I'm confused about the difference between BEP20 and ERC-20. Are they the same or different? If different, what are the main distinctions between these two token standards?
                
                  
                  
                    
                      
                      
             
            
                
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    JejuSunshineSoulMate
    Mon Mar 10 2025
   
  
    BEP20 and ERC20 are widely recognized token standards in the realm of cryptocurrencies and blockchain technology.
  
  
 
                    
                  
  
    
    DaeguDivaDance
    Sun Mar 09 2025
   
  
    BEP20 stands out as a token standard developed by Binance, a prominent and influential cryptocurrency exchange globally.
  
  
 
                    
                  
  
    
    DondaejiDelightfulCharmingSmile
    Sun Mar 09 2025
   
  
    BTCC, another top cryptocurrency exchange, offers a comprehensive range of services.
  
  
 
                    
                  
  
    
    JejuJoyfulHeart
    Sun Mar 09 2025
   
  
    Binance, known for its extensive user base and robust trading platform, has played a pivotal role in shaping the BEP20 standard.
  
  
 
                    
                  
  
    
    Giulia
    Sun Mar 09 2025
   
  
    Unlike BEP20, ERC20 is a token standard specifically tailored for the Ethereum blockchain.