The difference between TRC-20 Tether (USDT) and ERC-20 USDT

_canvas

Before going further with this post, I was motivated to write based on the mistake a friend of mine made earlier this week, which I wouldn't like you to make the same mistake as my friend who sent $20 worth of ERC-20 USDT to TRC-20 USDT address.

On exchanges like Binance and Mexc, you will see that if you want to deposit or receive Tether (USDT) you will be provided with different network options just as it is shown in the two screenshot images below.

Binance	Mexc

As a crypto trader or investor understanding the network of a cryptocurrency will help you avoid losses when sending or receiving cryptocurrency. Tether (USDT) is the most well-known Stablecoin with a larger market capitalization in the crypto industry and most people still make mistakes when they send or receive Tether USDT.

_{canvas design}

Tether (USDT) has different blockchain networks of which TRC20 and ERC20 are the most popular and confusing to people since they are both shared (RC20). Well, both are USDT of different networks which you have to be aware of when you are to send or receive Tether (USDT) the network you are to receive or send Tether USDT.

---

Tether (USDT) TRC-20

_Canvas

Tether TRC-20 is the type of USDT that is issued on the TRON network. The TRC-20 simply tells that the USDT Is created on the TRON blockchain using the address of TRON. In this case whatever transaction that you do using the Tether TRC-20 network will be recorded on the TRON network, which exchanges to recommend both parties to make use of the same network to avoid losses of funds.

---

Tether (USDT) ERC-20

_canvas

This type of USDT is issued on the Ethereum network which is why it's indicated as ERC-20 to whom it is created on Ethereum networks. Basically, in exchange for Metamask, you can't swap ERC-20 USDT for TRC-20 USDT because both networks are different. ERC-20 is compatible with whatever tokens are created the in Ethereum blockchain and not another blockchain.

---

Difference Between TRC-20 and ERC-20 Tether USDT Network

At this point will be looking at the key difference between both networks in tabular form.

Key Difference	TRC-20	ERC-20
Adress Pattern	In TRC-20, the tokens are addressed using a Tron address the high begins with T9 which you can see my token address of BINANCE TRC-20 TMaraLKL-----	As for ERC-20, its address is identified by Ethereum networks which begin with 0x... which you can see that of my Binance address 0x6012-----
Network	TRC-20 tokens are created (built) on the TRON blockchain which is why the network is TRC-20	ERC-20 tokens are created (built) on the Ethereum blockchain which is why the network is ERC-20
Transaction Speed	TRC-20 is faster as Tron network speed is per second	ERC-20 doesn't have transaction speed like TRC-20
Transcription Fees	TRC-20 has lower transaction fees as the transaction fee from the network is cheaper than other blockchain networks.	ERC-20, has higher transaction fees as Ethereum networks have high transaction fees

---

Conclusion

_{When it comes to receiving Tether USDT into your wallet such as MEXC, BINANCE, and so on, you should ask the sender what network he or she is sending from so you can send that same network to the sender to avoid a story that touches the heart.}