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Topic: ERC20 Wallet Address - page 7. (Read 1533 times)

full member
Activity: 1050
Merit: 100
April 28, 2020, 04:45:42 AM
#72
I read explanation of a similar person and it seems like this thread must be locked by the OP or moderator so that the same discussion doesn't get longer and I think all the answers have helped OP
hero member
Activity: 1593
Merit: 502
April 28, 2020, 03:55:36 AM
#71
ERC-20 tokens are created from the foundation of ETH, and if you want to store ERC-20 tokens, you need to have an ETH address and own its own key. You can go to Myetherwallet and create an address for yourself
This is the full explanation, Myetherwallet is simple and easy to use for newbies. You can use the address here for all tokens related to the ETH platform without any worries.
member
Activity: 789
Merit: 10
April 28, 2020, 03:30:33 AM
#70
I was about to point this out, nice one. Many people been complaining about coinomi, that's the more reason why I stopped using it although frankly speaking I've never encountered any issues of coinomi when using it in the past personally. Is there need for so many multi wallets to store ERC20 tokens when TRUSTWALLET right now is the most swift and trustworthy?
Trust Wallet should be enough to store digital assets, but maybe some people want to save it somewhere else and use a new wallet to try it, I myself am more focused on just one multi wallet rather than having to use another wallet
That's right, it's best to use a wallet that can hold all tokens (like trust). And don't let you use a wallet from an exchange. I think focusing on one wallet is the right thing, because in order to make it easier to manage transactions or in terms of security.
sr. member
Activity: 1666
Merit: 292
Eloncoin.org - Mars, here we come!
April 28, 2020, 03:24:04 AM
#69
ERC-20 tokens are created from the foundation of ETH, and if you want to store ERC-20 tokens, you need to have an ETH address and own its own key. You can go to Myetherwallet and create an address for yourself
legendary
Activity: 1666
Merit: 1007
Professional Native Greek Translator (2000+ done)
April 28, 2020, 03:14:28 AM
#68
Coinomi is the best really. You should try it out OP. it supports all ERC-20 and a lot of "normal" cryptocoins
jr. member
Activity: 74
Merit: 1
Crypto Enthusiast
April 28, 2020, 03:13:11 AM
#67
ERC20 tokens are stored on Ethereum addresses, sent using Ethereum transactions, and use GAS (tiny fractions of Ether*) to pay for transaction fees. *Ether is the formal name for the Ethereum blockchain's cryptocurrency (commonly called “Ethereum”).
All the Ethereum Support Wallet has its unique ERC 20 WAllet address. You can try Aladdin wallet for your ERC Assets.
hero member
Activity: 1554
Merit: 503
April 27, 2020, 08:15:45 PM
#66
I was about to point this out, nice one. Many people been complaining about coinomi, that's the more reason why I stopped using it although frankly speaking I've never encountered any issues of coinomi when using it in the past personally. Is there need for so many multi wallets to store ERC20 tokens when TRUSTWALLET right now is the most swift and trustworthy?
Trust Wallet should be enough to store digital assets, but maybe some people want to save it somewhere else and use a new wallet to try it, I myself am more focused on just one multi wallet rather than having to use another wallet
hero member
Activity: 2072
Merit: 656
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April 27, 2020, 07:57:55 PM
#65
Sorry I am new to the Crypto world.
Welcome, and you need to learn first at many sources in this forums before playing with crypto.

Trying to find out more details on the ERC20 Wallet Address and how Do I get one.
There are several kinds of wallets for ERC20 tokens. However, there are only several that are commonly used. They are such as:
- MyEtherWallet
- MetaMask
- Trust Wallet
- Coinbase Wallet
- Ledger Nano S
- Trezor
and still so many types of the wallet address that you can use.
You can find them here https://coinfunda.com/best-erc20-wallets-top-wallet-for-ethereum-tokens/
hero member
Activity: 812
Merit: 503
April 27, 2020, 01:46:38 PM
#64
To make the work more easier for you I will like to list few decentralized wallet on here, they are more secured and better
1. Coinomi wallet
2. Trust wallet
3. Myether wallet
4. Monarch wallet
5. Exodus wallet
6. Bitpay wallet
7. Copay wallet
8. Atomic wallet

Good luck
I think Coinomi should be removed from your list, it's having a lot of problems with many members on this forum complaining about it. I think Metamask should be added to this list, which is a good wallet

I was about to point this out, nice one. Many people been complaining about coinomi, that's the more reason why I stopped using it although frankly speaking I've never encountered any issues of coinomi when using it in the past personally. Is there need for so many multi wallets to store ERC20 tokens when TRUSTWALLET right now is the most swift and trustworthy?
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
April 27, 2020, 01:41:15 PM
#63
Yes erc20 address and ethereum address are same thing. And what you got form coinbase that also a ethereum wallet address. You can hold ethereum there.
You need to understand one thing. Ethereum is not just a coin name it's also a platform. And most of the coin on the market are based on ethereum platform. Whicheans you can store them in ethereum wallet address. But if you use coinbase ethereum address it doesn't support all those coins. It's very selective. So you can try myetherwallet or any other ethereum wallet and create another addres. Where you own the key of the address.

one thing to add, Coinbase address is an exchange address, so it is basically not your address, you should make your own address, where you hold your private key (and save it and hold it, that is the most important), instead of having exchange address

you can save some coins on exchange if you plan to trade, but for your holdings, it is best to have your own address, where you control the key, as they said - not your key, not your coin
member
Activity: 1050
Merit: 10
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April 27, 2020, 01:38:06 PM
#62
Yes erc20 address and ethereum address are same thing. And what you got form coinbase that also a ethereum wallet address. You can hold ethereum there.
You need to understand one thing. Ethereum is not just a coin name it's also a platform. And most of the coin on the market are based on ethereum platform. Whicheans you can store them in ethereum wallet address. But if you use coinbase ethereum address it doesn't support all those coins. It's very selective. So you can try myetherwallet or any other ethereum wallet and create another addres. Where you own the key of the address.
full member
Activity: 1582
Merit: 101
April 23, 2020, 02:19:02 AM
#61
Hi,
Sorry I am new to the Crypto world.
Trying to find out more details on the ERC20 Wallet Address and how Do I get one.
Is the ERC20 Wallet Address the same as the Etherium wallet address which I can get on coinbase.com?

Thanks

For ERC-20 myetherwallet is best ever but be sure that you keeping your private key in secure place and you can not use coinbase because every ERC-20 does not support coinbase. you can here the direction about creating wallet- https://kb.myetherwallet.com/en/getting-started/how-to-create-a-wallet/
sr. member
Activity: 952
Merit: 284
In love with Bitcoin!! 💓💕
April 23, 2020, 01:54:42 AM
#60
No, coinase address is simply to hold Ethereum and only some other erc-20 tokens. But if you want to use any or all  of the erc-20 tokens, then you need an Ethereum wallet where you get the private key. You can use Metamask, myetherwallet, Enjin wallet etc.
full member
Activity: 1050
Merit: 100
April 23, 2020, 01:47:53 AM
#59
try to search from google myetherwallet.com or if you don't want to be too hard to find on your mobile application trust wallet or IMtoken from the store, maybe it can help And don't let you spread your key to other people
Yes, that is a very common step, and is often carried out by all those who do not have a wallet at all, because the advice you have said has also been done in the past, and it is very safe to use until now.
full member
Activity: 527
Merit: 113
April 23, 2020, 01:26:02 AM
#58
In several ways you can receive a Ethereum address. Centralized and decentralized all are secure, if you select top wallet.
Are you sure about that? Not all centralized wallet are safe and could ruin your portfolio. The best wallet comes with private key and any wallet that dont have own private key are dangerous. For an erc20 tokens supported many has mentioned it already and the fact that there still some trusted wallet that supports erc20, we still need to have extra careful since chances of compromise still can happened.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
April 23, 2020, 12:17:54 AM
#57
Dont worry, newbies are welcome and free to ask here, but it is better for you to find the answer yourself.
Yes, the ERC20 wallet is same as Ethereum wallet. You can use your Ethereum address to receive the ERC20 tokens.
Some wallet may need to insert the ERC20 token address manually so that the token will be displayed on your wallet.
copper member
Activity: 593
Merit: 10
April 22, 2020, 08:50:54 AM
#56
Hi,
Sorry I am new to the Crypto world.
Trying to find out more details on the ERC20 Wallet Address and how Do I get one.
Is the ERC20 Wallet Address the same as the Etherium wallet address which I can get on coinbase.com?

Thanks

try to search from google myetherwallet.com or if you don't want to be too hard to find on your mobile application trust wallet or IMtoken from the store, maybe it can help And don't let you spread your key to other people
hero member
Activity: 2338
Merit: 757
April 20, 2020, 07:12:54 PM
#55
Hi,
Sorry I am new to the Crypto world.
Trying to find out more details on the ERC20 Wallet Address and how Do I get one.
Is the ERC20 Wallet Address the same as the Etherium wallet address which I can get on coinbase.com?

Thanks
In several ways you can receive a Ethereum address. Centralized and decentralized all are secure, if you select top wallet. Even by use only opera browser you can receive a Ethereum wallet address. But the best option is Myetherwallet apps or website, all instructions still there.
Custedial wallets are most used by new comers to the crypto community. Most of multi-currency wallets support eth. If the user gets conscious about that if he has access to the private key then he can use it to store erc20 tokens and other tokens developped at top of ethereum.
I can mention two famous wallets; trustwallet made by binance exchange and blockchain.com wallet. Both of them gave you access to the eth private key.
For experienced users, myetherwallet or metamask extension are best alternatives.
hero member
Activity: 2814
Merit: 518
April 20, 2020, 07:10:28 PM
#54
As I understand, any wallet addresses that are created from https://www.myetherwallet.com/ are compatible to use in receiving ERC20 tokens.
Having this wallet gives you full control of your keys unlike if you use from any exchanges which you don't have keys which is very important to safeguard your wallet. That is why most members here are suggesting to use the ETH wallet that is coming from MyEtherwallet, not from exchanges.

Hi,
Sorry I am new to the Crypto world.
Trying to find out more details on the ERC20 Wallet Address and how Do I get one.
Is the ERC20 Wallet Address the same as the Etherium wallet address which I can get on coinbase.com?

Thanks
Actually, you don't need to say sorry. You are noobs here and we understand it. And that is an important thing to do...asking is a way of learning and to find more information than makes you puzzled once. Keep going, mate.
copper member
Activity: 80
Merit: 7
April 20, 2020, 06:55:54 PM
#53
Hi,
Sorry I am new to the Crypto world.
Trying to find out more details on the ERC20 Wallet Address and how Do I get one.
Is the ERC20 Wallet Address the same as the Etherium wallet address which I can get on coinbase.com?

Thanks
In several ways you can receive a Ethereum address. Centralized and decentralized all are secure, if you select top wallet. Even by use only opera browser you can receive a Ethereum wallet address. But the best option is Myetherwallet apps or website, all instructions still there.
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