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Important Notice: Ensuring Correct USDT Payments for SurferCloud Services ($1≠1USDT)

November 7, 2024
4 minutes
Service announcement
243 Views

At SurferCloud, we aim to provide convenient payment options, including cryptocurrency payments via the Triple-A platform. Recently, we have observed that some customers are not paying the full package amount when using USDT. This article explains why "$1≠1USDT" and offers tips to help ensure your transactions go through smoothly.

$1≠1USDT: Why Your Payment Amount Might Fall Short

Many customers assume that 1 USDT equals 1 USD when paying for SurferCloud services. However, due to exchange rate fluctuations and network fees, this assumption is not always accurate. Here are the main reasons why this can lead to insufficient payments:

  1. Exchange Rate Fluctuations: $1≠1USDT
  • Cryptocurrency values fluctuate, meaning the actual value of 1 USDT may not always match 1 USD.
  • For example, if a package costs $1.00, a customer might pay exactly 1 USDT, expecting it to cover the cost. However, the effective exchange rate may require slightly more than 1.0000 USDT to equal 1 USD. This difference can result in a shortfall, as highlighted by "$1≠1USDT" in our title.
  1. Wallet Network Fees (TRC20 or ERC20):
  • Another common issue is the network transaction fee that is deducted by the wallet platform, not by SurferCloud or Triple-A.
  • Some customers send the exact package amount (e.g., 1 USDT) but overlook the network transaction fee, which can vary depending on the network used. Whether using TRC20 or ERC20, this fee reduces the final amount we receive, which may result in an incomplete payment if it falls below the required amount.
Important Notice: Ensuring Correct USDT Payments for SurferCloud Services ($1≠1USDT)

How to Ensure Accurate Payments

To avoid issues related to "$1≠1USDT," please consider the following when making USDT payments:

  • Verify the Payment Amount: Before confirming your transaction, double-check the exact amount of USDT needed. Small fluctuations in the exchange rate can make a difference, so ensuring accuracy can help prevent underpayments.
  • Account for Wallet Fees: When sending USDT, be aware of any transaction fees your wallet provider may charge on TRC20 or ERC20 networks. You may need to add a bit extra to cover these fees, ensuring we receive the full required amount.
  • Check the Network: Use the network specified on our payment page (TRC20 or ERC20) to complete your transaction. Payments sent through an unsupported network may not process successfully and could result in a loss of funds.

Example Scenarios

Here are two common scenarios we encounter:

  • Scenario 1: A customer wants to pay a $1 package price with 1 USDT, assuming 1 USD equals 1 USDT. However, due to exchange rate fluctuations, 1 USDT is not sufficient to meet the required USD amount, resulting in an incomplete payment.
  • Scenario 2: A customer sends exactly 1 USDT but does not account for the network transaction fee on TRC20 or ERC20. After the fee is deducted, we receive slightly less than 1 USDT, leading to an insufficient payment.

Conclusion

We value our customers’ convenience and aim to provide flexible payment options. To ensure that your payments are processed smoothly, please review the total amount and wallet fees when making USDT transactions. By following these steps, you can avoid payment discrepancies and ensure uninterrupted service.

Thank you for your cooperation, and thank you for choosing SurferCloud.

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Tags : $1 VPS $1≠1USDT SurferCloud USDT VPS

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