What is metamask & how to use bep20 tokens & Binance blockchain?

Metamask is a digital wallet based on Ethereum. This wallet is for other cryptocurrencies as well as other blockchains. One of these blockchains is Binance, which tokens have BEP20 standards. But how to use BEP20 tokens or Binance Blockchain on Metamask? Metamask is a digital wallet designed to use payments within decentralized applications.

What is bep20 token?

BEP20 is a token standard that enables developers to make and run cryptocurrencies on the Binance Smart Chain network. To put it in another way, anyone can use the BEP20 token standard to create crypto on Binance Smart Chain. Users can make transactions on the Binance Smart Chain really fast compared to the Ethereum network.

What is the difference between ERC 20 & bep2?

While ERC-20 is a well-known token standard offered by Ethereum, BEP2 is its counterpart in the Binance ecosystem and BEP20 is the same standard as Binance Smart Chain. When users try to use various tokens on their Metamask wallet, they should exactly choose the proper settings to prevent various types of problems.

What is metamask & how does it work?

Metamask is a digital wallet designed to use payments within decentralized applications. Similarly, it works separately for BEP20 standard tokens for decentralized applications, but we will explain how. Decentralized applications are systems that use ERC20 or BEP20 standard tokens to support the internal payments of each application.