Definition

BEP-20

initialism B-E-P TWEN-tee

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.

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