BEP-20 is a token standard on the BNB Smart Chain that extends the functionality of ERC-20, the most common token standard on Ethereum. It serves as a blueprint for tokens, defining rules for their usage, spending, and authorized users. Due to its compatibility with both BNB Beacon Chain’s BEP-2 and Ethereum’s ERC-20, it can operate on both networks.
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December 1, 2023
