Do you trust ERC20 tokens?

[rippar]

Why we shouldnt trust erc-20 tokens? ERC-20 is the most popular standart of tokens, which is used by 100% of market. Yes, the have some disadvantages, but they still are very good to use it.

[lequyen]

Most ICOs are using the ERC ERC20 platform, which demonstrates its reliability and quality. I still believe in ETH, I believe ETH is doing well and developing its technology

[Ranly123]

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 alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

Whether you like it or not, crypto business is prone to scams. Some people are lucky to invest on a legit one and some also are unlucky to be scammed. What I would emphasize here is that, erc20 tkens is still trustworthy to invest even with all these negative feedbacks about scams. Why? Because erc20 tokens are some sort of start-ups for new and upcoming altcoins in the market.

[MilaNOV]

I trust the ERC-20 Blockchain Ethereum. Of course lots of projects use it because it is the trustworthy one. But do I trust to all the tokens based on the ERC-20? Well, you know lots of tokens and their future depends on the work of the team, the promoters and how successfully the product will be implemented into the real life. Lots of projects try to develop the token and product, but a big amount of do nothing because of different reasons...

[Natusik]

Many tokens are standard erc20, but not all they deserve of trust! But the first coin of this standard, ethereum seems very reliable!

[Salala1]

I do believe, i mean strongly believe and trust these tokens. They have helped me out from financial constraints and i am now a hero and financially stable to move on in life and activities.

[joromz1226]

For me its not fullt trustable but i trust for trading purposes.
Batchflow really important security issue but almost all tokens are now safe

I will support your answer Sir, it is really true that not all erc20 are trustable because there are many ico tried to erc20 but in the end they are just

scam, while doing trade in the platform was comprehensible because it is an exchange where you trade instantly your token.

[AiwonOleh]

These tokens are made on the basis of ETH therefore they are already promising, but certainly not all are growing and developing, and there are those that just fall in price

[victory.lil]

Not so little time has passed that we could say that there are some very obvious vulnerabilities that we could have heard about today. I think that now you need to learn to check all incoming information. So that in the future we had an idea about it.

[awakpane]

I believe in ERC20 tokens. because ERC-20 tokens are tokens that are designed and used in the Ethereum platform. They also follow certain standards such as can be shared, exchanged with other tokens, or transferred to a crypto wallet.

[Mancung]

There are a lot of scam or trash coins out there, and unfortunately moat of them are Erc20 based tokens which will makes a negative trends amongst this ethereum blockchain, but we can’t just generate them all like that and we have to take a good look at it, there still a lot of quality coins and altcoins, we just need to choose the right ones

[feny.blackpink]

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 alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

It must be sad for you and the investors of eBitcoin. I thought it was a legit project ?
Anyway, the problem is not the ERC20 tokens, but the company of the token you bought.
There are many real project using ERC20 token, and they properly deliver their promises.

[Uhde]

yes of course. i trust ethereum project and vitalik. they di really very good. and their blockchain provides a good infrastructure for so many projects in the ecosystem. erc20 token standard is quite good and safe.

[D3m1r4wanti]

I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

 By the way a good choice in my opinion

I also feel like that, so far I have used and traded altcoins so often that I use the ERC-20 smartcontract basis and during that time I feel positive. Everything is alright. in my opinion it's even easier

[yavorskiy616]

hello I trust ERC20 tokens for the reason that after some create their platforms that excel Ethereum but their not a big percentage.

[Gamblet]

I trust this standard of tokens. I think that what's important is not what the token standard is and what application this token has. This standard of tokens is very popular and there were very few problems with it. I think that you can trust this token standard.

[xOdiumNostrumx]

I think its not really relevant if its a ERC20 token, build on some other infrastructure or it has its own blockchain, the important thing is that you dont fall for a scam project. The safest option is investing in top 5 coins or do a ton of your own research.

[paramelton]

That depends on each certain project. ERC20 is just a token type and it is legit, but behind any project stays certain people, sometimes you can trust them, sometimes they are scammers. So I recommend you to do your own research before investing.

[Akeeto]

Yes I do trust ERC20 token but of course not all of them because others just basically make their token for the sake of scamming people. So to secure my investment I make research before investing and I make sure that I won't get scam. Though we can't really tell that is 100% legit

[dommerty]

of course, why should I lose trust in erc-20 coins. Although I've heard about hacks due to smartcontracts error, but it is still most common way to create your own project based on ethereum