TRC-20 USDT transfers are getting ridiculous. We have just sent 2x 160 USDT payouts and got hit with $6.77 in gas fees each time. That’s straight-up robbery for small transfers. Meanwhile, ERC-20 USDT is crazy cheap now, we’re moving 5-digit payments and paying like $0.12 in fees. Pennies!
With EU regulations (MiCA) killing TRC-20 support on tons of exchanges, it’s a mess. TRC’s losing its edge fast. Seriously, is it time to dump TRC-20 and go full ERC-20 or something else? Anyone else dealing with this? What’s your move, sticking with TRC or jumping ship?
I can’t really comment on agent/admin involvement in deals because mine have been very straightforward. In my last sale, even the admin or agent didn’t accept the invite—just confirmed messages between me and the buyer, and the deal was done.
So I assume you’re referring more to the financial side of things. Of course, I understand that just because my deals are simple doesn’t mean others don’t run into complications. SWAPD definitely deals with more complex cases sometimes.
I hope once SWAPD moves to Canada, the fees finally get better. From what you’ve shared, it sounds like a big upgrade—no more messy third-party payments, faster payouts, and smoother transactions.
Around 32-33% of all that work is related to small tickets (under 200) USD. That 30% of work translates into less than 5% of our revenue. So, it’s just not worth it for us. In addition, the cheaper the tickets are, the more problematic the users generally are. More disputes, elongated fights, people arguing over .30 cents, etc. This isn’t how SWAPD was envisioned :)
You will not save much on fees, everything basically will stay the same. We’ve decided not to roll back fees. We’ve been lowering fees for 8 years, time to quit that. The only thing that will change is no DAC7 reporting and no MiCA issues.
