Terenval Crypto Glossary · Русская версия

Token balance

Definition: A token balance is the amount of a contract-based token that the token contract records for a blockchain account or address.

For ERC-20 assets, the balance is part of contract state and is separate from the account's native ETH balance.

How this concept appears in Terenval Wallet

On supported EVM networks, Terenval users should distinguish token balances from the native coin needed to pay network fees.

Important: A visible token balance does not guarantee liquidity, market value or authenticity.

Try Terenval Wallet
Verify the network and contract identity of every asset.
Install Terenval Wallet

Related terms

Related Terenval Answers

Sources