When describing asset support for ERC-20 tokens you may see some referred to as "Supported" and some as "Unsupported". This article will explain what that means.

"Unsupported" or "Non-Supported"

All ERC-20 tokens default to being "Non-supported", which means:

  • They can only be interacted with via MetaMask x TrustVault chrome extension

"Supported"

Fully supported ERC-20 tokens have the additional benefit of:

  • The token balance can be seen inside the iOS TrustVault app and TrustVault Web

  • The token valuation can be shown in the portfolio balance inside the TrustVault app and TrustVault Web

  • Being displayed natively in the iOS TrustVault app and TrustVault Web showing the transaction details.

  • Being able to construct a transaction for the token in the iOS TrustVault app and TrustVault Web

  • The API supports creating a transaction for a supported asset by passing just the assetSymbol (e.g. LINK)

  • Webhook users can get a webhook when ERC-20s are received with full ERC-20 data payload including a valuation

How does a token become supported?

Adding a new token will require it to go through our new token onboarding process which includes things such as:

  • Checking the tokens status

    • is it legitimate?

    • Is it a security?

  • Checking the price feeds for the token

    • Is there sufficient liquidity?

    • Is there sufficient price data?

  • Is the token used by many clients?

If you would like to see an ERC-20 token added to the "Supported" list please contact us.

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