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GLOSSARYBEP-20
BEP-20
BEP-20 is a token standard for the BNB Smart Chain. Similar to how ERC-20 acts as a fungible token standard for Ethereum, the same applies for BEP-20 on the BNB Smart Chain.
BEP-20 originally comes from the ERC-20 standard and is fully compatible with it. Using similar code functions with slight modifications across the board, BEP-20 allows users to create a variety of fungible tokens on the BNB Smart Chain, whether it’s a stablecoin or a representation of an in-game asset.
Key Takeaway
BEP-20 is a token standard for the BNB Smart Chain.