Cryptocurrency Q&A
Is MetaMask ERC-20 compatible?
Is MetaMask ERC-20 compatible?
KimonoElegant
Tue Jul 23 2024
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7 answers
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Excuse me, could you clarify for me if MetaMask is indeed compatible with ERC-20 tokens? I've heard differing opinions on this matter and I'm looking for a definitive answer. As a cryptocurrency user, I'm interested in knowing if I can securely store and manage my ERC-20 tokens using MetaMask. Your insight would be greatly appreciated.
7 answers
CryptoNinja
Thu Jul 25 2024
In addition to ETH, MetaMask also supports any token that is built on the Ethereum blockchain, which is commonly referred to as an ERC-20 token. ERC-20 is a technical standard that defines a set of rules for tokens to follow on the Ethereum network, ensuring compatibility and interoperability.
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Lorenzo
Thu Jul 25 2024
Beyond ERC-20 tokens, MetaMask also supports non-fungible tokens (NFTs) that are built on the Ethereum blockchain, such as ERC-721 tokens. NFTs represent unique digital assets that can be bought, sold, and traded, and MetaMask enables users to store and manage these assets securely.
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Lorenzo
Thu Jul 25 2024
MetaMask is a popular cryptocurrency wallet that enables users to interact with decentralized applications (dApps) and blockchain networks.
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Giulia
Thu Jul 25 2024
However, it's important to note that not all ERC-20 or ERC-721 tokens are automatically displayed in MetaMask. In some cases, users may need to manually import the token's contract address and other relevant information in order to see and interact with it within the wallet.
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KatanaGlory
Thu Jul 25 2024
When it comes to the tokens that MetaMask supports, the primary one is Ethereum (ETH). ETH is the native cryptocurrency of the Ethereum blockchain, and MetaMask is designed to facilitate transactions and interactions on this network.
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