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What is the difference?

Exchange USDP to USDT (TRC-20)

What do you need to know?

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

What is USDP?

USDP Token is the token of the Paxos platform built on Ethereum blockchain technology (ERC-20 protocol) in 2018. USDP Token is fully backed 1:1 USD issued by the Paxos Trust Company and is approved and regulated by the NYS Department of Financial Services. PAX is also known as USD Digital.

Like other stablecoins such as USDT, PAX aims to combine the stability and reliability of the US dollar with the benefits of digital money. Namely, to make it so that it can be transmitted via the Internet to anyone on the planet, instantly, at any time and practically without commissions.

PAX smart contract

Do not submit PAX through a third party contract. Our exchanger does not accept transactions that are sent by third party smart contracts, except for the original PAX 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.

Brief Information on USDT (TRC-20)

Tether (USDT) was created by Tether Limited in 2014. The developers were able to qualitatively implement a curious idea — to combine a real-life currency and blockchain technology. As a result, the USDT stablecoin appeared — its rate is almost always equal to 1 US dollar. In 2019, USDT was released on the TRON blockchain using the TRC-20 protocol. 

USDT smart contract

Our exchanger only sends transactions to the original USDT contract in the network TRX. Transactions are not sent to addresses of third-party contracts.

Transaction processing speed in the TRON blockchain

The network is capable of processing about 1 500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm a transaction.

exchange in 3 easy steps

  1. Enter the desired amount of Pax Dollar (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 Pax Dollar (ERC20) to the address from your order, after the required network confirmation, Tether (TRC20) will be sent instantly.