SunCrypto, one of India's leading cryptocurrency exchanges, is always evolving to make crypto trading seamless for users. We understand that USDT (Tether) is one of the most widely used stablecoins, so to improve your experience, we’ve introduced a new update related to USDT TRC-20 deposits.
What’s New in This Update?
Previously, we supported USDT deposits across multiple blockchains, such as - ERC-20, BEP-20, Arbitrum, Matic-20, and TRC-20.
However, the deposit address for TRC-20 was different from the others. To simplify this, we’ve launched an update that automatically converts USDT TRC-20 deposits into regular USDT.
Key Changes:
▪️ Buying and Selling Disabled for USDT TRC-20: You will no longer see a separate option for buying or selling USDT TRC-20.
▪️ Single USDT Display: Earlier, the market section displayed two USDT options: USDT and USDT (TRC-20). Now, only one USDT option will be visible.
▪️ Deposits Open for USDT TRC-20: Users can still deposit USDT via the TRC-20 network. The only difference is that it will automatically be converted to regular USDT.
▪️ Auto-Conversion Feature: If you deposit USDT via the TRC-20 blockchain, it will be auto-converted to USDT for your convenience.
Why This Update?
This update is designed to make your experience smoother by consolidating USDT under one unified token, making it easier to manage and track your assets. No more confusion about multiple USDT options in the market!
We are committed to making crypto trading simpler and safer for all our users. If you have any questions or need further assistance, feel free to reach out to our support team.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur. We recommend you do your own research or consult an expert before making any investment decision. You may write to us at [email protected].