Today's Etherium ERC20 token prices by market capitalization
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ERC-20 tokens are tokens that are issued on the Ethereum blockchain. ERC-20 is the most popular standard for convertible tokens on Ethereum. Convertible tokens are tokens in which individual units are interchangeable with each other. In other words, if Alice sends 1 MKR to Bob and then receives 1 MKR from George, she will be in the same situation as before. Examples of ERC-20 tokens are MKR, UNI, AAVE and GRT.
By using the ERC-20 standard when introducing their tokens, developers ensure that their tokens are supported by wallets and can easily interact with the rest of the Ethereum ecosystem. ERC-20 was originally proposed in late 2015 and implements the basic functionality required by tokens, such as the ability to transact between accounts and track balances and supply.
You can buy ERC-20 tokens on centralized cryptocurrency exchanges, such as Binance and Coinbase, or decentralized exchanges, such as Uniswap. If you use a centralized exchange, you can buy ERC-20 tokens for fiat currency (USD, EUR, etc.) or other cryptocurrencies such as Bitcoin and Ethereum. If you want to buy ERC-20 tokens on decentralized exchanges, you will first have to get some ETH to pay for the tokens
The popular cryptocurrency and blockchain system Ethereum is based on the use of tokens that can be bought, sold or traded. Ethereum was launched in 2015 and has since become one of the driving forces behind the popularity of cryptocurrencies. In the Ethereum system, tokens represent different types of digital assets, such as vouchers, IOUs and even real, tangible objects. Essentially, Ethereum tokens are smart contracts that use the Ethereum blockchain.
