Do you trust ERC20 tokens?

[chayskie04]

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create a lot of hype and pretend their token to be the real deal while they never intended to create a working product.

[scaarletemilye]

Yes. If the ERC20 tokens are created with standard hash algorithms, it's secured for the transaction. Still if you have doubt regarding creating the ERC20 tokens, try out this article [nofollow]

[levyashin]

Erc20 tokens are not untrustful. But if you are saying airdrop e tokens, they are basically a phase. And most of them are garbage. exmr, emonero, eltc, eripple etc.

[Stgeorge]

Of course I trust ERC20 tokens.ERC20 tokens standard is based on Ethereum blockchain.Ethereum is the most trustful blockchain going on now.i don't see any risk about ERC20 tokens.ofcourse there are scam projects that use ERC20 tokens,you should be careful about them.

[Tiana1]

You can't trust all ERC20 tokens, many scam tokens in the name of ERC20 tokens are out there.

[Hamza Pawel]

I still believe erc20 tokens may be because until now I haven't experienced a scam, and I also always sell tokens that I have quickly, but if I look at your experience it seems I have to be more careful with that

[eidoscore]

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create a lot of hype and pretend their token to be the real deal while they never intended to create a working product.

i just trusting few Ethereum Token,of course included major Ethereum based on coinmarketcap from rang 2-30 ERC-20 Token, but for now i'm not trust anymore in Ethereum token

[yitzjoe]

most tokens are like that, but there are some of them that are potential and give us a lot of benefits, the best reviews will give you maximum profits in the future whether it's coins or tokens

[alfatih99]

it is indeed true that many coins currently use the ERC20 many do scammers, and I think in making a purchase or investing in coins we must be careful.

[sampoerna]

Although this kind of tokens are very popular, we must be more careful in this ERC20. Everybody can make such tokens easily in this platform. Many tokens are going to be scams with it. However, with the high analysis, we can see how this token will benefit.

[ZionRTZ]

Many of the ERC-20 tokens that came out last year, especially those distributed purely thru airdrop, are useless now but there are some that's been doing well in the market. Take BAT for example.

[khufuking]

Well, I just got scammed because of a bug on one coin contract, I will not say the same because I don't want people to try and use it, but ya the contracts should be reviewed really good, I don't want to talk about the past incidents we all know about that made people lose millions because of a bad contract.

I just want to say be really careful when dealing with smart contracts.

[pedangrusak]

ERC20 is an ETH platform and some of the tokens created are potential to provide future benefits but we must be observant because more and more new tokens are currently

[mightwalker]

It is very easy to create ERC-20 tokens, I think most of ICOs first create their tokens in Eth because it's popular and easier raise funds.

[sixexgames]

It's probably true that there are more scam projects that are tokens rather than coins that go through the trouble of creating their own blockchain. But Bitconnect was it's own thing and we saw how that turned out.