![]() Second you have to check if the token is listed in the "premade" list, if it's not there, you have to scroll down to the bottom of the list, until you reach the " add a custom token" option you see down here, tap on it How do you configure the token in Trust Wallet?įirst of all you have to open Trust Wallet and tap on this icon in the top right corner of the screen in the main page. Here you can take a look at the tokenomics for the BAT token By inserting the token name or ticker, you will obtain the "Tokenomics". Ethereum blockchain service is named Etherscan and works like a search engine. Where can you find the tokenomics? they are located on the blockchain itself, and the tool to find them is a blockchain scanning service. It creates a sort of "extension" of your Ethereum wallet. To receive ERC20 tokens you won't use a public address which is specific to the token, you will receive it instead at your Ethereum address, but through the contract address the token will be correctly addressed to the token "box". Contract address: the contract address is needed to create a "box" in your Ethereum wallet, where the token can be correctly collected.This allows to quantify very small quantities of the coin. Decimals: those are the numbers after the decimal separator, in dollars indications there are usually 2 decimals (eg $10.35) while the Ethereum token decimals can go up to 18.Ticker: that's the sign which goes along the quantity of the token, that's the same of "BTC" or "$" or "€". ![]() Token name: it's the name of the token or the name of the entity which emits the token, that's the same of "Bitcoin" or "Ethereum" or "Ripple".The tokenomics usually encompass a few informations that will be needed during the token configuration. To add an ERC20 token to your Wallet, and more in general any token, you need to find the so called "tokenomics", which are a sort of ID card of your token. The most common tokens are based on ERC20 specifications which are the rules to forge the token on the Ethereum blockchain. ![]() That's because there are thousands of tokens and new tokens are created every day, so it's not possible for wallets to stay up to date.Īs you probably know, tokens are coins which are forged and relay onto an existing blockchain. ![]() In your journey in the crypto world you got to a point in which you want to deposit a token in your wallet but it's not listed in your wallet. ![]()
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