Cryptocurrency Q&A
Is BNB the same as BEP20?
Is BNB the same as BEP20?
Alessandra
Sun Feb 16 2025
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7
answers
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I'm trying to understand the difference between BNB and BEP20. I know BNB is the native token of Binance, but what about BEP20? Are they the same or different? If different, what are the main distinctions between the two?
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7 answers
RubyGlider
Tue Feb 18 2025
BEP-20 represents a specific token standard that operates within the BNB Chain.
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CryptoBaron
Tue Feb 18 2025
This standard allows for the creation of tokens that are compatible with the Binance Smart Chain (BSC) ecosystem.
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SeoulSerenitySeekerPeace
Tue Feb 18 2025
BEP-20 tokens share similarities with Ethereum's ERC-20 tokens in terms of their functionality and use cases.
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Nicola
Mon Feb 17 2025
However, BEP-20 tokens are tailored to work more efficiently within the BSC network.
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SejongWisdomKeeperEliteMind
Mon Feb 17 2025
Wallets designed specifically for BEP-20 tokens are crucial for securely storing and managing these digital assets.
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