Topic: TRC 20 is secure as ERC 20 ? - page 2. (Read 790 times)
of course TRC 20 is the best choice for storing an asset such as USDT than having to stay at ERC20 with a very high and unreasonable fee, I personally have died ERC20 and switched like TRC20 or something else
In my opinion, the TRC 20 blockchain is safe to use to store your USDT or other coins, however, if you want to store your crypto you should store it in a TRON wallet because storing USDT on TRC 20 on an exchange is not safe for the long term. therefore if you store USDT in a TRC 20 smart contract then keeping it in the TRON wallet is safer for the long term.
I want to know if TRC 20 blockchain is safe to use and we can store our USDT there for long term ?
If you keep the private key or seed phrase of your wallet safe, I think it is safe and you can store your USDT there for long term. Currently Tron blockchain is faster than Ethereum blockchain and transaction fee is much less. So why not you take advantage of this? 
So far I haven't had any problems with Tron or any altcoins on the TRC-20 network. Precisely when altcoin transaction fees have increased, now I switch to using
Tron with low fees and transaction speeds. I was actually helped by the existence of Tron. Many exchanges that accept Tron make transactions easier and I don't think it's only me who agrees that Tron actually provides benefits in the scope of transactions for now
Tron with low fees and transaction speeds. I was actually helped by the existence of Tron. Many exchanges that accept Tron make transactions easier and I don't think it's only me who agrees that Tron actually provides benefits in the scope of transactions for now
Likewise, my experience with tron is great and as per transaction I do appreciate their small amount fees which is affordable in each and every users. I do hope that in future progress of tron coin and tokens which possible to increase, there's no significant issues on higher transaction charges.
This might be the reason why most traders will avoid daily trading activities because of that.
So far I haven't had any problems with Tron or any altcoins on the TRC-20 network.
Good to hear that you are able to use this alernatives and you are not having any concern issues with this chain.
Precisely when altcoin transaction fees have increased, now I switch to using Tron with low fees and transaction speeds.
The very best offer when things went crazy with ERC base transactions, this alternative system gives traders
a breathing.
I was actually helped by the existence of Tron. Many exchanges that accept Tron make transactions easier and I don't think it's only me who agrees that Tron actually provides benefits in the scope of transactions for now
For most traders who already enjoying the benefits for using this chain, they are really enjoying the existence
of this project.
Today Ethereum is very expensive for transferring small transactions and therefore Tron is a way out of the situation for me. Hopefully in the summer, transactions on the Ethereum network will become cheaper than now and I will stop using TRC 20.
I guess yes it's like the same as ERC20 so this TRC20 USDT is definitely safe.. safe to store your funds in the long term but make sure you will not share the mnemonic seed of the Tron wallet that you use.
Why do people want to store usdt for a long term? I don't get it.If you mentioning the network. Then you right, there's no serious trouble on tron network has been announced. And the growing ecosystem and assets on tron blockchain is proving it.
safe to store your funds in the long term but make sure you will not share the mnemonic seed of the Tron wallet that you use.
The mechanism that already used by any blockchain to issue the new wallet through generate the mnemonic or privekey is almost the same but the only make it different is the wallet hash. The key point should be how smart people to store their sensitive data to the safest place. Any blockchain is secure as long as people can be a very smart person to store their data.
TRC is not even having a lot of different with ERC
I guess yes it's like the same as ERC20 so this TRC20 USDT is definitely safe.. safe to store your funds in the long term but make sure you will not share the mnemonic seed of the Tron wallet that you use.
So far I haven't had any problems with Tron or any altcoins on the TRC-20 network. Precisely when altcoin transaction fees have increased, now I switch to using
Tron with low fees and transaction speeds. I was actually helped by the existence of Tron. Many exchanges that accept Tron make transactions easier and I don't think it's only me who agrees that Tron actually provides benefits in the scope of transactions for now
Tron with low fees and transaction speeds. I was actually helped by the existence of Tron. Many exchanges that accept Tron make transactions easier and I don't think it's only me who agrees that Tron actually provides benefits in the scope of transactions for now
I want to transfer USDT from one address to another. ERC20 detucts a lot of fee but TRC 20 on tron network, the transaction is free of cost.
I want to know if TRC 20 blockchain is safe to use and we can store our USDT there for long term ?
I want to know if TRC 20 blockchain is safe to use and we can store our USDT there for long term ?
Yes, there's always a secure access that this platform provided to every users who's able to use their wallet. Same with erc20, you can't access the wallet without memonic phrase or strong private keys combination which is required prior access on your holdings. This coin is potentially growing right now, because more eth users is now starting to divert with tron wallet due to cheaper transaction fees.
I think ERC20 Wallet is safe most merchants use ERC20 Wallet to securely exchange tokens this wallet is needed to bounty.
ERC20 Wallet is not the only thing you need to participate in the bounty. Many project owners are now using other wallets or their own blockchain as the ERC20 transaction fee has increased a lot. Some campaigns even take ERC20 Wallet but they want another Wallet at the time of distribution. As long as you have the private key of the wallet, all the wallets are safe. 
I have been using TRC 20 for quite some time now and up to this point i have not had any problems but using usdt as a way of storing for a long time isn't the best idea. The price once fell to 70 cents per coin who knows what might happen in the future...
It's still a good stable coin to be used to store our value for long time. At that time the drop on USDT caused by a flash dump by the big USDT holders while there's no enough volume in the market. TRC USDT can become the best alternative to send our USDT anywhere consider the fees was only a few cents for a single transaction.
A few year has been passed since the time the price of USDT fell but it's very stable right now.
TRC20 is very secure and good to use especially in storing your funds as USDT of its chain because of low transaction fees. high fees is killing on the ERC20 chain which is why majority is finding an alternative to it by using TRC20. instead of storing your funds on exchanges, simply covert to USDT nd withdraw as TRC20 USDT to your personal wallet. you can transfer it anytime you feel like trading.
I have been using TRC 20 for quite some time now and up to this point i have not had any problems but using usdt as a way of storing for a long time isn't the best idea. The price once fell to 70 cents per coin who knows what might happen in the future...
As much as I hate Tether,,, I would actually prefer to store my value in USDT more than in TRON. Both are equally centralized but TRON probably has much less security and if something was to happen to TRON, it would go under and no one would save it. USDT is too big to be allowed to fail, in a sense.
I have kept the USDT in my Tron wallet and it looks safe until now.
Low fees are great for us to choose from, I always use the TRC 20 network to send USDT from the exchange to the Tron wallet, nothing to worry about but keep private keys safe
Indeed, the real fact is "Not your keys, Not your Crypto" and anyone can use any blockchain to make transection of USDT by using any wallet based on the chosen blockchain if private key is safe and secure. But it's true that tron based USDT has less fee than ethereum based USDT and that's why everyone using tron based USDT from exchange to wallet or exchange if that exchange support that. Also, it don't secure tron more than ethereum for having lower fees, IMO. Low fees are great for us to choose from, I always use the TRC 20 network to send USDT from the exchange to the Tron wallet, nothing to worry about but keep private keys safe
I think ERC20 Wallet is safe most merchants use ERC20 Wallet to securely exchange tokens this wallet is needed to bounty. But now everyone is exchanging using TRC 20 to increase the amount of fees the fee is very low and can be easily converted.
I have kept the USDT in my Tron wallet and it looks safe until now.
Low fees are great for us to choose from, I always use the TRC 20 network to send USDT from the exchange to the Tron wallet, nothing to worry about but keep private keys safe
Yes, it has also been done by many others including me too, because the Tron wallet is clearly very safe to use and has very low costs when we move our assets to another place, only Tron wallet support for new tokens still very few, only for a few old tokens that can be supported and one of them is USDT. Low fees are great for us to choose from, I always use the TRC 20 network to send USDT from the exchange to the Tron wallet, nothing to worry about but keep private keys safe
trc20 is safe to use for longterm but dont keep your money on exchange for security, because we dont know how long or that exchange will still safe for longtime its better to save your coin in your own wallet or you can use wallet like trustwallet,safepal,math,or any wallet that you has access to private key.
I have kept the USDT in my Tron wallet and it looks safe until now.
Low fees are great for us to choose from, I always use the TRC 20 network to send USDT from the exchange to the Tron wallet, nothing to worry about but keep private keys safe
This is the best thing with TRC 20, the network is a lot more cheaper compare to ERC 20 that's why many are using this one.Low fees are great for us to choose from, I always use the TRC 20 network to send USDT from the exchange to the Tron wallet, nothing to worry about but keep private keys safe
This is safe as long as you are protecting your wallet, and its secured as well same thing with ERC 20.
Though, TRC 20 are quiet limited compare to ERC 20, I still prefer to use the cheaper one, just check every transactions that you have and make sure you have the correct information.
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