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BEP20 is a token standard on BNB Smart Chain, compatible with Ethereum’s ERC20. It defines how tokens work and supports both native and cross-chain pegged assets ("peggy tokens").
350+ COMPLIANCE & DIGITAL ASSET TEAMS TRUST US
BEP20 tokens are tokens supported on BNB Smart Chain.
BEP20 is the token standard extending Ethereum's most common token standard, ERC20. More specifically, a token standard is a blueprint of how a token functions. It outlines their usage rules. BEP20 standard is therefore used to create tokens on BNB Smart Chain and is compatible with ERC20.
BEP20 can be native crypto-assets but also assets pegged to a crypto-asset from another blockchain, so-called "peggy tokens".
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