Why are there so many tokens? Can the same wallet receive them all?
Because the interfaces are standardized, wallets and exchanges can recognize new tokens without having to develop separate support for each one.
Here’s the important part: when adding a new token, verify its contract address through official channels and a block explorer. Don’t trust addresses provided by strangers.
ERC-20 tokens are issued on Ethereum, and transfers require $ETH to pay for gas. It’s currently 2433.29.
Understand the rules before getting started, and don’t make decisions on impulse.
Because the interfaces are standardized, wallets and exchanges can recognize new tokens without having to develop separate support for each one.
Here’s the important part: when adding a new token, verify its contract address through official channels and a block explorer. Don’t trust addresses provided by strangers.
ERC-20 tokens are issued on Ethereum, and transfers require $ETH to pay for gas. It’s currently 2433.29.
Understand the rules before getting started, and don’t make decisions on impulse.