Cryptocurrency Q&A Is the ERC-20 address the same as the ETH address?

Is the ERC-20 address the same as the ETH address?

Elena Elena Thu Jan 02 2025 | 5 answers 1270
I'm confused about the relationship between ERC-20 addresses and ETH addresses. Are they the same or different? I want to know if I can use my ETH address to receive ERC-20 tokens. Is the ERC-20 address the same as the ETH address?

5 answers

Daniele Daniele Sat Jan 04 2025
Additionally, a private key is generated. This key is essential for accessing and controlling your funds.

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BlockchainBrawler BlockchainBrawler Sat Jan 04 2025
On the ERC-20 network, your wallet address serves a dual purpose.

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CryptoLordess CryptoLordess Sat Jan 04 2025
It is identical for Ethereum (ETH) and any ERC-20 token, such as USDT. This similarity arises due to the shared infrastructure.

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CryptoTrader CryptoTrader Sat Jan 04 2025
Both ETH and ERC-20 tokens operate on the Ethereum blockchain. This common ground allows for a unified addressing system.

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TopazRider TopazRider Sat Jan 04 2025
When you create an Ethereum wallet, it automatically generates two crucial components. The first is a unique Ethereum address, also known as the public key.

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