What is BEP 20 and how does it relate to the world of cryptocurrency?

1 answers

• Dec 16, 2021 · 3 years ago
  BEP 20 is a token standard that was introduced by Binance, one of the leading cryptocurrency exchanges. It provides a set of rules for creating and managing tokens on the Binance Smart Chain. BEP 20 tokens are similar to ERC-20 tokens on Ethereum and can be used for various purposes in the cryptocurrency world. They have gained traction due to the growing popularity of the Binance Smart Chain and its ecosystem. Many projects and decentralized applications (dApps) have adopted BEP 20 as their token standard of choice, making it an important part of the cryptocurrency landscape.
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