For ERC20 USDT, the token address begins with '0x', which is a common prefix for all Ethereum-based tokens. This indicates that ERC20 USDT is built on the Ethereum blockchain, utilizing the ERC20 standard for smart contracts.
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CryptoEmpireSun Apr 20 2025
In contrast, TRC20 USDT has a distinct address format. Its address starts with the letter 'T', which signifies that it operates on the Tron blockchain. The Tron blockchain utilizes the TRC20 standard for its tokens, which includes TRC20 USDT.
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KpopHarmonySun Apr 20 2025
It is crucial to be aware of the token type when transferring USDT, as sending the wrong version to an incompatible wallet may result in the funds being lost. Therefore, always double-check the token contract address to ensure compatibility.
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lucas_jackson_pilotSun Apr 20 2025
BTCC is a prominent cryptocurrency exchange that offers a comprehensive range of services. Among its offerings are spot trading, futures trading, and a secure wallet service. With BTCC, users can buy, sell, and trade a wide variety of cryptocurrencies, including both ERC20 and TRC20 versions of USDT.
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BitcoinWarriorSun Apr 20 2025
Distinguishing between TRC20 and ERC20 versions of USDT can be achieved by examining the token contract address. This address serves as the key identifier that differentiates these two variations of the stablecoin.