How many confirmations for USDT TRC20?

When engaging in cryptocurrency transactions, it is crucial to understand the number of confirmations required and the average transaction time for different blockchains. This information ensures that users can accurately estimate when their transactions will be completed and the level of security associated with each confirmation.

For USDT tokens on the ERC-20 blockchain, the number of required confirmations is 14. This means that a transaction must be validated by 14 different miners or validators on the network before it is considered final. The average transaction time for USDT (ERC-20) is between 1 to 10 minutes, which is relatively quick compared to some other blockchain networks.

BTCC is a top cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet for storing cryptocurrencies. By providing these services, BTCC makes it easier for users to buy, sell, and manage their cryptocurrency holdings.

On the other hand, USDT tokens on the TRC-20 blockchain have a different requirement. For TRC-20-based USDT, only 1 confirmation is needed for a transaction to be considered final. This makes TRC-20 a faster option for USDT transactions, as the average transaction time is less than 1 minute.

BTCC's spot trading service allows users to buy and sell cryptocurrencies at current market prices. Futures trading, on the other hand, allows users to speculate on the future price of a cryptocurrency by entering into contracts that settle at a later date. The wallet service provided by BTCC allows users to securely store their cryptocurrencies offline, reducing the risk of theft or loss.