USDT: one token, several chains
The same dollar-linked token exists on Tron, Ethereum and other networks. Picking the wrong one is the classic mistake.
Independent crypto explainers
Blockchain and Cryptocurrency, Clearly Explained
Blockchain and cryptocurrency, taken apart one piece at a time: what a USDT transfer really does on Tron or Ethereum, why Bitcoin's supply schedule is fixed in code, and how to keep a wallet out of a scammer's reach. Written for reading on a phone, one screen at a time.
GlixoCoin is not an exchange, broker or wallet. You cannot buy, sell, deposit or store anything here, and we never contact readers about investments. If someone uses our name to offer you trading, returns or fund recovery, it is not us.
21,000,000Hard cap on bitcoin written into the protocol
~10 minTarget time between Bitcoin blocks
T… / 0x…How TRC20 and ERC20 addresses begin
24/7Crypto trading never pauses for weekends
- 2009 to 201250
- 2012 to 201625
- 2016 to 202012.5
- 2020 to 20246.25
- April 2024 onward3.125
Protocol schedule: the subsidy halves every 210,000 blocks. Transaction fees are paid on top and are not shown.
Market clock
Your device time: –
Crypto runs without a closing bell, yet prices often react when stock and currency markets open or shut. The status column is worked out in your browser from each venue's normal session; public holidays are ignored.
MarketNowRegular hours (local time)Guide
Hong Kong stocksHong Kong Exchanges–Monday to Friday 09:30 to 12:00 and 13:00 to 16:00, Hong KongMarket map
Tokyo stocksTokyo Stock Exchange–Monday to Friday 09:00 to 11:30 and 12:30 to 15:30, TokyoMarket map
Three ledgers worth understanding first
Most beginner losses come from not knowing what an asset is, which network it lives on or who is on the other end of a message. Start with these.
Bitcoin's rules in plain numbers
Blocks, halvings, satoshis and the fixed supply, with the arithmetic shown.
Wallet and scam safety
Seed phrases, fake support agents, address poisoning and "recovery" offers.
Blockchain and cryptocurrency basics: how a transfer moves
A blockchain is a shared record that thousands of computers keep in sync. Nobody edits a balance directly. Instead, a wallet signs a message saying "move this amount from my address to that one", broadcasts it, and the network's validators or miners bundle it into a block. Once enough blocks sit on top, reversing it becomes impractical.
Three consequences follow, and they explain most of what can go wrong:
- There is no undo button. A transfer to a mistyped or poisoned address is usually gone.
- Each chain charges its own fee in its own coin. Moving USDT on Tron uses TRX resources; on Ethereum you pay gas in ETH.
- Whoever holds the private key controls the coins. Share the seed phrase and you have handed over the wallet.
Our crypto guide for beginners walks through wallets, keys and exchanges in order, and the glossary defines every term used on this site.
| Network | Address starts | Fee paid in |
|---|---|---|
| Tron (TRC20) | T | TRX (energy and bandwidth) |
| Ethereum (ERC20) | 0x | ETH (gas) |
| Bitcoin | 1, 3 or bc1 | BTC |
Sender and receiver must use the same network. A matching token name is not enough.
Before your first crypto purchase
Five questions worth answering before any money moves. None of them needs specialist knowledge, and together they filter out most expensive mistakes. Each links to the guide that covers it properly.
- What exactly am I buying? A coin that pays for its own network, a token issued on someone else's, or a stablecoin that depends on an issuer's reserves. The crypto basics guide explains the difference.
- Who will hold it? A platform balance is a promise from a company. A self-custody wallet is yours alone, including the job of protecting the seed phrase.
- What will the round trip cost? Card fees, spreads, trading fees and withdrawal charges add up faster than most people expect. See the fee breakdown.
- Is the platform registered where I live? Check the regulator's own register, not a badge on the platform's homepage. Our ten-point checklist shows how.
- Who suggested this? If the idea came from a stranger, a new online friend or a chat group, read the scam guide first. Most crypto fraud begins with a friendly conversation.
Calculators that show their working
Each tool runs in your browser, stores nothing and prints its formula so you can check the result by hand.
Crypto profit and lossInclude the fee on the way in and the way out, then see the real result.coins × sell price × (1 − fee) − stakeMarginHow much collateral a leveraged position locks up.units × price ÷ leveragePosition sizeWork backwards from the loss you can accept.risk ÷ (stop pips × pip value)Pip valueWhat one small step in a currency pair is worth.units × pip size, in USD
Leverage caps, charted
Offshore platforms advertise leverage in the hundreds. Regulators in the UK and EU drew much lower lines for retail clients, and crypto sits at the very bottom of the scale because its prices swing so hard. Before using any borrowed exposure, read the margin calculator notes and our broker and exchange checklist.
Leverage multiplies losses as well as gains. With crypto, a single overnight move can wipe out a leveraged position.
- Major currency pairs30:1
- Other FX, gold, major indices20:1
- Other commodities, minor indices10:1
- Individual shares5:1
- Crypto-assets2:1
Caps set by ESMA and the FCA for retail clients. The FCA does not allow crypto derivatives to be sold to UK retail consumers at all.
Reading list
- What is USDT?Tether's token, its networks, reserves and risks
- What is Bitcoin?Blocks, mining, halvings and self-custody
- How crypto worksKeys, wallets, coins versus tokens, and crypto value
- Buying crypto with a debit cardCard fees, bank blocks and verification
- Crypto signalsWhat paid and free signal groups really sell
- Trading fees explainedSpreads, maker and taker fees, network fees
- Financial markets explainedHow crypto compares with forex and shares
- MT5 robotsAutomated trading software and its traps
- Beginner FAQShort answers to common questions
- GlossaryFrom address to wallet, A to Z
Check a trade before you place it
Most people underestimate how much two small fees take from a short trade. Enter a stake, an entry price, an exit price and the fee rate, and the calculator applies the fee on both legs. It is a planning tool only: it cannot see spreads, network fees or tax.
For the full list of costs, see trading fees explained.
Crypto profit calculator
How it worksProfit or loss
–
Who runs GlixoCoin
GlixoCoin is a small independent publication. We research and explain; we do not broker, custody, advise or sell. There are no affiliate links to exchanges on this site and no sponsored rankings.
Our editorial policy explains how pages are researched and corrected, the about page covers what we will and will not do, and the disclaimer sets out the limits of everything we publish.
