How it works
Standards can specify how balances, transfers, approvals or metadata work. Ethereum's ERC standards are widely used examples, while other networks have their own equivalents.
What to check
Check the exact standard and contract address rather than relying on the token name. Different token implementations can add features or restrictions beyond the base standard.
- Verify contract address
- Know the standard's capabilities
- Do not confuse compatibility with legitimacy
Limits and risks
Compatibility does not guarantee quality or safety. A malicious token can follow a valid technical standard.
Primary sources
Bitcoin Developer Reference↗Ethereum developer documentation↗FATF: Virtual Assets↗General information only. Investment products can lose value, and terms, fees and regulation can change.