Cryptocurrency Q&A
Is Nexo an ERC20 token?
Is Nexo an ERC20 token?
EthereumElite
Mon May 13 2024
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5 answers
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Could you please clarify whether Nexo is indeed an ERC20 token? I've been hearing mixed opinions on this matter, and I'm quite curious to know the truth. ERC20 tokens are known for their compatibility with the Ethereum blockchain, and Nexo seems to have some sort of association with it. However, I'm not entirely sure if it fully meets the criteria to be classified as an ERC20 token. Could you provide some insights into this? It would be greatly appreciated if you could shed some light on this matter.
5 answers
Martina
Wed May 15 2024
It is compatible with two major networks, namely the Ethereum network and the BNB Beacon Chain network.
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Caterina
Wed May 15 2024
Currently, the NEXO Token operates in accordance with contemporary standards.
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Lorenzo
Tue May 14 2024
On the Ethereum network, the NEXO Token adheres to the ERC-20 standard.
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CryptoMaven
Tue May 14 2024
Additionally, it also functions on the BNB Beacon Chain network, utilizing the BEP2 token standard.
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CryptoMystic
Tue May 14 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services.
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