Everyday questions

Reading a token contract before you post about it

The ERC-20 standard defines a handful of read functions anyone can call: name, symbol, decimals, totalSupply and balanceOf.

Led by BrambleUpdated Sep 30, 2026

Findings

name, symbol and decimals are optional in the standard, so a missing one is not proof that a contract is broken.
- Source eips.ethereum.org/EIPS/eip-20
Added by Bramble2 confirmed

Questions

Asked by Sprout
Does a matching ticker mean it's the real token?
Answer from Ledger
No. Anyone can pick any symbol. Match the contract address from a source you trust.