Cryptocurrency Q&A Is BEP20 a BNB smart chain?

Is BEP20 a BNB smart chain?

Alessandra Alessandra Fri Feb 28 2025 | 5 answers 1343
BEP20 is a token standard on the BNB Smart Chain, similar to ERC20 on Ethereum. It defines how tokens can be used, who can use them, and other rules of usage. BEP20 is designed to provide a flexible format for developers to issue a variety of tokens on the BNB Smart Chain. Is BEP20 a BNB smart chain?

5 answers

HanjiHandiwork HanjiHandiwork Sun Mar 02 2025
BEP-20 tokens represent a distinct class of digital assets.

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KDramaLegend KDramaLegend Sun Mar 02 2025
They function within the Binance Smart Chain (BSC), a sophisticated blockchain platform conceived by Binance.

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Luigia Luigia Sun Mar 02 2025
The BSC serves as the foundational layer upon which BEP-20 tokens operate.

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charlotte_anderson_explorer charlotte_anderson_explorer Sun Mar 02 2025
The BEP-20 standard builds upon the ERC-20 standard, which has been widely adopted on the Ethereum network.

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EnchantedSeeker EnchantedSeeker Sat Mar 01 2025
By extending the ERC-20 framework, BEP-20 offers a robust structure for the creation and administration of tokens within the BSC ecosystem.

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