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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Is SHIB on BEP20?

You may be thinking of depositing SHIB into ShibaSwap to stake SHIB on the platform. However, ShibaSwap only supports the ERC20 version of SHIB, and not the BEP20 version ! When you are staking SHIB on ShibaSwap, you may want to consider the high transaction fees that you’ll incur!

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