SpectroCoin Supports Tron Network for USDT and USDC

Tron Network Advantages

Tron is a blockchain-based decentralized network with a native cryptocurrency, TRX, used for on-chain fees and incentivizing network validators. The Tron network was launched as an alternative to Ethereum and adopted the Proof-of-Stake (PoS) consensus mechanism for faster transactions and lower fees. Despite Ethereum's switch to PoS in 2022, Tron blockchain performs higher throughput and transaction speed with lower fees.

As of September 2023, Tron processed 5 million transactions daily compared to Ethereum's 1 million. On average, an Ethereum transaction costs $0.99. In comparison, the average transaction cost for Tron is $0.00005.

Please note that transaction speed and cost fluctuate based on network congestion.

USDT (TRC20) and USDC (TRC20): How to Use

You can hold USDT (TRC20) and USDC (TRC20) in the SpectroCoin crypto wallet, as well as send and receive tokens.

How to receive USDT (TRC20) and USDC (TRC20):

1. Login to your SpectroCoin account.
2. Go to the "Deposit" page.
3. Select the Tether or USD Coin wallet.
4. In the "Network" field, select Tron.
5. Copy the wallet address and share it with the sender. You can manually paste the address in a message or send it via Facebook, Twitter or email. You can also show the QR code in person.

How to send USDT (TRC20) and USDC (TRC20):

1. Login to your SpectroCoin account.
2. Go to the "Withdraw" page.
3. Select the Tether or USD Coin wallet.
4. In the "Network" field, select Tron.
5. Specify the receiver wallet address and the withdrawal amount. The fees will be charged from the Tron wallet in TRX. Ensure you have the correct wallet address for TRX, otherwise, the recipient will not receive the funds.
6. If you want to transfer assets to another SpectroCoin user, you only need their email address connected to their accounts. The internal transactions are free of on-chain fees.

What Is Next

In the near future, we will start supporting BNB Smart Chain for USDT (BEP20) and USDC (BEP20) stablecoins, so our clients will have various options and can easily transfer and receive USDT and USDC from other crypto users and platforms.

New to SpectroCoin?

You can quickly get started with SpectroCoin. Create and verify individual or business accounts and get access to the cryptocurrency exchange, crypto wallet, crypto debit card, dedicated IBAN account, crypto loans and merchant solutions.

We support over 50 top cryptocurrencies, offer multiple withdrawal and deposit methods, including Amazon gift cards, SpectroCoin vouchers and mobile top-ups, provide robust security measures, and are in touch 24/7.

If you need help or more details, please don't hesitate to contact our customer support via LiveChat on the website or through email at [email protected].