How to know if BNB is BEP2 or BEP20?

In the dynamic world of cryptocurrencies, distinguishing between token standards is crucial for investors and traders. Take for instance, Binance Coin (BNB), which can exist as BEP2 or BEP20. Now, the question arises, how can one ascertain whether a given BNB token is BEP2 or BEP20? Well, here's the key: BEP2 tokens are typically found on the Binance Chain, a blockchain specifically developed by Binance. On the other hand, BEP20 tokens operate on the Binance Smart Chain (BSC), a smart contract-enabled blockchain that offers compatibility with Ethereum Virtual Machine (EVM). To identify the type of BNB you possess, you can simply check the blockchain explorer of the respective chain. If the token is listed on the Binance Chain explorer, it's BEP2. If it appears on the BSC explorer, it's BEP20. Additionally, most wallets and exchanges will also indicate the token type within their interfaces. Remember, understanding the underlying blockchain and token standard is essential for making informed decisions in the crypto market.