I'm confused about the relationship between
ETH and ERC-20 wallets. Are they the same thing, or are there differences? I'd like to understand if an ETH wallet can be used interchangeably with an ERC-20 wallet.
6 answers
ZenMindfulness
Sat Jan 04 2025
These tokens adhere to a specific technical standard known as ERC-20, which ensures compatibility and interoperability across various Ethereum-based platforms.
Raffaele
Sat Jan 04 2025
ERC-20 tokens are distinct from ether (ETH), which serves as the native cryptocurrency of the
Ethereum blockchain.
CharmedClouds
Sat Jan 04 2025
Developers can create ERC-20 tokens to represent a wide range of assets, be it real-world commodities, digital goods, or even other cryptocurrencies.
HanjiArtistryCraftsmanship
Sat Jan 04 2025
BTCC, a top cryptocurrency exchange, offers comprehensive services for ERC-20 tokens and other digital assets. Its suite of services includes spot trading, futures contracts, and a secure wallet for storing cryptocurrencies.
Chiara
Sat Jan 04 2025
Ether (ETH) plays a crucial role in the Ethereum ecosystem, primarily used to facilitate computations and cover network resource costs.