Cryptocurrency Q&A
Is Zilliqa a bep20 token?
Is Zilliqa a bep20 token?
IncheonBeautyBloom
Sun Jun 30 2024
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5 answers
888
Could you please clarify if Zilliqa is indeed a BEP-20 token? I've heard it discussed in the cryptocurrency community, but the details are still a bit fuzzy for me. BEP-20, as I understand, is a token standard on the Binance Smart Chain, which allows for the creation of fungible tokens. Given that Zilliqa is a blockchain platform with its own native token, ZIL, I'm wondering if there's a BEP-20 version of it or if Zilliqa tokens are simply not compatible with this standard. Could you elaborate on this point and help me understand the relationship between Zilliqa and BEP-20? Thank you for your time and consideration.
5 answers
Lorenzo
Tue Jul 02 2024
Notably, ZIL is now available as a BEP-20 token on the Binance Smart Chain (BSC), providing broader accessibility and liquidity for investors.
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CryptoElite
Tue Jul 02 2024
On its native chain, ZIL serves dual purposes. Firstly, it functions as a governance token, enabling holders to participate in decisions that shape the future of the project.
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KatanaGlory
Tue Jul 02 2024
Secondly, ZIL serves as a cryptocurrency for funding the project. Its use as a funding mechanism ensures the sustainable development and expansion of the ZIL ecosystem.
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CryptoWizardry
Tue Jul 02 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services for digital asset enthusiasts. Among these services are spot trading, futures trading, and a secure digital wallet for storing cryptocurrencies.
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Giulia
Tue Jul 02 2024
ZIL Crypto Tokenomics is currently experiencing significant momentum in the cryptocurrency market.
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