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.
5 answers
isabella_oliver_musician
Wed Nov 06 2024
BEP20 and ERC20 are two distinct types of tokens that differentiate based on their underlying blockchain protocols.
FireflySoul
Wed Nov 06 2024
ERC20 tokens are built on Ethereum's blockchain, a platform known for its decentralized nature and smart contract capabilities.
Riccardo
Wed Nov 06 2024
In contrast, BEP20 tokens are based on Binance Chain, a blockchain designed specifically for digital asset trading.
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.
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.