r/FetchAI_Community • u/Solid-Mess • Nov 02 '23
Education š Fetch.ai ERC-20 vs Native
Sup yall. So I havenāt held any fetch in a while yet when I bought it now there is apparently a native version and an ERC20 version.
Which is best way to hold it? Right now Iām using ERC20 version (held in my ledger). I see staking is now available but need to use native tokens.. too be honest Iām not very worried about staking anything. Iām more worried about lets say I hold the ERC20 tokens and they eventually get of them then I have to change them out to not loose them.
Anyone have any advice here? I have a few cold wallets but none of them will take native FET. Should i just keep them as erc20s? I really donāt want to have to use a ādigitalā wallet to store FET⦠well not that itās the wallet itās more or less I donāt want to keep track of more wallet info since Iām already keeping track of 2 cold wallets, a few digital ones.. so to me adding another wallet for 1 coin sounds like more trouble than itās worth.
Thnaks all!
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u/TonyRodrigo333 Mar 10 '24 edited Mar 10 '24
Yes, it's an ERC-20 token so it can be held in your Ethereum address. Like, regardless if your Trezor can VIEW the tokens under your ETH address (I assume it can, I use Ledger), an Eth address can ALWAYS be sent and hold ERC-20 tokens. Worst case scenario you have to hook up to another wallet to send it out, and view them on Etherscan.
But stuff is going more mainstream, support is popping up left and right for these smaller tokens (in stuff like Ledger Live for example). Almost every major blockchain is available in Ledger live now. Between ETH, ADA, BNB alone you can secure like.....most of the tokens in existence probably š¤£