Ethereum's Gas fees make ERC-20 transfers "a game for the rich." During peak transaction times, the fees deducted for ERC-20 USDT transfers can reach up to dozens of dollars, with confirmation times taking just a few minutes. In contrast, the advantages of TRC-20 are very clear:
Fees are fixed, and the desktop TRC-20 transfer fee is almost fixed at 13 TRX (), regardless of the transfer amount, the fee does not change. The fees for ERC-20 fluctuate with the degree of network congestion; during the peak of the bull market in May 2023, a single transaction fee once exceeded 50 dollars.
Confirmation speed is lightning fast; the block confirmation time of the Wave Field chain is about 3 seconds, while Ethereum may take 5-10 minutes to confirm additional transactions during congestion. For players who need to urgently withdraw funds or adjust their positions, this could be the difference between heaven and hell.
Small transfers are more accustomed to the ERC-20 fees, as small transfers (like a few U) will have a large proportion taken up by the fees. The low fee feature of TRC-20 makes small transfers economically viable.
Old player operations: Strategy
Daily small amounts prefer TRC-20
Check the Gas fee predictions on Etherscan before large transfers and choose low-peak transaction times
Prepare some TRC-20 USDT as emergency funds to cope with unexpected public health emergencies
Three principles for safe receipt: Summarized from the bloody experiences of old players
In the chaotic world of cryptocurrencies, "address verification + check" is the first line of defense for survival. Old players have summarized the "Three R Principles" to remedy 99% of USDT traps inadvertently:
Request (pre-declaration) clearly inform the other party of the network protocol being used before the transaction. If the other party insists on using ERC-20, declare in advance that "Gas fees are self-catered" to avoid subsequent disputes. There have been players who, due to lack of explanation, received ERC-20 USDT#策略增持比特币 .
Fees are fixed, and the desktop TRC-20 transfer fee is almost fixed at 13 TRX (), regardless of the transfer amount, the fee does not change. The fees for ERC-20 fluctuate with the degree of network congestion; during the peak of the bull market in May 2023, a single transaction fee once exceeded 50 dollars.
Confirmation speed is lightning fast; the block confirmation time of the Wave Field chain is about 3 seconds, while Ethereum may take 5-10 minutes to confirm additional transactions during congestion. For players who need to urgently withdraw funds or adjust their positions, this could be the difference between heaven and hell.
Small transfers are more accustomed to the ERC-20 fees, as small transfers (like a few U) will have a large proportion taken up by the fees. The low fee feature of TRC-20 makes small transfers economically viable.
Old player operations: Strategy
Daily small amounts prefer TRC-20
Check the Gas fee predictions on Etherscan before large transfers and choose low-peak transaction times
Prepare some TRC-20 USDT as emergency funds to cope with unexpected public health emergencies
Three principles for safe receipt: Summarized from the bloody experiences of old players
In the chaotic world of cryptocurrencies, "address verification + check" is the first line of defense for survival. Old players have summarized the "Three R Principles" to remedy 99% of USDT traps inadvertently:
Request (pre-declaration) clearly inform the other party of the network protocol being used before the transaction. If the other party insists on using ERC-20, declare in advance that "Gas fees are self-catered" to avoid subsequent disputes. There have been players who, due to lack of explanation, received ERC-20 USDT#策略增持比特币 .