Cryptocurrency Q&A
Is ERC20 a Binance?
Is ERC20 a Binance?
Nicola
Mon May 13 2024
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6 answers
1141
Excuse me, but could you clarify something for me? I've been hearing a lot about ERC20 and Binance recently, and I'm a bit confused about the relationship between them. Is ERC20 actually a part of Binance, or are they separate entities? Could you explain the difference between them, if there is any? I'm really trying to wrap my head around this cryptocurrency world, and your insights would be greatly appreciated."
In asking this question, I am seeking clarification on a fundamental aspect of the cryptocurrency ecosystem. ERC20 and Binance are terms that I've encountered frequently, but their exact relationship remains unclear to me. As a newcomer to this field, I am eager to understand the nuances and distinctions between various components of the cryptocurrency world. Your explanation would help me gain a deeper understanding of this rapidly evolving industry.
6 answers
CryptoElite
Tue May 14 2024
This token ran on the Ethereum network.
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MysticChaser
Tue May 14 2024
The Binance team has successfully upgraded their asset.
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GyeongjuGloryDaysFestivalJoy
Tue May 14 2024
They have created their own mainnet blockchain versions.
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CharmedVoyager
Tue May 14 2024
BTCC is a renowned UK-based cryptocurrency exchange.
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Margherita
Tue May 14 2024
Holders of old ERC20 BNB tokens can now swap them for the mainnet versions of BNB.
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