Tether (USDT) is a digital currency (stablecoin) whose value is always pegged to the price of the US dollar, which protects it from price volatility in the cryptocurrency markets.

 Tether does not have its own blockchain, it is presented in the form of a token. The main difference between tokens and other cryptocurrencies is that tokens are created and hosted on a blockchain, whereas Bitcoin or Ethereum are the native currencies of their respective blockchains.
 Tether was launched in 2014; to date, a large number of networks have appeared to work with this asset. For this reason, a logical question arises: on which network should USDT be stored and transferred in 2024?

 In this article, we have collected the advantages and disadvantages of the five most popular networks.

Ethereum (ERC20)

 Tether on the Ethereum network (ERC20) was released in 2018. ERC20 tokens are stored and sent using Ethereum (ETH) addresses and transactions.
 The ERC20 network is supported by many centralized exchangers (CEXs) and wallets, and is fundamental to decentralized exchangers (DEXs), which specialize in trading cryptocurrencies and digital assets directly between users.
 When working with this network on centralized exchangers, it is necessary to take into account that crediting funds requires a large number of confirmations and this significantly affects the time of transactions. The main disadvantage is the high commissions for sending and exchanging on DEX.

Advantages:

• supported on most CEXs and wallets;
• DEX compatible.

Flaws:

• high transaction costs;
• increased transaction time.

Tron (TRC20)

 The launch of Tether on the Tron network (TRC20) occurred in 2019. TRC20 tokens are stored and sent using Tron (TRX) addresses and transactions.
 The TRC20 network is supported by almost all centralized exchangers and for a long time, in the absence of significant competition, it was preferred due to fast transactions and low sending fees.
 Due to a number of unsuccessful changers in calculation algorithms, sending commissions have increased significantly, for this reason in 2024 the choice of TRC20 is not as obvious as before. Another significant disadvantage is that the network is incompatible with decentralized applications and wallets based on Ethereum.

Advantages:

• supported on most CEXs and wallets;
• fast transactions.

Flaws:

• incompatibility with DEX;
• high commissions.

BNB Smart Chain (BEP20)

 The BNB Smart Chain (BEP20) network was created by the Binance exchanger in 2020 as an alternative to the ERC20 network. The main token on the network is Binance Coin (BNB), which is used to pay fees.
 The main advantages when working with the BEP20 network are: high speed of transaction processing and low cost of paying commissions, as well as compatibility with decentralized applications and wallets based on Ethereum.
 

BEP20 is a centralized network, the validators for which are selected by the creator of this network - the Binance exchanger. Thus, the viability of BEP-20 tokens depends primarily on the functioning and development of the Binance exchanger, which is the main deterrent when working with BEP20. BEP20 network support is not available on most other centralized exchangers, making the process of exchanging BEP20 tokens much more difficult.

Advantages:

• low commissions;
• fast transactions;
• DEX compatible.

Flaws:

• dependence on the Binance exchanger;
• not supported on most CEXs.

Sol (Solana)

 Tether became the first stablecoin on the Sol network (Solana), launched in 2020. To pay commissions and ensure the operation of the network, SOL (Solana) is used.
 Sol is a decentralized network that allows for fast and low-cost transactions. The high degree of decentralization makes this network attractive from a security point of view; many decentralized exchangers operate on Sol.

 The main problem for the Sol network is its technical condition, namely frequent malfunctions. Since its launch, the network has stopped operating for long periods of time, and this leads to a large number of risks, since you will not be able to manage your assets.

Advantages:

• low commissions;
• fast transactions;
• DEX compatible.

Flaws:

• unstable network operation.

TON (Toncoin)

 Tether appeared on the TON (Toncoin) network quite recently, in April 2024. The native token of the same name TON (Toncoin) is used to pay transaction fees.
Thanks to its high performance and scalability, the TON network provides fast, inexpensive and energy-efficient transactions.

 TON is an innovative project that is at the stage of adoption and implementation. By the time of the launch of USDT on the TON network: there is still no support for this network by the most popular multi-currency wallets and centralized exchangers. Poor tokenization limits the ability to exchanger through decentralized applications.

 TON on paper is a kind of 21st century penicillin for the crypto industry, but the project’s ecosystem has not yet fully opened up: whether this will be the case on paper only time can tell.

Advantages:

• low commissions;
• fast transactions.

Flaws:

• underdeveloped ecosystem.

Which network to choose?

Only you can answer this question based on the described advantages and disadvantages of each network; you must choose a network based on the purposes of purchasing USDT: do you simply need to store funds, pay for goods or services, trade on centralized or decentralized exchangers.

You can buy USDT in any of the networks on our website.

This article is not a call to action and does not constitute individual investment advice.

A transaction identifier (TxID), or transaction hash, is a unique sequence of characters for each transaction, verified and added to the blockchain. In other words, TxID is an identification number that marks every transaction on the blockchain. With TxID you can check your deposit and withdrawal history.

MEMO or Destination tag is an additional unique value for the wallet address that allows you to identify the recipient of funds. If you do not enter, and also provide an incorrect MEMO or Destination tag, your funds may be lost.

A virtual bank card cannot be verified, but you can make an exchanger using this bank card. To do this, you need to register in advance on our website and go through identity verification using the link in your personal account.

This is a loyalty program or the so-called "Bonus Program", with which you can receive an additional discount of up to 20% when making exchangers on our website Mchanger. One bonus is equal to one Russian ruble. You can find more detailed information in the article "Bonus program of the Mchanger service".

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1. In the main menu, select "Exchanger".

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   For example, to exchanger Advcash USD to RUB on a bank card:

   • In the "Payment Systems" section, select Advcash USD.

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   • Your Advcash wallet (number or email).

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For additional support, contact our online chat on the website.

The main menu also shows available reserves, contact details, and service guarantees.

No, registration on the site is not required. When making the first exchanger on our online service, automatic registration is provided.

We strongly ask you to indicate your real: email address or Telegram login. In the event that your application has been put on hold, we ask you to contact us exactly from the contact details that were indicated in the application.

If you provided an email address in your application:

An email with a password to enter your personal account will be sent to this mail. The login to enter your personal account is the mail to which the password was sent to you.

If you have specified the Telegram login in the application:

it will be the login to enter your personal account. For re-authorization in your personal account, a one-time password is used, which will be sent to Telegram.

Registration on our site will give you the opportunity to make exchangers at a discount. In order to receive it, you just need to enter your personal account on our website. The first discount for authorized users is 0.05% of the exchanger amount. Your discount will grow as the amount of your exchangers increases. You can learn more about the affiliate program and the cumulative discount system on this page.

The average time for processing an application is 5-15 minutes after receiving funds from you. Depending on the exchanger direction you have chosen, the terms may differ: for example, if you want to receive funds to a bank card, then the processing time of the application may increase to an average of 45 minutes, depending on the current load of the payment system.