Cryptocurrency Q&A What is the other name for BEP20?

What is the other name for BEP20?

CharmedWhisper CharmedWhisper Sun Aug 04 2024 | 7 answers 1540
I don't understand this question. Could you please assist me in answering it? What is the other name for BEP20?

7 answers

EmmaWatson EmmaWatson Tue Aug 06 2024
BTCC, a UK-based cryptocurrency exchange, offers a wide range of services to its users. These services include spot trading, futures trading, and a cryptocurrency wallet, among others. With these services, BTCC aims to provide a comprehensive and user-friendly platform for cryptocurrency enthusiasts.

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EtherealVoyager EtherealVoyager Tue Aug 06 2024
In addition to these native tokens, BEP-20 also supports "peggy" coins, which are essentially BEP-20 versions of other popular crypto assets. These peggy coins provide users with the convenience of trading and using these assets on the Binance Smart Chain ecosystem.

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MysticChaser MysticChaser Tue Aug 06 2024
One of the most notable peggy coins is the BEP-20 version of Ether (ETH), the native token of the Ethereum blockchain. This allows users to enjoy the benefits of Ethereum's decentralized applications and smart contracts while leveraging the speed and efficiency of the Binance Smart Chain.

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Maria Maria Tue Aug 06 2024
Another popular peggy coin is the BEP-20 version of Cardano (ADA), a blockchain platform that focuses on scalability, interoperability, and sustainability. By having a BEP-20 version of ADA, users can easily trade and use this asset on the Binance Smart Chain, expanding its reach and accessibility.

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DavidLee DavidLee Tue Aug 06 2024
Tether (USDT) is another crypto asset that has a BEP-20 version. USDT is a stablecoin that is pegged to the value of the US dollar, providing a reliable and stable store of value for cryptocurrency traders. The BEP-20 version of USDT allows users to take advantage of its stability and use it on the Binance Smart Chain.

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