Post
Topic
Board Altcoin Discussion
Re: ERC20 Wallet Address
by
xenon131
on 23/06/2020, 10:13:36 UTC
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
Coinbase wallet is a mobile wallet to store your coins which are only supported by Coinbase. To store or receive your ERC-20 tokens, you have two options: myetherwallet.com or apps. Myetherwallet has an app which can be found in playstore. To use material apps, you have to remember passwords ( can't auto save) and 12 phases words. Only by UTC file can you get an address on a website

In fact Coinbase is not a wallet, in the literal sense of the word. It is custodial account which resembles account in the bank. Using it you are free of responsibility for the safety  of your ERC20 tokens opposite to MEW which is my favorite wallet to control both ETH and tokens because it allows on their cold storage and full control.