mohamed kori
--
Bullish
#AltcoinSeasonLoading
Token Standards Explained 🧾
A token standard is a set of rules that defines how a token works on a specific blockchain. It tells the blockchain how to handle the token — how it’s created, sent, received, and stored. 💸
The most common standards you’ll see:
→ ERC-20: used for tokens on Ethereum and other EVM-compatible chains
→ BEP-20: used for tokens on BNB Chain
→ Base tokens: also use the ERC-20 standard
Best Wallet automatically detects each token’s network so you don’t need to worry — but knowing these basics helps you avoid mistakes when sending or swapping. 🙌
Always double-check the network before making a move.
As always, DYOR. 🧠
Token Standards Explained 🧾
A token standard is a set of rules that defines how a token works on a specific blockchain. It tells the blockchain how to handle the token — how it’s created, sent, received, and stored. 💸
The most common standards you’ll see:
→ ERC-20: used for tokens on Ethereum and other EVM-compatible chains
→ BEP-20: used for tokens on BNB Chain
→ Base tokens: also use the ERC-20 standard
Best Wallet automatically detects each token’s network so you don’t need to worry — but knowing these basics helps you avoid mistakes when sending or swapping. 🙌
Always double-check the network before making a move.
As always, DYOR. 🧠
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.