What are the types of Tether USDT?
Tether USDT is divided into four types: ERC-20 USDT (Ethereum blockchain), TRC-20 USDT (Tron Chain), BEP-20 USDT (Binance Smart Chain), OMNI USDT (Bitcoin) Sidechain), different types have differences in liquidity, transaction speed, handling fees, etc. Which type to choose depends on personal needs.
Types of Tether USDT
Tether USDT is a stable currency pegged to the U.S. dollar. Currently, there are the following types Type:
1. ERC-20 USDT (based on Ethereum)
- Issued on the Ethereum blockchain
- Complies with ERC -20 Token Standard
- Have high liquidity and trading volume
- Higher transaction fees
2. TRC-20 USDT ( Based on TRON Chain)
- Issued on the TRON blockchain
- Complies with TRC-20 token standards
- Have faster transactions Speed and lower transaction fees
- Liquidity is slightly lower than ERC-20 USDT
3. BEP-20 USDT (based on Binance Smart Chain)
- Issued on the Binance Smart Chain blockchain
- Complies with BEP-20 token standards
- Have higher transaction speed and lower transaction speed Handling fee
- The liquidity is slightly lower than ERC-20 USDT and TRC-20 USDT
4. OMNI USDT (based on Bitcoin blockchain)
- Issued on a side chain of the Bitcoin blockchain
- The transaction speed is slower and the handling fee is higher
- The liquidity is much lower than other types of USDT
Different USDT types differ in blockchain technology, liquidity, transaction speed and handling fees. Which type to choose depends on an individual's specific needs and preferences.
The above is the detailed content of What are the types of Tether USDT?. For more information, please follow other related articles on the PHP Chinese website!
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