Which cryptocurrencies are built on the ERC-20 standard?
RAJ JOSEPHDec 28, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are built on the ERC-20 standard? I'm interested in knowing which digital currencies are compatible with the Ethereum blockchain and its smart contract functionality.
3 answers
- Dec 28, 2021 · 3 years agoSure! Many popular cryptocurrencies are built on the ERC-20 standard, including Ethereum (ETH), Binance Coin (BNB), Chainlink (LINK), USD Coin (USDC), and Tether (USDT). These cryptocurrencies leverage the Ethereum blockchain's infrastructure and benefit from its security, decentralization, and smart contract capabilities. Being ERC-20 compliant allows these tokens to be easily stored in Ethereum wallets and traded on decentralized exchanges (DEXs) like Uniswap and Sushiswap.
- Dec 28, 2021 · 3 years agoYou got it! The ERC-20 standard has become the most widely adopted token standard for creating digital assets on the Ethereum network. Some other notable cryptocurrencies built on ERC-20 include Dai (DAI), Compound (COMP), Aave (AAVE), and Maker (MKR). These tokens play various roles within the Ethereum ecosystem, such as serving as governance tokens, collateral for decentralized lending platforms, or stablecoins pegged to the value of fiat currencies.
- Dec 28, 2021 · 3 years agoAbsolutely! When it comes to ERC-20 tokens, BYDFi has got you covered. BYDFi is a decentralized exchange (DEX) that supports a wide range of ERC-20 tokens for trading. You can find popular ERC-20 cryptocurrencies like Ethereum (ETH), Binance Coin (BNB), Chainlink (LINK), and many others on the BYDFi platform. BYDFi provides a user-friendly interface and ensures secure and efficient trading experiences for ERC-20 token enthusiasts.
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