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The ERC20 Token Standard is a set of 8 functions to be included (in an agreed upon language) in a smart token contract in order to enable interoperability across multiple interfaces and dapps. These functions relate to (1) how tokens can be transferred (2) how to access data about the token, and (3) how to format key events like transfers and approvals. ERC stands for Ethereum Request for Comments.
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After you deploy your token, do people who want to buy your token do a transfer with you as ...
I understand there are a list of required functions to deploy in an ERC-20 or BEP-20 token, but do I need buy and sell functions in my code or do I just need the transfer function? I am assuming that …