how to change usdt trc20 to erc20 trust wallet,How to Change USDT TRC20 to ERC20 on Trust Wallet: A Detailed Guide
How to Change USDT TRC20 to ERC20 on Trust Wallet: A Detailed Guide
Converting your USDT TRC20 tokens to ERC20 on Trust Wallet is a straightforward process that can be completed in a few simple steps. Whether you’re looking to swap tokens for better liquidity or simply want to move your assets to a different blockchain, this guide will walk you through the entire process.
Understanding the Difference Between TRC20 and ERC20
Before diving into the conversion process, it’s important to understand the key differences between TRC20 and ERC20 tokens.
| TRC20 | ERC20 |
|---|---|
| Based on the TRON blockchain | Based on the Ethereum blockchain |
| Used for various applications on the TRON network | Used for various applications on the Ethereum network |
| Has a higher transaction fee compared to ERC20 | Has a lower transaction fee compared to TRC20 |
Understanding these differences will help you make an informed decision about whether converting your USDT TRC20 to ERC20 is the right choice for you.
Step-by-Step Guide to Converting USDT TRC20 to ERC20 on Trust Wallet
Now that you understand the basics, let’s go through the steps to convert your USDT TRC20 tokens to ERC20 on Trust Wallet.
Step 1: Install Trust Wallet
First, make sure you have Trust Wallet installed on your smartphone. You can download it from the Google Play Store or Apple App Store.
Step 2: Create or Import Your Wallet
Open Trust Wallet and create a new wallet or import an existing one. If you’re creating a new wallet, make sure to write down your private key and keep it in a safe place.
Step 3: Add USDT TRC20 Token
Go to the “Tokens” section in Trust Wallet and tap on the “+” icon to add a new token. Search for “USDT TRC20” and select it from the list of results. Enter the contract address for USDT TRC20, which is 0xdAC17F958D2ee523a2206206994597C13D831ec7, and tap “Add Token”.
Step 4: Add ERC20 USDT Token
Repeat the process to add the ERC20 USDT token. Search for “USDT ERC20” and select it from the list of results. Enter the contract address for USDT ERC20, which is 0xdAC17F958D2ee523a2206206994597C13D831ec7, and tap “Add Token”.
Step 5: Send USDT TRC20 to an Exchange
Go to the “Send” section in Trust Wallet and select the USDT TRC20 token. Enter the address of the exchange where you want to send the tokens, and enter the amount you wish to convert. Make sure to double-check the address and amount before sending.
Step 6: Convert USDT TRC20 to USDT ERC20
Once the USDT TRC20 tokens are in your exchange wallet, go to the exchange’s trading page and find the USDT TRC20 to USDT ERC20 trading pair. Place an order to convert your tokens at the current market rate.
Step 7: Receive USDT ERC20 in Trust Wallet
After the conversion is complete, you will receive the USDT ERC20 tokens in your exchange wallet. Go to the “Receive” section in Trust Wallet and copy your ERC20 USDT address. Paste it into the exchange’s withdrawal section and enter the amount you wish to withdraw. Once the transaction is confirmed, the USDT ERC20 tokens will be added to your Trust Wallet.
Important Considerations
Before proceeding with the conversion, keep the following considerations in mind:
- Transaction Fees: Be aware of the transaction fees associated with sending tokens between blockchains and converting tokens on exchanges
