Cryptocurrency Q&A
What does ERC wallet mean?
What does ERC wallet mean?
CryptoLordess
Mon May 13 2024
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5 answers
1209
Could you please explain what ERC wallet actually means? I've heard it mentioned quite frequently in the cryptocurrency circles, but I'm still not entirely clear on its significance. Is it a specific type of wallet that can only hold certain types of cryptocurrencies? Or does it have a broader application? I'm particularly interested in its relation to Ethereum and how it differs from other types of wallets. I'm sure you've encountered many inquiries like this, so your insights would be greatly appreciated.
5 answers
SumoMighty
Wed May 15 2024
An ERC-20 wallet is a specialized digital wallet.
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CherryBlossomKiss
Wed May 15 2024
It is designed to support Ethereum and its tokens.
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Dario
Wed May 15 2024
ERC-20 wallets comply with the ERC-20 standard.
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QuasarStorm
Wed May 15 2024
This standard ensures compatibility and interoperability.
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Daniele
Tue May 14 2024
BTCC is a UK-based cryptocurrency exchange offering diverse services.
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