ERC20 Wallet | Ledger (2024)

The right wallet for your ERC20 tokens

Looking for a ERC20 Wallet to buy and store your ERC20 tokens? Join 6+ million customers who trust
Ledger hardware wallets to securely store their crypto and use them on the day-to-day basis.

Secure your ERC20 tokens

Trusted by over 6 million customers

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Ledger Secured Solution

What is an ERC20 wallet?

Whether you’re looking to keep your crypto safe for long-term or manage them on a daily basis,Ledger has the right product for you.

Get a Ledger wallet

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant tomalicious attacks and threats. Pair the Ledger crypto wallet with Ledger Live App to manage your ERC20 tokens on the go.

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Ledger Live App

Ledger Live App is a gateway to managing your assets, staking and earning passive income, checking your real-time balance, tracking transaction histories, and more.

How to get an ERC20 wallet?

1

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Get Ledger Nano

Select and purchase a Ledger wallet of your choice.

  • Beginner in the crypto world? Get started with Nano S Plus.
  • Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano

2

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Download Ledger Live

Download and install the Ledger Live app in a couple of clicks on desktop and mobile.

Coupled with a Ledger, it makes the most secured wallet for your ERC20 tokens.

Download the app

Windows app Mac app Linux app

ERC20 Wallet | Ledger (5) ERC20 Wallet | Ledger (6)

3

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Add Ethereum to your portfolio

Install Ethereum on your Ledger Nano:

  1. Open Ledger Live and navigate to Manager.
  2. Connect and unlock your Ledger device.
  3. Search for Ethereum in the app catalog and click Install.
  4. Head to Accounts
  5. Add Account

You’re all set to receive ERC20 tokens!

Buy, Swap, Manage, and Stake ERC20 tokens at your fingertips

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Manage your ERC20 tokens

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can buy and send/receive ERC20 tokens.

*Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

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Buy ERC20 tokens

You can easily buy ERC20 tokens with a credit/debit card or bank transfer. Choose from a range of service providers (Paypal, Ramp, MoonPay, Sardine…) and select the option that works best for you.

Your ERC20 tokens will land safely in your Ledger ERC20 Wallet.

Buy ERC20 tokens

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Stake ERC20 tokens

Put your ERC20 tokens to work and get rewards.

In just a few clicks, you can start staking ERC20 tokens through Ledger Live. Track your rewards in the Earn section and discover staking opportunities across chains.

Stake ERC20 tokens

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Swap ERC20 tokens

Swapping allows you to explore different crypto assets, protect your ERC20 tokens from volatility, and diversify your portfolio.

You can easily swap ERC20 tokens through Ledger Live without using fiat currencies.

Swap ERC20 tokens

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The best ERC20 hardware wallet

Compare our wallets

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Ledger Nano S Plus

4.5/5 - 1 213 Reviews

The perfect crypto wallet to start securely managing your ERC20 tokens.

  • Desktop
  • USB-C
  • Crypto & NFT

Learn more

Most popular

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Ledger Nano X

4.5/5 - 11 108 Reviews

Secure and manage your crypto on-the-go with our Bluetooth®-enabled ERC20 hardware wallet.

  • Desktop & Mobile
  • Bluetooth
  • USB-C
  • Crypto & NFT

Learn more

ERC20 Wallet | Ledger (15)

Ledger Stax

Coming soon

Our most advanced and customizable ERC20 wallet yet, enjoy a curved E Ink touchscreen crypto-experience unlike ever before.

  • Desktop & Mobile
  • Bluetooth
  • USB-C
  • Larger screen
  • Crypto & NFT

Learn more

Compare our wallets

Choice of 6,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

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What is ERC20?

ERC20 is Ethereum Request for Comment, number 20. ERC20 is a formal Ethereum Improvement Proposal (EIP) that was adopted as a smart contract token standard on Ethereum’s blockchain.
It is a protocol standard that defines specific rules and standards for issuing tokens on the Ethereum’s network.

The majority of tokens issued on the Ethereum blockchain are ERC20 compliant. It allows one token to be traded with another.

ERC20 tokens similar supported by our hardware wallet

See the full list

Axelar TRC20 BEP20 Pepe Reef Peercoin Metal DAO Power Ledger Celsius Network

Securely manage, buy, swap, and stake 5.500+ coins

See the full list

Moonriver BTSE Token USDD PIVX Ethereum Name Service Waves Osmosis Injective Solana

ERC20 Wallet | Ledger (34)

Frequently Asked Questions

Ethereum is a public blockchain network for building decentralized applications (dapps) using smart contracts, which are written in the programming language Solidity. Ethereum has a native cryptocurrency called Ether (ETH), which is used for transferring value on the network and paying gasfees, which are required to cover the costs of computation across the network and prevent spamming.

However, the existence of smart contracts on the network, which are ostensibly autonomous accounts and computer programs, enables a suite of new functionality in Ethereum not available in Bitcoin. Ethereum is a Turing-complete platform, meaning that virtually any logic can be programmed into applications on the network. Smart contracts are accounts that execute functions automatically on the network, and a group of smart contracts coalesced into a broader purpose form dapps (Decentralized applications).

To facilitate communication and the development of functional, interoperable dapps and smart contracts, a framework for standardized smart contracts for tokens was created. The most prominent of which is ERC-20.

ERC-20 is a standardized format for the creation, issuance, and management of fungible tokens on Ethereum. These tokens have different use cases and applications, such as utility tokens, and are created by developers using ERC-20 as a reference. The standard provides basic formats for transferring and interacting with ERC-20 tokens, which are subsequently used by various wallets to enable the storage, transfer, and management of the tokens.

Standardization leads to rapid innovation and underscores the Internet’s design.

ERC-20 tokens are designed to be fungible, which means that each token unit is equivalent to the next. For example, using the Maker DAO ERC20, 1 MKR is always equivalent in value to 1 MKR.

Most tokens on the network are ERC-20 compatible and can be seamlessly exchanged and transferred for one another on the network. Most of the Ethereum-related tokens you will find on coin aggregation sites are ERC-20 tokens, like Chainlink, Maker, Matic and many more.

Besides ERC-20 on Ethereum, several other standards emerged (i.e., ERC-721) that focus on different types of tokens, such as non-fungible. These non-fungible tokens are designed to represent unique digital assets, like a virtual cat, with the rise of CryptoKitties becoming the flagship example of what non-fungible tokens can accomplish.

The easiest and most reliable way to determine which standard a token is following is to look at its source code.
To do so, head over to Etherscan, and find the token by searching for its contract address (or name). Make sure to double-check with a trusted source that you got the right smart contract address, there are thousands of fake token contracts out there. Take it from one of your transactions for example.
In the Profile Summary on the right, click the contract address, and on the “contract” tab, hit ctrl+F (or cmd+F for Mac) and search for “ERC”. You’ll just have to see if it implements ERC20 standards or others.

Initially proposed by developer Fabian Vogelsteller, ERC20 has ballooned to encompass a series of narratives, from powering the ICO fundraising method and craze of 2017 to underscoring the potential of standardized protocols in public networks.

Related Resources

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ERC20 Wallet | Ledger (2024)

FAQs

What are the disadvantages of ERC20 tokens? ›

Challenges and limitations of ERC-20 tokens

Scalability issues: The increasing demand for Ethereum transactions has led to network congestion and high gas fees, hindering the scalability and potential usage of ERC20 tokens.

Which wallet is best for ERC20? ›

MetaMask is one of the most popular crypto wallets for storing ERC20 tokens. There are no fees to use MetaMask, and it comes as a mobile app (iOS and Android) and a browser extension (Chrome, Firefox, Edge, Brave). MetaMask is decentralized, so users are provided with their private keys when setting the wallet up.

How does ERC20 wallet work? ›

An ERC20 wallet is either a software or hardware tool for managing Ethereum-based tokens, facilitating transactions, and engaging with decentralized applications on the Ethereum network. An ERC-20 wallet stores Ethereum and ERC-20 tokens.

Can you send any ERC-20 to Ledger? ›

Although your Ledger device can secure most Ethereum ERC20 tokens, not all ERC20 tokens are supported by the Ledger Live app. Non-supported ERC20 token deposits will not show in Ledger Live and will not create a transaction record in the Latest operations section in Ledger Live.

What is the safest way to store ERC-20 tokens? ›

The safest way to transfer ERC20 tokens is to use a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it very difficult for hackers to access them. They also allow you to sign transactions with a PIN code, which adds an extra layer of security.

How to avoid ERC-20 fees? ›

Below are a few tips that can help you avoid gas fees:
  1. Optimize the transaction timing. The gas price of Ethereum keeps fluctuating throughout the day. ...
  2. Take advantage of rebate offers. ...
  3. Choose transaction type carefully. ...
  4. Monitor network congestion to avoid delays. ...
  5. Benefit from gas tokens. ...
  6. Switch to Ethereum 2.0.
Feb 20, 2023

Is Coinbase wallet a ERC-20 wallet? ›

ERC20 can be traded using Coinbase Wallet, your key to the world of crypto. ERC20 is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms.

Is coinbase wallet ERC-20? ›

Coinbase Wallet supports thousands of tokens, including all ERC-20 tokens and all tokens on EVM-compatible chains, such as Avalanche C-Chain and Polygon.

What is the most common ERC token? ›

Top 10 ERC Token Standards You Need to Know
  1. ERC-20. The first token standard to hit the market was the ERC-20 standard. ...
  2. ERC-721. The ERC-721 token format was created to serve the growing NFT community. ...
  3. ERC-1155. ...
  4. ERC-777. ...
  5. ERC-1400. ...
  6. ERC-4337. ...
  7. ERC-512. ...
  8. ERC-6551.
Nov 30, 2023

What is an example of an ERC-20 wallet? ›

Some popular ERC-20 token wallets compatible with both the Ethereum (ETH) and Binance (BNB) blockchains include: - Zengo: A self-custody mobile wallet that supports a wide range of ERC-20 tokens, including those on the Ethereum and Binance Smart Chain (BSC) networks.

Is it safe to share my ERC-20 address? ›

Your crypto addresses are safe to display anywhere you would like to accept tips, payments, or donations. It is not possible to steal digital currency with a public address alone.

How long does it take to withdraw ERC-20? ›

In most cases, ETH and ERC-20 withdrawals normally should take no longer than two hours to be processed.

How much is ERC-20 worth? ›

ERC20 to USD
AmountToday at 6:25 pm
1 ERC20$0.0036
5 ERC20$0.0179
10 ERC20$0.0358
50 ERC20$0.1792
4 more rows

How much does it cost to create ERC-20 tokens? ›

On average, the cost to create ERC20 token lies between $5000 to $10,000, depending on the type of token developed and business requirements.

What does ERC-20 address look like? ›

The exchange will make it clear what type of chain they are using; however, one easy way to differentiate between these two is by the way the address is structured. An ERC20 Address only starts with '0' and 'x'. For example: 0xbc6e. A TRC20 Address only begins with a capital 'T'.

Are ERC-20 tokens good? ›

The ERC-20 token standard, originally designed for the Ethereum blockchain, has seen widespread adoption across EVM (Ethereum Virtual Machine) compatible networks. This is largely due to the standard's flexibility, efficiency, and the ease with which developers can create and deploy tokens using it.

How much does it cost to issue an ERC-20 token? ›

On average, the cost to create ERC20 token lies between $5000 to $10,000, depending on the type of token developed and business requirements.

What are the cons of security tokens? ›

Cons of Using Tokens
  • Compromised Secret Key. One of the major cons of relying on tokens is that it relies on just one key. ...
  • Data Overhead. The overall size of a JWT is quite more than that of a normal session token, which makes it longer whenever more data is added to it. ...
  • Shorter Lifespan.

Do ERC-20 tokens use gas? ›

ERC-20 tokens are similar to Bitcoin and Litecoin in many aspects. However, the most significant difference is that instead of running on their own blockchain network, ERC-20 coins run on Ethereum's blockchain network and use gas as the transaction fee.

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