I'm trying to figure out which token is considered ERC-20. There are so many tokens in the crypto market, and I want to make sure I'm investing in the right one that follows the ERC-20 standard.
6
answers
Nicola
Sun Mar 23 2025
This standard ensures that tokens adhere to a specific set of rules and guidelines.
Lucia
Sun Mar 23 2025
By following these rules, ERC20 tokens can be easily integrated into various Ethereum-based applications and platforms.
AzrilTaufani
Sun Mar 23 2025
Fungibility is a key aspect of ERC20 tokens, meaning each token is interchangeable and equivalent in value to another.
BenjaminMoore
Sun Mar 23 2025
ERC20 represents a technical standard for tokens that operate within the
Ethereum blockchain ecosystem.
LightWaveMystic
Sun Mar 23 2025
The
Ethereum blockchain provides a secure and decentralized environment for ERC20 tokens to exist and be traded.