USDT Sending Fees

[jerry0]

If I get USDT and want to send it, what are the current fees to send it to someone else?  I know there is no fee for me to receive USDT.  Most likely if I'm receiving ETH from a site, it will be in the ETH network?


Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.


Does it make sense to send USDT in small amounts as the sending fee could be more than the USDT amount?  Imagine sending one dollar USDT to someone.

[mk4]

Fees of sending USDT is pretty cheap on any blockchain besides Ethereum which will cost you like $5-10 a transaction on a good day. Unfortunately a lot of exchanges doesn't support USDT withdrawal on other networks besides Ethereum.

[Oshosondy]

Fees of sending USDT is pretty cheap on any blockchain besides Ethereum which will cost you like $5-10 a transaction on a good day. Unfortunately a lot of exchanges doesn't support USDT withdrawal on other networks besides Ethereum.

Also the fee on Omini layer is costly as also on Ethereum network like you said.

Zero fee on Algo network
$1 or less on Tron network
$1 or less on Solana network
$0.8 or less on BSC

Very cheap fee on some other networks too.

[cryptoaddictchie]

Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.

If you are receiver then youll incurred no fees at all. It will be credited on the sender.  If you are gonna be the one send usd, if usimg centralized exchange like binance the fee is 10usdt so its advisable to send bigger amount alwayd to used the fee wisely.

If you are using wallet then it will be based on gas fee whether whats network youve used. Sometime on eth is so expensive to send usdt or transfer.

[Cookdata]

If I get USDT and want to send it, what are the current fees to send it to someone else?  I know there is no fee for me to receive USDT.  Most likely if I'm receiving ETH from a site, it will be in the ETH network?

If you're are receiving Ether from a site and you choose Ethereum network when making a withdrawal, it will certainly be in Ethereum Network

Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.

Transaction Fees depends on how busy the network you are using. If you are using the Ethereum network, you can make check gas tracker.^[1] It displays the current cost that must be paid in order to get a transaction possible. USDT for example will cost you around $5.2 in ETH
Sending USDT via Tron and BSC is less expensive, but you should consider if the recipient supports the network deposit.

Does it make sense to send USDT in small amounts as the sending fee could be more than the USDT amount?  Imagine sending one dollar USDT to someone.

It doesn't make sense to send 1 dollar USDT through Ethereum, your fees will be bigger than what you are sending.

[1] https://etherscan.io/gastracker

[libert19]

https://www.useweb3.xyz/gas - check 'erc20 token transfer', this is how much you would be paying for ethereum usdt transfer.

On tron, bsc it will cheaper and you will need base token to pay transaction fees on that network (bnb for bsc, trx for tron).

No it doesn't make sense to do small transactions on ethereum network, the transaction fees will be higher that what you send. $1 is huge no.

[budz0425]

If I get USDT and want to send it, what are the current fees to send it to someone else?  I know there is no fee for me to receive USDT.  Most likely if I'm receiving ETH from a site, it will be in the ETH network?


Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.


Does it make sense to send USDT in small amounts as the sending fee could be more than the USDT amount?  Imagine sending one dollar USDT to someone.

There is no fee when receiving USDT from another user, only the sender will pay fees as blockchain transactions.
As far as I know, the ETH fee is updated regularly depending on the current network status or how busy the network is.
When sending/receiving USDT make sure to use the same chain especially when you are using Exchange, if you are using Metamask then there is no problem you only need to add the smart contract.
Yes, there is BNB network it requires Memo tag,

[hosseinimr93]

Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay? 

As already stated in previous posts, the fee required for making  transaction depends on network state. The more busy the network, the higher fee you have to pay.

Just note that if you send USDT from your own wallet, you don't pay the fee in USDT. You have to pay the transaction fee in ETH.
So, if you have USDT in an address without ETH and you want to make a transaction, you first have to send ETH to that address. This causes you to spend more money. Because you have to pay for two transactions. A transaction for sending ETH to your own address and another transaction for sending USDT.

[raidarksword]

I never tried using ethereum network on sending my USDT for its really pain in the back with the network fees. The only option I have on tron network and bsc which was really cheap and very fast transfer as well. More transactions I had was Tron, so I am used to that network but since BSC is new it only cost 0.8$ which lesser than Tron.

[sunsilk]

To see how much the fee costs as of the moment, you can use this website: https://ethgasstation.info/

And to have an idea and to calculate how much it will cost you to transfer. Check this gas calculator by ethgasstation.

https://legacy.ethgasstation.info/calculatorTxV.php

Well, that's for the USDT in Eth network. Honestly, it has reduced currently because I've seen the gwei has been to high for the past months compared today.

[timerland]

If I get USDT and want to send it, what are the current fees to send it to someone else?  I know there is no fee for me to receive USDT.  Most likely if I'm receiving ETH from a site, it will be in the ETH network?


Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.


Does it make sense to send USDT in small amounts as the sending fee could be more than the USDT amount?  Imagine sending one dollar USDT to someone.

There are plenty of networks with USDT on it.

If you are concerned about fees at all, definitely don't accept USDT on the ETH network.

It will take at least a few USD to push your transaction for a confirmation (don't try with less gas as you might just waste more money if the transaction fails).

I would suggest going with TRON, BNB, or even potentially FTM based USDT. If you want less friction then potentially Polygon would work as well, but note that services which accept this may be limited.

[mdzahed134]

There are no fees to receive USDT or any others currencies. In USDT transaction, TRON is the cheapest network fee even you can send USDT(TRON) without any fees in some cases, I'm using a few exchanges where no withdrawal fees on TRON network such as Binance. You have to pay big fees approximately 5$-12$ if you wants to send USDT using ERC-20 network. It's depend on the gas price of the ETH network.

[asriloni]

If I get USDT and want to send it, what are the current fees to send it to someone else?

Here you go
https://etherscan.io/gastracker

  I know there is no fee for me to receive USDT.  Most likely if I'm receiving ETH from a site, it will be in the ETH network?

Yes as long as you are sending USDT that used ethereum blockchain to your wallet. If you are sending USDT based on another blockchain and it will not be in ethereum network.

Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.

If your USDT was eth and you will need to pay less fees compared when you are sending it in USDT form. If you are using another blockchain and the fees was almost zero. I'm always using TRON USDT. It needs me to pay almost zero fees.

Does it make sense to send USDT in small amounts as the sending fee could be more than the USDT amount?  Imagine sending one dollar USDT to someone.

You will be charging the same fees even when you are sending big or small amounts of USDT.

[Dr.Osh]

If I get USDT and want to send it, what are the current fees to send it to someone else?  I know there is no fee for me to receive USDT.  Most likely if I'm receiving ETH from a site, it will be in the ETH network?


Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.


Does it make sense to send USDT in small amounts as the sending fee could be more than the USDT amount?  Imagine sending one dollar USDT to someone.

firstly, it depends on the site that sends you USDT, if it uses the ERC20 network, then it will be USDT which has the ethereum network, it has expensive fees. if he sends you directly on CEX, that's fine, you can choose the network when making a delivery or a withdrawal. You can choose the network you want, such as ERC20, BSC, and so on.

sending $1 is still possible, depending on your needs. however, for the ERC20 network, it seems that the fee required is more than that. remember, the high fee is currently only on ERC20, besides, there are still many people who send $1 using USDT, whether it's to buy something, or just send it. for ERC20 transaction GAS, you can see it at https://etherscan.io/gastracker

[sulis sudibyo]

the fee depends on the GAS fee. for now GAS is quite cheap at 23-25 Gwei, you can see it here https://etherscan.io/gastracker

and I'm trying to make a USDT transaction for 100$. I see transaction fee -+15$ with 25 gwei. this is quite cheap when compared to yesterday when GAS fee was very high it could reach 90-100 gwei. but when compared to other networks, erc20 is still very expensive.

[masterrex]

If I get USDT and want to send it, what are the current fees to send it to someone else?  I know there is no fee for me to receive USDT.  Most likely if I'm receiving ETH from a site, it will be in the ETH network?


Example I receive USDT from a website.  Now I want to send USDT to someone.  If the USDT is ETH, how much fees do I have to pay?  What if the USDT I am receiving is Tron or another type of network?  I heard there is the BNB network as well.


Does it make sense to send USDT in small amounts as the sending fee could be more than the USDT amount?  Imagine sending one dollar USDT to someone.

I was sent some USDT recently using the BSC Bep20 Network and the transaction fee is just $0.10 cents so it's far cheaper compare to TRC20 USDT on Tron Network with $0.80 -$1.00 worth of TRX and ERC20 USDT on Ethereum Network which is also $3-$5 dollars worth of Ether so I guess BSC Bep20 USDT is far more sustainable with in terms of the transaction cost compared to other Network. and I think its unwise to sent USDT in small amounts because it can cost you more money without a purpose.  

[jerry0]

Okay so how many networks are there with USDT?  Is it this below or not?  I heard algo and solana as well but those are different?


ETH
Tron
BNB
BSC
BSC Bep20


So if you are receiving USDT from someone, it will most likely come from the ETH network unless otherwise stated?


Now if are planning to buy or receive USDT and want to send it with the cheapest fee possible, you want the USDT on which network?  Either Tron or BSC Bep20?  Can someone here quickly summarize the exact or approximate fees for each USDT right now when sending?  I know ETH is far the most expensive.  But USDT on the BSC Bep20 network is only 10 cents?  So why do people all not use that one then?



Now let say you want to send small amounts to other people... imagine between 1 to 5 dollars worth of USDT.  You should be using  BSC Bep20 since its only 10 cents fee?  But let say you received USDT on the BSC Bep20  network.  If you want to send it to someone... which coin do you you need in order to pay this fee?  Because if you have USDT on ETH or Tron network I know you need ETH or Tron to pay the fees.  But what about the other ones?


Also this has me confused.  Whether you send usdt on ETH or Tron or BSC Bep20 network, you need to make two transactions?  Thus you need to first send the sending fee in ETH or Tron or BSC Bep20 first to to that USDT address you are sending to?  Then after that, you send the amount you want to send?  Or how does that work since I found out this is actually two transactions you have to make when sending usdt?



Imagine wanting to send just 5 dollars usdt to someone on ETH or Tron or BSC Bep20.  How would you do this?  Also what token you need for the BSC Bep20?




The other thing that is confusing is this.  Most networks use USDT only on the ETH network.  If that is the case, how would someone turn their USDT on the Tron or BSC Bep20 network into fiat in an exchange then?  Let say they have access to coinbase and gemini etc.  Imagine someone wants to turn their 500 usdt on Tron or BSC Bep20 to fiat on coinbase or gemini.  How would they do that since coinbase usdt is ETH and I believe gemini doesn't even offer usdt?



Also what exchanges have usdt in all networks?  

[BioFrog]

Only on the eth blockchain the fees for usdt transfer are exorbitant they can even reach 20 $ on other blockchains such as tron ​​and bsc,etc the average fee is about 1 $

[omone1]

If you really care about not paying huge fees when sending USDT, avoid ETH blockchain. Use either TRC20, Solana, BEp20 or Matic blockchain, all these listed blockchains have wide support for USDT. when sending to exchange, be sure such exchange supports  the chain for USDT deposit to avoid loss.

[zonefloor]

USDT is very costly in ethereum network. The most suitable are tron and busd. Fees vary according to exchanges. But in general, the ethereum network requires a commission of around $35. However, this may vary according to the amount of eth gas fee. But generally tron and busd charge a $1 transaction fee. Gate exchange, on the other hand, does not require any transaction fee on the tron network, you can make withdrawals with a minimum withdrawal of $ 100 without paying a transaction fee.