Lightning cryptocurrency exchange

 
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What is the difference?

Exchange TrueUSD to Cardano

What do you need to know?

  • ­ The average time of the exchange of TUSD to ADA — from 1 to 2 minutes
  • ­ Only 4 confirmations of the TUSD are needed to complete the exchange
  • ­ Do not send TUSD through a third party contract! Such transactions are not automatically processed. We accept transactions from the original TUSD contract

What is TrueUSD?

TrueUSD is a stablecoin based on the Ethereum blockchain (ERC-20 protocol). It was released in March 2018 by TrustToken. She is known for creating digital analogues of real assets that can be traded on exchanges. TrueUSD is backed 100% by the dollar at a 1:1 ratio.

TUSD smart contract

Do not send TUSD through a third party contract. Our exchanger only accepts transactions from the original TUSD contract.

Network fee

To work with tokens, the wallet must have ETH. It is very difficult to calculate the exact amount of ETH to send a transaction. During periods of high load, it can change significantly. Each token can have a different transaction value. Therefore, it is better that the amount of ETH on the wallet is slightly higher than the average fee on the network at the moment. The average commission can be estimated using the Blockchair analytical service.

The system does not see the transaction, what should I do?

If you have sent funds, but there are no changes, check your transaction in an explorer (etherscan.io or blockchair.com) and make sure that the transaction was created.

If the transaction has already been added to the blockchain, and the system has not seen it, contact technical support, we will be able to help you promptly.

A brief history of Cardano

At the end of 2014, former Ethereum developer Charles Hoskins put together a team to create a Cardano platform that, in his opinion, had to meet all his requirements. With the help of the platform, Charles Hoskins wanted to introduce cryptocurrency into the real economy, make microtransactions convenient and create convenient conditions for launching reliable and secure decentralized applications.

Cardano address formats

There are 2 types of Cardano addresses:

  1. Byron is the first version of an address that starts with "A" or "D".
    Example: Ae2tdPwUPEZGJXifUWS7Dps4DU836BUKxQi11RdREsc6AkW4PZYUrVANfiJ
    Example:
    DdzFFzCqrhsejNpK4W1ez1p8vYsn24oMqHTQpFdn6VUEf4WD9MQEmsbvUioCt18ei17eAWAphZGMHJRZVLLR2qKQCBckvvTyyKWLQ3sS
  2. Shelley is a new type of address based on the bech32 format. The address starts with "addr1". A feature of these addresses is their compactness. If earlier all information was stored in the blockchain, now only the most necessary remains there. Also, the new address model allows for up to 123 address versions.
    Example:
    addr1qyqlrkfrauruw27d6r9hrvu0m4lr93x4svrazsjex78yffynycyk0wy2fn6tjxexpdg9yceput30p4t5cr2kcfwv2dzs99w7ye

Speed in the Cardano blockchain

The exchange requires 15 confirmations. Blocks in the ADA blockchain appear approximately every 20 seconds. The average time for confirmation of an exchange is 5 minutes.

exchange in 3 easy steps

  1. Enter the desired amount of TrueUSD (ERC20) and write your wallet address to receive currency.
  2. Click the "Exchange now" button and you will be taken inside your order.
  3. Send TrueUSD (ERC20) to the address from your order, after the required network confirmation, Cardano will be sent instantly.