Which popular digital currencies are EVM compatible?
Gustavo CamposDec 01, 2024 · 8 months ago4 answers
Can you provide a list of popular digital currencies that are compatible with the Ethereum Virtual Machine (EVM)? I'm interested in knowing which cryptocurrencies can be used on the Ethereum network and benefit from its smart contract capabilities.
4 answers
- iambetterFeb 28, 2024 · a year agoSure! Many popular digital currencies are EVM compatible, which means they can be used on the Ethereum network. Some of the well-known EVM compatible cryptocurrencies include Ethereum (ETH), Binance Coin (BNB), Chainlink (LINK), and Cardano (ADA). These cryptocurrencies can leverage the capabilities of the EVM, such as executing smart contracts and interacting with decentralized applications (dApps).
- Mohammed MohamedSep 28, 2024 · 10 months agoAbsolutely! When it comes to EVM compatibility, Ethereum (ETH) is the most prominent digital currency. Being the native cryptocurrency of the Ethereum network, ETH is fully compatible with the EVM and serves as the fuel for executing smart contracts. Additionally, several other cryptocurrencies have also adopted EVM compatibility, such as Binance Coin (BNB) and Chainlink (LINK). This compatibility allows these digital currencies to tap into the vast ecosystem of decentralized applications built on the Ethereum network.
- Felipe BorgacoNov 11, 2022 · 3 years agoCertainly! In addition to Ethereum (ETH), there are other popular digital currencies that are EVM compatible. For example, Binance Coin (BNB) is the native cryptocurrency of the Binance exchange and has recently introduced its own blockchain, Binance Smart Chain (BSC), which is fully compatible with the EVM. BSC offers lower transaction fees compared to the Ethereum network, making it an attractive option for users and developers. With the rise of decentralized finance (DeFi) applications, EVM compatibility has become a sought-after feature for digital currencies.
- Ryan CanningNov 22, 2021 · 4 years agoAbsolutely! Ethereum (ETH) is the pioneer in EVM compatibility, as it was specifically designed to work seamlessly with the Ethereum Virtual Machine. However, other digital currencies have also recognized the benefits of EVM compatibility and have implemented it in their protocols. For instance, Cardano (ADA) is a blockchain platform that supports smart contracts and is fully compatible with the EVM. This allows ADA holders to interact with Ethereum-based dApps and benefit from the vibrant ecosystem of decentralized finance and other applications.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 2616907Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0621Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0546How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0522Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0411How to Trade Options in Bitcoin ETFs as a Beginner?
1 3355
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More