Currently, the Blockchain industry has reached its popularity to the peak. So many organizations have benefited by incorporating blockchain into their business. One among them is the crypto industry. All the crypto Tokens and Coins are developed using the blockchain. There are numerous blockchain available in the crypto space such as Ethereum, Binance smart chain, and Tron. Each has its unique functionalities and the cost of developing  also differs.

As we know, many people started to create ERC20 tokens on the ethereum Blockchain. Like Ethereum, there is a popular token development platform called Tron, whis is also known as Ethereum killer. The ultimate difference between ERC20 and TRC20 tokens are listed below,

Difference between ERC20 Token and TRC20 Token

The  difference between them is based on the aspects of the programming language used, They are,

• The Blockchain network for ERC20 Token is Ethereum and TRC20 token is Tron
• The Transfer speed of ERC20 tokens takes up to 5 to 10 minutes and for TRC20 tokens it takes a few seconds to minutes.
• The transaction speed for ERC token is 20 per second and Tron can process around 2000 transactions per second
• The Speed of the TRC token is slightly faster than the ERC Token
• When it comes to safety, the ERC tokens are quite high when compared to TRC tokens.

Based on the above aspects, you would have known about the functionalities and you can decide the suitable token standard for your business.

Create TRC20 Tokens

If you wish to create TRC20 tokens for your business, then no worries it is not a tedious task because there are two ways to create them. If you are a tech expert, you can create by yourself. Else connect with the genuine TRC20 Token development company which has Well experienced blockchain engineers who will assist you from planning to deployment.

Cost to create TRC20 Tokens

If you have decided to create TRC20 tokens in the TRON  blockchain, then the TRC20 token development cost plays a vital role. There are some paramount factors that determine the shape of the TRC20 token creation cost. They are

• Business type
• Design of your token
• Characteristics of token
• The complexity of the token
• Quantity of Token
• Ongoing Support & Maintenance

The above factors will determine the cost of creating TRC20 tokens. The exact cost cannot be predicted. However, the approximate cost of creating a TRC20 token will range from $5k to $7k along with a mobile app. The cost range may vary based on your business needs.

So, If you wish to create TRC20 Token, then approach the best TRC20 token development company to develop Tron Tokens with high-end security mechanisms.