Author

Topic: TRC 20 is secure as ERC 20 ? (Read 780 times)

sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
March 15, 2021, 11:47:03 AM
#99
Sending using TRC20 have lower fees commission than use ERC20 because many impact with higher fees, both platform keep secure just depending with fees only and how transaction faster or not, but I think almost sender using TRC20 as platform with lower fees transaction and wanna make sending looks faster.
full member
Activity: 686
Merit: 103
www.fintropy.io
March 14, 2021, 03:37:48 PM
#98
I totally agree that TRC20 USDT offers zero commission. But this does not mean that Tron is the only option that should be used. This is easily explained by the fact that Tron is very little used and for this reason there are no fees on the network. Ethereum is the most demanded blockchain in the history of cryptocurrency and that is why it is so expensive. If Tron could compete with ETH, then I am sure that its commissions would not be zero. But it seems to me that popularity has nothing to do with safety.
full member
Activity: 490
Merit: 107
March 14, 2021, 02:53:17 PM
#97
Is safe as long as you keep the wallet key safely.
I never know that someone can attack or brute force personal wallet, but it isnt impossible for the blockchain to be attacked even its hard to do.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
March 14, 2021, 12:28:58 PM
#96
TRC-20 blockchain network is as secured as using the ERC-20 blockchain network there are all blockchain networks so it's very safe, making transactions in USDT people prefer using the TRC-20 network because it more cheaper in terms of transaction fees and in most exchanges there is no transaction fees applied to the TRC-20 network, while making transactions with USDT under ERC-20 network is much expensive so its better to use the TRC-20 network it's very safe and even more faster.

You nailed it, using this as alternative way provides benefits. Since both use blockchain system security still intact while the advantage is the cheaper fees. Good thing that it was introduce and traders are now beginning to realize this advantage and start getting to know more about this process to also enjoy those benefits that this chain are providing.

Take time to sit and research, both works inside blockchain and the offer of this system is very known.

full member
Activity: 966
Merit: 102
March 14, 2021, 11:34:39 AM
#95
TRON's blockchain is secure enough because Tether is released on this Blockchain.  In terms of Decentralized, Ethereum seems to be superior, but in terms of transaction costs, transactions on TRON's Blockchain are more economical and faster than Ethereum's blockchain.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
March 14, 2021, 11:00:31 AM
#94
I Have answered this question before. but I just want to add, I have often used the TRC 20 network from the TRON network in sending funds from one platform to another Platform. and so far there has never been a problem. but I never kept the USDT 20, except for trade transactions

So where do you store your USDT ?  In TRC20 wallet or ERC20 wallet ?

For most people, it does not matter which chain you are using because both of the are secure and i never heard any mishap happening in both. Mostly people use TRC20 because of its zero fee.
member
Activity: 601
Merit: 10
Artemis
March 14, 2021, 10:06:36 AM
#93
I Have answered this question before. but I just want to add, I have often used the TRC 20 network from the TRON network in sending funds from one platform to another Platform. and so far there has never been a problem. but I never kept the USDT 20, except for trade transactions
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
March 14, 2021, 09:28:42 AM
#92
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 TRC address have use the same platform for sending with using TRC20 address to and have cheap fees payment because depend with trx platform, but if you wanna sent your usdt coin with erc20 platform you must ready deduct your coin more than 10$ each transaction, I never use erc20 as my usdt coin for sending, always use usdt trc for send to wallet but now any exchange have deduct fees 1$ each transaction sending.
full member
Activity: 784
Merit: 100
March 14, 2021, 09:21:00 AM
#91
TRC-20 blockchain network is as secured as using the ERC-20 blockchain network there are all blockchain networks so it's very safe, making transactions in USDT people prefer using the TRC-20 network because it more cheaper in terms of transaction fees and in most exchanges there is no transaction fees applied to the TRC-20 network, while making transactions with USDT under ERC-20 network is much expensive so its better to use the TRC-20 network it's very safe and even more faster.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
March 14, 2021, 12:18:12 AM
#90
Why does this question arise? In fact, it is the same blockchain as Ethereum, just different technologies, the Trona network is as secure as Ethereum.
There are many aspects that could differentiate each blockchain and security is definitely not out of concern, just like tron is already PoS meanwhile ETH is still trying to transition from PoW to PoS but got tackled by the miners etc.
But tron is definitely secure enough, though PoW blockchain usually are more secure.
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
March 13, 2021, 10:40:08 PM
#89
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 ?

Am just a little surprised to read your post to be honest,  people have been holding their trx for as long as since 2017 using tron wallet under tron network and nothing happened,  I don't know why you would think something would happen though,
I use trc usdt to store some funds in binance although not for such a long period, I believe it is safe but you should know no network is 100% , perhaps you can use btc to store your funds long term.
full member
Activity: 1050
Merit: 103
BIB Exchange
March 13, 2021, 05:54:19 PM
#88
Why does this question arise? In fact, it is the same blockchain as Ethereum, just different technologies, the Trona network is as secure as Ethereum.
sr. member
Activity: 448
Merit: 251
Futurov
March 13, 2021, 03:56:28 AM
#87
I havent tried a TRC20 wallet before. Im more on ERC20 because it is already tried and tested several times without any errors in transaction. Though in ERC20, fees are quite high. I saw the replies in this thread say that TRC20 has much more lower fees which is what i really need to be cost efficient in transactions. Maybe I'll give it a shot in the future. Regarding your question if TRC20 is safe to use, I've done some research and most of the articles that I found stated that TRC20 wallet is safe, as long as you dont share your personal information.
full member
Activity: 812
Merit: 126
March 13, 2021, 12:56:29 AM
#86
I read a post before I just can't remember where, but it says there is security issue found in TRON Network but that was a long time ago. So I'm a bit scared when I started to use it to store few USDT to have lesser fees. But for months now of using Tron Network I can say it's safe and is much more convenient to use.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
March 13, 2021, 12:17:52 AM
#85
This is not how safe it is, but it depends on how well your property is protected. I use TRC20 regularly to convert USDT, and it is perfect, so to say a lot better than ERC20. The fee is low and fast, but many newbies may not be aware of this yet, I recommend it.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 13, 2021, 12:05:48 AM
#84
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.
Everyone who uses any wallet will not share his wallet private key or mnemonic seed from their wallet, unless he is a fool who does not care about himself, and for ERC20 with TRC20 basically the two are not the same, because they are different platforms, so both are often chosen by tokens that have been used very much like USDT, so they can be very safe to store in any wallet because the token stored is USDT, and another difference from this is that the cost of sending from the ERC20 platform to the TRC20 platform is very far away.
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
March 12, 2021, 08:09:58 PM
#83
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 ?

both trc20 and erc20 is good and safe to store with. erc20 has been excellent in the digital currency ,no doubt ethereum is super legit and you can store erc20 compatible with high security. Tron(trc20) is good also ,im using both trc20 and erc20 and it is safe to say that both is secured and safe to store your funds/investments..
legendary
Activity: 2030
Merit: 1189
March 12, 2021, 05:37:57 PM
#82
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' = yes, it is safe to transfer USDT via TRC 20 blockchain as there is no fee involved in the transfer so it works out cheaper than using ERC20. I can say it's safe - I've done it many times before. You just need to ensure that the receiving address accepts TRC20.


I'm not sure what you mean by storing USDT on TRC20 for long term, I'm afraid for me at least you'll need to elaborate a little more so I can understand what it is you're asking.
full member
Activity: 1526
Merit: 110
March 12, 2021, 03:55:23 PM
#81
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 there are three networks for storing USDT such as ERC20, TRC20 and OMNI. Of these, the USDT transaction fee is the lowest in the TRC20 blockchain and I think it is safe. Another blockchain will deduct $20-30 per transaction. So if one wants to do a small amount of USDT transaction then there is no alternative to TRC20 blockchain.
copper member
Activity: 1428
Merit: 253
March 12, 2021, 09:30:24 AM
#80
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
Currently, many are concerned about ERC20 transaction fees. what can be bad is when there will be lots of people who think the same as you. every trader and investor turned to other more friendly networks. obviously, this will affect the use of the ethereum platform.
but if you have to choose TRC or ERC, actually I myself still like ERC if I don't see the problems that occur with ethereum transaction fees.
I think the adoption of ERC is still greater than the use of the TRC network to date. Even though there is a fee problem, I think ERC is still quite dominant.
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
March 12, 2021, 09:23:02 AM
#79
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
jr. member
Activity: 652
Merit: 6
March 12, 2021, 08:50:22 AM
#78
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.
member
Activity: 364
Merit: 12
March 12, 2021, 08:47:23 AM
#77
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?
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
March 12, 2021, 08:22:35 AM
#76
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

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.
hero member
Activity: 2128
Merit: 520
March 12, 2021, 08:16:25 AM
#75
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.
hero member
Activity: 2520
Merit: 711
March 12, 2021, 08:02:02 AM
#74
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.
hero member
Activity: 910
Merit: 525
March 12, 2021, 07:40:05 AM
#73
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.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
March 12, 2021, 07:34:38 AM
#72
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
full member
Activity: 1344
Merit: 102
March 12, 2021, 07:00:52 AM
#71
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.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
March 12, 2021, 05:57:16 AM
#70
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
sr. member
Activity: 658
Merit: 250
March 12, 2021, 05:12:53 AM
#69
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 ?

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.
sr. member
Activity: 1582
Merit: 264
Next Generation Web3 Casino
March 12, 2021, 05:06:09 AM
#68
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.
legendary
Activity: 3108
Merit: 1029
March 11, 2021, 06:31:45 PM
#67
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.
full member
Activity: 896
Merit: 115
March 10, 2021, 08:56:09 AM
#66
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.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
March 10, 2021, 05:11:24 AM
#65
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.
sr. member
Activity: 1456
Merit: 280
BitByte Crypto: https://link3.to/bitbytecrypto
March 10, 2021, 03:12:06 AM
#64
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.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 10, 2021, 02:38:09 AM
#63
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.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 10, 2021, 01:41:51 AM
#62
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.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
March 10, 2021, 01:05:33 AM
#61
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.
full member
Activity: 2086
Merit: 193
March 10, 2021, 12:29:01 AM
#60
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.
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.
member
Activity: 744
Merit: 10
Syntrum.com
March 10, 2021, 12:23:44 AM
#59
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
sr. member
Activity: 1190
Merit: 251
March 10, 2021, 12:09:25 AM
#58
Why does tether and usdc and all these other coins do this?  I had never used usdt or usdc but if you send from one network to another, it won't go through?  I mean, how does that make sense?  I mean its not okay you sending btc address to bch address etc.  If that is the case, wouldn't that mean lot of time ppl send usdt or usdc... it gets lost because its sent to wrong network?
Hopefully you don't forget to drink coffee today, in the crypto room everything is set correctly, you just have to run it according to the existing procedure, not like a dream that you would expect to come true, logically sending with different networks and types different tokens, will obviously fail, so stop thinking about nonsense.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
March 10, 2021, 12:04:30 AM
#57
These blockchain are working for some years now and there are no known exploits on the blockchain itself. In that sense, TRC20 should be as secure as ERC20. But things differentiate on how individual tokens or smart contract work. And what special privilege the team or the nodes have. It's not the blockchain that controls the smart contract or economics of a token.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
March 09, 2021, 11:58:17 PM
#56
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...

Do you mean usdt ever fell to 70 cents per coin? that sounds unbelievable tbh and considering many people out there always trying to get some profit from margin between many exchanges price it's impossible and if even that's true the price gonna go back up to its normal price again which is 1USD. Maybe that's just a chart error on your end?
copper member
Activity: 1428
Merit: 253
March 09, 2021, 11:57:45 PM
#55
I want to know if TRC 20 blockchain is safe to use?
It is secure, I have transferred USDT many times with the TRC20 network, I never got any problems. If it is not secure enough, the top exchange like Binance won't provide it as one of the options of the network for withdrawal or transfer coins. Just use TRC20 as long as it is free or cheap, I guess the fees will increase in the future along with more people use it.

some of the major exchanges do have USDT listed on the TRC20 network. and of course, some would have argued about the lower cost.
both of them are still safe for transactions. we just want to use which network is more convenient. with high costs but if we can afford it I think there is no problem.
full member
Activity: 1750
Merit: 186
March 09, 2021, 10:33:14 PM
#54
Why does tether and usdc and all these other coins do this?  I had never used usdt or usdc but if you send from one network to another, it won't go through?  I mean, how does that make sense?  I mean its not okay you sending btc address to bch address etc.  If that is the case, wouldn't that mean lot of time ppl send usdt or usdc... it gets lost because its sent to wrong network?
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
March 09, 2021, 12:03:46 PM
#53
(1) TRON uses POS while ETH uses PoW (at least at the moment). Therefore the security is related to the consensus POS vs. POW that you can google more about it.
(2) TRC/ERC is as secure as its smart contract code, so it isn't easy to generalize tokens' security.

Anyway, if you use it only for the short term (moving USDT and stuff), security isn't your main concern.
sr. member
Activity: 1064
Merit: 300
March 09, 2021, 11:38:34 AM
#52
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...
full member
Activity: 896
Merit: 100
March 09, 2021, 09:00:14 AM
#51
it is actually the best way to transfer USDT from one exchange to another, or from a wallet to another wallet, fast and low cost transfer
with all said, I would not stuck many USDT on Tron network, it is not decentralized and security issues are not negligible there, so keep it fast and clean, with transfer to Ethereum network for security in the end
Are you sure you are transferring USDT on the ethereum network from exchange to exchange?
try to see how much it costs at the moment. Tron network for USDT is also widely available on exchanges and it is the best alternative that many traders use to move their assets.
In a single USDT withdrawal transaction on the ethereum network you will need at least almost $ 20 (each exchange has a different value). Are you sure you are wasting your money on it?
full member
Activity: 1498
Merit: 146
March 09, 2021, 08:56:48 AM
#50
Before transferring you USDT to an tron network you need to swap USDT from ETH network to TRON network which is basically selling your USDT and buying back on tron network, you can send USDT running on ERC20 to a TRON wallet.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
March 09, 2021, 08:22:51 AM
#49
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 ?
No need to store your USDT there for long term just for transaction cost. It is safe to transfer your USDT to TRC 20 (Tron) blockchain. The cost of TRC-20 USDT transaction is very low and can be withdrawn completely free from some exchanges like Binance, Kucoin etc. I often withdraw my asset by converting it to TRC-20 USDT.

it is actually the best way to transfer USDT from one exchange to another, or from a wallet to another wallet, fast and low cost transfer
with all said, I would not stuck many USDT on Tron network, it is not decentralized and security issues are not negligible there, so keep it fast and clean, with transfer to Ethereum network for security in the end
member
Activity: 1260
Merit: 21
March 08, 2021, 09:42:42 PM
#48
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 recently made some transaction which was going to cost me a lot using ERC20 and I have to use the TRC20 instead since the two platform have both options and one other transaction I couldnt do because it was only ERC20 transaction offer and the cost was also very high so I had to live that one and I believe the blockchain is just as safe as ERC20 and will prefer to use that now for obvious reasons  Grin
legendary
Activity: 2618
Merit: 1105
March 08, 2021, 06:59:10 PM
#47
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 ?

FYI, if you are doing an exchange to exchange transfer, then you are just using Tron's chain from many different Blockchains offered on your exchange platform and that will not make any difference because your USDT will remain normal USDT in other exchange's account and you or other person who holds that exchange account can use any Blockchain to send USDT ahead to any user. If you are sending it to a wallet, then too, tronlink wallet is a secure wallet so you should not worry about the security.
jr. member
Activity: 100
Merit: 1
March 08, 2021, 06:46:51 PM
#46
Though to me I prefer Trc20 because of the low transaction fee, the interesting part of it, is that once a transaction is been there is also fast delivery. So erc20 is good am not disputing the fact, I prefer trc20
full member
Activity: 422
Merit: 103
Futurov
March 08, 2021, 06:43:14 PM
#45
I personally don't use trc20 that is why I only based on the reviews of other people. According to them, the security and conveniency are more way better in erc 20 compare to trc 20. Also the credibility of erc 20 are already built in the market so it is a huge advantage to it.
member
Activity: 601
Merit: 10
Artemis
March 08, 2021, 03:44:34 PM
#44
Transferring funds using TRON-based USDT is indeed the right choice. because besides the small cost when transacting, it is also very fast. I have used it many times and I feel safe
legendary
Activity: 2086
Merit: 1058
March 08, 2021, 02:34:49 PM
#43
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 you can safely do that and while Tron blockchain isn't as famous as Ethereum so it doesn't bring the same trust as Ethereum blockchain but it should be good because Tron itself has a good market cap and I personally have used it countless times, never had any issues myself.

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.
Exactly, in fact when I am trading at Binance, I deposit the USDT by Tron only and once its into my balance on Binance, I have no fear of anything wrong happening because it has been confirmed and hence into my balance.

I would really hope more and more sites accept USDT on tron blockchain because like I sometimes play at bitsler, they accept USDT but only on the ethereum blockchain, I hope they realize and shift soon.
full member
Activity: 854
Merit: 101
February 28, 2021, 05:30:35 PM
#42
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 don't have a 100% information about in TRC20 but so far as I can see with TRX it is one of the good and have cheap charge
when you do a transaction with it. Because no doubt at the present time now the fee for the ETH(ERC20) was certainly too
expensive. In short both are safe only their difference is the transaction fee.
member
Activity: 252
Merit: 11
February 28, 2021, 05:29:06 PM
#41
TRC-20 is a very comfortable token standart and it`s absolutely safe. Tron blockchain is a good way out from the situation with crazy fees in the Ethereum blockchain. If you have own non-custodial wallet, then it`s quite safe to keep money there, but holding on the exchange always has some risks, so be careful.
legendary
Activity: 2982
Merit: 1485
February 28, 2021, 05:00:20 PM
#40
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 ?

On a scale of 1 to 10, I'd give TRC20 network 5. It's safe and easy to use, almost no transaction fee now but we don't know what will happen in long term. I'd give BSC network 6 and ETH network 7. I'm using all of them and had no problem at all. I cannot guarantee for the future though.
I should also mention I don't trust any stablecoin in the long term. They are just useful for staying in USD bankless until I buy another crypto-currency. Definitely not a good idea to hold a stablecoin as a store of value.
member
Activity: 176
Merit: 17
February 28, 2021, 04:06:33 PM
#39
tron is adequately secure, however from my own point of view, not as secure or solid as Ethereum but rather it's unquestionably secure and sufficiently able to safely keep your cash, yet on the off chance that I were you, I did rather select binance usd or usd running on heavenly organization, this are excellent and profoundly secure blockchain similarly as Ethereum is, this isn't to say tron isn't skilled yet I for one don't care for the way that it's not been utilized by numerous individuals, I like something that has been tried and trusted by numerous individuals.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
February 28, 2021, 06:37:22 AM
#38
As long as i know, there is no network more secured then ERC20 now, but it is too expensive. Why erc20 moee secure ? Because it has been hacked so mny times and TRC20 never getting hacked so no improvement in security. Erc20 also has many nodes keeping the security of it, TRC20 more less.


If we're talking which blockchain network is more secure then the answer is BTC because it has no intention of switching into PoS and PoW by far is really secure.
However TRC20 doesn't get hacked as often doesn't mean it's lacking in security and untested. They could analyze the ERC20 hacking and implement additional security to the blockchain even before the hacking occurs. It's really hard though to decide which one more secured when we don't really know how much exploit left not yet discovered out there.
sr. member
Activity: 2030
Merit: 356
February 28, 2021, 06:18:12 AM
#37
As long as i know, there is no network more secured then ERC20 now, but it is too expensive. Why erc20 moee secure ? Because it has been hacked so mny times and TRC20 never getting hacked so no improvement in security. Erc20 also has many nodes keeping the security of it, TRC20 more less.

You mean that erc20 is hacked many times and trc20 has never been hacked  or you wanted to say another way around ? I think both of them are secure therefore you see lots of USDT being transferred through TRC20.
hero member
Activity: 1246
Merit: 502
February 27, 2021, 03:13:37 PM
#36
As long as i know, there is no network more secured then ERC20 now, but it is too expensive. Why erc20 moee secure ? Because it has been hacked so mny times and TRC20 never getting hacked so no improvement in security. Erc20 also has many nodes keeping the security of it, TRC20 more less.
full member
Activity: 1204
Merit: 162
February 26, 2021, 01:53:35 PM
#35
when viewed in terms of quality, of course, TRC 20 is very safe to store assets moreover it is USDT Of course sending USDT with the TRC 20 network is free of large fees meanwhile, if you use an  ERC20, fee big only one transaction, I am more comfortable using TRC20 than having to use ERC20 now
I have been in this space for couple of years and didn't use trc20 until now. With the fees on erc20 I use tron to transfer funds and i have a good experience with it. Fast and cheap no problems until now.
full member
Activity: 600
Merit: 100
SAPG Pre-Sale Live on Uniswap!
February 26, 2021, 01:47:06 PM
#34
when viewed in terms of quality, of course, TRC 20 is very safe to store assets moreover it is USDT Of course sending USDT with the TRC 20 network is free of large fees meanwhile, if you use an  ERC20, fee big only one transaction, I am more comfortable using TRC20 than having to use ERC20 now
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
February 26, 2021, 01:42:26 PM
#33
very safe buddy, TRC20 is a replacement for erc20, many people switch to trc20 or BSC because the cost is very cheap.  erc20 transaction fees are insane so many people leave the erc20 network and switch to the BSC network.
This is the case recently. It's no longer fun to send transactions off ERC20 tokens and ETH network because of the fee. If you have another choice to have such as TRC20 for USDT and you want to save fees, you can give it a try for you to avoid too many fees.
It is the reason why we have several choices for us to experiment and which is going to help us save more in fees.
I honestly don't have any security issues with my transaction on ERC20 tokens and TRC20 in the past few years but one of the disadvantages of ERC20 like you said is the expensive transaction fees and the transaction confirmation time which can be a very big hindrance in transferring token. I am considerate with the fees now and I am more in favor of TRC20 tokens for my daily transactions.
We do are thinking of the fees because it's not that normal anymore. Unlike before the bull run, we're free to send as much as we can and there's no complaint about the fees because they were acceptable during those times. But this time, it's not normal anymore and those fees can be a big addition to our balances but instead of saving it, we have no choice if we're in need to send it and just ignore the feeling that we have to pay that much.
copper member
Activity: 1120
Merit: 2
February 26, 2021, 08:58:57 AM
#32
What I saw in my little knowledge That is, you can send USDT  from Tron Wallet to Tron Wallet, in which case the fee is much less.However, it can not be sent to another wallet. There is a possibility that the token will be lost.
sr. member
Activity: 1918
Merit: 370
February 25, 2021, 05:49:10 PM
#31
TRC-20 is not as used as ERC-20 because of a critical bug that happened to the system last 2019. People are afraid of it happening again and so prompted to choose ERC-20 as such event hasn't happened yet to it. In terms of security however there's not much difference between the two. It's just a Pepsi-Cocacola type of thing that happened between the two.
sr. member
Activity: 1666
Merit: 268
February 25, 2021, 05:28:20 PM
#30
So far, I use TRC20 and have never experienced security related problems, TRC20 for me is quite safe to use, but the weakness of TRC20 is
that it is less popular than ERC20. So there are not many exchanges and wallets that support TRC20, while ERC20 is everywhere. Therefore
I still use ERC20 more often than TRC20, although ERC20 transaction fees are very expensive at present. It still takes a long time for TRC20
to make ERC20 users switch all to using TRC20.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 25, 2021, 05:15:30 PM
#29
very safe buddy, TRC20 is a replacement for erc20, many people switch to trc20 or BSC because the cost is very cheap.  erc20 transaction fees are insane so many people leave the erc20 network and switch to the BSC network.
This is the case recently. It's no longer fun to send transactions off ERC20 tokens and ETH network because of the fee. If you have another choice to have such as TRC20 for USDT and you want to save fees, you can give it a try for you to avoid too many fees.
It is the reason why we have several choices for us to experiment and which is going to help us save more in fees.
I honestly don't have any security issues with my transaction on ERC20 tokens and TRC20 in the past few years but one of the disadvantages of ERC20 like you said is the expensive transaction fees and the transaction confirmation time which can be a very big hindrance in transferring token. I am considerate with the fees now and I am more in favor of TRC20 tokens for my daily transactions.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
February 25, 2021, 04:54:24 PM
#28
very safe buddy, TRC20 is a replacement for erc20, many people switch to trc20 or BSC because the cost is very cheap.  erc20 transaction fees are insane so many people leave the erc20 network and switch to the BSC network.
This is the case recently. It's no longer fun to send transactions off ERC20 tokens and ETH network because of the fee. If you have another choice to have such as TRC20 for USDT and you want to save fees, you can give it a try for you to avoid too many fees.
It is the reason why we have several choices for us to experiment and which is going to help us save more in fees.
sr. member
Activity: 1484
Merit: 253
February 25, 2021, 04:48:08 PM
#27
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 ?

Thinking about the safety on trc20, I don't have any problems encountered on their site and transactions made from them went smooth successfully. That's up to your decision if you choose tron network or ethereum, because in cryptocurrency the convenient ways should be followed. Long term is always better to use, but always have a backup on all of your asset holdings to avoid losing it all.
sr. member
Activity: 2338
Merit: 365
February 25, 2021, 04:02:37 PM
#26
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 use Tron, I don't have any problems...
even bad news was seldom heard on Tron. I believe that Tron is one of the safest crypto coins in the world, security is high enough. *do not hesitate to hodl usdt on your bag
legendary
Activity: 2212
Merit: 1008
February 25, 2021, 03:18:41 PM
#25
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 a lot of people use this saving method in order to save on Ethereum fees. I also have been doing this lately because I can't find any other way out. Because paying fees on the Ethereum network is not profitable for me.

While Ethereum is in no hurry to take a step forward, the developers announce the creation of TRON DeFi with a diverse JUST ecosystem, with fast and cheap transactions, unlike Ethereum, as well as the release of a new TRC20-USDT coin with a capitalization of 7 billion.
full member
Activity: 795
Merit: 108
February 25, 2021, 12:41:10 AM
#24
I think TRC 20 it's pretty safe. Because, decentralized wallet, local storage of private key, physical insulation, multi-layer algorithm encryption - ensuring data security. I get information on the website. In essence, while you are in control of your TRC 20 wallet, it is very safe. So you are free to use it.
member
Activity: 251
Merit: 10
BIB Exchange
February 24, 2021, 12:38:08 PM
#23
Trc-20 is much more secure and it is easy to use. If we think about the gas fee then Trc-20 is the best option to use. Transaction speed of Trc-20 network is also so fast.
sr. member
Activity: 1218
Merit: 279
February 24, 2021, 12:33:10 PM
#22
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 ?
AFAIK, Tron network transfer charge is no longer free on Binance exchange and so for that reason, I think the demand for using the USDT_TRC20 blockchain is increasing rapidly, because of that, Binance increased the withdrawal charge from 0 to $0.2 what do you think of that, isn't it a process of safe blockchain?, I think you should go on and make use of it.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
February 24, 2021, 12:01:08 PM
#21
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 ?
According to my experience tron is not only secure but very smooth and im not saying this just to shill but this is just how i felt using it especially usdt users should use trc20 one atleast till time eth resolves its high gas issue.
sr. member
Activity: 1750
Merit: 267
February 24, 2021, 11:40:24 AM
#20
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 personally using TRC-20 and it is super fast and smooth. Fees is also very low if we compare with ERC-20. Most of the exchanger accept TRC-20 because it is trusted and secure. You can also try it to store your USDT.
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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