BEP2 and BEP20 are both types of tokens on the Binance blockchain.
However, there are some key differences between them. BEP2 tokens are based on the older Binance Chain and are used for smaller transactions with lower fees. They have a fixed supply and cannot be divided further. On the other hand, BEP20 tokens are based on the newer Binance Smart Chain and are used for larger transactions with higher fees. They have a larger supply and can be divided into smaller amounts. BEP20 tokens also support smart contract capabilities, which BEP2 tokens do not. Overall, the choice between BEP2 and BEP20 depends on the specific needs of the user or project.
Binance's commitment to developing and supporting both standards shows their dedication to creating a robust and versatile blockchain platform that meets the needs of a wide range of users and developers.
