USDT transaction fees on various networks (blockchains)

[Findingnemo]

I think the withdrawal fee for TRC20 from CEXs is cheap because they stake TRX and have a lot of energy for free transactions on Tron. So, CEXs will receive 1 USDT in revenue from each user's TRC20 USDT withdrawal transaction. This may not be directly related to liquidity.

This could be the most logical reason why people using Tron network despite knowing that gas fees are relatively higher and others are availability of the trading pairs cause exchanges usually have USDT on ETH more than any other networks so this stands out why USDT on ETH volume is way higher and probably on network it will be the second highest.

But I still don't know how OP came to a conclusion that tron is mostly used because it's ETH as far as I know.

[MrSpasybo]

This could be the most logical reason why people using Tron network despite knowing that gas fees are relatively higher and others are availability of the trading pairs cause exchanges usually have USDT on ETH more than any other networks so this stands out why USDT on ETH volume is way higher and probably on network it will be the second highest.

But I still don't know how OP came to a conclusion that tron is mostly used because it's ETH as far as I know.

That's just my speculation, and I'm not entirely sure why CEXs charge such a low fee for TRC-20 USDT withdrawals, around 1 USDT. Some CEXs charge higher fees, perhaps 2 USDT (Probit, GateIO) or 5 USDT (Liquid) [1]. Maybe they're greedier or they don't stake much TRX on the Tron network.

There are many reasons why TRC-20 USDT has become so popular, such as its high speed and lower fees compared to ERC-20 [2]. According to DefiLlama, currently we have around 61B TRC-20 USDT and 52B ERC-20 USDT [3], meaning USDT on Tron is more popular than USDT on Ethereum.
[1] USDT fees
[2] Why TRC20 Is The Most Popular USDT Network
[3] Stablecoins

[erus]

Currently, the most widely used seems to be USDT from BSC, because of the fairly expensive fees from Ethereum and TRON, all communities seem to use USDT from BSC for cheaper and more efficient transactions. TRON also now has a fairly expensive USDT fee, while USDT from BSC is widely used on every exchange. Maybe because USDT from BSC is owned by Binance, so it has more users.

[PX-Z]

Currently, the most widely used seems to be USDT from BSC, because of the fairly expensive fees from Ethereum and TRON, all communities seem to use USDT from BSC for cheaper and more efficient transactions.

I don't know where did you get this info but i still use USDT on TRON lately and in TON blockchain just recently. I also saw bunch of users uses USDT on TRON as well on bitcointalk forum, so you saying "all communities" uses BSC is quite false. Maybe because of these users use exchanges for holding USDT same like me. Well, you can't actually call it "hold" since i will just trade BTC/USDT anytime i want to withdraw or send to someone.

[Gurujebs]

Currently, the most widely used seems to be USDT from BSC, because of the fairly expensive fees from Ethereum and TRON, all communities seem to use USDT from BSC for cheaper and more efficient transactions. TRON also now has a fairly expensive USDT fee, while USDT from BSC is widely used on every exchange. Maybe because USDT from BSC is owned by Binance, so it has more users.

Some days ago, usdt transaction on Tron became expensive, the community has to complain before  Justin Sun later made team reduce the the transaction fee which they claim was as a result of some bugs that was asking for more gas/energy for transaction fees but after the update was release everything went down but I guess ethereum has also gone down a little compare to then.

I don't know why transaction on layer 2 projects that are not having the hype they used to have back then but they used to be the coolest place to make transaction. Seems, the bridge insecurities and yhe hacks that was making people loss money has made people to run away from this layer 2 projects.

[erus]

Currently, the most widely used seems to be USDT from BSC, because of the fairly expensive fees from Ethereum and TRON, all communities seem to use USDT from BSC for cheaper and more efficient transactions.

I don't know where did you get this info but i still use USDT on TRON lately and in TON blockchain just recently. I also saw bunch of users uses USDT on TRON as well on bitcointalk forum, so you saying "all communities" uses BSC is quite false.
~snip~

I mean, the community on Binance exchange that has a Binance exchange account "on average" uses USDT from BSC, including myself. Because I have experienced expensive fees in the software wallet for USDT from TRON, I have to use more than 1 TRX coin of TRON fees. Please Try checking sending USDT on the TRON blockchain on Trustwallet, how much TRX do you need to send USDT?

[Cantsay]

Please Try checking sending USDT on the TRON blockchain on Trustwallet, how much TRX do you need to send USDT?

When sending USDT in reins network you’ll have to spend up to ~$2 in gas fee while for BSC network you spend ~$0.02 as gas fee which is actually very low.

I have also used bsc network when I’m transacting with USDT most especially when I’m withdrawing from my exchange account (since that’s what I mostly do with the ones I owe) instead of spend $1 for withdrawal fee on trx you can cut off 90% of it and just use bsc and then spend $0.1 on withdrawal fee.

[PX-Z]

I mean, the community on Binance exchange that has a Binance exchange account "on average" uses USDT from BSC, including myself.

That's pretty normal, even in any exchange platform that has their own chain of tokens offer small or even zero fees if you will use them. In Kucoin has this offers too for USDT in KCS chain, but since its not a bit popular so i can't use it unlike in Binance.

Please Try checking sending USDT on the TRON blockchain on Trustwallet, how much TRX do you need to send USDT?

Just like i said, i don't hold USDT especially on wallets so i won't know the fees since trustwallet needs to have balance before you can check the fees on sending page.

[erus]

Please Try checking sending USDT on the TRON blockchain on Trustwallet, how much TRX do you need to send USDT?

When sending USDT in reins network you’ll have to spend up to ~$2 in gas fee while for BSC network you spend ~$0.02 as gas fee which is actually very low.

Reins Network? This is a new coin in crypto? Because i've never heard Reins Network before , can explain tos me with detail informations about Reins Network?

I mean, the community on Binance exchange that has a Binance exchange account "on average" uses USDT from BSC, including myself.

~snip~
Just like i said, i don't hold USDT especially on wallets so i won't know the fees since trustwallet needs to have balance before you can check the fees on sending page.

No problem you don't have USDT in Trustwallet, I will tell you just a little this information=

Binance Withdrawl USDT Chain TRX costs 1 USDT
Binance Withdrawl USDT Chain BSC requires a fee of 0.1 USDT

Trustwallet Withdrawl USDT Chain TRX requires more than 10 TRX (more than 1 USD)
Trustwallet Withdrawl USDT Chain BSC requires more than 0,0005 Arround BSC (under 0.1 USD)

This comparison fee is BSC lower better than fee of TRX . Cmiiw

[Cantsay]

Please Try checking sending USDT on the TRON blockchain on Trustwallet, how much TRX do you need to send USDT?

When sending USDT in reins network you’ll have to spend up to ~$2 in gas fee while for BSC network you spend ~$0.02 as gas fee which is actually very low.

Reins Network? This is a new coin in crypto? Because i've never heard Reins Network before , can explain tos me with detail informations about Reins Network?

It was supposed to be trons network not Reins.

It was the work of my keyboard autocorrect feature.

[erus]

Please Try checking sending USDT on the TRON blockchain on Trustwallet, how much TRX do you need to send USDT?

When sending USDT in reins network you’ll have to spend up to ~$2 in gas fee while for BSC network you spend ~$0.02 as gas fee which is actually very low.

Reins Network? This is a new coin in crypto? Because i've never heard Reins Network before , can explain tos me with detail informations about Reins Network?

It was supposed to be trons network not Reins.

No Problem, I thought there was indeed a Reins blockchain but it turned out to be just a typo from the keyboard. Thanks for the clarification, friend.

It was the work of my keyboard autocorrect feature.

Btw, may I know what keyboard you use? As far as I know, I use a regular keyboard and there is no such thing as autocorrect.

[MUGNIA]

Currently, the most widely used seems to be USDT from BSC, because of the fairly expensive fees from Ethereum and TRON, all communities seem to use USDT from BSC for cheaper and more efficient transactions. TRON also now has a fairly expensive USDT fee, while USDT from BSC is widely used on every exchange. Maybe because USDT from BSC is owned by Binance, so it has more users.

The good news for the BSC network is that the current sending fee is 0, there are no fees at all for personal wallets to exchange or interent , but for exchanges it is still the same 0.1 with a minimum withdrawal of 5-10 USDT

[dkbit98]

The good news for the BSC network is that the current sending fee is 0, there are no fees at all for personal wallets to exchange or interent , but for exchanges it is still the same 0.1 with a minimum withdrawal of 5-10 USDT

What the heck is sending to internet?!   
It is not zero fee on BSC blockchain, current fee is around 0.085 USDT.
That is higher than sending USDT transactions on Liquid Netowrk, Ton, Polygon, Solana, and maybe others.
https://gasfeesnow.com/