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Topic: TRC 20 is secure as ERC 20 ? - page 5. (Read 780 times)

full member
Activity: 406
Merit: 103
February 24, 2021, 11:27:52 AM
#19
Yes, currently TRON Blockchain is an alternative to sending USDT between wallets or exchanges, because gas fees on the ethereum network are very expensive, so far tron blockchain there are no any problems, even the TRON network is faster and cheaper.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
February 24, 2021, 11:12:28 AM
#18
Of course, you can transfer usdt by trc-20 in easy way. Today, I transfer usdt by the way of trc-20. It is very easy and safe method. You can also store Your usdt for long term investment. The fee of transaction is very low and it is no problem at all.
Not a very fan of this stable coin, but if that's easy at it is and safe then better to start reading about this chain and maximize
the advantage between sending and storing usdt.

It's safe to review and analyze each factors that leads you to take advantage of the service, fees are very important since you
have alternative option that have much lesser deduction.
copper member
Activity: 1428
Merit: 253
February 24, 2021, 11:07:46 AM
#17
Sorry if this will offend Tron lovers out there, the difference between ethereum and Tron is big and that's why many developers hate using Tron network apart from the fact that Tron CEO is so mean to new projects running on Tron network, the only thing that Tron is good for to me is convenient transaction fee, infact this is the only reason why I keep using Tron over and over
The fact is that mainly for small transfers of USDT, many cryptocurrency users use the Thron platform and are very happy with this. But one way or another, it is erc20 that is the leader in the cryptocurrency market and the demand for the Ethereum platform among developers of very promising projects is quite high. The fact remains, and no one will argue with that.
we still see it today. indeed what you say is true that erc is still the favorite of the developers of many platforms. However, the problems faced by ethereum regarding these transaction costs could seriously harm ethereum in the future. repairs are rumored to be completed by the middle of this year. but if that does not happen I am sure there will be a move from the ethereum chain to another on a large scale.
full member
Activity: 1093
Merit: 103
February 24, 2021, 10:55:13 AM
#16
Sorry if this will offend Tron lovers out there, the difference between ethereum and Tron is big and that's why many developers hate using Tron network apart from the fact that Tron CEO is so mean to new projects running on Tron network, the only thing that Tron is good for to me is convenient transaction fee, infact this is the only reason why I keep using Tron over and over
The fact is that mainly for small transfers of USDT, many cryptocurrency users use the Thron platform and are very happy with this. But one way or another, it is erc20 that is the leader in the cryptocurrency market and the demand for the Ethereum platform among developers of very promising projects is quite high. The fact remains, and no one will argue with that.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
February 24, 2021, 10:52:33 AM
#15
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 am also a content writer or freelancer so i was getting paid in usdt mostly but as the gas fee rose it costed me a lot to receive and also send usdt but then one of my employers suggested me to get paid via trc20 usdt and that made life easy as i had to pay no fee and the usdt is the same as on erc20 so no difference in value from that day i have become a fan of tron network.
hero member
Activity: 1498
Merit: 537
February 24, 2021, 10:42:44 AM
#14
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 personally prefer TRC 20 blockchain to store my USDT because of ETH's insane amounts of fees. I regularly use my TRC20 address to do transactions with USDT and I haven't faced any negative consequence yet so I am assuring you that it is 100% safe as long as you are the one who is holding your TRC 20 address private key.
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
February 24, 2021, 10:31:19 AM
#13
I use tron blockchain to store my usdt. I use trc-20 for stort term, Because of it’s low transaction fee. I think tron is safe but eth is more secure. If you want to store usdt for long time, Then i think erc-20 is good.
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
February 24, 2021, 09:47:11 AM
#12
Sorry if this will offend Tron lovers out there, the difference between ethereum and Tron is big and that's why many developers hate using Tron network apart from the fact that Tron CEO is so mean to new projects running on Tron network, the only thing that Tron is good for to me is convenient transaction fee, infact this is the only reason why I keep using Tron over and over
full member
Activity: 546
Merit: 105
February 24, 2021, 08:45:24 AM
#11
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 ?

As far as i know, its as safe as another Blockchain if you keep the key safe. I mean its impossible to crack your passphrase to access your wallet until this time.
full member
Activity: 910
Merit: 101
February 24, 2021, 08:02:20 AM
#10
Of course, you can transfer usdt by trc-20 in easy way. Today, I transfer usdt by the way of trc-20. It is very easy and safe method. You can also store Your usdt for long term investment. The fee of transaction is very low and it is no problem at all.
Yes, nowadays almost everyone has used such a method because besides the very low cost, it is also very safe and fast when making transactions, so there will be no problem whatsoever about this.
full member
Activity: 1121
Merit: 100
February 24, 2021, 07:52:07 AM
#9
Of course, you can transfer usdt by trc-20 in easy way. Today, I transfer usdt by the way of trc-20. It is very easy and safe method. You can also store Your usdt for long term investment. The fee of transaction is very low and it is no problem at all.
sr. member
Activity: 1078
Merit: 250
February 22, 2021, 10:32:41 AM
#9
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 ?
It is very safe and I myself often use the TRC20 blockchain to store several tokens such as Tron and USDT, moreover, it is free of charge when we need to transfer as soon as possible, and the transaction speed is also quite fast in my opinion, this is what makes me always use the TRC20 blockchain until with this moment.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 22, 2021, 10:30:49 AM
#8
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.
Im still using tether TRC20 instead ERC20 and everything is always going very smoothly.
You should not feel worried as long as you will be storing it in the best wallet for tron asset.

I want to know if TRC 20 blockchain is safe to use and we can store our USDT there for long term ?
If it's not safe and how possible the total transaction and volume of tether trc20 already surpassed tether erc20

https://www.coindesk.com/tron-ethereum-tether-transaction-count-volume-data

copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
February 22, 2021, 10:14:14 AM
#7
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 think it's safe, because Tron is a project that has been around for a long time and has never had a problem, so I think you can store your USDT on Tron blockchain for the long term, because myself often use Tron blockchain to transfer USDT from exchange to another exchange and always be successful without any problem.
sr. member
Activity: 1183
Merit: 251
February 22, 2021, 10:06:25 AM
#6
Yes it's secure to store your USDT on tron wallet but you should remember you should always keep your data in a safe place. I have been using tron USDT since last year and I never face a serious problem with my funds.You should use the wallet that will give you energy because tron needs fees combined with the energy to be able to send your USDT.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
February 22, 2021, 10:03:13 AM
#5
I think tron is secure enough, though from my own perspective, not as secure or strong as Ethereum but it's definitely secure and strong enough to securely keep your money, but if I were you, I did rather opt for binance usd or usd running on stellar network, this are very good and highly secure blockchain just as Ethereum is, this is not to say tron is not capable but I personally just don't like the fact that it's not been used by many people, I like something that has been tested and trusted by many people.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
February 22, 2021, 09:40:12 AM
#4
Get trust wallet and create a Tron wallet, that's all copy your trim address into exchange and move your usdt trc20 into your wallet, it will be safer in the wallet that you own it's private key or recovery seed, do not leave your usdt on exchanges
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
February 22, 2021, 09:30:51 AM
#3
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 ?
If you store your crypto on exchanges, you should not store it for long term, in USDT on ERC 20 or TRC 20 or with any cryptocurrency. Exchanges are not safe places to store your crypto for long.

TRC 20 is safe to use. If it is unsafe, big exchanges did not integrate it into their deposit or withdrawal options.

Another note is if you are careful, you can move your USDT with TRC20 in multiple times. You know transaction fee on TRC20 is cheap or free so doing multiple transactions is not matter for you. It makes more sense when you spend a little more time to do it for your safety.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
February 22, 2021, 08:59:38 AM
#2
According to a research in the past, that Tron suffered from a critical bug that could have crashed its entire blockchain in 2019 but it was a research and proper solutions were made. I have never heard Tron blockchain suffered an attack before, it is also safe but ethereum blockchain is stronger but not that Tron blockchain is not strong, it has not being compromised before.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
February 22, 2021, 08:53:06 AM
#1
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 ?
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