The Best Wallet for ERC20 Tokens

ERC20 tokens are Ethereum blockchain native tokens. Unlike tokens like Bitcoin or Litecoin, they do not have their own blockchain. They adhere to the ERC20 standard, hence the name. Because of this, these tokens are compatible with most Ethereum wallets (AlphaWallet included). They are stored on Ethereum addresses and spend gas to be sent.

Anyone can issue an ERC20 token, which has led to a wide spectrum of interesting use cases. Well-known ERC20 token examples are DAI, Tether, Chainlink, Brave’s BAT tokens, 0x, and many others.