Cryptocurrency Q&A Is BNB a BSC or BEP2?

Is BNB a BSC or BEP2?

Giuseppe Giuseppe Wed Jan 08 2025 | 5 answers 990
I'm confused about the difference between BSC and BEP2. I know BNB is involved, but is it a BSC or a BEP2? I need clarification on this. Is BNB a BSC or BEP2?

5 answers

Carolina Carolina Fri Jan 10 2025
BNB, previously known as Binance Coin, serves as a utility token for the Binance Exchange.

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DondaejiDelightfulCharmingSmile DondaejiDelightfulCharmingSmile Fri Jan 10 2025
This token exists in two variations across different platforms. The first variation is BEP1.

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Tommaso Tommaso Fri Jan 10 2025
The second variation is BEP20, which is tailored for use on specific blockchain networks.

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DaeguDiva DaeguDiva Thu Jan 09 2025
BNB Coin BSC, specifically, is built upon the BEP20 standard. This standard shares similarities with Ethereum's ERC20 standard.

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SamuraiCourageous SamuraiCourageous Thu Jan 09 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services. These services include spot trading, futures trading, and wallet solutions.

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