Cryptocurrencies have been through serious ups and downs. The rollercoaster of cryptocurrencies is still running through the track. Despite a lot of dips, it has been proven that the currencies are real and they are here to stay. When you start investing in cryptocurrencies, the very first thing you come across is Bitcoin. Bitcoin is the most popular cryptocurrency because of being the very first cryptocurrency and also for being the foundation of crypto. If you have a look at other cryptocurrencies, you will come across two terms: Altcoins and Tokens.What is an ERC20 Token

All the coins other than Bitcoin are called Altcoins. Altcoins have their own Blockchain to run on while the tokens use the blockchain of another coin to run on. Having a look at Tokens must have diverted your attention towards this term ERC20 Tokens. If you ever wondered what is an ERC20 Token, and how can you check if a Token is ERC20, then we have all the answers for you here in this guide.

What is an ERC20 Token?

ERC20 is basically a set of rules that a token has to follow in order to be built over the top of Ethereum system. Another way to understand ERC20 tokens is to consider them as the digital assets built on Ethereum. The ERC20 Tokens can be launched using Ethereum Initial Coin Offering. If the smart contracts do not follow the rules implied by ERC20, they cannot be launched as ERC20 Tokens.

ERC20 Tokens make it very easy for the developers to make new tokens. Every time they want to make a new Token, they do not have to build everything from the scratch, they can make the new token to comply with the ERC20 rules considering that the previous Tokens already follow the rules.

How to check if a Token is ERC20?

There are many ways to check if a Token is ERC20 compliant or not. I will mention the easiest methods here for you to easily check the Token’s ERC20 nature.

  1. Go to Etherscan.io and type the name of your desired token in the search. If the token appears in the drop-down menu or it appears upon searching, it means it’s an ERC20 token. Have a look at the images below to understand.
    REQ is an ERC20 Token, so it appears on Etherescan.io
    QSP is an ERC20 Token and it appears on Etherescan.io as well.
    NEBL is not an ERC20 Token, so it doesn’t appear on Etherscan.

  2. You can sign up for an exchange like Binance, CEX.io or Gate.io. On the exchange, you need to check the deposit address of Ethereum. Now after noting down the deposit address of Ethereum, check the deposit address of another coin like REQ or QSP. If the deposit address of Ethereum and REQ or Ethereum and QSP is same, it means REQ or QSP is also an ERC20 token. Basically, all the ERC20 tokens have the same deposit address as that of the Ethereum for a specific wallet.

    ETH and REQ address is same. It means REQ is an ETH token, which means it’s an ERC20 token.

Have a look at the list of all the ERC20 Tokens below.

List of all ERC20 Tokens

There are about 467 Ethereum Tokens that exist at the moment. These are all the tokens:

EOS
TRON
ICON
VeChain
Populous
OmiseGo
Binance Coin
Status
0x
Augur
Walton
Maker
Veritaseum
RChain
Aeternity
Dragonchain
Basic Attention
Loopring
QASH
Dentacoin
IOStoken
Kyber Network
AELF
Golem
DigixDAO
FunFAir
Nebulas
Aion
Bytom
SALT
Ethos
Power Ledger
Cindicator
Dent
Enigma
WAX
Bnacor
Request Network
Kin
TenX
Iconomi
Pillar
ChainLink
Quantstamp
Gnosis
SIRIN LABS Token
Substratum
Raiden Network
Civic
Storm
XPlay
Storj
IExec RLC
SophiaTX
Po.et
Time New Bank
Enjin Coin
DEW
PayPie
Bibox Token
AirSwap
Santiment Network
Aragon
Blockv
ETHLend
VIBE
Monaco
Ripio Credit
Cobinhood
Theta Token
SingularDTV
Dynamic Trading
IoT Chain
Simple Token
Ambrosus
Decentraland
Revain
CyberMiles
TElcoin
AppCoins
SONM
INS Ecosystem
WaBi
Modum
Unikoin Gold
AdEx
Centra
Quantum Resistand Ledger
Tierion
SpankChain
Edgeless
Melon
Nuls
Internet Node Token
Streamr DATAcoin
UTRUST
adToken
MediShares
Etherparty
Viberte
Lunyr
Cappasity
CoinDash
District0x
Metal
Wings
Bread
FirstBlood
Genesis Vision
Decision Token
ATMChain
Eidoo
MobileGo
TokenCard
Grid+
NAGA
Gifto
Oyster
Cofound.it
Delphy
Monetha
COSS
Hive
BitDegree
Selfkey
LAToken
TaaS
WeTrust
Everex
Agrello
Blocktix
Nimiq
Datum
iXledger
Paypex
Trade Token
Propy
Worldcore
Humaniq
Bloom
Spectre.ai Dividend
Presearch
EncrypGen
BitClave
Lamden
Moethership
HelloGold
Neumark
BlockMason
CanYaCoin
Matchpool
DomRaider
Aeron
Zeusshield
Snovio
Game.com
Moeda Loyalty Points
Open Trading Network
Covesting
SunContract
Maecenas
Numeraire
Stox
Voise
Ormeus Coin
Bounty0x
Swarm City
OAX
Playkey
BitDice
Blockport
Credo
Rivetz
Paragon
Nexium
Blackmoon
Aurora DAO
Primas
AirToken
ALIS
LIFE
Target Coin
BCAP
Mybit Token
Hedge
Patientory
Databits
GET Protocol
Divi
KickCoin
Block Array
Aventus
InvestFeed
eBitcoin
Soarcoin
Rialto
BLUE
QunQun
LendConnect
OneRoot Network
Polybius
Etheroll
Aigang
Pluton
ProChain
DecentBet
Elixir
ChornoBank
Change
Hacken
Xenon
SportyFi
Dovu
Publica
Uquid Coin
ClearPoll
Bitqy
Verify
Hubii Network
Devery
Quantum
Leverj
ICOS
Exchange Union
Autonio
BlockCat
LockChain
Sepctre.ai Utility
Xaurum
Flixxo
Lampix
Payfair
FlypMe
TIES Network
Mercury Protocol
Ethorse
Astro
B2B
DAO.Casino
onG.social
Wild Crypto
Mysterium
AdShares
MyWish
TruFlip
HEROcoin
Credbit
ATLANT
Opus
DigiPulse
MicroMoney
Upfiring
Qvolta
DCORP
Dai
Sharechain
REX
Cryptopay
Bonpay
Indorse Token
REAL
Eroscoin
Internxt
Privatix
SmartBillions
Farad
WandX
vSlice
FLiK
Ethbits
Commodity Ad Network
MCAP
Pylon Network
Global Jobcoin
Tracto
ETLCOIN
NEVERDIE
bitJob
Embers
FundYourselfNow
Emphy
Accelrator Network
Etheriya
ERC20
BitBoost
Gimli
Kubera Coin
Ethereum Cash
Ethereum Gold
CarTaxi Token
Smart Investment
Lgends Room
Bitpark Coin
EthBet
Royal Kingdom
Authorship
Ace
SkinCoin
StarCredits
Jetcoin
Link Platform
Ccore
Newbium
Minereum
eBitcoinCash
Bitcoin Red
Suretly
Confido
iEthereum
Giga Watt Token
RouletteToken
CryptoInsight
Crystal Clear
Billionaire Token
Sugar Exchange
Fujinto
Hawala.Today
DigitalDevelopers Fund
Senderon
PoSToken
Zlancer
Unity Ingot
Dalecoin
Triden Group
BROTHER
Network Token
Yellow Token
BitAsean
EagleCoin
300 Token
Useless Ethereum Token
JavaScript Token
eREAL
iDice
ETHGAS
Veros
ExchangeN
Coinmatic 3.0
Corethum
EXRNchain
Prospectors Gold
Intelligent Trading Tech
Ethereum Movie Venture
PiplCoin
Rasputin Online
Remicoin
Bolenum
FuturXe
SwftCoin
AI Doctor
Zilliqa
SmartMesh
Genaro Network
DATA
CoinMeet
SingularityNET
Viuly
Yee
OriginTrail
Crypto20
Bottos
Olympus Labs
Energo
EchoLink
FairGame
carVertical
Martix AI Network
indHash
RefToken
Qube
ugChain
Hydro Protocol
Hackspace Capital
UG Token
StarChain
TokenClub
BigOne Token
Read
Comsa
AidCoin
Titanium Blockchain
aXpire
REbellious
InsurePal
POLY AI
Pundi X
Maggie
Content and Ad Network
Bankex
InvestDigital
Crypterium
WETH
Zap
MOAC
PlusCoin
GatCoin
Vezt
Coinlancer
TokenBox
EtherDelta Token
IDEX Membership
Sphre AIR
ArbitrageCT
FidentiaX
GameChain System
Ntro
BlockCDN
NEO GOLD
BitSerial
Maverick Chain
Nimfamoney
Gold Reward Token
Bitaire
Natcoin
Sand Coin
Cloud
EDUCare
GUESS
Matryx
LiteCoin Gold
HODL Bucks
Decentralized Universal Basic Incom
Chronologic
PlexCoin
Starbase
iBTC
United Trader Token
EventChain
CAsh Poker Pro
EncryptoTel
Macro
Bitcoin Silver
OX Fina
Wi Coin
Musiconomi
iQuant
CORION
SISA
Soma
Swapcoin
BTCMoon
eUSD
Everus
FAPcoin
Bitcoin2x
UAHPay
Alphabit
eBIT
10M Token
Ethereum Lite
eGold
Hyper TV
Facecoin
eLTC
Blockchain Index
Infinity Pay
Faceblock
GoldUnionCoin
LLToken
KemCredit

Note: The Tokens are listed above only to make it easy for you to know if the Token you are looking for is ERC20 or not. Some of these Tokens can be scams as well. Before investing in a Token, do your own research.