4 min read
What is USDT ERC20?
USDT ERC20 is
Tether's dollar stablecoin issued as an ERC20 token on
Ethereum, the same network that runs
Ethereum (
ETH). Its addresses, wallets and fees are all
Ethereum's.
Other blockchains carry their own Tether, and none of them can see the others: coins on
Ethereum will not appear on
TRON or
BNB Smart Chain. Exchangers can also quote a different hryvnia rate for each network, so sell
USDT ERC20 through a direction made for this one.
Why do you need ETH to move USDT ERC20?
Because the network fee, called gas, is paid in ETH. Gas rises and falls with
Ethereum's load and usually costs more than a transfer on
TRON.
So keep some ETH on the same address that holds your
USDT ERC20. Your wallet shows a gas estimate before you confirm — read it first. When the network is congested, a small transfer may be worth postponing.
The table lines USDT ERC20 up against two other
Tether networks that exchangers quote for hryvnia. Watch the address column: that is where mistakes happen.
| Network | Address starts with | Fee paid in | How to tell it apart |
|---|---|---|---|
| 0x | by the network name only | ||
| 0x | by the network name only | ||
| T | by the T at the start of the address |
Ethereum and
BNB Smart Chain addresses look identical, so the format will not warn you. If gas eats into the amounts you usually move, compare it with
USDT TRC20 on
TRON, where fees are paid in
TRX.
How do you sell USDT ERC20 for hryvnias?
Find the direction for your bank on OnExchanger, create an order with the exchanger and send USDT ERC20 on
Ethereum to the address in the order. After network confirmations, the exchanger pays hryvnias to your card or account.
For a card payout, the steps go in this order:
- Choose your bank, say
USDT ERC20 to
Oschadbank or USDT ERC20 to a
PUMB card.
- Enter your amount and see how many hryvnias each exchanger pays.
- Go to the exchanger, add your card and create the order.
- Make sure the wallet has
ETH for gas, select
Ethereum and send to the address from the order.
- Wait for
Ethereum confirmations and the payout.
Other banks are covered by USDT ERC20 to a UAH card. Some exchangers run AML/KYC checks or ask you to verify the card, and the name on it may need to match the order. That is the exchanger's requirement, not OnExchanger's.
Buying is the reverse: you pay by card or bank transfer, and the exchanger sends USDT ERC20 to the address you provide. Copy it from a wallet that works with
Ethereum.
How do you avoid mixing up USDT ERC20 and BEP20?
Check the network name, not the address. Ethereum and
BNB Smart Chain both use addresses starting with 0x, so a wallet will accept either. If the order expects
USDT ERC20 and you send on
BNB Smart Chain, the coins can be lost or need a manual recovery the exchanger cannot promise.
An address that starts with 0x does not meanEthereum. The network is whatever you pick in your wallet before you send.
Three checks take less time than a support ticket:
- the exchanger's order says ERC20 or
Ethereum;
- your wallet is sending on
Ethereum, not
BNB Smart Chain or BSC;
- the same address holds
ETH for gas.
When a wallet offers several networks for USDT, do not trust the default — set it yourself.
How do you find a good USDT ERC20 offer on OnExchanger?
Look at the hryvnias you get for your amount of USDT ERC20; the direction table works that out with each exchanger's limits and reserve. Rates arrive from exchangers' public XML rate files, and OnExchanger only shows offers updated recently.
One exchanger may price ERC20 differently from TRC20, so compare within your network. To buy tether on
Ethereum with another coin, try
Bitcoin to
USDT ERC20. Not sure which network suits you? Read TRC20, ERC20 and BEP20 compared.
OnExchanger only compares offers and never holds your money; the exchanger runs the swap, sets its rules and makes the payout. We may earn a partner commission when you go to an exchanger, yet you pay the exchanger's rate with nothing added by OnExchanger.
FAQ
No. Gas for a USDT ERC20 transfer is paid in
ETH, so the transaction will not go through without it; top up the same address with a little
ETH.