![]() So now that you have received airdropped ERC-20 tokens, how do you view them? This is quite straightforward as well, if you follow the following instructions. You can now paste the Ethereum address on airdrop portals requesting an ERC-20 address to receive free tokens. Then click on View Account to see and copy your address. To view your ETH or ERC-20 address, navigate and select the Deposit Ether Directly tab.Once you have backed up your seed phrase, the account registration process is complete. It is advisable to store multiple copies of these secret words in secure locations. Next, accept the term of use and give the extension the go-ahead to reveal your seed phrase.Once downloaded and installed, click on the extension icon and follow the prompts to create and confirm your password.Click and install the appropriate extension.Visit and locate the extension that is compatible with your browser.How to Create an Ethereum Address on Metamask However, for this guide, we will limit ourselves to the MetaMask option. It is simple and straightforward to create an account on MetaMask and MEW. A seed phrase is a list of 12 random words that you are required to enter whenever you lose access to your wallet or forget your password. Hence, they will store your private keys on your devices and expect you to write down and store your seed phrase. Whatever the ERC-20 token may be, you can be sure that they are accessible via these two wallets.īefore opening an account on either of these two ETH wallets, it is important to note that they are self custody wallets. When it comes to ERC-20 tokens, the recommended wallets are MyEtherWallet (MEW) and MetaMask. If this is the case, it is unlikely that exchange wallet addresses would support such tokens. In most cases, airdropped tokens are obscure digital assets that are yet to list on exchanges. Ensure that your wallet does not only support ERC-20 tokens, but also lists the specific token you intend to receive, especially if you plan on receiving airdrops. It is advisable to research the compatibility of wallets beforehand. If this describes your current predicament, then you are in the right place. How to Receive an ERC-20 TokenĬhances are you have found an interesting Ethereum project and you are looking to receive its native ERC-20 token. Users can check recommended gas prices on sites like Eth Gas Station. Peak hours where many users are transacting on the Ethereum blockchain will cause gas fees to inflate. These are transaction fees that users pay to miners to have their transactions included in the blockchain. A major consideration to look out for when sending ERC-20 tokens are gas fees. There are mainly two places you can send your ERC-20 tokens from: a wallet from your centralized exchange (Binance, Coinbase, etc) and a software wallet, also called hot wallet (Metamask, Trust Wallet, etc). Sending ERC-20 tokens is as simple as entering or pasting the recipient's Ethereum wallet address.
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