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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Joeyp on June 06, 2023, 08:48:00 PM



Title: Tether USDT On TRON Network Transfers Is Not Cheap - Better Use TRON
Post by: Joeyp on June 06, 2023, 08:48:00 PM
Nowadays if you transfer Tether USDT on TRON network, it will cost you around 30 TRON ( 2.35$ ). It is not cheap, if you, for example, transfer less than 10.00 USDT. So just TRON transfers are more cheaper - free for up to 5 transfers per day.


Title: Re: Tether USDT On TRON Network Transfers Is Not Cheap - Better Use TRON
Post by: kizlod on June 07, 2023, 03:10:14 AM
Yeah, I've noticed that. Why is it that way exactly? Too bad, I need to use exactly USDT.


Title: Re: Tether USDT On TRON Network Transfers Is Not Cheap - Better Use TRON
Post by: terciduk123 on June 07, 2023, 03:42:49 AM
Nowadays if you transfer Tether USDT on TRON network, it will cost you around 30 TRON ( 2.35$ ). It is not cheap, if you, for example, transfer less than 10.00 USDT. So just TRON transfers are more cheaper - free for up to 5 transfers per day.
How is it possible? I rarely make transactions using the Tron network. However, if we do the USDT "Tether" withdrawal of the Tron network in the Binance Exchange, it costs only 1 USDT.


Title: Re: Tether USDT On TRON Network Transfers Is Not Cheap - Better Use TRON
Post by: libert19 on June 07, 2023, 04:23:26 AM
Nowadays if you transfer Tether USDT on TRON network, it will cost you around 30 TRON ( 2.35$ ). It is not cheap, if you, for example, transfer less than 10.00 USDT. So just TRON transfers are more cheaper - free for up to 5 transfers per day.
How is it possible? I rarely make transactions using the Tron network. However, if we do the USDT "Tether" withdrawal of the Tron network in the Binance Exchange, it costs only 1 USDT.

Binance must have lots of staked TRX to get free resources, so transfers are technically free for binance and even this 1 usdt will go into binance's pockets while if you directly transfer usdt and pay fee via TRX it will cost as op pointed out.


Title: Re: Tether USDT On TRON Network Transfers Is Not Cheap - Better Use TRON
Post by: Xal0lex on June 07, 2023, 02:32:08 PM
The commissions in the Tron network have become very high in the last 8 months. To reduce commissions or even remove them altogether, you need to buy a number of tron and put them in the staking. For this you will get energy and bandwidth. And if you have enough energy and bandwidth, then transaction fees can be removed altogether.


Title: Re: Tether USDT On TRON Network Transfers Is Not Cheap - Better Use TRON
Post by: mdzahed134 on June 07, 2023, 02:55:48 PM
Nowadays if you transfer Tether USDT on TRON network, it will cost you around 30 TRON ( 2.35$ ). It is not cheap, if you, for example, transfer less than 10.00 USDT. So just TRON transfers are more cheaper - free for up to 5 transfers per day.
Yeah, small investors will affect to increase such fees. It’s increased in the recent time? I didn’t noticed it. I'm using Binance exchange to transfer my Tether USDT in tron network here only 1$ USDT need to transfer it’s seems very low transaction fee i think.