Difference Between ERC-20 And BEP-20 Tokens

1 min read

ERC-20 and BEP-20 are both standards for creating tokens on blockchain networks. ERC-20 is a standard for tokens created on the Ethereum blockchain, while BEP-20 is a standard for tokens created on the Binance Smart Chain (BSC) blockchain. The main difference between ERC-20 and BEP-20 Tokens is the blockchain platform they are built on, and therefore the technical specifications and features they have. ERC-20 tokens typically have more functionality and can interact with other smart contracts on the Ethereum network, while BEP-20 tokens are designed to be more lightweight and efficient for faster and cheaper transactions on the Binance Smart Chain.

Sakshi Verma 2
I am Sakshi Verma working at a globally well-known Blockchain Development Company - LBM Solutions as a Blockchain Expert with a master's Degree in Computer Scie...
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