
Important Update: Minimum Transaction Amount for USDT Over TRC20 Increased to $15
We regret to inform you that the cost of transacting tokens on the TRC-20 network is rapidly increasing due to several factors. Among these are decisions made by the Tron Foundation, such as the recently implemented TIP 491, the growing congestion of the Tron network, and the record high price of TRX, which has reached $0.28 at the time of writing. These developments have led to a surge in blockchain fees for tokens transacted over the Tron network, particularly for USDT. According to TIP 491, USDT transactions now incur significantly higher fees compared to other tokens. For a detailed explanation, you can read our comprehensive article at https://blockbee.io/blog/post/usdt-trc-20-blockchain-fee-spike-due-to-tip-491.
As a result of these changes, we find it necessary to raise the minimum transaction amount for USDT on the TRC-20 network from $10 to $15. We hope this adjustment will suffice for the near future; however, if fees continue to climb, further increases may become unavoidable.
To help our users combat these rising fees, we have introduced a new feature called Prepaid Fees. By choosing to prepay blockchain fees, users can reduce their transaction costs by up to 50%. This innovative feature is designed to provide significant savings and greater control over fee management. We encourage you to explore this option and learn more by visiting https://blockbee.io/blog/post/introducing-prepaid-blockbee-fees-save-up-to-50-on-blockchain-fees.
Additionally, we recommend considering alternative blockchain networks that offer much lower transaction fees. Many of these networks provide cost-effective solutions with fees that are negligible or even close to zero. Options such as BSC (BEP-20), Optimism, Avalanche, Base, Arbitrum, and Polygon can significantly reduce the cost of your transactions.
Finally, we are thrilled to announce that we will soon support the Solana network. This new integration is in response to the growing demand from our users and is expected to provide another cost-effective solution for your transactions.
By keeping pace with network developments and introducing features like Prepaid Fees, we aim to deliver a seamless and affordable experience for our users. We appreciate your understanding and continued trust in our services.
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