Cryptocurrency Q&A
What is BEP-20?
What is BEP-20?
henry_rose_scientist
Thu Feb 13 2025
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6
answers
1828
BEP-20 is a token standard on the Binance Smart Chain (BSC), similar to Ethereum's ERC-20. It defines the functionality of tokens operating on BSC, allowing developers to issue their own tokens. BEP-20 is compatible with ERC-20, making it easier to migrate applications from Ethereum to BSC. This standard offers cost-effectiveness and fast transaction confirmations, making it suitable for DeFi, stablecoins, gaming, and NFTs.
6 answers
SsamziegangSerenadeMelodyHarmonySoul
Sat Feb 15 2025
Developed by Binance, this standard ensures tokens adhere to specific rules and technical specifications.
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Bianca
Sat Feb 15 2025
BEP-20 serves as a crucial token standard in the realm of cryptocurrencies.
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emma_anderson_scientist
Sat Feb 15 2025
Specifically tailored for the BNB Chain, BEP-20 has been instrumental in shaping the ecosystem.
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Giulia
Fri Feb 14 2025
Compliance with BEP-20 allows tokens to seamlessly operate within the Binance Smart Chain (BSC) environment.
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DaeguDiva
Fri Feb 14 2025
The technical framework provided by BEP-20 ensures interoperability and efficiency among various tokens on the BNB Chain.
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