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Author Topic: TRC20 or BEP20?  (Read 820 times)
moneystery
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March 07, 2024, 05:29:17 PM
 #101

both tron and binance chain offer quite affordable fees to users, but if you want to find which is the cheapest and more recommended i would say you should take binance chain. the fees offered by binance chain are cheaper than those offered by tron, and as for security itself, so far i haven't found any problems with it and the confirmation process is also quite fast. so because my experience is quite good using binance chain in usdt transactions, i would recommend binance chain to you.

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March 07, 2024, 08:19:32 PM
 #102

Use Bep20. These days, TRC20 network is more congested and charges more fee than Bep20. I also think the BSC network is faster than TRON network cos I've been using both and I've been getting faster Bep20 transactions.

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March 08, 2024, 11:58:18 AM
 #103

Both TRC20 or BEP20 are good but the sites to use will depend on the user which one he prefers to use. Although no evidence supports this claim BEP20 one of which is USDT is safer than TRC20 as they have been around longer than TRC20 tokens. That setup gives a higher sense of security. I also use BEP20 and its fees are getting more popular as it is cheaper.

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March 09, 2024, 11:16:43 AM
 #104



For now Trc20 ghot increased their fee's when to transaction in centralized exchange, just not so sure if in dex it is low.
Because Trc20 network is now very congested so it's fees also increased. I used Trc20 network just to transafer Usdt in my trust wallet to centralized exchange binance, fee's little bit increased this is right, if in binance chain fees is lower than Trc-20 so bep20 is my favorite, i don't need to use trc20.

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March 09, 2024, 12:54:40 PM
 #105

Use Bep20. These days, TRC20 network is more congested and charges more fee than Bep20. I also think the BSC network is faster than TRON network cos I've been using both and I've been getting faster Bep20 transactions.

agreed with this tron nowaday have quite many people that used it even fee in various exchange increasing nowadays it usually charges $2 if im not mistaken meanwhile BSC $1 max for many exchanges, if we are talking about stablecoin of course, but anyway exchange doesn't really care what asset we are moving anyway they'd charge sending native token or stablecoin the same.
so I agreed in this regard BSC is better.
the good thing with BSC that people sweep under the rug is probably that many of its dapps feels really familiar with the one in ethereum maybe thats just me though but I think its a good thing to have.
overall if i have the chance i will always choose BSC over tron any days.

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March 09, 2024, 07:35:35 PM
 #106

Hello,
I want to buy $150 USDT and send it to an address. Is TRC20 cheaper or BEP20?

Thank you.


trc20 or bep20, I personally use the bep20 network more often because of habit and the fees are cheap and fast. My personal experience is that I prefer bep20 to trc20. For now, the cheap one seems to be bep20. If you are in doubt about comparing them, check for yourself which fee is cheap, but I personally prefer bep20

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April 10, 2024, 11:04:55 PM
 #107

If considering by fee we can say BSC is more cheaper that is to say is less than $1 for transactions but looking at USDT-Trc20 is about $1+ at this point any one doing transaction or transfer between exchange to exchange would rather used usdt-bsc for cheap rate for them, but if like transferring to external wallet like trustwallet or other wallet including other exchange one can used usdt-trc20.
Sometimes it's more faster and quicker for payment/transaction confirmation. At least I have used it all these while and I've seen the differences.

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April 10, 2024, 11:20:50 PM
 #108

Hello,
I want to buy $150 USDT and send it to an address. Is TRC20 cheaper or BEP20?

Thank you.


Bep20 is cheaper now because trc20 now charging more fee and it is remain no cheaper network. 2-3 years later TRC20 was most cheapest network and sending fee was just one trx(0.02$) but I checked one year ago by sending usdt to other addresses and trc network charged 2$ per transaction which is higher than many network.

BSC network fee is just 0.05$-0.1$ which is very low as compared to TRC. If you use Matic then it is cheaper than both. BTW you want to buy from Cex ?

     Yes, you are right. In other exchanges, BEP-20 is cheaper now, so BSC's network is often congested compared to TRC-20 because there was a time when I saw that TRC-20's fee was
1.2$ or more.

     But even though it's congested in BSC, it's still fine, and the funds that I'm sending arrive at the same destination address that I put in. And now it seems that the TC20 fee has
returned to only $1. But of course there are other still good network that we can still use it to avoid higher fee.

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April 11, 2024, 01:05:23 AM
 #109

Hello,
I want to buy $150 USDT and send it to an address. Is TRC20 cheaper or BEP20?

Thank you.


Bep20 is cheaper now because trc20 now charging more fee and it is remain no cheaper network. 2-3 years later TRC20 was most cheapest network and sending fee was just one trx(0.02$) but I checked one year ago by sending usdt to other addresses and trc network charged 2$ per transaction which is higher than many network.

BSC network fee is just 0.05$-0.1$ which is very low as compared to TRC. If you use Matic then it is cheaper than both. BTW you want to buy from Cex ?

     Yes, you are right. In other exchanges, BEP-20 is cheaper now, so BSC's network is often congested compared to TRC-20 because there was a time when I saw that TRC-20's fee was
1.2$ or more.
Ethereum has implemented the latest update which was helping to reduce the transaction fees for the L2 blockchains. Since, BEP 20 was also L2 blockchain and it means that transaction will have cheaper fees compared to the non L2 blockchain like tron which is not compatible to the EVM blockchain.
This is my main reason for shifting from the TRX blockchain to the BSC blockchain, considering the fees are very small these days. It requires less than a dollar to make a bunch of transactions.


     But even though it's congested in BSC, it's still fine, and the funds that I'm sending arrive at the same destination address that I put in. And now it seems that the TC20 fee has
returned to only $1. But of course there are other still good network that we can still use it to avoid higher fee.
True, but L2 will not make me feel so frustrated as ethereum did with its garbage slow blockchain, which cost me money that I used for lunch. Each Ethereum transaction nearly cost me 50 bucks, which is crazy.
You can imagine spending 500 dollars for around 10 transactions. This can be lower than it when ethereum blockchain gets congested. This makes me feel so frustrated and i jump to the tron but since the latest update cut fees for L2 blockchain and it makes me feel that if dealing with l2 like bsc network is right decision.

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April 23, 2024, 11:48:39 PM
 #110

Just now i made a transaction of some usdt. Bsc Blockchain was charging lot before but now they made the transaction fee cheap and that's why people using bsc Blockchain more and more. Bsc Blockchain needs some cents to transfer while trx charge a bit higher. But some cents doesn't matter in my opinion. And when its about exchange, then trx network charge 1 to 1.2 usdt in most of exchanges for single transaction while bsc network might be charge 19 to  cents something in binance and others exchange will also charge lower like 35cents (some exchange charge equally for bsc and tron network). Both are faster also but now i think bep20 better.

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April 24, 2024, 01:02:46 AM
 #111

Use Bep20. These days, TRC20 network is more congested and charges more fee than Bep20. I also think the BSC network is faster than TRON network cos I've been using both and I've been getting faster Bep20 transactions.

this is indeed the case,tron blockchain does indeed cost more than BSC these days even most of exchange have raised the fee imposed towards withdrawal to the tron blockchain therefore personally I think BSC is better, also BSC scalability is so good even though there are significantly more dapps in BSC than in tron the fee remains low, I personally always used BSC these days never tron just because its just better.

Just now i made a transaction of some usdt. Bsc Blockchain was charging lot before but now they made the transaction fee cheap and that's why people using bsc Blockchain more and more. Bsc Blockchain needs some cents to transfer while trx charge a bit higher. But some cents doesn't matter in my opinion. And when its about exchange, then trx network charge 1 to 1.2 usdt in most of exchanges for single transaction while bsc network might be charge 19 to  cents something in binance and others exchange will also charge lower like 35cents (some exchange charge equally for bsc and tron network). Both are faster also but now i think bep20 better.
most exchange i found only charges 0.2 USDT for transferring USDT for example and there are layer 2 of BNB called opBNB which has even lower fee if im not mistaken.
things already settled when it comes to finding lowest fee for transferring stablecoin its always BSC, hopefully ETH layer 2 could also follow this footstep of becoming low in gas fee required.

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April 24, 2024, 04:11:55 AM
 #112

I often use both. But for shipping between exchanges then I prefer Bep20. But if the intended exchange cannot accept USDT deposits in the bep20 network. So I was forced to use trc20. but on the local exchange in my country there is an exchange that does not charge a fee for sending USDT within the TRC20 network. And I often use trc20 from that exchange. So the answer depends on which exchange you will send and receive from. But if it's between wallets then I prefer trc20.

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May 01, 2024, 04:41:07 PM
 #113

This is not a secret and it is clear and we all know that transaction fees on the TRC-20 and BEP-20 networks are very cheap for transactions or when we want to move funds.

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