Nikolas Sargeant
Cryptocurrency exchange PrimeXBT announced on Tuesday July 19 the launch of TRC-20 transfers on their platform.
PrimeXBT is a derivative cryptocurrency exchange founded in 2018 and registered in Seychelles.
TRC-20 is a technical standard used for smart contracts on the TRON blockchain. This will allow for depositing and withdrawing USDC and USDT. According to the announcement, these transactions will take approximately one minute to be confirmed on the TRON blockchain.
USDT (Tether) and USDC (USD Coin) are stablecoins and are both pegged to the US Dollar.
The TRC-20 blockchain joins Ethereum Blockchain ERC-20 and BNB Blockchain BEP-20 on PrimeXBT.
BNB is the utility token at the Binance Exchange, where it allows users to receive a discount on their fees.
Reviews of PrimeXBT have praised it for its low fees and high liquidity.
