Cryptocurrency Q&A Is sui an ERC-20 token?

Is sui an ERC-20 token?

AndrewMiller AndrewMiller Wed May 22 2024 | 5 answers 1067
Could you please clarify for me if Sui is indeed an ERC-20 token? I've been hearing a lot about it recently and am trying to understand its technical specifications. ERC-20 tokens are a standard in the Ethereum ecosystem, so it would be helpful to know if Sui follows the same guidelines or if it has its own unique characteristics. Could you also explain the significance of Sui in the larger context of cryptocurrency and finance? Thank you for your assistance in clarifying this matter. Is sui an ERC-20 token?

5 answers

BlockchainBaronessGuard BlockchainBaronessGuard Fri May 24 2024
Operating under the ERC-20 standard, Sui enjoys compatibility with a wide range of wallets, exchanges, and other cryptocurrency platforms. This interoperability allows Sui to seamlessly integrate into the existing crypto ecosystem, expanding its reach and potential applications.

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DondaejiDelightfulCharm DondaejiDelightfulCharm Fri May 24 2024
The Sui token currently boasts a circulating supply of 2.3 billion tokens, accounting for a significant portion of its total supply of 10 billion tokens. This impressive figure underlines the widespread adoption and demand for Sui in the cryptocurrency market.

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Maria Maria Fri May 24 2024
Sui stands out as a decentralized cryptocurrency, leveraging the robust Ethereum blockchain for its secure and transparent operations. The Ethereum platform provides Sui with a solid foundation for its growth and development, ensuring scalability and reliability.

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CryptoVisionary CryptoVisionary Fri May 24 2024
The Sui token utilizes smart contracts to offer advanced functionalities and enhance its utility. Smart contracts enable Sui to execute transactions securely and efficiently, while also providing the flexibility to incorporate innovative features and services.

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Valentina Valentina Thu May 23 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the needs of crypto enthusiasts and investors. Among its offerings are spot trading, futures trading, and wallet services, providing users with convenient and secure ways to buy, sell, and store Sui tokens.

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