Can Ethereum (ERC-20) be sent to a Ethereum (ETH) wallet? I have tried finding an answer to this on Google but I’m getting conflicting results and I don’t really understand what the difference is between the two and if they are compatible or not.

The place I am getting my coin from says it is Ethereum (ERC-20) and I need to enter an address to send it to. The only Ethereum wallet I have right now is on LocalCoinSwap which says it is a Ethereum (ETH) wallet. Am I able to send it there or should I find a new place that specifically has Ethereum (ERC-20) wallets? Any info or suggestions are appreciated! Thanks!

  • dericecourcy@alien.topB
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    1 year ago

    Technically Ethereum is not an ERC20 token. But, often exchanges simply label it as ERC20 since the address is the same.

    Do you have Ethereum (ETH)? If so, you can DM me your address and i can simply confirm that it is, in fact, the real ETH. If you attempt to deposit ETH on localcoinswap and the only option is “ERC20”, i would bet that it is just mis-labelled and yes, you can deposit it.