BEP-20 Tokens – Everything You Need to Know

The BEP-20 token standard powers a huge range of projects on Binance Smart Chain. When working with BEP-20, a fungible token protocol that mirrors Ethereum's ERC‑20 but runs on the Binance Smart Chain. Also known as BSC token standard, it enables developers to create assets that are cheap to transfer, easy to list, and compatible with most wallets.

Because BEP-20 encompasses the same basic functions as ERC-20, it requires smart‑contract compatibility and follows the same transfer, approve, and allowance methods. This relationship means tools built for ERC-20, like token swap interfaces and liquidity pool contracts, often work with minimal tweaks on Binance Smart Chain. The Binance Smart Chain, a high‑throughput blockchain that uses a Proof‑of‑Staked‑Authority consensus provides lower gas fees, so BEP-20 tokens are popular for DeFi apps, gaming items, and NFT marketplaces. In practice, a DeFi platform can launch a BEP-20 stablecoin, plug it into a decentralized exchange, and let users earn yield without the high costs typical on Ethereum.

Beyond simple transfers, BEP-20 tokens enable cross‑chain bridges, allowing assets to move between BSC and other ecosystems. This capability fuels arbitrage opportunities and expands the reach of token projects. Wallets such as MetaMask, a browser extension that supports multiple EVM networks and Trust Wallet natively recognize BEP-20, making user onboarding straightforward. Security‑focused audits and the open‑source nature of the standard help mitigate risks, while developers benefit from a rich library of SDKs and templates. As the ecosystem grows, expect more tokenized assets, from utility tokens to governance coins, leveraging BEP-20's efficiency.

Below you’ll find our curated collection of articles that dive deeper into BEP-20 token reviews, airdrops, exchange comparisons, and practical strategies for using this standard in real‑world trading and investing.