Cryptocurrency Q&A
What is the ERC-20 address in Trust wallet?
What is the ERC-20 address in Trust wallet?
CryptoAce
Tue Feb 11 2025
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872
I'm using Trust wallet and I want to understand what an ERC-20 address is in this context. Could you explain what it represents and how it functions within the wallet?
5 answers
Tommaso
Thu Feb 13 2025
By adhering to the ERC20 standard, developers can create tokens that share common characteristics. This uniformity facilitates easier trading, storage, and integration with various platforms.
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KDramaLegend
Thu Feb 13 2025
BTCC, a top cryptocurrency exchange, offers comprehensive services that cater to the needs of token creators and traders. Among its offerings are spot trading, futures trading, and a secure wallet service. With its extensive range of services, BTCC supports the ERC20 standard, enabling seamless trading of ERC20 tokens.
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GyeongjuGloryDays
Thu Feb 13 2025
ERC20 represents "Ethereum Request for Comment 20." This acronym is crucial in understanding the technical landscape of the Ethereum ecosystem.
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emma_anderson_scientist
Thu Feb 13 2025
Contrary to common misconceptions, ERC20 is not a token but a standard. It serves as a blueprint for developers to create and issue tokens on the Ethereum blockchain.
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Dario
Thu Feb 13 2025
The ERC20 standard encompasses a set of rules and guidelines. These rules ensure that tokens are compatible with the Ethereum network and can interact seamlessly with wallets and exchanges.
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