What is USDT

What is USDT?

USDT is a cryptocurrency issued by Tether that operates across multiple blockchain networks. Each network's USDT adheres to its native protocol standards. Since USDT on different networks is not interchangeable, it's crucial to select the correct network during deposits and withdrawals to avoid potential asset loss.

 

USDT networks supported on CoinEx

Network Protocol standard Address format Characteristics Related links
USDT-ERC20 ERC-20 Starts with "0x" Ethereum-based; high security Website | Explorer | Whitepaper
USDT-TRC20 TRC-20 Starts with "T" TRON-based; low fees Website | Explorer | Whitepaper
USDT-BSC BEP-20 Starts with "0x" BNB Smart Chain-based; low cost WebsiteExplorer
USDT-TON TON Alphanumeric Based on TON (The Open Network), built by the community using technology developed by Telegram; high speed WebsiteExplorer
USDT-SOL SPL Alphanumeric Solana-based; high-throughput WebsiteExplorer 
USDT-Avalanche ARC-20 Starts with "0x" Based on Avalanche C-Chain; EVM-compatible WebsiteExplorer 

 

Notes

1. Generate the address of the correct network before depositing:

Choose the correct USDT network (e.g., USDT-TRC20) on CoinEx, generate the corresponding deposit address, and then copy it.

2. Verify the network before depositing or withdrawing:

Ensure that the network selected on the sending or receiving platform matches the one supported on CoinEx.

3. Irreversibility of blockchain transactions:
If you mistakenly send assets via the wrong chain or to an incorrect address after withdrawing from CoinEx, please contact the receiving platform's customer support for assistance. CoinEx cannot retrieve these assets.

 

 

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