Is BSC and BEP20 same?

BEP-20 is the token standard for the Binance Smart Chain(BSC) and is an extension of Ethereum’s ERC-20 . Token standards help ensure smart contracts remain composable, so for instance when a new project issues a token, that it remains compatible with existing decentralized exchanges.

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Do I send BNB BEP2 or BEP20?

Binance Chain adopts the BEP2 token standard, while Binance Smart Chain uses the BEP20 standard . As mentioned, BNB acts as fuel for both. Therefore, you’ll need to acquire some BNB if you want to transact on either chain. These token standards are fully compatible.

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