Why does The Giving Block support ERC-20 Fantom (FTM) token but not tokens sent via Opera or Binance
The Giving Block supports the ERC-20 Fantom (FTM) asset but The Giving Block does not support transfers via the Opera or Binance chains. In order to successfully donate Fantom (FTM) to a charity please be sure the assets you are transferring are on the Ethereum mainnet (ERC-20 token).
"Fantom has an ERC20 token, but it can’t be used directly on the Opera mainnet.
Here’s a breakdown of the different FTM tokens in circulation at the moment
1. Opera FTM: Used on Fantom’s mainnet Opera Chain 2. ERC20: Exists on the Ethereum network 3. BEP2: Exists on Binance Chain
Note that Fantom Opera addresses share the same structure as Ethereum addresses (0x…), but they are not Ethereum addresses."
Fantom is an Ethereum compatible solution that functions as a parallel network that helps Ethereum scale. Although many tokens exist on different networks, it is important to note that sending assets from the Opera or Binance chains to nonprofits using The Giving Block will result in lost funds.