My Little Experience with USDT - TRC20

[Bitstar_coin]

Hello Guys, today i made a little withdrawal from my Houbi account to my Binance account using usdt trc20,  actually this is my first time withdrawing usdt using trc20, when i input the amount i wanted to withdraw, i noticed there was no transaction fee quote below in the withdrawal page, and i thought it was a glitch, so i hard to redo it and it was same as earlier so i just went ahead to complete the rest of the withdrawal process, then after confirmation my withdraw went through and same amount ($150) i withdraw from houbi appear in my binance wallet without any transaction fees,  
i was surprise to be honest and equally happy
thanks to eth high transaction fee that made me discover this,

Do share your thoughts and opinion or experience too.

[bitkanu]

I have been using the TRC20 USDT instead of ERC20 USDT since the end of last year. If you are seeing the fees has shown zero and it's caused by the fees that have already applied in the tron blockchain is very very small. I will not use the ERC20 USDT again and it looks like more and more exchange sites have supported the TRC20 USDT.

We just need only less than 10 cents to send USDT. that doesn't matter how much quantity of the transaction.

[acdc]

Good news for USDT holders, I have never tried to withdraw USDT before because transaction fees are too high.
Imagine that you want to withdraw 100 $ but the transaction fee is 10 $. Perhaps people will quickly switch to usdt trc20 instead of usdt erc20.

[cryptoaddictchie]

i was surprise to be honest and equally happy thanks to eth high transaction fee that made me discover this,

Do share your thoughts and opinion or experience too.

I dont know why so many haters of tron blockchain but eversince Im using usdt for some icos, presale or any form of requirement that needs usdt. I preferably to use trc20 of usdt since there are no fees.

This is a long overdue process already mate. Maybe tron ceo is a shit poster on social media buy their fee is really incredible and fast too. Still love eth of course but with regards to fee, im down to tron blockchain. If you will transact from exchange to exchange this method will save you few backs actually.

[Anonylz]

i was surprise to be honest and equally happy thanks to eth high transaction fee that made me discover this,

Do share your thoughts and opinion or experience too.

I dont know why so many haters of tron blockchain but eversince Im using usdt for some icos, presale or any form of requirement that needs usdt. I preferably to use trc20 of usdt since there are no fees.

This is a long overdue process already mate. Maybe tron ceo is a shit poster on social media buy their fee is really incredible and fast too. Still love eth of course but with regards to fee, im down to tron blockchain. If you will transact from exchange to exchange this method will save you few backs actually.

i completely agree with you bro, i have started using it ever since someone paid my service through usdt trc20, at first i was wondering why use trc20 instead of using usdt erc20 but after i experiment it, i discover the fee is free or so because no charges are included in the transaction and to me that is definitely free,

i agree that Justin is not a likeable person (base on his personalities) but we have to separate the owner from the technology, what matters most is the technology and how beneficial it is, i feel when many people discover this, more will rather use trc20 than erc20, isn't this the idea of blockchain, to make transaction less costly and fast. Between @op welcome to the club  

[jrrsparkles]

But still most of the USDT is on the ethereum network so if people starts moving from ERC to TRC then company will print more trc. For now it may look good and definitely agree that this will be helpful for transacting especially when the transaction fees are high at the moment but in the long run the risk are also get increases.

[BRABO2]

Not only usdt any TRC20 token can be transferred with zero fees for a limited transaction every days.

And that's a great feature of TRC-20 which is becoming more popular than ERC-20. And from my opinion it's much better to make transaction with USDT or any TRC-20 tokens, if you want to make the transaction without any fees

[Lerikaweb]

I use tron network to transfer my tokens as well cuz ethereum network seems to be overloaded due to numerous defis. It is free anf fast, i like it so much/ I think that the popularity of TRC is gonna grow. It is a hodl coin for sure.

[noorman0]

But still most of the USDT is on the ethereum network so if people starts moving from ERC to TRC then company will print more trc. For now it may look good and definitely agree that this will be helpful for transacting especially when the transaction fees are high at the moment but in the long run the risk are also get increases.

People are not aware of the cost efficiency of the trc20 network or other cheaper networks or they don't even know that usdt supports several networks, that's why usdt is still widely circulating on the ethereum network and there are still many tokens built with this network considering user interests even though it is wasteful of transfer costs.

[poodle63]

the sole reason of "alt coin" so that you can have an alternative when in need of doing something like this but the disadvantage maybe on the trade volume that's not as high as the main one. However, right as of now I'd gladly switch to TRC20 temporarily if it's what it takes to avoid the monstrous fee.

[pamsugas]

I made the first transaction using USDT tron 2 months ago, this is crazy there are no transaction fees , USDT tron helps traders to transfer funds to other exchanges, USDT tron is also ideal when doing Arbitrage

[Rrita]

same here, I also use TRC20 based USD coin because there is no withdrawal charge at all. Personally, I like to do it when i want to move my fund from one account to another account (exchange) I use TRC20 based coin. In this way I can be safe from withdrawal fees. so why i like it.

If anyone use ERC20 based USD coin than he need to pay $4 as a transaction fee. but if he uses TRC20 based USD coin it's totally free, I also sometimes like to use TRX coin to move fund one account to another account because of high withdrawl fees. Its best near to mine. But the problem is all of exchange no yet support TRC20 based stable coin , and there I use TRON coin

[mu_enrico]

Sadly still, not many service providers support TRC20 USDT, especially *cough* casinos. Tron network surely cheap af, but be aware of security, if you transfer lots of money, it's somewhat riskier to use TRX chain. However, for average joes like the majority of us will surely like the cheap fees TRC20 USDT.

[Chuky92]

Hello Guys, today i made a little withdrawal from my Houbi account to my Binance account using usdt trc20,  actually this is my first time withdrawing usdt using trc20, when i input the amount i wanted to withdraw, i noticed there was no transaction fee quote below in the withdrawal page, and i thought it was a glitch, so i hard to redo it and it was same as earlier so i just went ahead to complete the rest of the withdrawal process, then after confirmation my withdraw went through and same amount ($150) i withdraw from houbi appear in my binance wallet without any transaction fees,  
i was surprise to be honest and equally happy
thanks to eth high transaction fee that made me discover this,

Do share your thoughts and opinion or experience too.

You have been missing a lot to be frank. Nowadays, when I trade on any exchange or in fact before trading on any exchange wherein I will withdraw USDT, I will have to check if the exchange supports TRC-20, and once it does I will trade on that exchange because I can't really stand spending unnecessarily on ERC-20 withdrawal fees bearing in mind that in most exchanges the withdrawal fee is somewhat higher. I think the idea was actualized owing to the way people transact or withdraws USDT, and hence just like there are Omini and ERC-20, TRC-20 was created as well. Another advantage of it is, it is faster as well however not all exchanges supports the TRC-20 network, can't really remember the particular exchange because I never traded there again but maybe sooner than later or when other exchanges understands the need of it, they will support it also.

[Kunnu]

TRC20 usdt is obviously an efficient option and it has leaved a positive impact so far according to my estimate these days mostly people prefer trc20 usdt imo finally crypto community has a suitable option in the form of trc20 usdt

[wmaurik]

Hello Guys, today i made a little withdrawal from my Houbi account to my Binance account using usdt trc20,  actually this is my first time withdrawing usdt using trc20, when i input the amount i wanted to withdraw, i noticed there was no transaction fee quote below in the withdrawal page, and i thought it was a glitch, so i hard to redo it and it was same as earlier so i just went ahead to complete the rest of the withdrawal process, then after confirmation my withdraw went through and same amount ($150) i withdraw from houbi appear in my binance wallet without any transaction fees,  
i was surprise to be honest and equally happy
thanks to eth high transaction fee that made me discover this,

Do share your thoughts and opinion or experience too.

I also like you were very happy because if USDT is withdrawn using trc20 get a free transfer fee, but over time this is like a good breakthrough because it makes people feel more comfortable using USDT as a stablecoin for many people and because of that I use transfer fees Free to another level, by trading on Derivatives Exchange like FTX and from there I convert USDT to other crypto like ethereum and can save conversion costs because ethereum transactions (withdraw) there are also free.

[alisonwonder]

Unfortunately I also don't have much experience with USDT because I usually use USDT to store or move assets from cryptocurrency to USDT, whereas for transactions between exchanges or wallets the very expensive transaction fees make me reluctant to use USDT.

[btcdie]

I switched to using USDT with the TRON network since the ERC20 network started to get heavy traffic and it made the transaction fees on the exchange even higher. Currently there are many exchanges that support the USDT TRON Network, I usually use this option to send between exchanges and to store USDT in my personal wallet I still use ERC20 even though the transaction fees are a bit expensive.

[target]

I have not used the USDT TRC20 for I normally just buy TRX with USDT (ERC). One problem that you'd see later is that if you like investing in the ERC Tokens.  You'd be limited to TRC20 tokens on Justswap or on Polo if you are using USDT (TRC20).

I think users will be opened to new discoveries in TRON projects when they try USDT (TRC20). First that you may want to do it install a browser extension or an app on phone the TRON LINK wallet. That's all you need to access all the projects including the casinos and exchanges.

[Arkann]

Most of my investments in cryptocurrency are Ethereum. It is this cryptocurrency for me that is one of the most valuable. During a massive drop in prices in the cryptocurrency market, I sell Ethereum for USDT when it falls and buy again when the market starts to recover, when the price starts to rise again. I had to use this tactic in 2018 and 2019, while I made good money. But I also use USDT as a storage for my money in cryptocurrency equivalent, and only if necessary convert them into fiat funds.
In addition, I use MyEtherWallet to store USDT and Trust Walet as a wallet for expenses, which is very convenient for me.