BEP-20
It is a token standard to use when transferring crypto assets from other chains to the Binance Smart Chain.
It is an extension of ERC-20, the most common Ethereum token standard. Due to this similarity, BEP-20 is compatible with ERC-20 and BEP-2.
In a sentence
The project issued a BEP-20 token on BNB Smart Chain.
- The project issued a BEP-20 token on BNB Smart Chain.
- A wallet that supports BEP-20 assets can receive compatible tokens from the network.
- The developer modeled the BEP-20 contract on the familiar ERC-20 interface.
- The exchange warned users to select the BEP-20 network before withdrawing.
- The bridge represented the asset as a BEP-20 token on BNB Smart Chain.