ERC20 tokens now require only 32 network confirmations

The speed of crediting Ethereum and ERC20 network tokens on the website of the BTC2PAY cryptocurrency exchange service will be doubled. This upgrade of the service is possible because now transactions require only 32 network confirmations, instead of the 65 required previously.

What we know about the ERC20 network

ERC20 is a standard that defines an interface for Ethereum tokens, created in 2015. One of the interesting facts about the ERC20 network is that any developer can create their own token based on this standard, allowing even small projects to create their own tokens and attract investors. The most popular Ethereum-based tokens inсlude Maker, Tether, Chainlink, The Sandbox, The Graph, and others. This standard provides high compatibility, security, and simplicity, making Ethereum platform one of the most popular in the crypto industry.

Exchange of ERC20 tokens is available on BTC2PAY

BTC2PAY users who convert Ethereum, Tether, Binance USD, USD Coin, TrueUSD, DAI, and Shiba Inu will definitely appreciate the above updаte. A faster exchange process will reduce the waiting time and increase the overall speed of the cryptocurrency conversion on our service. We invite you to experience the fullness of the updates by creating an exchange request on the BTC2PAY website.