To enhance the user experience, as well as to meet the needs of USDT deposit/withdrawal with cheap fees and fast time. From 25/02/2021 Nami officially supports USDT trading on TRC-20 platform.
What is USDT TRC-20?
Tether (USDT) TRC-20 is a token standard issued on TRON Blockchain Smart contracts.
Outstanding advantages of USDT on the TRC-20 platform
How to distinguish USDT ERC-20 and USDT TRC-20
The classification is quite simple, each different USDT has a different wallet address. You need to pay attention to send the correct wallet address to avoid the wrong blockchain transaction leading to loss of assets. USDT – ERC20 wallet address always starts with “0x” while USDT – TRC20 wallet address always starts with “T”.
Below are examples of the two types of wallet addresses above:
USDT – ERC20 Wallet: 0xc43b0367efd369d08d5d1c00e5d09cf0d978abc1
USDT – TRC20 Wallet: TXUeUHPOImhqiqCCxvSH7ygVHzSKKUuaDsP
How to trade USDT TRC-20 on Nami Exchange
Currently Nami Exchange is supporting both USDT on the ERC-20 and TRC-20 platforms. These two protocols will only involve the USDT deposit/withdrawal features. Both tokens can be used for spot trading as usual.
Note: Deposit address of some tokens might change over time. User need to verify the deposit address everytime to make the deposit success.