What is BEP20 in Binance?

BEP20 is the token standard of Binance Smart Chain . … BEP20 sets rules that all tokens created on BSC need to follow. The BEP20 token standard on BSC applies to any token that is launched or created on Binance Smart Chain’s platform. Examples of such tokens are utility tokens, stablecoins, and security tokens.

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What is BEP2 address?

If you created a Multicoin account, your BEP2 address would be the BNB address on your trustwallet . Your BEP20 address would be the coin called “SmartChain”. The BEP2 address starts with “bnb”. Your BEP20 address starts with 0x just like an Ethereum address.

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