Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MelindaRichards on June 13, 2022, 03:05:39 PM
-
Binance introduced Binance smart chain(BSC) to offer the users a platform to build and develop DApps. It is entirely programmable and considered a parallel blockchain which creates a dual-chain system by bringing programmability to Binance Chain. Therefore, BSC gained big attention from developers, traders, and investors. By using Binance smart chain, one can create a BEP20 token which is in great hype now.
BEP20 Token
BEP20 is a token standard that comes under the binance smart chain. It is the most popular token standard used for fungible token creation. BEP20 is an enhanced standard of BEP2 and is compatible with ERC20 tokens. It attracted a huge number of crypto startups and traders due to transactional speed and other desirable features. They are,
Features of BEP20 Token
Flexibility
Faster Transactions and High scalability
Entirely Decentralized solutions
Cross-chain Compatibility
Exchange listings
POS and DPOS support
How to create a BEP20 Token?
Creating a BEP20 token is not a tedious task. They can be created in two ways. If you are well versed in Binance Smart Chain platforms, blockchain coding, and strong skills in solidity, then you can develop by yourself. Also, you need to set business requirements for BEP20 token creation. Secondly, You can pick a top-rated BEP20 Token development company in the blockchain space which will help you to create BEP20 tokens with elite features in a cost-efficient manner.