Could you please enlighten me on whether FET qualifies as an ERC20 token? I've been trying to understand the intricacies of cryptocurrency, and it seems that ERC20 tokens have a specific set of characteristics. Would FET fall into this category, or does it differ in some significant way? I'm eager to learn more about how FET functions within the blockchain ecosystem and how it compares to other tokens. Thank you for your time and assistance in clarifying this matter for me.
7 answers
BonsaiLife
Wed Jun 19 2024
The maximum supply of FET stands at approximately one billion tokens.
Michele
Wed Jun 19 2024
Secondly, FET is also issued as a BEP-20 Token, compatible with the Binance Smart Chain Network.
SsangyongSpirited
Wed Jun 19 2024
These tokens exist in two distinct forms, each serving its own purpose within specific blockchain ecosystems.
IncheonBeauty
Wed Jun 19 2024
This BEP-20 variant allows FET to be used and traded within the Binance ecosystem, broadening its reach and utility.
CryptoElite
Wed Jun 19 2024
Firstly, FET is available as an ERC-20 token, native to the Ethereum network.