Lorenzo
Mon May 13 2024
|
5 answers
903
How do I add ERC 20 token to MetaMask?
I'm a bit new to this cryptocurrency world and I'm trying to figure out how to add ERC 20 tokens to my MetaMask wallet. Could you possibly guide me through the process step by step? I've heard that MetaMask supports ERC 20 tokens, but I'm not sure how to actually add them. Do I need to provide any specific details or information? Also, are there any fees involved in adding tokens to MetaMask? I'd really appreciate your help with this as I'm eager to start exploring the ERC 20 ecosystem. Thank you in advance for your assistance!
GeishaWhisper
Mon May 13 2024
|
6 answers
888
Is Avalanche an ERC 20 token?
I'm sorry, but Avalanche is not an ERC-20 token. ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. Avalanche, on the other hand, is a standalone blockchain platform with its own native token, AVAX. Avalanche is designed to offer high speed, low cost, and scalability, making it a popular choice for decentralized applications and other blockchain-based projects. While Avalanche's native token AVAX may be traded on exchanges and used for various purposes within the Avalanche ecosystem, it is not compatible with the ERC-20 standard. So, to answer your question, Avalanche is not an ERC-20 token. It operates on its own blockchain and has its own unique features and capabilities. If you're interested in learning more about Avalanche or other cryptocurrencies, I'd be happy to provide further information.
