What are the types of Tether coins?

There are three main types of Tether coins: USDT-ERC20, USDT-TRC20 and USDT-Omni. USDT-ERC20 is based on the Ethereum blockchain, with high liquidity, but high transaction fees; USDT-TRC20 is based on the TRON blockchain, with fast transaction speed and low fees; USDT-Omni is based on the Bitcoin blockchain, with high security High, but the transaction speed is slow and the fees are expensive.

Tether type

Tether (USDT) is a stablecoin pegged to the value of the U.S. dollar. Known for its low volatility and stability. Currently, there are three main types of Tether coins:

1. USDT-ERC20

• Based on the Ethereum blockchain
• with high liquidity and can be traded on many cryptocurrency exchanges
• Each transaction requires a gas fee (Ethereum network transaction fee)

2. USDT-TRC20

• Based on TRON blockchain
• Fast transaction speed and low fees
• Suitable for cryptocurrency payments and digital asset transactions

3. USDT-Omni

• Based on the Bitcoin blockchain
• High security, but slow transaction speed and high fees
• Mainly used for Bitcoin-related transactions

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