Why do veterans in the crypto world only recognize TRC-20 USDT?
After spending a long time in the crypto world, veterans only use TRC-20 for transferring USDT and absolutely avoid ERC-20. It's not being picky; it's out of fear from being scammed.
1. There are many fake USDT on ERC-20
Anyone can issue a 'USDT' and the icon looks the same. Experienced users check the contract address first, while newcomers only look at the name. When they transfer and find it's a fake coin, they lose everything.
2. It can freeze at any time
ERC-20 is heavily regulated, and once an address is marked, the USDT gets locked. TRC-20 reacts a bit slower, at least you can escape.
3. Transaction fees are painfully high
Transferring on ERC-20 feels like paying an IQ tax; during a bull market, a single transaction costs $50 and takes 10 minutes to process. TRC-20 has a fixed fee of $0.02 and arrives in 3 seconds, which is incredibly appealing.
Survival rules for veterans
Use TRC-20 for small amounts to save on gas fees
Transfer large amounts at midnight to avoid peak times
Never accept unknown USDT; always check the address
The rules of the crypto world are learned through money; don't wait until you fall into a pit to understand.
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