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What's the difference between trc20 or erc20


TRC-20 and ERC-20 are identical except for the blockchains that they function on. One focuses on Ethereum (ERC-20), while another focuses on TRON (TRC-20). However, it is worth noting that fees on the TRON network are typically cheaper.

Can I use TRC20 instead of ERC20?

TRC20 token standard is also a popular token token standard used for creating crypto tokens in the Tron blockchain. The TRC20 token standard holds all the rules and regulations to create TRC20 tokens. Basically, TRC20 tokens have the same features as ERC20 tokens as TRC20 is compatible with ERC20 tokens.

How do I know if I have TRC20 or ERC20?

The exchange will make it clear what type of chain they are using; however, one easy way to differentiate between these two is by the way the address is structured. An ERC20 Address only starts with '0' and 'x'. For example: 0xbc6e. A TRC20 Address only begins with a capital 'T'.

What is TRC20 used for?

TRC20, also known as USDT-TRON, is Tether's USDT that is issued on the TRON network. It is a technical standard token, and It works based on TRON's network or blockchain, using TRON's address, which means that all transactions made with the TRC20 take place on the TRON network.