Common Cryptocurrency Deposit Networks Explained

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USDT Multi-Network Guide

KuCoin currently supports five USDT variants across different blockchain networks for deposits and withdrawals:

1. USDT-ERC20 (Ethereum Network)

2. USDT-TRON (TRC20)

3. USDT-KRC20 (KCC Network)

4. USDT-EOS

5. USDT-Algorand

👉 Compare USDT network fees in real-time

BTC Deposit Options

Bitcoin Native Chains

FormatAddress PrefixSupported ActionsNotes
Segwitbc1...Deposit/WithdrawRecommended for lower fees
BTC (P2SH)3...Deposit/WithdrawCompatible with older wallets
Legacy1...Withdraw-onlyNot accepted for deposits

Wrapped BTC Networks

Key Blockchain Protocols

ProtocolNative ChainNative TokenUse Case
ERC20EthereumETHSmart contracts, DeFi
TRC20TRONTRXHigh-speed transfers
KRC20KCCKCSKuCoin ecosystem projects
BEP2Binance ChainBNBCentralized exchange transfers
BEP20Binance Smart ChainBNBEVM-compatible DeFi

Deposit Best Practices

  1. Verify Contract Addresses

    • Always confirm the token contract address before depositing, especially after protocol upgrades
  2. Network Compatibility

    • Never send native chain coins (e.g., BTC) to ERC20 addresses
  3. Exchange-Specific Rules

    • Some exchanges only support specific networks for certain tokens

👉 Step-by-step deposit guide

FAQ

Q: Which USDT network has the lowest fees?

A: TRC20 (TRON) typically offers the lowest transaction costs (~1 USD per transfer).

Q: Can I withdraw BTC-Legacy to a Segwit address?

A: Yes, KuCoin supports cross-format BTC withdrawals.

Q: What happens if I send ERC20 tokens via the wrong network?

A: Funds may be permanently lost. Always triple-check the network before transferring.

Q: Is KCC better than Ethereum for transactions?

A: KCC offers faster/cheaper transactions but has fewer DeFi options compared to Ethereum.

Q: How do I identify TRC20 addresses?

A: All valid TRC20 addresses begin with "T" (e.g., TXYZ...).

Q: Why does KuCoin support multiple BTC formats?

A: To accommodate different wallet types - Segwit for modern wallets, Legacy for older systems.