Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Topic started by: ShiraWilliam on June 09, 2021, 03:08:48 PM

Title: What is BEP20 Token?
Post by: ShiraWilliam on June 09, 2021, 03:08:48 PM
BEP20 token is a cryptocurrency token which is developed from the Binance Smart Chain Blockchain platform. Therefore, it is named after its native blockchain platform as BEP20 token, which is now trending the global market mainly in the DeFi platform. BEP20 token is used in DeFi protocol like Uniswap, PancakeSwap and others.

So, BEP20 token development (https://No link shortners - please include original link/3kOE9dU) business is now reached peak and to develop such BEP20 token for your business in on time, ping us. We Developcoins offer end-to-end BEP20 token development services with high-tech features.
Title: Re: What is BEP20 Token?
Post by: Rokon5 on June 12, 2021, 07:23:01 AM
BEP20 Token is one of my favorite token.It is very popular all over the world. BEP20 token is a cryptocurrency token which is developed from the Binance Smart Chain Blockchain platform.BEP20 Token has great future.
Title: Re: What is BEP20 Token?
Post by: Maxtel on June 18, 2021, 05:47:05 PM
The BEP-20 token is currently quite popular in the cryptocurrency market.  This token is becoming very popular day by day.  Currently the defi platform is more managed here.  It is made from the blockchain of Binance Smart Chain.  Investing here has bright prospects for the future. The BEP-20 token will take a strong position in the cryptocurrency market in the future.
Title: Re: What is BEP20 Token?
Post by: Farhana on June 19, 2021, 07:01:20 PM
 BEP20 token is a token of Binance Smart Chain like as ERC 20 token of ETH. It's a easy and friendly token. you could use Binance Bridge to swap bitcoin (BTC) for BTCB (BEP20) tokens backed by BTC. It's very popular now and it will create a great demand.
Title: Re: What is BEP20 Token?
Post by: atrizbtc on August 06, 2021, 07:04:14 PM
BEP20 is a Binance Smart Chain token protocol that was designed with the goal of enhancing ERC20 one of the most widely used Ethereum token protocol.
Title: Re: What is BEP20 Token?
Post by: vegasus on September 07, 2021, 11:54:57 PM
One of the reasons why BSC is more interesting than ERC20 is the low fee to transfer. It is different with ERC20 token that commonly really need a very high fee of more than 100 gwei at this time. And BSC only needs a small gwei.
That is why many platforms and new projects choose the BSC platform. Well, BSC is a good alternative right now
Title: Re: What is BEP20 Token?
Post by: Fighter on October 11, 2021, 03:07:51 PM
Bep-20 Token is basically a platform.Now people are rushing to invest in Binance Smart Chain platform instead of investing in Ethereum platform.One of the main reasons is that the amount of gas on this platform is the lowest.

Moreover, now the demand for Bep-20 is the highest.To me this platform is the best compared to other platforms.
Title: Re: What is BEP20 Token?
Post by: Oksana Ksyusha on October 19, 2021, 05:34:08 PM
Hello to everybody! BEP20 - it is a token standard of Binance Smart  Chain. BEP20 is similar to ERC20 standart of Ethereum blockchain.  If you can watch and analyze BEP20 tokens, you need to go to BscScan.com.
Title: Re: What is BEP20 Token?
Post by: Dark Knight on October 20, 2021, 04:53:41 AM
The BEP20 token refers to the Binance Smart Chain.Bep 20 is the same platform as the Etherium platform. However, currently the tokens of BEP 20 platform are the most popular and in demand. It is now seen that more investment is being made in BEP 20 platform as compared to Etherium platform because the network fee of this platform is very low.
Title: Re: What is BEP20 Token?
Post by: naitik01 on October 23, 2021, 12:25:01 PM
BEP-2 tokens on Binance Chain, BEP-20 token transfers work with BNB. It provides an incentive for validators to incorporate transactions into the blockchain, the BEP20 token is a cryptocurrency token developed from the Binance SmartChain blockchain platform.
Title: Re: What is BEP20 Token?
Post by: JISAN on November 06, 2021, 10:12:59 AM
Bep20 token is is token chain of Binance Smart contract. It’s not any different token people just call bsc token to Bep20 like Ethereum based token name ERC-20
Title: Re: What is BEP20 Token?
Post by: Tubelight on November 06, 2021, 11:26:12 AM
One reason for the Ethereum platform is the Binance platform. This Binance platform has its own subcentre called Binance Coin. However, the Binance platform is now much more popular than the Ethereum platform. Because the Binance platform is much easier to transact than the Ethereum platform. If you want to know more about this, you can definitely take the help of Google.
Title: Re: What is BEP20 Token?
Post by: ExtraPoint on November 07, 2021, 04:53:08 AM
Currently, the demand for BEP 20 tokens is much higher in the cryptocurrency market.Due to the fact that the platform stores have to pay the lowest transaction fee to transfer, tokens on the platform with this platform are now very popular with investors.
Title: Re: What is BEP20 Token?
Post by: Sumi on November 07, 2021, 07:54:12 AM
Ethereum network received very high commissions. I prefer Bsc network for both cheaper and faster transactions. I also use Trust Wallet as a wallet. both comfortable and safe. It was the most popular Bsc network of the era. Even the tron ​​network was slow compared to the Bsc network.
Report to .The BSC Wallet Binance Exchange has its own coin.  We know that every platform has some positive and negative aspects.  The transaction fee is much lower than Ethereum and the security system is quite good.  However, since hackers and scammers use this platform a lot, BSC cannot be called a handy person secure.

Title: Re: What is BEP20 Token?
Post by: jonathancool220 on November 09, 2021, 02:16:39 PM
BEP20 or Binance Smart Chain is a token creation platform and network from Binance coin and is still widely loved by investors in various CEX and DEX markets.
I also don't deny that BEP20 or Binance Smart Chain is really amazing at increasing the rating from BNB for 10 USD to more than 600 USD and this is truly an extraordinary innovation developed by Changpeng Zhao.
Title: Re: What is BEP20 Token?
Post by: Rakin343 on November 09, 2021, 08:40:43 PM
BEP20 is the token standard of Binance Smart Chain. In many ways, it's similar to Ethereum's ERC20 standard; in other ways, it expands on it. Just as Ethereum has gas fees, BNB pays for the transactions involving BEP20 tokens on Binance Smart Chain's network.
Title: Re: What is BEP20 Token?
Post by: aiviaa485 on November 14, 2021, 10:17:23 AM
BEP20 is a standard token used in the Binance Smart Chain blockchain and this BEP20 closely mimics the Ethereum system, namely ERC20.
But in the cryptocurrency business, it has nothing to do with duplicating the system as long as the system does not harm the duplicated and I see BEP20 is also different from the way it is installed in the network between etherscan and bscscan.
Title: Re: What is BEP20 Token?
Post by: kent47400 on November 17, 2021, 02:44:00 AM
At this moment all the members in this forum probably understand very well what BEP20 is because BEP20 is a type of token from the Binance Smart Chain blockchain and of course also in this forum everyone understands what is called token creation from BEP20 and I'm sure that outside the forum it also recognizes tokens from BEP20 .
I'm just assuming, because if you look at the uniqueness that BEP20 has, it's really very different from the others because it is owned by Binance coins aka coins that are included in the top 3 Coinmarketcap.
Title: Re: What is BEP20 Token?
Post by: Goldlife on November 17, 2021, 09:17:47 AM
BEP20 token is a cryptocurrency token which is developed from the Binance Smart Chain Blockchain platform. Therefore, it is named after its native blockchain platform as BEP20 token, which is now trending the global market mainly in the DeFi platform. BEP20 token is used in DeFi protocol like Uniswap, PancakeSwap and others.

So, BEP20 token development (https://No link shortners - please include original link/3kOE9dU) business is now reached peak and to develop such BEP20 token for your business in on time, ping us. We Developcoins offer end-to-end BEP20 token development services with high-tech features.
Currently, the demand for BEP 20 tokens is much higher in the cryptocurrency market.Due to the fact that the platform stores have to pay the lowest transaction fee to transfer, tokens on the platform with this platform are now very popular with investors.
Title: Re: What is BEP20 Token?
Post by: silkytakyaan86 on November 20, 2021, 04:18:27 PM
BEP-20 is the token development for the Binance Smart Chain. It is quite popular. Like Ethereum. It is going to get more popularity in the coming time.Because it is progressing day by day.
Title: Re: What is BEP20 Token?
Post by: 36B on November 24, 2021, 01:42:44 AM
BEP 20 in my opinion is the network name of the Binance Smart Chain platform which is almost the same as ERC20 but the transaction fees are cheaper than ERC20 and the transactions are faster, so I think BEP20 could be one of the best blockchain network options for now.
Title: Re: What is BEP20 Token?
Post by: IyemRoker on November 26, 2021, 05:22:06 AM
I hope that those who read this thread have good fortune, good health and a long life because now BEP20 tokens are very risky with the creation of Scam tokens, and almost every second BEP20 tokens are created so quickly to deceive all investors.
I feel that this is between two choices of tokens of the Smartcontracts type, the first being created to raise the community of the parent coin and the second to find prey that is unintentional to tokens from BEP20.
Title: Re: What is BEP20 Token?
Post by: Google+ on November 27, 2021, 07:23:53 PM
In my opinion, tokens that have a BEP20 network do have a very high risk but if you want to make transactions using BEP20 the transaction fees are very cheap and the speed is very high giving a lot of benefits to users, when you want to send between exchanges at least see if it supports BEP20 or not. no because not all coins have a BEP20 network.
Title: Re: What is BEP20 Token?
Post by: damsix on November 30, 2021, 03:28:54 AM
BEP20= Binance Smart Chain token
MT20 = Polygon Matic tokens
ERC20 = Ethereum tokens
AV20 = Avalanche tokens
FT20 = Fantom tokens
HT20 = Huobi tokens


I named the token from the parent coin that was listed as the value because I also felt this was the right step to make it easy to remember.
Maybe other members named the token with different names because I prefer simple and easy to understand.
This term will definitely be very different from the other members.
Title: Re: What is BEP20 Token?
Post by: TopT3ns on December 03, 2021, 08:38:05 PM
In my opinion BEP20 Token is similar to ERC20, only this is specifically for the BSC network which has better performance with very high transaction speeds and has very cheap gas fees, many new tokens are created on the BEP20 network and many exchanges are starting to provide support for the BEP20 network.
Title: Re: What is BEP20 Token?
Post by: lepbagong on January 16, 2022, 03:02:23 AM
In my opinion BEP20 Token is similar to ERC20, only this is specifically for the BSC network which has better performance with very high transaction speeds and has very cheap gas fees, many new tokens are created on the BEP20 network and many exchanges are starting to provide support for the BEP20 network.
the way it works is clearly almost the same as what you said and a lot of networks are starting to appear because there is a situation where ethereum is having problems with high costs, so many alternatives have emerged to make it easier and can reduce prices, including BEP20.

although it is possible that if ERC20 is not high-cost, it is possible that an alternative network will also emerge, because all are competing to make things to make things easier even though it is certainly not easily accepted by crypto users, but the name of the effort is certainly a lot of trying to make it.

Currently, with the support of a large exchange, BEP20 is clearly more profitable because it can find enthusiasts with the trust of the exchange it has. and we also know that it is currently probably the most used by new projects and it's no wonder it will keep growing. even if it's a matter of performance as you said, maybe all are equally good, the difference is clearly the cost you are looking for.
Title: Re: What is BEP20 Token?
Post by: Oksana Ksyusha on January 17, 2022, 01:54:36 PM
There different blockchain networks. One of them is Binance Smart Chain mainnet. And BEB20 Token is a token of this BSC network. I like Binance Smart Chain because it is cheap enough: not expensive commissions.
Title: Re: What is BEP20 Token?
Post by: wxxyrqa on February 02, 2022, 05:04:55 PM
many Binance Smart Chain tokens do not stand up to scrutiny, because they only use cheap transactions on the network, while robbing, in the literal sense, the cryptocurrency market. But nevertheless, there are exceptions, where developers are more focused on results than on making quick profits. An example is the CRATD2C project, which aims to provide a new concept of brand-consumer interaction that will make this relationship more productive for each participant using the $CRAT token.
Title: Re: What is BEP20 Token?
Post by: masudginanjar on February 17, 2022, 08:06:49 AM
-
Giving the name is very unique and of course we will also find it very easy to understand and this is the right opportunity to be able to provide a positive value for naming it.
Maybe I'll also give a little samana other projects that have not been mentioned in the list of names. Correct me if im wrong , please check it :
 
KCS20  = Kucoin Token
HOO20 = Hoo Token
Title: Re: What is BEP20 Token?
Post by: GoldenView on February 18, 2022, 01:46:02 PM
Bep20 token based on Binance Smart Chain Network (BSC). So its very cheap gas fees and also transaction fees. Project team/investor/trader now most likely using Bep20 token very much.
Title: Re: What is BEP20 Token?
Post by: pelana vreo on February 20, 2022, 06:42:16 AM
There different blockchain networks. One of them is Binance Smart Chain mainnet. And BEB20 Token is a token of this BSC network. I like Binance Smart Chain because it is cheap enough: not expensive commissions.

Yes, It's very easy to differentiate Mainnet BNB and BSC

BNB Mainnet : wallet BNB (bnb...) symbol BEP2

BSC (Binance smart chain) : wallet BNB 0x.... - symbol BEP20

These two networks are different but you can Bridge on Binance wallet or Trust wallet
Title: Re: What is BEP20 Token?
Post by: Doctor on February 24, 2022, 06:52:10 PM
Bep20 token based on Binance Smart Chain Network (BSC). So its very cheap gas fees and also transaction fees. Project team/investor/trader now most likely using Bep20 token very much.

Agreed, BEP20 tokens based on binance smart chain and We all know BSC is cheap transaction fee.
So lower than Ethereum.
I think BSC will beat Ethereum at the next several years again.
It's very potential platform and will be good alternate smart contract platform.
Title: Re: What is BEP20 Token?
Post by: GoldenView on February 25, 2022, 05:51:08 AM
Bep20 token based on Binance Smart Chain Network (BSC). So its very cheap gas fees and also transaction fees. Project team/investor/trader now most likely using Bep20 token very much.

Agreed, BEP20 tokens based on binance smart chain and We all know BSC is cheap transaction fee.
So lower than Ethereum.
I think BSC will beat Ethereum at the next several years again.
It's very potential platform and will be good alternate smart contract platform.

Absolutely correct. Binance is the best market and more trustable now all over the world. People use binance without any hesitation. So if Binance has a trust score of 10 out of 10, of the scale people have trusted also BUSD, BNB, BEP20/BSC. And it has a super smooth transaction system also lower transaction fees.
Title: Re: What is BEP20 Token?
Post by: rizqillah on February 25, 2022, 06:07:01 AM
BEP20 is a standard token used in the Binance Smart Chain blockchain and this BEP20 closely mimics the Ethereum system, namely ERC20.
But in the cryptocurrency business, it has nothing to do with duplicating the system as long as the system does not harm the duplicated and I see BEP20 is also different from the way it is installed in the network between etherscan and bscscan.

I think BEP20 and ERC20 will compete each other for the next coming year.
BEP 20 is lower fee.
And I see many projects have migrated and use BEP20.
Ethereum dev should rethink to improve their platform.
Because too high gas fee, that's annoying.
Title: Re: What is BEP20 Token?
Post by: GoldenView on March 06, 2022, 05:36:55 AM
Bep20 token based on Binance Smart Chain Network (BSC). So its very cheap gas fees and also transaction fees. Project team/investor/trader now most likely using Bep20 token very much.

Agreed, BEP20 tokens based on binance smart chain and We all know BSC is cheap transaction fee.
So lower than Ethereum.
I think BSC will beat Ethereum at the next several years again.
It's very potential platform and will be good alternate smart contract platform.

Of course, BEP20 will must beat ERC20 asap. There are a lot of projects coming based on BEP20 (Binance Smart Chain), almost 70-80%. So its a huge amount.
Title: Re: What is BEP20 Token?
Post by: AndyRuiz on April 09, 2022, 11:33:54 PM
There are tons of quality and scam projects for metaverse. Investors should check carefully and invest smart on it. It's easier to lose rather than earning on metaverse projects.I've been following MetaverseME for a while and it's basically let you to be yourself in virtual world with avatar idea. It seems not bad tho
Title: Re: What is BEP20 Token?
Post by: fadl4 on May 11, 2022, 02:40:38 PM
I think BEP20 and ERC20 will compete each other for the next coming year.
BEP 20 is lower fee.
And I see many projects have migrated and use BEP20.
Ethereum dev should rethink to improve their platform.
Because too high gas fee, that's annoying.
Not only projects, but the market must also support the Bep20 network because it will make it easier for every user who wants to send coins to other markets
Title: Re: What is BEP20 Token?
Post by: kirshna01 on September 02, 2022, 11:48:24 AM
The bep20 token is a token operating based on the BSC smartchain. At present the market is full of BEP20 tokens because BSC smartchain has emerged as the trusted and popular blockchain.
Title: Re: What is BEP20 Token?
Post by: Hisbullah on September 04, 2022, 12:16:47 PM
The bep20 token is a token operating based on the BSC smartchain. At present the market is full of BEP20 tokens because BSC smartchain has emerged as the trusted and popular blockchain.

that's true BEP20 tokens based on binance smart chain.
BSC has been supported by binance.
Many projects has migrated to binance smart chain and successful there.
Title: Re: What is BEP20 Token?
Post by: de_prof on September 04, 2022, 08:20:01 PM
The bep20 token is a token operating based on the BSC smartchain. At present the market is full of BEP20 tokens because BSC smartchain has emerged as the trusted and popular blockchain.

that's true BEP20 tokens based on binance smart chain.
BSC has been supported by binance.
Many projects has migrated to binance smart chain and successful there.

Yeah I see many projects have migrated to BEP20, because this platform is lower gas fee.
There are  good team behind this project.
I think BEP20 will have great future.
Title: Re: What is BEP20 Token?
Post by: surendertakyaan70 on September 12, 2022, 03:41:54 PM
BEP 20 is a coin of cryptocurrency in Binance- Smartchain. which acts like ethereum. Which allows to deploy any Binance Smartchain Diesel Currency or Token. BEP20 has achieved considerable success in its development.
Title: Re: What is BEP20 Token?
Post by: Dark Knight on September 18, 2022, 07:54:47 AM
BEP-20 is a Binance Smart Chain token standard created with the intention of extending ERC-20, which is one of the most common Ethereum token standards out there. BEP-20 is a blueprint as to how a token can be spent, who can spend it, and it even has rules about its overall usage.
Title: Re: What is BEP20 Token?
Post by: Cadaver20 on September 18, 2022, 08:00:51 PM
BEP 20 is a coin of cryptocurrency in Binance- Smartchain. which acts like ethereum. Which allows to deploy any Binance Smartchain Diesel Currency or Token. BEP20 has achieved considerable success in its development.
First you need to understand the difference between BEP 20 Token and BEP 20 coin. Those currencies that have their own chain or network are called coins. Like BTC, ETH, BNB, LTC etc. Then BEP 20 coin is BNB. And those currencies that do not have their own chain or network use others' networks are called tokens. Thus tokens that use the BEP 20 network are called BEP 20 tokens.
Title: Re: What is BEP20 Token?
Post by: dodok on September 19, 2022, 02:34:50 PM
in my opinion, this BEP20 token is a good token because it was developed on the binance smart chain network, so BEP20 is immediately popular worldwide because BEP20 can be used to develop projects that use the binance smart chain network.
Title: Re: What is BEP20 Token?
Post by: mrongos on October 12, 2022, 04:17:44 PM
in my opinion, this BEP20 token is a good token because it was developed on the binance smart chain network, so BEP20 is immediately popular worldwide because BEP20 can be used to develop projects that use the binance smart chain network.
BEP20 is a pretty good platform or network because it has very cheap transaction fees and a fairly high transaction speed with a transaction load that is not too crowded, making BEP20 liked by many people.
Title: Re: What is BEP20 Token?
Post by: doc on October 12, 2022, 04:25:46 PM
in my opinion, this BEP20 token is a good token because it was developed on the binance smart chain network, so BEP20 is immediately popular worldwide because BEP20 can be used to develop projects that use the binance smart chain network.
BEP20 is a pretty good platform or network because it has very cheap transaction fees and a fairly high transaction speed with a transaction load that is not too crowded, making BEP20 liked by many people.

Yep, binance smart chain is created by binance team.
Binance has good team, largest exchange and also has potential coins such as BNB.
BEP20 is smart contract platform from binance. I see BEP20 is more popular now.
Title: Re: What is BEP20 Token?
Post by: DAMKAR on October 13, 2022, 04:15:35 AM
BEP20 token is a cryptocurrency token which is developed from the Binance Smart Chain Blockchain platform. Therefore, it is named after its native blockchain platform as BEP20 token, which is now trending the global market mainly in the DeFi platform. BEP20 token is used in DeFi protocol like Uniswap, PancakeSwap and others.

So, BEP20 token development (https://No link shortners - please include original link/3kOE9dU) business is now reached peak and to develop such BEP20 token for your business in on time, ping us. We Developcoins offer end-to-end BEP20 token development services with high-tech features.

BEP20 token has been developed by binance smart chain platform.
This tokens based of BEP20.
Binance smart chain is binance project.
Many advantages of this platform, lower gas fee.
I think that's all.
Title: Re: What is BEP20 Token?
Post by: ashraf786100 on November 26, 2022, 02:59:24 PM
One of the most widely used Ethereum token standards, ERC-20, was intended to be extended by BEP-20, a Binance Smart Chain token standard. The BEP-20 specification outlines how a token may be used, and who may use it, and even contains guidelines for general usage.
Title: Re: What is BEP20 Token?
Post by: HarrEGC on November 26, 2022, 10:25:14 PM
One of the most widely used Ethereum token standards, ERC-20, was intended to be extended by BEP-20, a Binance Smart Chain token standard. The BEP-20 specification outlines how a token may be used, and who may use it, and even contains guidelines for general usage.
  Thanks for the better answer lol
Title: Re: What is BEP20 Token?
Post by: Google+ on December 07, 2022, 02:53:08 PM
One of the most widely used Ethereum token standards, ERC-20, was intended to be extended by BEP-20, a Binance Smart Chain token standard. The BEP-20 specification outlines how a token may be used, and who may use it, and even contains guidelines for general usage.
But in fact, currently the tokens that are often used and often created are tokens that have the BEP-20 network, because their use is more efficient and cheaper by providing a very good transaction speed feature, making BEP-20 tokens liked by many people and easy to use.
Title: Re: What is BEP20 Token?
Post by: Muneeb22 on December 09, 2022, 07:50:26 AM
BEP20 token is the crypto top exchange coin and this coin price si very low at start but after some years the coin price go high so much and this time again the coin price is very low but it will touches the sky at last year and that time so many peoples will invest their money in the crypto market and the BTC will go high so much at that time. But soon again the crypto market will go high so much and again this coin will make a very great high almost $1000.
Title: Re: What is BEP20 Token?
Post by: Daniel Lourek on December 29, 2022, 08:28:08 PM
Hi all, I'm a young web3 developer, I write contracts on solidity, I'll write code for you for a small fee, (I want to fill the portfolio) Any tasks (connecting the wallet to the site, token, pool, any popular scam, etc.)

Networks: ETH, Polygon, BSC

Telegram: @Crypton1st
Title: Re: What is BEP20 Token?
Post by: Tolyk on January 03, 2023, 02:38:43 PM
Now these cryptocurrencies are a reliable investment in this technology, the minimum commission in the network.
Title: Re: What is BEP20 Token?
Post by: GoldenView on February 07, 2023, 09:48:42 AM
Now these cryptocurrencies are a reliable investment in this technology, the minimum commission in the network.

Yes, it is reliable now. Most of the project coming now based on Bep20
Title: Re: What is BEP20 Token?
Post by: Braidy_BM on April 13, 2023, 11:35:21 PM
Hi, i am Braidy
Bep20 network is a popular. I think everyone should use bep20 network, also if you use bep20 network transection fee is very low, thanks
Title: Re: What is BEP20 Token?
Post by: jamadrianne on March 28, 2024, 09:18:11 AM
That's really famous. It works like a pipeline to send tokens or receive tokens. One point that I'm impressed with about Bep20 is the low cost of transaction fees.
Title: Re: What is BEP20 Token?
Post by: EthereumDev_ on March 28, 2024, 10:58:32 AM
That's really famous. It works like a pipeline to send tokens or receive tokens. One point that I'm impressed with about Bep20 is the low cost of transaction fees.
BNB has quite high transaction fees and network security, therefore to date they have succeeded in having many users because the product they have is very useful for many people. However, my advice is that BNB continues to develop because currently there are new products that are trying to compete with the Binance platform.
Title: Re: What is BEP20 Token?
Post by: DAMKAR on March 28, 2024, 01:42:56 PM
That's really famous. It works like a pipeline to send tokens or receive tokens. One point that I'm impressed with about Bep20 is the low cost of transaction fees.
BNB has quite high transaction fees and network security, therefore to date they have succeeded in having many users because the product they have is very useful for many people. However, my advice is that BNB continues to develop because currently there are new products that are trying to compete with the Binance platform.

Apart from new projects using the BSB platform, Binance is also still behind BNB, we all know Binance is the biggest exchange. so ethereum, BNB and Solana remain priority coins for investment,
Title: Re: What is BEP20 Token?
Post by: Ember madison on March 30, 2024, 02:28:51 PM
BEP20 tokens are tokens built on the Binance Smart Chain (BSC) that follow the BEP20 token standard. They enable the creation of digital assets with various functionalities, including transfers, smart contracts, and decentralized applications (DApps).
Title: Re: What is BEP20 Token?
Post by: Trisha Rola on March 31, 2024, 08:41:25 AM
On the Binance smart chain, there is a token standard called bep20 that is similar to the erc20 standard on the ethereum blockchain. it lays forth a set of guidelines that a token must follow to be developed and used on the finance smart chain. bep20 tokens are fungible digital assets that can stand in for real-world asset tokends, cryptocurrency tokens, loyalty points, or other kinds of assets.
Title: Re: What is BEP20 Token?
Post by: Ember madison on March 31, 2024, 09:05:24 AM
BEP20  tokens are digital assets on the binance smart chain, following a standard  for creating and managing tokens. They enable various functionalities  like Defi and gaming are compatible with the binance ecosystem and offer interoperability with other BSC based applications.
Title: Re: What is BEP20 Token?
Post by: UNIVERSE on April 07, 2024, 11:47:19 PM
That's really famous. It works like a pipeline to send tokens or receive tokens. One point that I'm impressed with about Bep20 is the low cost of transaction fees.
BNB has quite high transaction fees and network security, therefore to date they have succeeded in having many users because the product they have is very useful for many people. However, my advice is that BNB continues to develop because currently there are new products that are trying to compete with the Binance platform.
I think from the start, BNB Smart Chain transactions have been small. Because at that time, they made it one of the things that could compete with the Ethereum network. At that time, transaction fees on the Ethereum network were very high. Because of this, BSC is present as the best alternative for projects that build their tokens on this network. And the use of this network is increasingly widespread, because the transaction fees for BSC tokens are quite low, especially compared to the Ethereum network.
Title: Re: What is BEP20 Token?
Post by: rizqillah on April 10, 2024, 05:18:19 PM
That's really famous. It works like a pipeline to send tokens or receive tokens. One point that I'm impressed with about Bep20 is the low cost of transaction fees.
BNB has quite high transaction fees and network security, therefore to date they have succeeded in having many users because the product they have is very useful for many people. However, my advice is that BNB continues to develop because currently there are new products that are trying to compete with the Binance platform.
I think from the start, BNB Smart Chain transactions have been small. Because at that time, they made it one of the things that could compete with the Ethereum network. At that time, transaction fees on the Ethereum network were very high. Because of this, BSC is present as the best alternative for projects that build their tokens on this network. And the use of this network is increasingly widespread, because the transaction fees for BSC tokens are quite low, especially compared to the Ethereum network.
When compared to ethereum, of course Binance Smart Chain has cheaper gas fees, and is now starting to become popular because Binance Exchange always supports it. Ethereum has always had the same problem from the past and there has never been a solution, high gas fees. It is likely that many projects will switch to BSC and some to Solana
Title: Re: What is BEP20 Token?
Post by: IvugeoEvolutionCoin on April 10, 2024, 08:24:43 PM
When compared to ethereum, of course Binance Smart Chain has cheaper gas fees, and is now starting to become popular because Binance Exchange always supports it. Ethereum has always had the same problem from the past and there has never been a solution, high gas fees. It is likely that many projects will switch to BSC and some to Solana
Many have switched to Binance Smart Chain and Solana, as has happened in several projects which have been trending quite a lot on the Solana network for some time. With this, the Solana network is increasing and has many users. At least Ethereum already has two opponents to compete with. consider it carefully so that Ethereum can immediately solve the problem well.
Title: Re: What is BEP20 Token?
Post by: rizqillah on April 16, 2024, 05:27:55 PM
When compared to ethereum, of course Binance Smart Chain has cheaper gas fees, and is now starting to become popular because Binance Exchange always supports it. Ethereum has always had the same problem from the past and there has never been a solution, high gas fees. It is likely that many projects will switch to BSC and some to Solana
Many have switched to Binance Smart Chain and Solana, as has happened in several projects which have been trending quite a lot on the Solana network for some time. With this, the Solana network is increasing and has many users. At least Ethereum already has two opponents to compete with. consider it carefully so that Ethereum can immediately solve the problem well.
You are right, ethereum should immediately solve its problem so that its users do not turn to other networks such as Solanan and BSC, because as time goes on more and more will leave ethereum because BSC and Solana are much cheaper compared to ethereum
Title: Re: What is BEP20 Token?
Post by: IvugeoEvolutionCoin on April 17, 2024, 07:20:14 PM
When compared to ethereum, of course Binance Smart Chain has cheaper gas fees, and is now starting to become popular because Binance Exchange always supports it. Ethereum has always had the same problem from the past and there has never been a solution, high gas fees. It is likely that many projects will switch to BSC and some to Solana
Many have switched to Binance Smart Chain and Solana, as has happened in several projects which have been trending quite a lot on the Solana network for some time. With this, the Solana network is increasing and has many users. At least Ethereum already has two opponents to compete with. consider it carefully so that Ethereum can immediately solve the problem well.
You are right, ethereum should immediately solve its problem so that its users do not turn to other networks such as Solanan and BSC, because as time goes on more and more will leave ethereum because BSC and Solana are much cheaper compared to ethereum
The increase in gas fees required when making Ethereum transactions seems to have increased quite sharply, from January to April this was very scary. In January it was recorded that Etheruem only needed 35 Gwei to be used as gas fees. Then, starting in February, it rose even higher to an average of 60 Gwei due to the hype of the ERC-404 token. In March it was recorded that it reached a maximum Gwei of 98 Gwei. to carry out Ethereum transactions. Luckily, this month the highest was only recorded at 47 Gwei on April 13th.
Title: Re: What is BEP20 Token?
Post by: de_prof on April 18, 2024, 11:15:56 AM

The increase in gas fees required when making Ethereum transactions seems to have increased quite sharply, from January to April this was very scary. In January it was recorded that Etheruem only needed 35 Gwei to be used as gas fees. Then, starting in February, it rose even higher to an average of 60 Gwei due to the hype of the ERC-404 token. In March it was recorded that it reached a maximum Gwei of 98 Gwei. to carry out Ethereum transactions. Luckily, this month the highest was only recorded at 47 Gwei on April 13th.
Unfortunately, the ethereum team doesn't seem to care about the issue of high gas fees. Is there really no solution to overcome the problem of high gas fees, or is it because the costs required to repair their project are very high. But it seems there has been no clarification from ethereum
Title: Re: What is BEP20 Token?
Post by: EthereumDev_ on April 20, 2024, 06:42:53 AM
BEP20  tokens are digital assets on the binance smart chain, following a standard  for creating and managing tokens. They enable various functionalities  like Defi and gaming are compatible with the binance ecosystem and offer interoperability with other BSC based applications.
That's right, BEP20 is a smart chain produced from the Binance, Defi and Game platforms. It is indeed the best choice for developing BEP20-based tokens. With low costs and a fairly high transaction speed, game developers prefer to use BSC for the transactions they choose.
Title: Re: What is BEP20 Token?
Post by: DAMKAR on April 20, 2024, 08:19:22 AM
BEP20  tokens are digital assets on the binance smart chain, following a standard  for creating and managing tokens. They enable various functionalities  like Defi and gaming are compatible with the binance ecosystem and offer interoperability with other BSC based applications.
That's right, BEP20 is a smart chain produced from the Binance, Defi and Game platforms. It is indeed the best choice for developing BEP20-based tokens. With low costs and a fairly high transaction speed, game developers prefer to use BSC for the transactions they choose.
Binance smart chain is a good choice when ethereum gas fees have problems because they are too high. Many projects are switching to Binance Smart Chain, we know it as BEP20, with the advantages of cheap gas fees and fast transactions. Unfortunately now BSC has also found its competitor, fellow platform Solana also offers advantages
Title: Re: What is BEP20 Token?
Post by: Google+ on April 21, 2024, 07:47:00 PM
Binance smart chain is a good choice when ethereum gas fees have problems because they are too high. Many projects are switching to Binance Smart Chain, we know it as BEP20, with the advantages of cheap gas fees and fast transactions. Unfortunately now BSC has also found its competitor, fellow platform Solana also offers advantages
It is natural that Binance is a very strong supporter of BNB price movements. The future of BNB is in Binance's hands. As long as the Binance platform still provides many programs that use BNB, the price of BNB on the market will always increase.
Title: Re: What is BEP20 Token?
Post by: de_prof on April 23, 2024, 06:43:24 PM
Binance smart chain is a good choice when ethereum gas fees have problems because they are too high. Many projects are switching to Binance Smart Chain, we know it as BEP20, with the advantages of cheap gas fees and fast transactions. Unfortunately now BSC has also found its competitor, fellow platform Solana also offers advantages
It is natural that Binance is a very strong supporter of BNB price movements. The future of BNB is in Binance's hands. As long as the Binance platform still provides many programs that use BNB, the price of BNB on the market will always increase.
The Binance team always thinks about the sustainability of its coin BNB and also its smart chain project BSC. Currently Binance is the biggest exchange and good reputation, with the launchpool event we see that the BNB price is still moving quite well.
Title: Re: What is BEP20 Token?
Post by: TopT3ns on April 26, 2024, 04:01:06 AM
The Binance team always thinks about the sustainability of its coin BNB and also its smart chain project BSC. Currently Binance is the biggest exchange and good reputation, with the launchpool event we see that the BNB price is still moving quite well.
It's true, currently there are lots of new projects being launched on the Binance platform, of course Binance will continue to consider BNB to stay at the top. Binance realizes that its platform has very high users and a good reputation, so they are smart to provide many events that require BNB to participate.
Title: Re: What is BEP20 Token?
Post by: rizqillah on April 26, 2024, 09:09:23 AM
The Binance team always thinks about the sustainability of its coin BNB and also its smart chain project BSC. Currently Binance is the biggest exchange and good reputation, with the launchpool event we see that the BNB price is still moving quite well.
It's true, currently there are lots of new projects being launched on the Binance platform, of course Binance will continue to consider BNB to stay at the top. Binance realizes that its platform has very high users and a good reputation, so they are smart to provide many events that require BNB to participate.
The launchpad event by using BNB coins is a Binance team strategy. they want BNB coins to still have a good price.
With more and more projects using the BSC network, the price of the BNB coin is improving. Because we know that BSC or Binance smart chain is increasingly popular by offering the advantages of lower gas fees and fast transactions
Title: Re: What is BEP20 Token?
Post by: TopT3ns on April 27, 2024, 08:43:11 AM
The launchpad event by using BNB coins is a Binance team strategy. they want BNB coins to still have a good price.
With more and more projects using the BSC network, the price of the BNB coin is improving. Because we know that BSC or Binance smart chain is increasingly popular by offering the advantages of lower gas fees and fast transactions
Exactly, that way, at least Binance has the opportunity to always increase prices and manipulate BNB prices easily, because if there is no Launchpad program like the one that Binance provides to its users, BNB prices will be difficult to manipulate.
Title: Re: What is BEP20 Token?
Post by: DAMKAR on April 27, 2024, 01:34:10 PM
The launchpad event by using BNB coins is a Binance team strategy. they want BNB coins to still have a good price.
With more and more projects using the BSC network, the price of the BNB coin is improving. Because we know that BSC or Binance smart chain is increasingly popular by offering the advantages of lower gas fees and fast transactions
Exactly, that way, at least Binance has the opportunity to always increase prices and manipulate BNB prices easily, because if there is no Launchpad program like the one that Binance provides to its users, BNB prices will be difficult to manipulate.
Binance can manipulate BNB prices but it's not that big, because we have to go back to the basic factors that influence prices, namely demand and supply. Unless BNB burns its coins in large quantities, it will have a huge impact on the price of BNB. Binance is just trying to keep BNB from falling, that's all
Title: Re: What is BEP20 Token?
Post by: EthereumDev_ on April 30, 2024, 09:45:55 AM
Binance can manipulate BNB prices but it's not that big, because we have to go back to the basic factors that influence prices, namely demand and supply. Unless BNB burns its coins in large quantities, it will have a huge impact on the price of BNB. Binance is just trying to keep BNB from falling, that's all
That's right, that's why the Binance exchange always provides several useful launchpad events to cover their ways a little when they want to manipulate the price of BNB. We just need to follow BNB price movements and we will automatically make a profit.