Top 5 cryptocurrencies are going up rapidly this week: BTC and altcoins (ETH,…)

This week, BTC price nearly hit a new multi-year high at $16,000. While the supply is increasing by about 2,5% a year, the demand is growing faster than that. At the current market capitalization of over $284…

One of the most significant Ethereum tokens is known as ERC-20. ERC-20 has emerged as the technical standard; it is used for all smart contracts on the Ethereum blockchain for token implementation and provides a list of rules that all Ethereum-based tokens must follow.

ERC-20 is similar, in some respects, to bitcoin and other cryptocurrency; ERC-20 tokens are blockchain-based assets that have value and can be sent and received. The primary difference is that instead of running on their own blockchain, ERC-20 tokens are issued on the Ethereum network.

Functions:

• Interacts with other currencies
• Smart contracts
• Used on compatible platforms, projects, exchanges
• Ensures operation with Dapps
• Secure and easy transaction
• Makes assets interchangeable

Therefore, both types of tokens (TRC-20 and ERC-20) own their features and functions. Your next choice is to choose a secure and efficient wallet to store your crypto assets. One of them is Crystal Wallet.

TRC-20 token gives TRON-based tokens and are used in smart contracts. For example, a TRON-based project might automatically issue more of its TRC-20 tokens to early purchasers by programming such an early purchase bonus into the token’s smart contract.

However, with this added functionality and possibility for customization comes more complexity. TRC-20 token standard is fully compatible with Ethereum’s ERC-20 token standard. This means that TRC-20 tokens can be used in Ethereum-based smart contracts, allowing developers to transfer their Ethereum-based smart contracts to TRON if they choose.

Software crypto wallets are “hot wallets”. This means they could be hacked remotely because of internet access. But if you trade in low volumes, desktop software could be the best cryptocurrency wallet for you.

Crystal wallet

Crystal wallet is a beautifully-designed wallet that supports multi-coin exchanges, including Bitcoin, Ethereum and Erc-20 tokens. It allows you to manage your keys, presents your investment in easy-to-understand charts and is totally customizable — meaning, you can make it perfect for you. Crystal wallet is also available for Apple iOS and Google Android users to download.

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✅ Website: https://crystalwallet.eu/

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Download on:

✅ Google Play: https://bit.ly/androidcrystalwallet

✅ App Store: https://bit.ly/applecrystalwallet

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