Cryptocurrency Q&A What is BEP20 used for?

What is BEP20 used for?

Nicola Nicola Sat Apr 12 2025 | 6 answers 1560
BEP20 is a token standard on Binance Smart Chain, similar to ERC20 on Ethereum. It's used for creating and managing tokens, facilitating fast and cost-effective transactions. BEP20 tokens are widely applied in DeFi, stablecoins, gaming, and NFTs, leveraging the chain's high throughput and low fees. What is BEP20 used for?

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