What is the underlying network for USDT on Binance?

5 answers

• Dec 17, 2021 · 3 years ago
  USDT, also known as Tether, is a stablecoin that is pegged to the value of the US dollar. On Binance, USDT is issued on multiple blockchains, including Ethereum, TRON, and Omni. Each blockchain serves as the underlying network for USDT on Binance. The choice of blockchain depends on the user's preference and the specific requirements of the transaction. For example, if you want to trade USDT on Binance using the Ethereum network, you would need to select the ERC-20 version of USDT. Similarly, if you prefer the TRON network, you would need to choose the TRC-20 version of USDT. Binance provides support for USDT on various blockchains to offer users flexibility and convenience in their trading activities.
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• Dec 17, 2021 · 3 years ago
  USDT on Binance operates on different blockchains, such as Ethereum, TRON, and Omni. These blockchains serve as the underlying network for USDT transactions. The choice of blockchain depends on factors such as transaction speed, cost, and compatibility with other applications. For example, if you want faster transactions and lower fees, you might choose to use USDT on the TRON network. On the other hand, if you prefer the security and stability of the Ethereum network, you can opt for USDT on the Ethereum blockchain. Binance supports multiple blockchains to cater to the diverse needs of its users.
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• Dec 17, 2021 · 3 years ago
  USDT on Binance is issued on multiple blockchains, including Ethereum, TRON, and Omni. Each blockchain serves as the underlying network for USDT transactions. For example, if you want to deposit or withdraw USDT on Binance, you can choose the blockchain that best suits your needs. Binance provides a seamless experience for users by supporting USDT on different blockchains, allowing them to trade and transfer USDT with ease. Please note that the specific details and requirements may vary depending on the blockchain you choose to use.
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• Dec 17, 2021 · 3 years ago
  USDT on Binance is supported on various blockchains, including Ethereum, TRON, and Omni. Each blockchain acts as the underlying network for USDT transactions. The choice of blockchain depends on factors such as transaction speed, cost, and network compatibility. Binance offers users the flexibility to choose the blockchain that aligns with their preferences and requirements. Whether you prefer the efficiency of the TRON network or the robustness of the Ethereum network, Binance has you covered with multiple options for USDT transactions.
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• Dec 17, 2021 · 3 years ago
  USDT on Binance is available on different blockchains, such as Ethereum, TRON, and Omni. These blockchains serve as the underlying network for USDT transactions. By supporting multiple blockchains, Binance aims to provide users with a wide range of options and flexibility when it comes to trading and transacting with USDT. Whether you prefer the speed and scalability of TRON or the established ecosystem of Ethereum, Binance has you covered with USDT on various blockchains.
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