Cryptocurrency Q&A Are BNB and BEP20 the same?

Are BNB and BEP20 the same?

EmilyJohnson EmilyJohnson Sat Nov 30 2024 | 7 answers 1634
I'm confused about the relationship between BNB and BEP20. I know that BNB is the native token of Binance, but I'm not sure if it's the same as BEP20. Can someone clarify if they are the same or different, and provide some background information on both? Are BNB and BEP20 the same?

7 answers

JejuSunshineSoul JejuSunshineSoul Mon Dec 02 2024
BEP-20 tokens share similarities with Ethereum's ERC-20 tokens.

Was this helpful?

356
72
Federico Federico Mon Dec 02 2024
BEP-20 represents a token standard on the BNB Chain.

Was this helpful?

213
30
Caterina Caterina Mon Dec 02 2024
This standard allows tokens to be created and utilized within the BNB Chain ecosystem.

Was this helpful?

290
50
EthereumEliteGuard EthereumEliteGuard Sun Dec 01 2024
These wallets ensure the security and safety of BEP-20 tokens, providing users with peace of mind.

Was this helpful?

132
22
Valeria Valeria Sun Dec 01 2024
However, they are specifically designed to function effortlessly within the Binance Smart Chain (BSC).

Was this helpful?

146
60
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts