When depositing or withdrawing crypto on MAISPIN or other platforms, you'll encounter a critical choice: "Select network type: TRC20 or ERC20." This decision isn't trivial - one wrong selection could permanently lose your funds. This guide explains the differences, how to choose correctly, and what happens if you make a mistake.
What Are TRC20 and ERC20?
TRC20 Essentials
- Blockchain: TRON network standard
- Advantages: Ultra-fast transactions (~1-3 minutes) with negligible fees (0-1 USDT)
- Common Use Cases: Online gaming platforms, crypto exchanges, casino withdrawals
- Address Format: Begins with "T" (e.g., TGu9X...)
๐ Best wallets for TRC20 transactions
ERC20 Essentials
- Blockchain: Ethereum network standard
- Characteristics: Established protocol but higher variable fees (5-25 USDT) and slower processing (5-30+ minutes)
- Primary Uses: DeFi protocols, NFT marketplaces, smart contract platforms
- Address Format: Begins with "0x"
TRC20 vs ERC20: Side-by-Side Comparison
| Feature | TRC20 (TRON) | ERC20 (Ethereum) |
|---|---|---|
| Fees | $0-1 USDT | $5-25 USDT |
| Speed | 1-3 minutes | 5-30+ minutes |
| Best For | Gaming/Exchange transfers | DeFi/NFT applications |
| MAISPIN Support | โ Yes | โ No |
Consequences of Choosing the Wrong Network
If You Select ERC20 Instead of TRC20:
- Funds Become Invisible to MAISPIN's system
- Transaction shows as successful on blockchain explorers
- Permanent Loss in 90%+ cases (non-recoverable)
Example Scenario:
- You withdraw USDT from Binance โ MAISPIN deposit address
- Accidentally choose ERC20 network
- Funds move to Ethereum blockchain but MAISPIN cannot access them
4-Step Safety Protocol
- Verify Supported Networks (MAISPIN = TRC20 only)
- Manually Select TRC20 (never trust auto-selections)
- Test with Small Amounts (1 USDT trial transfers)
- Use Recognized Wallets (MAX Wallet/Binance Wallet default to TRC20)
Why TRC20 Dominates Gaming Platforms
- Near-Zero Fees (saves 95% vs ERC20)
- Instant Confirmations (under 3 minutes)
- Universal Acceptance by casinos/exchanges
- Full MAISPIN Compatibility for deposits/withdrawals
๐ Step-by-step deposit tutorial
FAQ Section
Q: How do I check supported networks?
A: Always consult the platform's deposit/withdrawal instructions or contact support. MAISPIN exclusively uses TRC20.
Q: What if I already sent funds to the wrong chain?
A: Immediately contact both sending and receiving platforms' support teams, though recovery is unlikely.
Q: Are TRC20 and ERC20 addresses identical?
A: No. TRC20 addresses start with "T" while ERC20 addresses begin with "0x".
Final Reminder: Network Selection Matters
USDT remains one of crypto's most stable assets, but chain selection errors cause irreversible losses. For MAISPIN users:
- Always choose TRC20
- Double-check before confirming
- When in doubt, send a test transaction
Remember: MAISPIN only processes TRC20 transactions - ERC20 transfers will result in permanent fund loss.