Questions tagged [eth]

Paolo Mon May 13 2024 | 6 answers 1253

Could you please clarify if Ethereum, commonly referred to as ETH, is compatible with the ERC-20 standard? I've heard that ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain that define certain rules and functionalities for tokens. However, I'm not entirely sure if all Ethereum tokens adhere to this standard or if there are exceptions. It would be helpful if you could explain the relationship between ETH and ERC-20, and whether ETH itself is considered an ERC-20 token. Thank you for your assistance in clarifying this matter.

CryptoGladiatorGuard Mon May 13 2024 | 7 answers 1605

I've been doing some research on OpenSea and trying to understand its payment system. Could you please clarify for me, does OpenSea primarily use ETH or WETH as its transaction currency? I've seen some discussions online mentioning both, but I'm still a bit confused about the difference and which one OpenSea actually prefers. Could you elaborate on this, maybe explaining the advantages or disadvantages of using each? I'm just trying to get a better grasp of how the platform operates from a financial perspective.

BlockchainWizardGuard Mon May 13 2024 | 6 answers 1551

Excuse me, could you please enlighten me on the amount of ETH required for staking? I'm a bit unclear on the specifics and would appreciate it if you could break it down for me. Is there a minimum threshold that needs to be met? Or does it depend on the platform or staking method chosen? Additionally, are there any associated costs or fees that I should be aware of? Your insights would greatly assist me in making an informed decision. Thank you in advance for your time and assistance.

GyeongjuGloryDaysFestival Mon May 13 2024 | 7 answers 1569

Could you kindly explain to me what the yield is for ETH and stETH? I've been hearing a lot about these cryptocurrencies and their potential returns, but I'm still a bit hazy on the concept of yield in this context. Could you break it down for me? Is the yield a fixed percentage or does it fluctuate? How is it calculated, and what factors influence its movement? Also, is there a significant difference in yield between ETH and stETH? I'm eager to understand these nuances and make informed decisions about my investments. Thank you for your assistance.

CryptoWizardry Mon May 13 2024 | 5 answers 916

I'm just wondering, is it possible to convert my USDC to ETH? I've been hearing a lot about Ethereum and its potential, and I'm considering diversifying my crypto portfolio. But before I make any moves, I just want to make sure that I can actually convert my USDC to ETH without any hassle. Could you please provide some insights on this? It would be really helpful if you could also explain the process involved, if it's not too much trouble. Thank you in advance for your help!