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.
交易标识符 (TxID) 或交易哈希是每个交易的唯一字符序列,经过验证并添加到区块链中。 换句话说,TxID 是一个标识号,用于标记区块链上的每一笔交易。 使用 TxID,您可以查看您的存款和取款历史记录。
MEMO 或目的地标签是钱包地址的附加唯一值,可让您识别资金接收者。 如果您没有输入,并且还提供了不正确的 MEMO 或目的地标签,您的资金可能会丢失。
虚拟银行卡无法验证,但您可以使用该银行卡进行兑换。为此,您需要提前在我们的网站上注册,并使用您个人帐户中的链接进行身份验证。
这是一项忠诚度计划或所谓的“奖励计划”,通过该计划,您在我们的网站 Mchanger 上进行兑换时可以获得高达 20% 的额外折扣。 一笔奖金等于一俄罗斯卢布。 您可以在“Mchanger 服务的奖励计划”一文中找到更多详细信息。
尊敬的用户:
我们很高兴为您介绍 Mchanger Telegram 机器人 —— 一个快速、安全、便捷的兑换工具,可直接在 Telegram 应用中使用。
整个兑换流程简单,无需繁琐操作。
兑换步骤如下:
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在主菜单中选择 “兑换”。
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选择您要发送和接收的币种。
例如,将 Advcash USD 兑换成人民币并转入银行卡:-
在 “支付系统” 中选择 Advcash USD。
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接着选择 人民币 - 银行卡 作为接收方式。
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输入您要兑换的金额,例如 100 Advcash USD。
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确认金额后点击 “继续”。
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输入您的付款信息:
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您的 Advcash 钱包账号(号码或邮箱)。
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用于接收人民币的银行卡号。
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检查并确认所有信息是否正确。
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点击 “前往支付”,在打开的 Advcash 页面完成付款。
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支付完成后返回机器人,点击 “我已付款”。
您可以在 “兑换记录” 中查看订单状态。
如需帮助,可通过我们网站的在线客服咨询。
主菜单中还可查看当前储备、联系方式及服务保障信息。
不,不需要在网站上注册。在我们的在线服务上进行首次兑换时,会提供自动注册。
我们强烈要求您提供真实的:电子邮件地址或Telegram登录名。如果您的申请被搁置,我们要求您通过申请中提供的详细联系方式与我们联系。
如果您在申请中提供了电子邮件地址:
一封包含用于输入您的个人帐户的密码的电子邮件将发送到此邮箱。进入您的个人帐户的登录名是密码发送给您的邮件。
在应用程序中指定了Telegram登录名:
这将是输入您的个人帐户的登录名。为了在您的个人帐户中重新授权,将使用一次性密码,该密码将发送到Telegram 。
在我们的网站上注册将使您有机会以折扣价进行兑换。为了接收它,您只需在我们的网站上输入您的个人帐户。授权用户首笔优惠为兑换金额的0.05%。您的折扣将随着您的兑换量增加而增加。您可以在此页面上了解有关联属网络营销计划和累积折扣系统的更多信息。
收到您的资金后,处理申请的平均时间为 5-15 分钟。 根据您选择的兑换方向,条款可能会有所不同:例如,如果您想通过银行卡接收资金,那么申请的处理时间可能会增加到平均 45 分钟,具体取决于当前的负载支付系统。