Binance.US will handle all technical requirements involved for all users holding ETH and other ERC-20 tokens in their Binance.US accounts. The Ethereum (ETH) network upgrade and hard fork will not result in new tokens being created.
Read moreHow do I get my ERC20 wallet address on Binance?
Open the Ethereum app on your Ledger device by navigating to the Ethereum icon and pressing both buttons simultaneously . You should now be able to see your BSC address with your ETH/ERC20 in your MetaMask Ledger account.
Read moreWhat is ERC20 network in Binance?
ERC-20 is a technical standard used to issue and implement tokens on the Ethereum blockchain . It was proposed in November 2015 by Ethereum developer Fabian Vogelsteller. The standard describes a common set of rules that should be followed for a token to function properly within the Ethereum ecosystem.
Read moreCan ERC-20 tokens be mined?
Can you mine ERC-20 tokens? You can mine ether (ETH), but tokens are not mineable – we say they’re minted when new ones are created. When a contract is launched, developers distribute the supply according to their plans and roadmap.
Read moreCan a token be mined?
Unlike mineable cryptocurrencies such as Bitcoin, Ether or Litecoin, pre-mined coins or tokens are often issued by a centralised authority . There are cryptocurrencies that have been both pre-mined and are being mined.
Read moreCan you mine Ethereum tokens?
Technically, anyone can mine on the Ethereum network using their computer . However, not everyone can mine ether (ETH) profitably. In most cases, miners must purchase dedicated computer hardware to mine profitably.
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