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.

Recently Similar News

trueflip-promotion bitamp-promotion

Latest Guides

Latest News

Bitcoin,Ethereum,Finance,Trading

XTB Notes That Bitcoin Market Sentiment Hits Yearly High

As Bitcoin breaks $12,000 per BTC, market sentiment for Bitcoin is at a yearly high. After just breaking through the major resistance level fo $10,000, Bitcoin has shown no signs of slowing down as it breaks the $12,000 barrier today. This bull run and market sentiment is applying to other major cryptocurrencies, such as Ethereum […]

10 August, 2020
Binance,Bitcoin,Derivative Trading,Trading

Binance’s July Trading Report Showcases Futures Contract Trading

Binance, the largest cryptocurrency exchange worldwide, update their followers on the state of the market in July, including the fact that the top 10 performing coin futures contracts on Binance gained at least 45%. Binance has released their monthly trading report to their users with a lot of very positive news. The first key takeaway […]

10 August, 2020
Bitcoin,Crypto Wallets,Cryptocurrency,Exchange Platforms

Changelly July Digest: What to Expect Moving Forward

Changelly has released their monthly report highlighting the most impact decisions of the month. The largest announcement that Changelly has made this month is the introduction of Changelly PRO, a fuller feature cryptocurrency exchange that will allow Changelly users to “expand their boundaries of the daily trading experience”. This is quite the expansion from Changelly’s […]

8 August, 2020
Bitcoin,Crypto Mining,Cryptocurrency,Mining

Changelly Creates List of Best Bitcoin Mining Software and Miners in 2020

Changelly, the popular CFD trading platform, is focusing on providing educational material to the crypto community and wants to showcase the state of Bitcoin mining in 2020. The break down the most reliable Bitcoin miners of the year. Bitcoin mining, or validating transactions on the Bitcoin blockchain, is the backbone of the decentralized ecosystem that […]

8 August, 2020
Blockchain,Cryptocurrency,Exchange Platforms,Trading

Exmo Exchange Has Harmony Win Contest for New Coin Listing

Exmo exchange has held a competition to decide on which coin will be listed on their exchange next for trading. The contest was between two projects, Harmony and JUST, with Harmony winning by a large margin. After holding another vote to determine which coin will next be listed on the Exmo exchange, Harmony beat out […]

7 August, 2020
Bitcoin,Cryptocurrency,Localbitcoins,Trading

LocalBitcoins Announces 2019 Financial Results

LocalBitcoins, the peer-to-peer platform set up to facilitate in person Bitcoin trading, has released their 2019 financial statements. LocalBitcoins, the most popular peer-to-peer platform for users to finds like minded individuals to do in person trading with, announced and released their 2019 financial statements in July. LocalBitcoins reported that they brought in an annual revenue of […]

7 August, 2020
BitMEX,CFD Trading Platform,Cryptocurrency,Exchange Platforms

BitMEX Introduces Lower Maintenance Margins and Explains Their Impact

The popular cryptocurrency exchange BitMEX has lowered their base maintenance margin requirements for users that participate in futures trading. BitMEX has decided to lower their Base Maintenance Margin requirements for their futures trading, a move they say will have positive impacts. The latest margin maintenance requirements had dropped both BitMEX’s XBT and ETH contracts to […]

6 August, 2020
Bitcoin,Cryptocurrency,Exchange Platforms,Regulation

Zcash Is Now Available On The eToro Exchange

Zcash, one of the most popular privacy based cryptocurrencies in the space, is now available for trading on eToro. Zcash was initially launched in 2016 by the Electric Coin Company, and is supported by the Zcash Foundation, a public charity. Zcash has the goal of bringing privacy to the blockchain. As a hard fork of […]

6 August, 2020