RubyGlider
Sun May 12 2024
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6 answers
1593
Are ERC20 tokens safe?
I've been hearing a lot about ERC20 tokens lately, and I'm curious about their safety. Are ERC20 tokens safe to invest in? What are the potential risks involved? Are there any security measures that can be taken to protect my investments? I'd like to understand more about the technology behind ERC20 tokens and how they operate within the blockchain ecosystem. Could you please provide some insights into these questions? I'm considering investing in ERC20 tokens but want to make sure I'm making a safe and informed decision.
isabella_cole_psychologist
Sun May 12 2024
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6 answers
1204
Do I need ETH to send ERC20 tokens?
I'm trying to wrap my head around this cryptocurrency stuff, and I've come across ERC20 tokens. I've heard that these tokens are built on the Ethereum blockchain, but I'm not entirely sure what that means. So, here's my question: do I need ETH to send ERC20 tokens? I've got some of these tokens in my wallet, but I don't have any ETH. Will I still be able to transfer them, or do I need to acquire some ETH first? I'm a bit confused about the relationship between ETH and ERC20 tokens, and I'd really appreciate it if you could clear things up for me.
