Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)
Make crypto bots for trading

What is Elrond Standard Digital Token (ESDT)?

Crypto Terms Glossary: What is Elrond Standard Digital Token (ESDT)?

An Elrond Standard Digital Token (ESDT) is similar to the ERC-20 tokenization standard employed by the Ethereum network. ESDTs enable true asset ownership and programmability with minimal transfer fees, allowing Elrond's infrastructure to build a robust variety of DeFi products. Elrond Standard Digital Tokens are designed to facilitate inexpensive token transfers that allow tokens to be moved from one account to another without utilizing a smart contract. Because of their native in-protocol support, transactions sent or received with ESDTs don't require use of the Elrond Virtual Machine (EVM) — enabling a user-friendly, fast, and scalable token transaction ecosystem that functions similarly to that of Elrond eGold (eGLD).

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Artificial Intelligence (AI): AI and Crypto trading: a smarter way to trade for everyone
Crypto trading has evolved far beyond staring at charts and guessing trends. Today, Artificial Intelligence (AI) is changing the game - making it easier, faster, and smarter for everyone..
Press Releases: UnionEx Forms Joint Venture with Leading Southeast Asian Fintech Unicorn and Secures Indonesian License
UnionEx, the leading global cryptocurrency exchange, is proud to announce that it has secured the Indonesia license through a newly established joint venture with a leading Southeast Asian..
Market and Events: Telegram launches built-in TON wallet for users in the US
On July 22, 2025, Telegram officially launched the built-in TON (The Open Network) cryptocurrency wallet for more than 87 million users in the US, expanding access to its Web3 ecosystem..
Market and Events: JPMorgan is considering launching crypto collateral lending
JPMorgan Chase, the largest US bank, is discussing the launch of a new product in the form of loans secured by cryptocurrency assets. This was reported on July 22 by the Financial Times..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more