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?
7 answers
JejuSunshineSoul
Mon Dec 02 2024
BEP-20 tokens share similarities with Ethereum's ERC-20 tokens.
Federico
Mon Dec 02 2024
BEP-20 represents a token standard on the
BNB Chain.
Caterina
Mon Dec 02 2024
This standard allows tokens to be created and utilized within the BNB Chain ecosystem.
EthereumEliteGuard
Sun Dec 01 2024
These wallets ensure the security and safety of BEP-20 tokens, providing users with peace of mind.
Valeria
Sun Dec 01 2024
However, they are specifically designed to function effortlessly within the Binance Smart Chain (BSC).