trc20 for usdt is differ from erc20 you can transfer free if you deal in binance , 0 cost FREE , just search about that .
Yes trc20 different network, also BSC as I stated different network, but you are asking extra work and knowledge from each person who wants to use USDT.
Not everyone deals in binance, not everyone has access, example if they buy in Kraken, only options are ERC20 and OMNI. So you have to go with the universal and which is accessible to all easily.
P.S: its hard to discuss with you if you cannot backup what you say for every user, you thinking only for yourself or what you know.
The TRC20 Token is supported by very few fiat exchanges though so not really a good option
If you have USDT , you can chooose what is the network you need to transfer from so you are not limited to 1 network , you can choose TRC20 , ERC20 any network you need , discover Binance application .
okay, let say we have 5k USDT OR USDC !!
1- what are the fees for transfers to other USDT OR USDC ?
2- Different wallet provider or the same?
3- which apps/websites?
4- Also donât forget the fees when you buy it as well? (best place to buy it)
Crypto is ok, what about Paxum? I canceled some of my trades, because it doesnât exist.
I think USDT will be the best way to make deals here in Swapd l, cause the value of BTC changs every time.
Haha
Fee $5 ( Send )
You can use any trusted website ( wallet ) for USDT - Binance
0.5% fee ( Buy / Sell )
USDT/USDC
Yes USDT has risks, but they are less than bitcoin price. No one is asking you to keep money in usdt, but to use it only as a payment method for transactions. in 10 minutes you can make a transaction and withdraw usdt into any other currency or fiat
USDC - also good. but less popular
all other options (binance tokens/usdt-trc) are very limited to exchanges and not popular
A transaction doesnât take 10 minutes (generally). These payments would have to sit in USDT for days, weeks, possibly even months (for extended services).
You can let it sit as long as u want max it goes is 1 USD = 0.9998 to 1.0002 USDT
I bet he meant transaction takes maximum 10 minutes, but on average its less than 1 minute.
USDC Like usdt and usdt isnât very risky like other say many use for uyears and still and will use , but to be in very safe side USDC is also good
Which wallets can be used for USDT?
Binance , Blockchain
More like $20 per send recently, maybe $10-15 if youâre okay with it taking 2+ hours to get confirmed.
Median tx. fee - last 24 hours: 0.008 ETH ($14.41)
Median tx. fee - last 7 days: 0.0121 ETH ($22.38)
Current Binance withdrawal fee: 12 USDT
Current Huobi withdrawal fee: 0.01 ETH ($18.5)
Current Kucoin withdrawal fee: 12 USDT
Current Bittrex withdrawal fee: 48 USDT
I think itâs not inconceivable that if crypto/ETH/DeFi continues this upward trend that token transfer fees could be $50 per txn within a month⌠Madness
We are noticing that even with BTC during the current madness, sending via it is now more expensive than regular bank wires. I just sent 75 USD (non-priority) and paid 13 USD.
PayPal seems cheap all of a sudden.
I mean 90% of people have a coinbase account, and if im not mistaken if you send via email on Coinbase there is no transaction fee and its instant, then if they are scared of BTC losing value, they an swap to USD/GBP and hold it until deal is done