Cryptocurrency Q&A
Is ERC-20 cheaper than BEP20?
Is ERC-20 cheaper than BEP20?
CryptoWanderer
Thu Mar 27 2025
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7
answers
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I'm exploring different token standards and trying to understand whether ERC-20 is cheaper compared to BEP20 in terms of transaction costs and overall efficiency. I want to know if there are any significant differences that could affect my decision when choosing between these two standards for token creation and transfer.
7 answers
Alessandra
Sat Mar 29 2025
Speed and cost are two such factors that are influenced by the blockchain.
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Silvia
Sat Mar 29 2025
ERC-20 tokens are native to the Ethereum blockchain.
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Lucia
Sat Mar 29 2025
BEP-20 tokens generally offer faster transactions compared to ERC-20 tokens.
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Rosalia
Sat Mar 29 2025
On the other hand, BEP-20 tokens are associated with Binance Smart Chain.
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CryptoEmpireGuard
Sat Mar 29 2025
This is attributed to the design of Binance Smart Chain which is optimized for efficiency.
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