ERC20 is a technical standard for tokens issued on the Ethereum blockchain.
Read moreHow do I know if my token is ERC20 or BEP20?
If you open your Quidax app, you’ll find that a lot of coins are BEP20 tokens, while some are also ERC20 . The primary difference between both chains is in gas fees. When you make a transaction using an ERC20 token, you pay gas fees in Ethereum.
Read moreWhat does an ERC20 address look like?
For example, Ethereum and all ERC20 tokens built on the Ethereum network have a wallet address that starts with 0x (zero-x), includes numbers, upper-case and lower-case letters, and are 42 characters long . Alternatively, a Bitcoin address starts with the number 1 or 3.
Read moreHow do I know my ETH address is ERC20?
To view your ETH or ERC-20 address, navigate and select the Deposit Ether Directly tab . Then click on View Account to see and copy your address.
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