To meet users' multifaceted needs for stable coin trading, BitForex will support the TRC20-based USDT (which refers to USDT-TRON) launched collaboratively by TRON and Tether. At that time, BitForex will support USDT in three forms: USDT-Omni, USDT-ERC20, and USDT-TRC20 (USDT-TRON).
In the future, BitForex will also cooperate with TRON for the airdrop to USDT-TRON holders. Please stay tuned for the latest announcement for detailed notice.
- USDT-Omni is the USDT issued by Tether based on the BTC network. The currency deposit address is the BTC address; the recharge and withdrawal will be taking place on the BTC network. The protocol used by USDT-Omni is the Omni layer protocol built on the BTC blockchain network.
- USDT-ERC20 is the USDT issued by Tether based on the ETH network. Its deposit address is the ETH address and its deposit and withdrawal use the ETH network. The protocol of USDT-ERC20 is the ERC20 protocol.
- USDT-TRC20 (USDT-TRON) is the USDT issued by Tether based on the TRON network. The currency deposit address is the TRON address, and the recharge and withdrawal will be taking place on the TRON network. The USDT-TRC20(USDT-TRON) uses the TRC20 protocol.