Cryptocurrency Q&A What is an ERC-20 wallet address?

What is an ERC-20 wallet address?

ZenHarmonious ZenHarmonious Mon May 13 2024 | 6 answers 1353
I'm curious about something related to cryptocurrencies. Could you please explain what an ERC-20 wallet address is? I've heard the term quite often but haven't quite grasped its significance. Is it a unique identifier for a specific type of cryptocurrency wallet? Or does it have something to do with the Ethereum blockchain? Also, how do I obtain an ERC-20 wallet address? Is it automatically generated when I create a new wallet? Or is there a specific process involved? I'd appreciate it if you could provide a clear and concise explanation. Thank you in advance for your help! What is an ERC-20 wallet address?

6 answers

Alessandro Alessandro Tue May 14 2024
BTCC is a cryptocurrency exchange operating in the United Kingdom.

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Carlo Carlo Tue May 14 2024
When deploying a token to the blockchain, the creator initiates a process.

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GangnamGlamour GangnamGlamour Tue May 14 2024
This process generates an address that appears similar to any public Ethereum wallet address.

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SamuraiBrave SamuraiBrave Tue May 14 2024
Its services encompass a range of offerings, including spot trading, futures trading, and wallet management.

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DondaejiDelightfulCharm DondaejiDelightfulCharm Tue May 14 2024
The generated ERC-20 token address comprises a unique sequence of letters and numbers.

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