Cryptocurrency Q&A How do I know if my token is ERC-20 or BEP20?

How do I know if my token is ERC-20 or BEP20?

WhisperInfinity WhisperInfinity Mon Nov 04 2024 | 5 answers 895
I'm trying to figure out whether the token I have is an ERC-20 token or a BEP20 token. I need to understand the difference and how I can identify which type my token belongs to. How do I know if my token is ERC-20 or BEP20?

5 answers

isabella_oliver_musician isabella_oliver_musician Wed Nov 06 2024
BEP20 and ERC20 are two distinct types of tokens that differentiate based on their underlying blockchain protocols.

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FireflySoul FireflySoul Wed Nov 06 2024
ERC20 tokens are built on Ethereum's blockchain, a platform known for its decentralized nature and smart contract capabilities.

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Riccardo Riccardo Wed Nov 06 2024
In contrast, BEP20 tokens are based on Binance Chain, a blockchain designed specifically for digital asset trading.

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Sara Sara Tue Nov 05 2024
The blockchain protocol underlying each token type influences its adoption and usage. ERC-20 tokens have been around longer and are thus more widely accepted in the cryptocurrency community.

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BlockchainBaronessGuard BlockchainBaronessGuard Tue Nov 05 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options for both BEP20 and ERC20 tokens. These services cater to the diverse needs of traders and investors in the cryptocurrency market.

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