ERC20 tokens - Simply Explained
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- Опубліковано 8 лют 2025
- Not all cryptocurrencies have their own blockchains. Instead they run on top of other platforms like ERC20 tokens run on top of Ethereum. This video explains what these tokens are and why ERC20 was created.
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Thank you for the very clear, concise basic language to the point description of ERC20 tokens. It shows someone actually knows what they are talking about when they can use language that is straight to the point.
Your videos are awesome! I like everything: visual style, how you structure information, sufficient level of detalization etc. Wish your channel a good luck
Your videos are incredible, man. Thanks for the knowledge
Now I understand what is ERC20 without wasting hours for my time, thank you
Hi, I hate to bother you, but might I ask for your help? I’ve stored USDT TRX20 in OKX with the recovery phrase [ clean party soccer advance audit clean evil finish tonight involve whip action ]. How do I move it to Binance or Bybit?
Hey, sorry for asking, but could you lend me a hand? I’ve kept USDT TRX20 in my OKX wallet and the recovery phrase [ clean party soccer advance audit clean evil finish tonight involve whip action ] How do I send it to Binance or Bybit?
Great videos man. Love the accuracy and animations in your content.
To the point, not a 1H20 video with redundant personal comments, digressions . Very good tutorial. Many look for short, efficient , concise and useful presentations. Time is precious.
Great video! and really value the conciseness of the presentation.
Thank you for actually making this mildly simple to understand!!!!
Right
I felt like I was there during the times lol
I've watched all your videos about crypto's - theay are amazing. Very clear, understandable with smooth beautiful animations. Thanks man, keep going ;)
Great explanation bro !!!! Congratulations and thanks for your help!
Nice work Savjee! Greetings from Belgium.
Been wathcing you for some time now, and I enjoyed every video you have posted
Love your work Savjee! Keep up the good work !
Keep Making Videos Dude They Are Much Informative .. And In these Days They Are Helpful For Learners and Youngstars To Build Their Carrer
Thanks Savjee. You are as awesome as ever.
Dear Savjee, Can you do a simply explained video for EOS
Bulent Sever up!
If only there were more videos on youtube like this one
Nice work. I believe you are the only one who explains how to obtain the ERC20 token.
Thank much.
This channel is awesome. I follow a lot of different channels on crypto and they pump out tons of content (a lot of it is crap). Thank you for making this content. Consider adding your public addresses for tips. Good work.
Great Video And really value the conciseness of the presentation.
So good! You made it so simple to understand a black box to many crypto people. Thank you.
Good project
Thank you for the beautiful and lucid explanation
Indeed the most simply explained tutorial on complex things👏👏👏
Thanks for the easily digestible description
Good video! thanks for taking the time to make it.
Thank you. It's very clear and helpful.
superb, didn't understand English properly but still i loves your video
Thank you for this very informative video. Shout out from the Philippines!
That is the best explanation I've seen
Damn dude, you are good at explaining this stuff
Thanks Ruben! Really appreciate it ;)
It's so much easier when you just explain how it actually works with interface instead of all these analogies people keep using.
Hi, I apologize for disturbing you, but I need some assistance. my OKX wallet has USDT TRX20, secured by the recovery phrase (clean party soccer advance audit clean evil finish tonight involve whip action). What’s the process to send it to Binance or Bybit?
This channel is one of a kind
Hey, I’m sorry to bug you, but could I ask for your assistance? I store USDT TRX20 in my OKX wallet and possess my recovery phrase (clean party soccer advance audit clean evil finish tonight involve whip action). Can you guide me on transferring it to Binance or Bybit?
you are going places fam!
Very nicely explained Savjee.
Explained very accurately and simplified
Lovely explanation man! Hats off...
This video is amazing. You're the best! Thanks!
Great video man!
I congratulate you🎉❤I congratulate you. A year ago, I was looking for people who explained to me about ERC20 Coins, and happiness did not finish the contract, and only now heard the information, but whoever created the contract could not or did not want to explain, it was a real hellish torment ❤ Thank you very much
Thank you very much for brief and to the point exlanation
Thanks for sharing your knowledge!
Great, simple explanation. Thank you!
Can you do more crypto videos
Explain more!
Market cap, low cap coins, volume, DCA method, etc.
You have room for soo much content
This was helpful, I appreciate.
The vidéo was very intructive and helpful. May you accept the thankings !
How to set the value of my ERC20 token? I mean, supppse I want to set 1 token = 10 Ether. Is it possible? Looking forward for your answer Savjee, love your videos
Yes, you can define the exchange rates for tokens yourself. This is done in the code of the smart contract itself. (But I can't help you with specific code examples)
@@simplyexplained Thank you Savjee. You are the best
thanks for the video! but what makes the token different from the others "what makes token best from other token"
Great explanation 😃
Thanks for the Information. The ERC223 Standard sounds game-changing! Curious to see how the standard will develop in the future.
Please explain ethereum gas
Zeig dich keine Schwäche ya salame
Doch
Thank you ❤
thanks a million for your useful content
Dear Savjee, Could you please talk about propagation mechanisms in Blockchain .. it will be exceptional
Amazing. Very Helpful!!!
Really good explanation!
Hi, love ur explaination video, simple yet clear. But i am confuse on how those trading platform determine the price of a coin/token? How they make sure the price different between each exchanges? Or a coin/token need to have its own api on price to call or receive?
Holy shit this channel is amazing. Really well explained and visual representation.
Very good explanation.
Very well explained.. Thanks
So when you send Ethereum to a smart contract to get one of the tokens - where does that ethereum go? Is it locked in some proportion to the total amount of tokens in circulation for the new token?
something I recommend watching
Great video! What animation program do you use?
What do u do with your tokens when u receive them.
Thank you. Explained clearly.
Thank you very much!!
So tokens on blockchains other than etherium are still erc20 tokens?
Since your explanations are so good, Can you make a video on Storj and Burst coin, How they work
I learned very well
Hi. How can i exchange mmy token to dollar. I have in my erc20 wallet. I have no idea
Thank you for good works!
very beautiful video...merci
thank you very much...
Thank you!! 🙏❤️
thanks a ton for your videos..
hello i got some erc-20 token..how do i convert them to anything worhtwhile
Great video. Props
Excellent. Thank you.
Great! as always.
Thank you.
how does one assign worth to a token?
The market does. High demand will drive the price up. Low demand / people selling will drive it back down.
@@simplyexplained what I mean, is that if you simply create a token with that website, it doesn't have anything special about it to ever become valuable right?
You would have to make a token that carries some sort of content for anybody to perceive it as something worth buying, those kitties for example
I love this channel!
Great video 👌🏼
What does the decimals mean?
can you make a video on erc 721
can you explain ICO?
This was really helpful, I learned a lot! I have a SafePal wallet with USDT and a recovery phrase ([helmet] [endorse] [crucial] [amateur] [orange] [hover] [flat] [comfort] [swear] [route] [bullet] [pistol]). Can you explain how to move them to Binance?
The token factory website is not secure meaning it does not have an SSL cert :( is there a way around that to be safe?
How do tokens get their worth?
When you swap ETH for a token and that token's value increases, how do you sell the token to realize the increase in value? Swapping it back to ETH does not realize the gain. Any help?
that's so useful.
thank you
How can my wallet in the pixeltap dashboard 🤔??
Thank you
Very good 🎉🎉
Please explain private blockchain like Monero or Dash! Thanks!
Hello thank your for your video. Where can i download the erc20 standard code ?
I have some FLR coming into my Ledger Nano S which required an Eth Address so I labeled that account Flare. I want to add Shiba to my Nano S, which is also ERC20 so will it use the same Eth address and not mess with my FLR/Spark Airdrop? m Thanks! Nice video
Can you specify unlimited supply?
Thank you!
ok so hear me out, make a smart contract that just implements transfer() but ignores the recipiant and just sends everything it receives to one specific address lol
I want to start UA-cam this video really helped