USDT Generally works on two smart contract addresses. One most commonly used is USDT ERC20 and another one is USDT TRC20. Tether USDT ERC20 is representing the Ethereum blockchain and Tether USDT TRC20 represents the Tron blockchain.
You can check the below reference images for in-depth knowledge along with visuals.
As we all know, the Ethereum blockchain’s transaction fee is very high compared to the Tron blockchain. If someone transfers USDT with ERC20 address, then it will cut almost 10USDT or more. While if someone will use the USDT TRC address then it will take only 1 USDT transaction fee.
So, the Tron contract address is widely used for transferring funds between exchanges, wallets, and dApps.
How To Convert USDT to Smart Chain On Trust Wallet
Trust Wallet is one of the best decentralized and online wallet. It can be used to store more then 1000 cryptocurrencies. It support almost all coins and tokens.
When we search for USDT is give us the following results:
- Tether ERC20
- Binance_Peg Tether USD BEP20
- (PoS) Tether USD Polygon
- USDTBEP2 BEP2
These are the all coins address that can be used to store, trade, and transfer. But while we look for Tether (USDT) TRC20 it shows only send and receive option. as shown in the below image.
You can receive payment in USDT and also can send payment in USDT. But you can’t swap USDT TRC20 with other coins like BNB, BUSD, and Smart Chain.
Why We can’t Convert USDT TRC20 To Smart Chain and Other Coins
USDT TRC20 is based on TRX blockchain. And Trust Wallet does not support TRON blockchain. So, This is the reason we can’t convert USDT TRC20 to Smart Chain and Other Coins.
USDT TRC20 to Other Crypto in Trust Wallet (Not Possible). One reason for this could be that exchanges work on transaction fees and gas fees. And when the fees in the transaction will be negligible, then no exchange or wallet will support it because there is very less transaction fee.
Convert USDT to Smart Chain in Trust Wallet
The process of converting USDT BEP20 to Smart Chain is very simple. Just go to the DEX option below in your Trust Wallet application. Remember USDT BEP20 should be in upper section as shown in the below image.
Apter this, click on the Approval button. Once successfully approved. Click on the swap button. You can adjust USDT amount manually or as given percentage.
Here you get to see the options of 25%, 50%, 75% and 100%. If you want to convert all USDT in your account to Balance Smart Select, then select the button of Hundred Percent.
If you want to reduce something then you can also adjust it manually and after doing all this you have to click on your swap button. And after doing all this your USDT will be converted to BNB Smart Chain.
This is a very simple and easy way, if you know a little bit of cryptocurrency trading or work on an exchange, then you can do it very easily.
If you do not have much knowledge of cryptocurrency and you do not know much about exchange, then you should do this work only with the help of an expert.
How To Convert USDT to Smart Chain On Trust Wallet USDT BEP 2 to BNB
Binance Smart Chain and Binance Coin both are different. You can convert Your USDT BEP 2 to BNB.
If you want to convert USDT BEP2 to Smart Chain then first you have to convert USDT BEP 2 to BNB and then BNB to BNB Smart Chain.
The way to convert one coin to another is exactly the same, first you have to approve it and then do swap to convert.
Convert USDT Polygon to MATIC
If you receive USDT Polygon blockchain tokens then these tokens can be converted to the MATIC coin only in Trust Wallet. In second step you will be able to convert Your Matic to the BNB smart chain.
In this process also, you have to come with MATIC Approval first. After that, you can swap it with other coins.
Conclusion
Go to the DEX section on Trust Wallet. Select Swap option to convert USDT to Smart Chain.
Select USDT in upper section and Smart Chain in Lower section.
Approve BNB smart chain for swapping. Swap USDT to BNB smart chain.
If your USDT is not BEP20, then convert it to the appropriate address and then swap to the smart chain.
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