ERC20 – Is It Possible to Send ERC20 Tokens to a Contract Address Like Sending Ether?

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Can we send ERC20 tokens to a contract address??

Best Answer

Yes, any address (contract or not) can be the recipient of ERC20 tokens.

The token contract keeps track of each address's balance. The implementation is usually very simple; just a mapping of addresses to their balances. The transfer method implementation probably won't do anything aside from check the sender's balance before making the transfer.

For more details see here.

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