The appeal of low transaction fees in cryptocurrency cannot be overstated, especially for cost-conscious users. Among the top choices for affordable and efficient transactions is TRC20, a blockchain standard that offers minimal fees and rapid processing. Before diving into TRC20, let’s first explore its originator—the TRON network.
What Is TRON?
TRON is a Blockchain network founded by Justin Sun, designed to prioritize decentralized entertainment over profit. Its mission is to empower developers through Decentralized Applications (DApps), enabling unlimited content sharing (videos, audio, images, etc.) via its blockchain infrastructure. This vision led to the creation of TRC20.
What Is TRC20?
TRC20 is a Smart Contract protocol on TRON’s Blockchain, allowing developers to:
- Create custom tokens.
- Define core functions (e.g., supply, transfers).
TRC20 vs. ERC20: Key Advantages
| Feature | TRC20 | ERC20 |
|---|---|---|
| Fee | ~$1 per transaction | ~$15 per transaction |
| Speed | Faster | Slower |
| Compatibility | Works with ERC20 | N/A |
Example: Transferring USDT via TRC20 costs just $1, compared to $15 via ERC20 (e.g., on Satang Pro). TRC20 also supports tokens like BTT, TRX, and WIN.
Benefits of TRC20
- Easy Token Creation: Simplifies token development.
- ERC20 Compatibility: Seamless integration with Ethereum’s standard.
- Fraud-Proof Smart Contracts: Decentralized and tamper-resistant.
- Low Cost & High Speed: Ideal for frequent transactions.
- High Liquidity: Widely adopted across exchanges.
How to Use TRC20 for Transfers (Satang Pro Example)
Depositing Tokens:
- Click Deposit Coin.
- Select a TRC20-compatible token (e.g., USDT).
- Choose TRC20 Network, then paste/scan the wallet address.
Withdrawing Tokens:
- Click Withdraw Coin.
- Enter the TRC20 wallet address of your destination.
FAQs
Q1: Is TRC20 secure?
Yes, its smart contracts are decentralized and auditable.
Q2: Which tokens use TRC20?
USDT, BTT, TRX, and WIN are common examples.
Q3: Why choose TRC20 over ERC20?
Lower fees ($1 vs. $15) and faster transactions.
👉 Learn more about TRC20’s advantages
By leveraging TRC20, users gain a cost-effective, high-speed alternative for crypto transactions—making it a favorite for traders and developers alike.