Questions tagged [erc-20]

NebulaPulse Mon Nov 11 2024 | 6 answers 1255

Coinbase supports ERC-20 tokens, which are based on the Ethereum blockchain. Coinbase wallet allows users to store, send, and receive various cryptocurrencies including ERC-20 tokens such as USDC and DAI. Additionally, Coinbase has its own platform token called COIN, which is an ERC-20 token used for rewards, discounts on trading fees, and governance rights within the Coinbase ecosystem.

KimonoElegance Sun Nov 10 2024 | 5 answers 892

ERC-20 is a technical standard for tokens on the Ethereum network, while Coinbase is a cryptocurrency exchange platform. They are two different concepts. ERC-20 defines a set of rules for creating and managing tokens on the Ethereum blockchain, whereas Coinbase provides services for buying, selling, and storing cryptocurrencies. Therefore, ERC-20 is not a Coinbase.

ZenMindfulness Sat Nov 09 2024 | 7 answers 1247

I'm wondering if Coinbase can be considered as an ERC-20 wallet. I know Coinbase supports a variety of cryptocurrencies, but I specifically want to confirm its compatibility with ERC-20 tokens. Additionally, it would be helpful to know about any special features or limitations Coinbase has regarding ERC-20 token storage and transactions.

GeishaMelody Sat Nov 09 2024 | 7 answers 1702

Coinbase can indeed receive ERC-20 tokens. ERC-20 is a technical standard used for issuing and implementing assets on the Ethereum blockchain, and Coinbase has support for this type of token. Additionally, Coinbase has even upgraded its ERC-20 asset recovery tool, further indicating its compatibility with ERC-20 tokens. Moreover, Coinbase has its own platform token called COIN, which is an ERC-20 token, showing the exchange's deep integration with the Ethereum blockchain and its standards.

charlotte_anderson_explorer Fri Nov 08 2024 | 5 answers 1139

I'm trying to check the validity of an ERC-20 transaction, but I'm not sure how to do it. Can someone guide me through the process of verifying an ERC-20 transaction?