What is BEP20?

BEP20 is a Binance token standard which allows users to deploy fungible tokens or cryptocurrencies on BSC . More specifically, leading crypto assets on other chains can be transferred to the Binance smart chain in the form of pegged BEP20 tokens. Creating a token on the bsc platform is surpassingly easy.

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What is a BEP20 wallet?

BEP20 is a developer-friendly token standard that allows anyone to deploy fungible digital currencies or tokens on Binance Smart Chain . What’s more, leading digital assets on other chains can be ported onto Binance Smart Chain in the form of pegged BEP20 tokens.

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What is Binance smart chain network?

Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications . BSC runs in parallel with Binance’s native Binance Chain (BC), which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC.

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