Cryptocurrency Q&A
What is ERC20 on Coinbase?
What is ERC20 on Coinbase?
Tommaso
Mon Dec 02 2024
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7 answers
1646
ERC20 is a token standard on the Ethereum blockchain, defining a set of rules and interfaces for creating and managing tokens. It allows for interoperability and standardized transactions. Coinbase, a cryptocurrency exchange platform, supports ERC20 tokens, enabling users to buy, sell, and trade these tokens within its ecosystem.
7 answers
Sara
Tue Dec 03 2024
Ethereum Request for Comments, or ERC 20, holds a significant place in the cryptocurrency domain.
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Daniela
Tue Dec 03 2024
This means that one token can be exchanged for another token of the same type without any difference in value.
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CryptoTitan
Tue Dec 03 2024
ERC 20 tokens are widely used in various decentralized applications and platforms.
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Martino
Tue Dec 03 2024
It serves as the token standard that enables users to create tokens with specific characteristics.
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Alessandro
Tue Dec 03 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. These services include spot trading, futures trading, and a wallet facility.
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