Cryptocurrency Q&A What is BEP-20?

What is BEP-20?

henry_rose_scientist Thu Feb 13 2025 | 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. What is BEP-20?

What is BEP-20?

bep-20 definition token standard

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