin or Ethereum to a popular exchange that allows you to cash out your cryptocurrencies.
To withdraw USDT to a bank account, you can transfer your USDT to an exchange that supports the withdrawal of USDT to a bank account. Then, you can initiate a withdrawal request and provide the necessary information, such as the bank account number, name, etc. The withdrawal process may take a few days to complete.
1. Use the TRON Blockchain Browser: Open a TRON Blockchain Browser, such as TRONScan or TRON Grid, which provide information about transactions and addresses on the TRON network. 2. Search for the first address: Search for and find the first USDT TRC20 address on the blockchain browser.
Most crypto exchanges, like Binance, Bitfinex, Kucoin, etc., support the token. Crypto traders can swap it with other tokens and vice versa. The same goes for wallets. The TRC20 is compatible with many crypto wallets like Trust and Ledger wallets.
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.
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. Depositing cryptocurrencies, including USDT, are free with XREX.
MoonPay offers a wide range of payment methods around the world. Those include credit and debit cards, bank transfers, mobile options like Apple Pay and Google Pay.
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