Lightning cryptocurrency exchange
Exchange Monero to USDT (TRC-20)
What do you need to know?
- The average time for the exchange of XMR to USDT is from 6 to 10 minutes
- You need 2 confirmations of the Monero blockchain for the exchange
- When sending Monero Payment ID, you do not need to enter, we use integrated wallets
- Our exchanger only sends transactions to the original USDT contract
Monero is the most anonymous cryptocurrency
What do you need to know?
- The average time for the exchange of XMR to USDT is from 6 to 10 minutes
- You need 2 confirmations of the Monero blockchain for the exchange
- When sending Monero Payment ID, you do not need to enter, we use integrated wallets
- Our exchanger only sends transactions to the original USDT contract
Monero works on the CryptoNote algorithm, unlike public blockchains (for example Bitcoin, Ethereum), when it is sent, neither the sender, nor the recipient, nor even the amount that was sent can be seen, thanks to Ring Signatures and invisible addresses (Stealth Addresses).
How to confirm the fact of sending funds in Monero blockchain?
Monero uses 2 types of “special” private keys: a private send key (used to send funds from your wallet) and a private viewing key that allows you to decrypt transaction and see the amount of funds sent.
Using this private viewing key, sender address, and Monero software, you can decrypt the transaction and confirm the sending.
You can read more about this in our article — How to prove Monero transaction?
Transaction processing speed
The average block release time is about two minutes. But sometimes delays do occur, and the block exit time can take 10-20 minutes.
Monero network fee
Transactions on the Monero network are very cheap, even at peak network times they are only a few cents.
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.