EXMO Now Supports the TRC20 Standard For USDT.

EXMO Now Supports the TRC20 Standard For USDT.

EXMO have expanded their deposit and withdrawal options for one of the leading stablecoins, Tether by now offering support for the TRC20 standard of USDT.

Support for USDT was already offered via Ethereum (ERC20), which as a result, allowed the platform to lower withdrawal fees by 10x. However, this new move will help them expand the possibilities users have to deposit and withdraw the stablecoin even more. This is thanks to the new support for TRC20, which is a protocol provided by one of the fastest-growing alternatives to Ethereum blockchains, Tron.

As per the blog post announcing the news, this means that the current abilities EXMO users have to deposit and withdraw are USDT in USDT-Omni (BTC network), USDT-TRON (TRC20) and USDT-Ethereum (ERC20). Deposits in these formats are already up and running, so users can do these straight away.

However, withdrawals won’t go live until Monday. As such, you will have to hold tight on this front over the course of the week. You can find the full details of this, as well as information on fees involved directly on their platform.

This is the latest this week from EXMO in what has been a busy week for the platform. They first announced their latest IEO, this time for the HP token which is scheduled for next week, before announcing a new competition that involved ROOBBEE. This began last week but is set to conclude next week also. As such, there is plenty to get involved in over the next week or so at the platform.

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