Cryptocurrency Q&A What is the difference between erc20 token and ether?

What is the difference between erc20 token and ether?

Luca Luca Fri Jan 17 2025 | 6 answers 1458
I want to understand the difference between ERC20 tokens and Ether. Specifically, how they differ in terms of their nature, function, and usage within the Ethereum network. What is the difference between erc20 token and ether?

6 answers

Martina Martina Sun Jan 19 2025
It is crucial to differentiate between ERC-20 tokens and ether (ETH).

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Valentino Valentino Sat Jan 18 2025
ERC-20 tokens are not the same as ETH, which is the primary cryptocurrency of the Ethereum blockchain.

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Margherita Margherita Sat Jan 18 2025
BTCC, a top cryptocurrency exchange, offers a range of services for ERC-20 tokens and other cryptocurrencies. These include spot trading, futures trading, and secure wallet storage.

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alexander_rose_writer alexander_rose_writer Sat Jan 18 2025
ETH serves as a medium for paying for computations and network resources within the Ethereum ecosystem.

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Nicola Nicola Sat Jan 18 2025
On the other hand, ERC-20 tokens are created to represent various real-world or virtual assets.

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