Cryptocurrency Q&A
Does BNB support ERC20?
Does BNB support ERC20?
Lorenzo
Tue Apr 01 2025
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7
answers
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I'm wondering if BNB, the native token of Binance, supports the ERC20 standard. ERC20 is a common standard for creating and managing tokens on the Ethereum blockchain, and I'm curious if BNB has this compatibility.
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7 answers
Eleonora
Thu Apr 03 2025
BEP20 tokens, being native to the Binance Smart Chain, utilize the same address format.
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Riccardo
Thu Apr 03 2025
Ethereum and ERC20 tokens share a common deposit address.
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Gianluca
Thu Apr 03 2025
It's crucial to note that Ethereum and BNB have distinct deposit addresses.
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CosmicDream
Thu Apr 03 2025
This differentiation is implemented for security purposes, ensuring the integrity of both blockchain networks.
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EnchantedPulse
Thu Apr 03 2025
This similarity in address is specific to ERC20 tokens, which are built on the Ethereum blockchain.
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