Stable coin answer needed asap | Bitcointalksearch.org

enhu

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Quote from: tenakha on January 12, 2020, 06:33:36 PM

Quote from: betty11 on January 12, 2020, 10:24:50 AM

This shouldn't be very confusing, the address for deposit should show on which blockchain it's supported, I know Binance and major centralized exchanges supports the ethereum network. To avoid mistakes if an not too show, I just use known altcoin to move asset to an exchange supporting USDT ethereum network.

Binance supports ERC20, OMNI and TRON based USDT deposit/withdraw. In others these options are essentially offered too.
Among these options, you can deposit by choosing the desired blockchain based Tether:

Something I didn't know. But most of the time its ERC that I use without knowing Its ERC actually. I don't send USDT to my Ether wallet but maybe later if BTC once again hit ATH again and will just hedge my money when bears come around. DAI seem exciting being decentralized as claimed unlike the stablecoins like Tether which has issues previously.

spike420211

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The teaser uses various blockchains for its tokens, for the convenience and expansion of its influence.
Initially, the token was Bitcoin-based USDTether issued via the Omni Layer Protocol, and it has gained tremendous influence.
However, to increase speed and convenience, the company decided to expand and created the Ethereum-based Tether, compatible with the ERC20 standard.
I suppose you already guessed that the company decided not to stop there and expanded to another platform - Tron.
Which now allows you to capture even greater market space, including exchanges on the Tron blockchain.

Quote

The TRC20-based USDT enables interoperability with TRON-based protocols and Decentralized Applications (DApps) whilst allowing users to transact and exchange fiat pegged currencies across the TRON Network.

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tenakha

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Quote from: betty11 on January 12, 2020, 10:24:50 AM

This shouldn't be very confusing, the address for deposit should show on which blockchain it's supported, I know Binance and major centralized exchanges supports the ethereum network. To avoid mistakes if an not too show, I just use known altcoin to move asset to an exchange supporting USDT ethereum network.

Binance supports ERC20, OMNI and TRON based USDT deposit/withdraw. In others these options are essentially offered too.
Among these options, you can deposit by choosing the desired blockchain based Tether:

betty11

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This shouldn't be very confusing, the address for deposit should show on which blockchain it's supported, I know Binance and major centralized exchanges supports the ethereum network. To avoid mistakes if an not too show, I just use known altcoin to move asset to an exchange supporting USDT ethereum network.

CjMapope

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Quote from: OasisDre on January 10, 2020, 09:58:31 AM

Hi guys, i detect their are two pairs of USDT, one is on ethereum blockchain and the other is on Tron network, which is the most supported on exchanges like kucoin or binance and how will i detect on exchange that it's ETH version or Tron version? Thanks

lol just loo at the name of their tokens man, and reference their explorers as such Tongue

You will also see that TRON's tokens are "TRC10/20" and ETH's are "ERC20" , so theres that too
honestly you should probably sort things like this out BEFORE you start investing, as if you send the wrong token to an incompatible exchange it WILL eat it without crediting you : /

bitcampaign

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this is the easy answer actually, you know that tron and eth have different blockchain, whatever starts with tron wallet address like this Txxxxxxxx while ETH starts with the number 0xxxxxxxxxx so from here it's different, you also see the Binance and Kucoin deposit address do they have wallet address options as I wrote above, pay attention and try to see the prefix on the wallet address, even if you send or there is an error sending, there must be a warning notification on your wallet that "wallet address is wrong", so no need to worry

magneto

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You obviously can't use the two interchangeably.

Most exchanges I think still accept the ETH version, that doesn't mean that you shouldn't check the address to see which blockchain it's on before you send it. Even though you shouldn't be able to send coins to the wrong blockchain, you still need to be careful on that off chance that somehow your wallet doesn't validate addresses before you send.

Follow each exchange's instructions careful because they may differ.

VanDeinsberg12

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Quote from: OasisDre on January 10, 2020, 09:58:31 AM

Hi guys, i detect their are two pairs of USDT, one is on ethereum blockchain and the other is on Tron network, which is the most supported on exchanges like kucoin or binance and how will i detect on exchange that it's ETH version or Tron version? Thanks

Just try to look at the deposit address that already given by the exchange site. There was a lot of differences to make sure which is the platform that already used by that. Try to use the address that you will use it to deposit or withdraw to identiy which platform that used by USDT. it's really easy to do that.

tabas

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I think the thread has already provided you the right details op so there's no need for you to worry about it. If you're worrying what chain is right, you just have to follow tips given to you.
And since it seems this thread has served the purpose, can now lock it.

key4co.in

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Quote from: OasisDre on January 10, 2020, 09:58:31 AM

Hi guys, i detect their are two pairs of USDT, one is on ethereum blockchain and the other is on Tron network, which is the most supported on exchanges like kucoin or binance and how will i detect on exchange that it's ETH version or Tron version? Thanks

When you click to deposit or withdraw USDT, you will be asked if OMNI or ERC20 or TRC20 or EOS blockchain so there is no hassle. About the trading, you only see USDT so there is no limitation with regards the particular token standard. For Binance and KUCOIN, all the various types of USDT token standards are supported.

disconnectme

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Quote from: OasisDre on January 10, 2020, 09:58:31 AM

Hi guys, i detect their are two pairs of USDT, one is on ethereum blockchain and the other is on Tron network, which is the most supported on exchanges like kucoin or binance and how will i detect on exchange that it's ETH version or Tron version? Thanks

It is very easy, when you want to deposit, the exchange is going to ask you if you are depositing Ethereum, Tron or BTC USDT tokens, all you need to do is to deposit into the right address. I like the way Tether seems to be edging its bet into different chains, lets see how things work out for them

rizkyalhabsy

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its totally at all,just because usdt have 2 or even 3 different blockchain,its doesn't mean all of them different.
if u buy usdt from that exchange,then u withdrawal it to your wallet,just choose a blockchain of usdt u needed,i guess u understand what i am saying.

tranduong123

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Quote from: OasisDre on January 10, 2020, 09:58:31 AM

Hi guys, i detect their are two pairs of USDT, one is on ethereum blockchain and the other is on Tron network, which is the most supported on exchanges like kucoin or binance and how will i detect on exchange that it's ETH version or Tron version? Thanks

There are currently three types of USDT based on the three blockchains of bitcoin, ethereum, and tron. As far as I know it will likely be on the EOS blockchain. The easiest way to identify the type of USDT that exchanges support is based on the deposit wallet address.

DDante

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USDT variant can be confusing for newbies but i think you should look into DAI stablecoin, its better and its decentralized stablecoin, not many like this in crypto space today, don't get me wrong i am not saying usdt is bad but there are better option out there

OasisDre

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Hi guys, i detect their are two pairs of USDT, one is on ethereum blockchain and the other is on Tron network, which is the most supported on exchanges like kucoin or binance and how will i detect on exchange that it's ETH version or Tron version? Thanks

Topic: Stable coin answer needed asap (Read 199 times)