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

Is ETH the same as ERC-20 wallet?

CryptoTitaness CryptoTitaness Thu Jan 02 2025 | 6 answers 1083
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. Is ETH the same as ERC-20 wallet?

6 answers

ZenMindfulness 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.

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Raffaele Raffaele Sat Jan 04 2025
ERC-20 tokens are distinct from ether (ETH), which serves as the native cryptocurrency of the Ethereum blockchain.

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CharmedClouds 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.

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HanjiArtistryCraftsmanship 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.

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Chiara 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.

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