Cryptocurrency Q&A
What is TRC20 in Binance?
What is TRC20 in Binance?
Andrea
Wed Mar 19 2025
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6
answers
1201
TRC20 in Binance refers to a token standard on the TRON blockchain that is supported by the Binance exchange. TRC20 tokens, such as USDT, can be traded on Binance with fast transaction speeds and low fees, making it a popular choice for crypto traders. These tokens are interoperable with other TRON-based tokens and can be used in various decentralized applications on the TRON network.
6 answers
Valentina
Thu Mar 20 2025
By adhering to TRC20, developers ensure compatibility and interoperability among different TRON-based tokens.
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SamuraiWarriorSoul
Thu Mar 20 2025
Similar to TRC20, ERC20 serves as a fundamental token standard on the Ethereum blockchain.
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EnchantedPulse
Thu Mar 20 2025
TRC20 represents a technical framework designed specifically for the TRON blockchain.
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Carlo
Thu Mar 20 2025
This standard facilitates the creation and deployment of smart contracts.
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KpopHarmonySoulMate
Thu Mar 20 2025
ERC20 (Ethereum Request for Comment 20) has gained widespread adoption due to its effectiveness in standardizing token operations on Ethereum.
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