SamuraiCourageous
Tue Jun 25 2024
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5 answers
954
Should I use BEP2 or BEP20 to transfer BNB?
As a cryptocurrency investor, I'm often faced with the decision of choosing between different token standards for transferring my assets. In the case of Binance Coin (BNB), I'm wondering which token standard would be more suitable for my needs: BEP2 or BEP20? BEP2, being a Binance Chain-based token standard, offers faster transactions and lower fees, but BEP20, as an ERC-20 compatible token on Binance Smart Chain, provides access to a wider range of decentralized applications. Could you elaborate on the key differences between the two and provide some guidance on which one I should opt for based on common scenarios for transferring BNB?
