Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: bitpr0 on July 07, 2024, 12:19:35 PM
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
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I think Justin Sun is back on the attack with some of his crazy ideas, maybe without thinking about the possible consequences, but that's something that time will tell. I think a reduction would have been better rather than eliminating the fees completely.
After seeing your posts, I recommend that you improve the quality of your posts to avoid possible sanctions in the future.
Adding context and external information is always better for the conversation and brings different points of view.
Tron develops gas-free stablecoin for Ethereum and Tron chains (https://cointelegraph.com/news/tron-is-building-a-gas-free-stablecoin-solution)
Justin Sun Announces Gas-Free Stablecoin Transfers on TRON (https://coinmarketcap.com/community/articles/6689721052db0309db06c4dd/)
Justin Sun New Solution: No Gas Fees for Stablecoin Transfers (https://www.binance.com/en/square/post/10442031024938)
PS: I can't believe the Tron developers are doing something.
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Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
It is better you include the link next time to make your post better.
I think a reduction would have been better rather than eliminating the fees completely.
One of the usefulness of a coin or token is that miners are earning from transaction fee. If a coin or token has no fee, I do not think that coin or token has any value. Reduction in fee is better than eliminating the fee. But I guess this is about a new stable coin and not the existing ones. But I may not be right.
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USDT has, as you probably know, several ways to send, and in fact Tron was one of the cheapest, as always it all depends, when I want to send USDT if possible I use the polygon network, there it is not zero, but it is almost zero. 8)
What do you guys think about it?
Well, for now just wait ...
Are you facing the same issue on TRON?
no
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If Justin Sun can do this, then this is a problem because TRON has become a central currency and an individual can control the direction of development, but it is nothing more than an attempt by Justin Sun to steal the spotlight again.
TRON network has high fees and many competitors offer cheaper fees, so they must take serious steps in reducing fees. Otherwise, choosing alternatives will not be difficult, and losing Stablecoins means that the blockchain has become worthless.
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Justin Sun just announced that he will remove all fees from Stablecoins.
This is his last attempt to save his Tron shitcoin. :P
It was very stupid from him when he added energy and other complications that increases fee a lot unless you are staking Tron.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
I know what you are saying, I quit using stable coins on Tron because of fees and switched to L-USDT, that is Tether on Bitcoin Liquid Network.
Fees are basically zero and I can easily swap L-USDT to L-BTC and back to Bitcoin mainnet.
There is even an option to receive L-USDT from Tron and Ethereum network when using Aqua wallet.
What do you guys think about it? Are you facing the same issue on TRON?
Yes, that is why I don't use that crap anymore, but there is one guy who in this forum who can make fees on Tron cheaper:
https://energyfather.com/
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One of the usefulness of a coin or token is that miners are earning from transaction fee. If a coin or token has no fee, I do not think that coin or token has any value. Reduction in fee is better than eliminating the fee. But I guess this is about a new stable coin and not the existing ones. But I may not be right.
That's precisely what I meant when I said "maybe without thinking about the possible consequences" in my previous post. I don't know what Justin Sun is thinking, but seeing statements like this I think he lives more and more separated from how a blockchain works and also more separated from reality. At the end of the day, and seeing his statements on X/Twitter, I simply think he is seeking media attention and attention from his followers, since he says he is going to do many things that he never does, as the latest film that he himself has written and directed under the title "I'm going to buy 50,000 Bitcoins from the German government".
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I'm sure he knows people stops using stablecoin in TRX when the fees goes up. It used to be so cheap, a lot are using it and then the changes are done.
Justin wanting people to used TRC20 USDT again, he doesnt need to make tx free but just make it cheaper once again. He might be seeing users coming back to Tron and maybe sig campaigns paying USDT in TRON will be back.
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I simply think he is seeking media attention and attention from his followers, since he says he is going to do many things that he never does, as the latest film that he himself has written and directed under the title "I'm going to buy 50,000 Bitcoins from the German government".
This is not the first time Justin Sun's history has been filled with such media statements.
Linking his success to the success of the projects he owns will be bad for those projects.
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This is not the first time Justin Sun's history has been filled with such media statements.
Linking his success to the success of the projects he owns will be bad for those projects.
Well, I don't like or trust Sun either, I will wait for the launch of new stablecoins on Tron, and will also consider specific user reviews before I can trust what Sun promises.
I'm still used to using USDT on CEXs and rarely care about which blockchain it operates on. I also don't choose TRX for my investment portfolio, I just want to see the growth of stablecoins and then the explosion of the entire crypto market.
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I honestly have never done any onchain transactions using tron. It was just my favorite when making exchange withdrawals which used to be around $1. The existence of this plan makes me a little hopeful that stablecoin withdrawals on exchanges will be free, it is beneficial in the long run. However, they also have to improve the scalability of their network. Otherwise, it will end up worse than the solana network.
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I'm still used to using USDT on CEXs and rarely care about which blockchain it operates on. I also don't choose TRX for my investment portfolio, I just want to see the growth of stablecoins and then the explosion of the entire crypto market.
there are many alternatives available to USDT TRC20, and if they do not do anything, investors may move to another blockchain, especially since the Omni Layer Protocol was working on Bitcoin, and yet it stopped due to fees.
If you do not care about fees, ERC20 is a safe option, and using USDT on POLYGON saves fees
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Anyone interested to find more information about USDT and all supported blockchains should check their page.
https://tether.to/en/transparency/?tab=usdt
Current Total Net circulation of Tether is $112,862,180,225 (reminds me on number from US debt clock) and I simply don't believe that all this is backed 1:1 with fiat currency.
To tron or not to tron usdt, better be careful and don't hold this tokens long term.
USDT is not the future of money like they claim.
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Current Total Net circulation of Tether is $112,862,180,225 (reminds me on number from US debt clock) and I simply don't believe that all this is backed 1:1 with fiat currency.
To tron or not to tron usdt, better be careful and don't hold this tokens long term.
USDT is not the future of money like they claim.
Tether is a controversial cryptocurrency that has been designated as a favorite crypto for illegal activities. Holding it does not make any sense as it value will remain constant since it is pegged with USD. The only benefit I can see of using USDT is to make payments by paying a small fee of $1 USDT on the Tron network. Using the tronlink wallet and after staking a sufficient amount of TRX to gain bandwidth & energy a user will not pay any kind of fee for the transaction.
I do not understand why OP has paid $8 fee first for a TRC-20 token transaction and what does Justin mean by zero fee?
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This is not the first time Justin Sun's history has been filled with such media statements.
Linking his success to the success of the projects he owns will be bad for those projects.
To say "successes" is probably being very generous. Tron has not had any success, it is a project that has had more downs than ups and that does not have a development that stands out from other blockchains. BTT (BitTorrent) barely has any use beyond the BitTorrent ecosystem itself, and USDD is a danger that can be called "success" as long as it does not end up like other stable coins that fell to the bottom not many years ago.
To be honest, I think Justin Sun has started a lot of things, but he hasn't finished any of them yet.
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To be honest, I think Justin Sun has started a lot of things, but he hasn't finished any of them yet.
I completely agree with this text, but we cannot consider Tron a failed project, at least with the presence of USDT, we cannot consider it a failed project.
According to tether, the majority of USDT is traded via Tron at $60,012,131,922[1], which is not a small number.
(https://talkimg.com/images/2024/07/18/4meXZ.png)
[1] https://tether.to/en/transparency/?tab=usdt
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I completely agree with this text, but we cannot consider Tron a failed project, at least with the presence of USDT, we cannot consider it a failed project.
According to tether, the majority of USDT is traded via Tron at $60,012,131,922[1], which is not a small number.
(https://talkimg.com/images/2024/07/18/4meXZ.png)
[1] https://tether.to/en/transparency/?tab=usdt
I know that Tron is still alive thanks to USDT, and I know that Tron is not a failed project, what I said in my previous posts is that Tron does not advance, it does not improve in its development, and it is sad that it is so, since it has very good qualities. Although all these problems have a solution, it seems that Justin Sun doesn't care.
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To be honest, I think Justin Sun has started a lot of things, but he hasn't finished any of them yet.
I completely agree with this text, but we cannot consider Tron a failed project, at least with the presence of USDT, we cannot consider it a failed project.
So this USDT is its last "lifeblood", and by developing this zero fee it hopes that more supply of other stablecoins will concentrate on the tron network? Can it be said that tron has big ambitions to become the main chain facility of stablecoins?
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So this USDT is its last "lifeblood", and by developing this zero fee it hopes that more supply of other stablecoins will concentrate on the tron network? Can it be said that tron has big ambitions to become the main chain facility of stablecoins?
I don't know what Justin Sun is up to, maybe he doesn't even know, but it doesn't seem strange to me that he wants to concentrate the largest possible movement of stable coins within the Tron chain. Like I said, that's what keeps the Tron chain alive for the most part. If the developers added new functions and possibilities it would be very positive to see Tron enjoy a second life, but after everything seen it seems like something very difficult to achieve, so we will see what the future holds.
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Justin Sun just announced that he will remove all fees from Stablecoins
If this is true it will be great. Please use the source link for any updates you post
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
TRON chain used to charge very low fees for transactions be it TRX or other coins developed on tron chain but now it has become very crazy. Now many people are leaving TRON chain due to high fee for token transfer in TRON chain. However, if the issue of high fees for stable coins from TRON chain is resolved or free transfer of stable coins is allowed, then it will have a good effect for TRON chain.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
Justin Sun’s announcement about removing fees from stablecoin transactions on TRON is indeed a significant development and could be a game-changer for many users.
Here’s what this could mean:
Reduced Transaction Costs: Eliminating fees for stablecoin transfers could make transactions much more cost-effective. For someone like you who recently paid $8 on a $50 transfer, this change could result in substantial savings.
Increased Adoption: Lower fees can encourage more users to adopt and use TRON-based stablecoins, potentially increasing overall transaction volume and user engagement on the TRON network.
Competitive Advantage: By removing fees, TRON might attract users from other networks, especially those who are frustrated with high transaction costs. This move could enhance TRON’s position in the competitive stablecoin and blockchain space.
Your Experience:
Transaction Fees: Paying $8 for a $50 transfer is quite steep, and it's understandable that you’re looking forward to the fee removal. This change should alleviate such issues and make using TRON-based stablecoins more appealing.
Community Impact: Many users face similar issues with high transaction fees, especially for smaller transfers. This update could address a common pain point and improve user satisfaction.
What do you think? Will this fee removal make you more inclined to use TRON-based stablecoins, or do you have any concerns about how this might impact the network or its ecosystem?
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Justin Sun just announced that he will remove all fees from Stablecoins
If this is true it will be great. Please use the source link for any updates you post
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
TRON chain used to charge very low fees for transactions be it TRX or other coins developed on tron chain but now it has become very crazy. Now many people are leaving TRON chain due to high fee for token transfer in TRON chain. However, if the issue of high fees for stable coins from TRON chain is resolved or free transfer of stable coins is allowed, then it will have a good effect for TRON chain.
The TRON chain was initially quite popular for its low fees and fast transactions. It was especially widely used for the transfer of stablecoins such as USDT. However, due to the recent increase in fees, many users are migrating to other chains. If the issue of high fees from the TRON chain is resolved, especially for stablecoins, it will become more attractive to users and may help restore the acceptance of the chain. In particular, facilitating transactions with free or low fees will help the TRON chain stay competitive. Since fees are an important factor, fixing this can increase user confidence and increase the use of the TRON chain.
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I think Justin Sun is back on the attack with some of his crazy ideas, maybe without thinking about the possible consequences, but that's something that time will tell. I think a reduction would have been better rather than eliminating the fees completely.
After seeing your posts, I recommend that you improve the quality of your posts to avoid possible sanctions in the future.
Adding context and external information is always better for the conversation and brings different points of view.
Tron develops gas-free stablecoin for Ethereum and Tron chains (https://cointelegraph.com/news/tron-is-building-a-gas-free-stablecoin-solution)
Justin Sun Announces Gas-Free Stablecoin Transfers on TRON (https://coinmarketcap.com/community/articles/6689721052db0309db06c4dd/)
Justin Sun New Solution: No Gas Fees for Stablecoin Transfers (https://www.binance.com/en/square/post/10442031024938)
PS: I can't believe the Tron developers are doing something.
As far as I know, transaction fees are used for miners as rewards or as utility from the parent coin (TRON). If USDT from TRON is not charged for each transaction, then what is the use of this TRON coin for? What is the utility of this TRON coin?
It seems that the Founder of TRON is too pushy if I have to look at it from the perspective that OP has written.
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I think Justin Sun is back on the attack with some of his crazy ideas, maybe without thinking about the possible consequences, but that's something that time will tell. I think a reduction would have been better rather than eliminating the fees completely.
After seeing your posts, I recommend that you improve the quality of your posts to avoid possible sanctions in the future.
Adding context and external information is always better for the conversation and brings different points of view.
Tron develops gas-free stablecoin for Ethereum and Tron chains (https://cointelegraph.com/news/tron-is-building-a-gas-free-stablecoin-solution)
Justin Sun Announces Gas-Free Stablecoin Transfers on TRON (https://coinmarketcap.com/community/articles/6689721052db0309db06c4dd/)
Justin Sun New Solution: No Gas Fees for Stablecoin Transfers (https://www.binance.com/en/square/post/10442031024938)
PS: I can't believe the Tron developers are doing something.
As far as I know, transaction fees are used for miners as rewards or as utility from the parent coin (TRON). If USDT from TRON is not charged for each transaction, then what is the use of this TRON coin for? What is the utility of this TRON coin?
It seems that the Founder of TRON is too pushy if I have to look at it from the perspective that OP has written.
Justin just wants to rival BNB for having the lowest transaction fee in sending stablecoin almost free but they couldn't make it free for they need to incentivize stakers.
If its possible to make it free, I think I will make TRON my fave network. The chain although among the top 10 on the rank, the government doesn't seem to care about TRON.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
High transaction fees can be a major deterrent, particularly for smaller transactions, so this update could make TRON more competitive compared to other networks with lower fees, like Binance Smart Chain BSCor Solana.Your experience of paying $8 for a $50 transfer on TRC-20 is quite steep, considering that TRON was initially popular for its low fees. If Justin Sun follows through with this update, it could enhance TRON's appeal for stablecoin transactions, especially in cross-border payments or remittances where cost efficiency is key.
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I think Justin Sun is back on the attack with some of his crazy ideas, maybe without thinking about the possible consequences, but that's something that time will tell. I think a reduction would have been better rather than eliminating the fees completely.
After seeing your posts, I recommend that you improve the quality of your posts to avoid possible sanctions in the future.
Adding context and external information is always better for the conversation and brings different points of view.
Tron develops gas-free stablecoin for Ethereum and Tron chains (https://cointelegraph.com/news/tron-is-building-a-gas-free-stablecoin-solution)
Justin Sun Announces Gas-Free Stablecoin Transfers on TRON (https://coinmarketcap.com/community/articles/6689721052db0309db06c4dd/)
Justin Sun New Solution: No Gas Fees for Stablecoin Transfers (https://www.binance.com/en/square/post/10442031024938)
PS: I can't believe the Tron developers are doing something.
As far as I know, transaction fees are used for miners as rewards or as utility from the parent coin (TRON). If USDT from TRON is not charged for each transaction, then what is the use of this TRON coin for? What is the utility of this TRON coin?
It seems that the Founder of TRON is too pushy if I have to look at it from the perspective that OP has written.
Justin just wants to rival BNB for having the lowest transaction fee in sending stablecoin almost free but they couldn't make it free for they need to incentivize stakers.
I also think so because the cheap transaction fee that I see right now is USDT from the BSC blockchain (Binance Smart Chain). The transaction speed is also quite fast and I noticed that USDT from BSC is widely circulated in various CeX markets.
If its possible to make it free, I think I will make TRON my fave network. The chain although among the top 10 on the rank, the government doesn't seem to care about TRON.
What does it mean that the government will not care about what the TRON coin is like? Is there any indication that TRON has anything to do with cooperation with the government?
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Justin just wants to rival BNB for having the lowest transaction fee in sending stablecoin almost free but they couldn't make it free for they need to incentivize stakers.
If its possible to make it free, I think I will make TRON my fave network. The chain although among the top 10 on the rank, the government doesn't seem to care about TRON.
I'll be honest with you, I don't know what's going on in Justin Sun's head, he may not know it himself. But if Sun wants to compete with BSC I don't think it is necessary to make free transactions, they are currently very cheap and Tron could stand out in other aspects to compete, something it could do for years.
I have always liked Tron, it is something that you can read in my posts, but I am disappointed that the developers do not get the most out of a blockchain that could be at the top.
As for what you say about the government not caring about Tron, it all depends on the interaction and the importance they want to give it, today it may not be like that, but tomorrow who knows...
~snip~
I also think so because the cheap transaction fee that I see right now is USDT from the BSC blockchain (Binance Smart Chain). The transaction speed is also quite fast and I noticed that USDT from BSC is widely circulated in various CeX markets.
The balance between transaction speed and price has always been one of the strong points of the BSC.
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~snip~
~snip~
I also think so because the cheap transaction fee that I see right now is USDT from the BSC blockchain (Binance Smart Chain). The transaction speed is also quite fast and I noticed that USDT from BSC is widely circulated in various CeX markets.
The balance between transaction speed and price has always been one of the strong points of the BSC.
We can also describe it easily and simply with mathematical calculations like this:
-Carlos has 1 million USDT in the BSC blockchain, Carlos sends 1 million USDT to Marco with a blockchain fee of 0.1 USDT (in BSC form).
-Carlos has 1 million USD in a Bank account, Carlos sends 1 USD to Marco's account with a Bank fee of around 20 Dollars or more.
In numbers, the cost of sending USD using a Bank is greater than sending USDT using the BSC blockchain.
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Website Gasfeesnow recently updated and added TUSDT on Tron blockchain, now they only have to add Liquid Network that has the cheapest fees from all other blockchains.
Fees on Tron blockchain remains most expensive from all, but it can also be expensive on ethereum blockchain sometimes, when there are many transactions.
I have to say that I don't trust Ton on Solana chain, they both had down time multiple times with many hours of not working, and other chains like BSC are totally centralized.
https://gasfeesnow.com/
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
No i am not facing like that. I think Stable coin on tron network i mean trc-20 network fees are vary low from others Network. Like if i want to transfer usdt on others network like erc-20 or other network then i saw fees are very high.
But i also want to zero or minimum fee for tron network. If tron network capable to do this i think then tron network will be more popular, there has no doubt.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
I make use of tron network more often and i don't think i have for once made a transaction that cost me this much, though i may also have to ask about the network used and the platform used as well in other to reconfirm if this was really true, most of the people i know never for once made complain on the use of tron each time they perform any transaction because it is cheap, fast and reliable.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
You send USDT from TRC20 worth $50 and have to pay a fee of $8, and Justin Sun said that he wants to remove the USDT transaction fee from TRC20. Wait, it seems that Justin Sun is playing or you are playing?
I have to prove what you said and I also have to prove what Justin Sun said. But if in fact the USDT fee from TRC20 is not free, then I should avoid this coin owned by Justin Sun, because Justin Sun has played with the facts.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
I make use of tron network more often and i don't think i have for once made a transaction that cost me this much, though i may also have to ask about the network used and the platform used as well in other to reconfirm if this was really true, most of the people i know never for once made complain on the use of tron each time they perform any transaction because it is cheap, fast and reliable.
It’s true that the Tron network is widely recognized for its low transaction fees, fast processing times, and overall reliability. Tron’s main selling point has always been its cost-efficiency, especially when compared to networks like Ethereum, which can have higher fees during times of congestion. Many users prefer Tron for everyday transactions,
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
We know tron network fee very low from others. Erc-20 network fees more then high. But bsc and tron network fees low. But it also true that tron network fees are high from bsc Network. Even ton Network transection is Very first.
Normally i use Tron network. Overall thinking like, Fees, transection speed etc following i use Tron network.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
We know tron network fee very low from others. Erc-20 network fees more then high. But bsc and tron network fees low. But it also true that tron network fees are high from bsc Network. Even ton Network transection is Very first.
Normally i use Tron network. Overall thinking like, Fees, transection speed etc following i use Tron network.
It makes sense why you prefer using the Tron network for transactions. Tron indeed offers a low-fee structure and fast transaction speeds, which makes it appealing for many users, especially when compared to Ethereum's ERC-20 network, where gas fees are notoriously high.
However you're right in noting that even though Tron has lower fees than ERC-20, its transaction fees can be slightly higher than BSC . In terms of speed, networks like TON are indeed faster, which could be an interesting option if speed is a priority for you.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
TRON wants to make transaction free for USDT in TRON chain, but they have not implemented it yet, on the contrary, a few days ago it required 0.5-0.8$ to withdraw USDT from the exchange, but now it is demanding $1 again. Now the trend continues with TON and many exchanges claim 0 fee for USDT withdrawal on TON chain. However, since TRC-20 was a very popular chain for exchanging USDT, zero fees for USDT transactions is very important to maintain TRON's popularity in this competitive market.
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Justin Sun just announced that he will remove all fees from Stablecoins.
Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.
What do you guys think about it? Are you facing the same issue on TRON?
I make use of tron network more often and i don't think i have for once made a transaction that cost me this much, though i may also have to ask about the network used and the platform used as well in other to reconfirm if this was really true, most of the people i know never for once made complain on the use of tron each time they perform any transaction because it is cheap, fast and reliable.
It’s true that the Tron network is widely recognized for its low transaction fees, fast processing times, and overall reliability. Tron’s main selling point has always been its cost-efficiency, especially when compared to networks like Ethereum, which can have higher fees during times of congestion. Many users prefer Tron for everyday transactions,
I personally prefer Ethereum but sometimes I trade on Tron network instead of Ethereum due to high fees due to network congestion of Ethereum. The reason I like Tron network the most is the low network fees and fast transactions. Possible. Looking forward to seeing if Tron Network will be in good shape in the next few years.
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Personally I'm not used to hodling a lot of altcoins however I do transact with stable coins once a while . Mostly I make use of USDT sometimes for some minor spendings if I can't spend bitcoins at the moment especially if fees are high. Most times if not all the time infact, I prefer USDT on the Tron network to other networks especially ERC20 (Ethereum network) because of fees and comparability.
USDT on the BNB network has good fees too and some times based on my experience it's even lower than TRC20 network fees for same amount of USDT. However I still prefer to have some TRC20 USDT just in case since it's more common than the BNB network and it's fees is also economical too.
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Personally I'm not used to hodling a lot of altcoins however I do transact with stable coins once a while . Mostly I make use of USDT sometimes for some minor spendings if I can't spend bitcoins at the moment especially if fees are high. Most times if not all the time infact, I prefer USDT on the Tron network to other networks especially ERC20 (Ethereum network) because of fees and comparability.
USDT on the BNB network has good fees too and some times based on my experience it's even lower than TRC20 network fees for same amount of USDT. However I still prefer to have some TRC20 USDT just in case since it's more common than the BNB network and it's fees is also economical too.
Everyone has their own preferences, and I usually choose the most cost-effective way to transfer USDT. While USDT on Tron is very popular, I tend to use USDT on Binance because the BNB chain is already widely used with many dApps, unlike the relatively stagnant Tron ecosystem.
I don't see how Tron could offer free USDT transactions. If they wanted to implement this, they would have to cover the transaction fees themselves, even if they are very low or nearly free when staking TRX tokens. A few projects are also looking to support free stablecoin transfers, which would be a significant step in improving market liquidity.
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Everyone has their own preferences, and I usually choose the most cost-effective way to transfer USDT. While USDT on Tron is very popular, I tend to use USDT on Binance because the BNB chain is already widely used with many dApps, unlike the relatively stagnant Tron ecosystem.
I don't see how Tron could offer free USDT transactions. If they wanted to implement this, they would have to cover the transaction fees themselves, even if they are very low or nearly free when staking TRX tokens. A few projects are also looking to support free stablecoin transfers, which would be a significant step in improving market liquidity.
Yes of course USDT on the BNB network is also common however I always prefer to have USDT on the Tron network instead because aside from fees many payment portals usually offer USDT on only 2 networks which is Tron network and Ethereum network but I hardly use the Ethereum network because of their fees a way too high compared to thr others.
Anyways as for tron trying to implement a no fee system is kinda messed up to me I'm happy to pay fees for my transactions as long as they are low and reasonable. I really haven't studied how the Tron fee system works but I really don't think no fees is a good move.
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Before we can make a transaction, all we first have to consider is the network to use in making our crypto stablecoin transaction, because the type of network used will also determine how lesser the transaction fee is going to be or how higher it may be as well, some of them could be as cheaper as if we are not paying anything for the transaction fee while some may be more demanding.
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Before we can make a transaction, all we first have to consider is the network to use in making our crypto stablecoin transaction, because the type of network used will also determine how lesser the transaction fee is going to be or how higher it may be as well, some of them could be as cheaper as if we are not paying anything for the transaction fee while some may be more demanding.
Yes when we creat a transaction in stable coin the we see at first what network transaction fees are low. We sat trc thats means tron network fee is Very low. But Bnb Network fee also very low we know. I always use trc network and bnb network.
Even if we compare with trc20 vs bnb network. Then we will see bnb network and fees is lower then trc network.