Coinbase Launches First ERC-20 Token on Platform

in mgsc •  6 years ago 

Crypto exchange coinbase has launched the 0x token on coinbase pro and friends it will be the first ERC -20 Token supported on the platform.

ERC-20 tokens are tokens developed and used solely on the Ethereum (ETH) platform, where ERC stands for Ethereum Request for Comment, and 20 is the number assigned to this request. ERC-20 makes the creation of new tokens extremely easy, which is why ETH became popular with crowdfunding companies working on Initial Coin Offerings (ICOs).

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