MAEXO

ERC-20

Glossary

Tokens & NFTs

ERC-20

The Ethereum standard for fungible tokens — same interface, any logic.

Definition

In depth

ERC-20 is the Ethereum standard that defines a common interface (balanceOf, transfer, approve…) for fungible tokens. Almost every Ethereum-based token — USDT, USDC, UNI, LINK — follows ERC-20, which is why every wallet and DEX can handle them out of the box.

Related

Related terms

Explore

Keep reading

HIGH RISK WARNING: Trading Forex and leveraged derivative products (CFDs) or crypto involves significant risk and is not suitable for all investors. Leverage magnifies both gains and losses. You do not own or have rights to the underlying assets. You may lose all your invested capital; never speculate with funds you cannot afford to lose. Information on this site is general and does not constitute personalized financial advice. Past performance does not guarantee future results. Please ensure you fully understand the risks and review our legal documents section.