Are all Ethereum wallet addresses compatible with ERC-20 tokens?

In turn, wallets and other ERC-20 compatible services use this standard to enable their infrastructure to receive, store, exchange and send ERC-20 tokens. The first thing you need to know is that all Ethereum wallet addresses are compatible with ERC-20 tokens.

What are the best free ERC20 wallets?

MetaMask is one of the most popular ERC20 wallets. It is another web-based free wallet that works as an extension on different browsers such as Opera, Chrome, Firefox, and Brave. It is one of the most popular free web wallets for Ethereum giving direct access to the ethereum blockchain to crypto investors.

Are ERC20 tokens a good investment?

ERC20 tokens can be made to offer high liquidity, and smart contract transactions are thought to be low-risk if the programming is done correctly. To hold ERC20 tokens, users need an ERC20 wallet, as with any other crypto. But what’s important is to make sure that the crypto wallet in question supports tokens of this nature.

Which ETH wallet should I use?

When it comes to ERC-20 tokens, the recommended wallets are MyEtherWallet (MEW) and MetaMask. Whatever the ERC-20 token may be, you can be sure that they are accessible via these two wallets. Before opening an account on either of these two ETH wallets, it is important to note that they are self custody wallets.