Binance Smart chain - BEP20 Tokens

MelindaRichards

New Member
Jun 10, 2022
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Nowadays, crypto tokens are popular in the world. Tokens can be used for investment purposes, to store value, or for trade. There are many open source blockchains available for crypto token creation. Among them, Binance smart chain(BSC) is one of the popular and trending blockchains. The binance smart chain has token standards for crypto token development, smart contract development, dapp development, etc. In that regard, BEP20 and BEP721 are prominent token standards among startups.
BEP20 Token Standard
BEP20 is the Token standard of the Binance smart chain, which is similar to Ethereum's ERC20 token standard. The BEP20 token standard has certain rules that all tokens on the BSC must follow. Besides, this BEP20 standard is used for creating Smart contracts, DApps, and more. The BEP20 token standard on BSC applies to any token that is developed or created on the BSC platform. Examples of such tokens are utility tokens and stablecoins.
BEP20 Token
BEP20 Token is a crypto token developed from the Binance smart chain blockchain which is presently trending on the global market. It is the updated version of BEP-2 tokens. It has specialized technical features and it is used for various use cases. Such as fundraising, micropayments, and more.

Here is the list of Top BEP20 Tokens
  • BUSD
  • CAKE
  • BAKE
  • SAFEMOON
  • C.R.E.A.M
  • SXP
By looking into these token successes, many startups are inspired to launch BEP20 tokens on Binance smart chain for reaping more profits.