Why do veteran players in the crypto space refuse to touch ERC-20 USDT? The reason is all here!

After spending a long time in the crypto space, you will find that veteran players prefer to use TRC-20 on the Tron network for USDT transactions, avoiding ERC-20 on Ethereum at all costs. After all, fake coins, frozen addresses, and high fees can lead to significant losses if you fall into any of these traps!

Fake coins are a major disaster area: Anyone can issue 'USDT' on ERC-20, cloning the name and icon of the real coin, phishing transfers, and setting liquidity traps; new players can easily get scammed if they're not careful. Experienced players must follow three steps when receiving coins: copy the contract address, check it on Etherscan, confirm the blue checkmark verification, and ensure the holding amount exceeds 100,000.

Addresses are easily frozen: The monitoring on the Ethereum network is strict, and once an address is involved in violations, ERC-20 USDT can be frozen in seconds. Issues with upstream funds, hidden traps in smart contracts, and regulatory sanctions can all lead to problems. On the other hand, TRC-20 benefits from slower regulatory responses on the Tron network, providing a buffer time for asset transfers.

Fees are high and slow: The transfer fees for ERC-20 can surge dramatically during network congestion, reaching over ten dollars during peak times, with confirmations taking dozens of minutes; TRC-20 has a fixed fee of $0.02, with transfers arriving in just 3 seconds, making small transfers not a loss.

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