Cryptocurrency Q&A What is the difference between BNB smart chain and BEP20?

What is the difference between BNB smart chain and BEP20?

RubyGlider RubyGlider Tue Feb 25 2025 | 7 answers 1453
I'm trying to understand the difference between BNB Smart Chain and BEP20. I know they are both related to the Binance ecosystem, but I'm not sure how they differ from each other. Could someone explain the distinction between these two terms? What is the difference between BNB smart chain and BEP20?

7 answers

Alessandro Alessandro Wed Feb 26 2025
This network is part of the BNB Smart Chain, formerly known as Binance Smart Chain.

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BlockchainBaronessGuard BlockchainBaronessGuard Wed Feb 26 2025
The fundamental distinction between BEP2 and BEP20 lies in their respective operational protocols.

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ethan_carter_engineer ethan_carter_engineer Wed Feb 26 2025
BEP2 is specifically designed for native transactions that take place on the Binance Chain.

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TopazRider TopazRider Wed Feb 26 2025
BEP20 is tailored to support smart contract transactions.

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GangnamGlitz GangnamGlitz Wed Feb 26 2025
It serves as the standard for tokens issued and traded directly on this blockchain.

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