What are the best ERC-20 wallets?

Parity makes our list of ERC-20 wallets. Parity is a desktop wallet that has native support for ERC-20 affiliated tokens. The wallet will support the new ERC-223 protocol for Ethereum based tokens, and is quite popular among cryptocurrency enthusiasts. It allows registered users to access all the features of the Ethereum network, including dApps.

What are ERC20 tokens?

ERC20 tokens are used exclusively on the Ethereum platform. The term ERC20 stands for “Ethereum Request For Comments” and 20 is a unique ID number that is used to distinguish the token standard from other tokens. The ERC20 tokens follow a list of rules and regulations on the Ethereum platform.

What does ERC20 address mean?

Also, all Ethereum wallets are actually connected to the Ethereum blockchain. Therefore, the ERC20 address will mean an address in the Ethereum platform. But do remember that the wallet provider needs to ask for permission in order to access or even check your balance from your wallet.

What are the best hardware wallets for cryptocurrencies?

Ledger wallet is basically one of the best hardware wallet. It is designed to store cryptocurrencies with massive security features. Crypto traders and investors passionately use ledger wallets for their cryptocurrency also praised by them. The design is very charming and attractive to use.