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Trading glossary

Definition

What is USDT (TRC20)?

USDT (Tether) is a stablecoin designed to track the US dollar 1:1; TRC20 is the token standard for USDT on the Tron network, alongside versions on Ethereum (ERC20), BNB Smart Chain (BEP20) and others.

The same USDT exists on several blockchains. The token is the same dollar-pegged asset, but each network has its own address format, speed and fees.

TRC20 addresses start with “T”; ERC20 and BEP20 addresses start with “0x”. Sending on one network to an address on another can lose the funds, so always match the network at both ends.

Exchanges such as Binance, Bybit or OKX let you choose the network when withdrawing or depositing, which makes USDT a common way to pay and get paid across borders.

Example

Example: a payout of 250 USDT is sent on TRC20 to a wallet starting with “T”. If the exchange account only shows an ERC20 deposit address starting with “0x”, you must select TRC20 on the exchange to get the right address first.

At a prop firm

Axora Funded accepts USDT on TRC20, BEP20, ERC20 and Solana at checkout (also BTC, ETH, BNB and SOL), and pays rewards in USDT on TRC20, ERC20 or BEP20 to a wallet in your name, with a 50 USDT minimum.

Frequently asked questions

Is USDT on TRC20 the same as on ERC20?

It is the same dollar-pegged token, but on different blockchains with different addresses and fees.

What if I send to the wrong network?

The funds may be lost. Network fees, wallet errors and wrong addresses are the sender’s responsibility.

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