I'm wondering if BEP20 is the same as ERC20. Are they interchangeable or do they have different characteristics and functions? I would like to understand the similarities and differences between these two token standards.
7
answers
KimonoGlory
Mon Apr 14 2025
ERC-20 and BEP-20 serve as crucial protocols in the realm of cryptocurrencies.
Caterina
Mon Apr 14 2025
Both standards define the manner in which tokens engage with various wallets, projects, and smart contracts.
Carolina
Mon Apr 14 2025
The ERC-20 standard is specifically tailored for use within the
Ethereum blockchain network.
JejuSunshineSoulMateWarmth
Mon Apr 14 2025
It ensures that tokens comply with a set of rules and guidelines, facilitating seamless integration and interoperability across Ethereum-based platforms.
Federico
Sun Apr 13 2025
On the other hand, BEP-20 is designed exclusively for the Binance Smart Chain (BSC).