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What does token contract address mean (heco token contract address)?

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What does token contract address mean? What is the meaning of token contract add

What does token contract address mean (heco token contract address)?

What does token contract address mean? What is the meaning of token contract address? Generally speaking, it is a public key (private key) of a digital asset and can be regarded as a type of cryptocurrency. In English, “token” is a universal symbol representing a specific virtual commodity or service name, which can also be understood as the meaning of “token”.

For example, if you want to buy a pair of sports shoes or a smartphone, you can buy these products without a hardware wallet. At this time, you need to use your email account, phone number, password, and other information to conduct transactions. So we all know that the email account is a very important identity marker, and the important reason is that it is used for sending and receiving Bitcoin and other digital currencies (Mars Finance).

Heco token contract address

According to reports, according to the official news from Heco, the Huobi Ecological Chain, users who have already deposited token contracts and cannot withdraw funds can transfer their funds to the new address as soon as possible.

Previously reported, Heco will start a two-week airdrop activity on March 1, 2021, totaling 100,000 HT (including 500 million tokens). According to the announcement, “Users can go to the official website or use the wallet link to directly send ERC20 tokens to the contract address.”

As of now, the total number of transactions on the Huobi Ecological Chain Heco has exceeded 1.7 billion, and the total value locked (TVL) is as high as 1.2 billion US dollars. (All data above comes from bscscan.com).

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