BEP-20 is a token standard on the Binance Smart Chain (BSC).
Key features:
Supports the transfer of projects from Ethereum to BSC.
Includes functions for minting, burning, transferring, and checking token balances.
Easily integrates with decentralized applications, exchanges, and services on BSC.
Transactions require payment in BNB.
Used for stablecoins, tokenized assets, governance tokens, and utility tokens.
BEP-20 is popular for its flexibility and ease of use in the Binance Smart Chain ecosystem.
An Introduction to BNB Smart Chain (BSC)
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