I am trying to understand what a BEP20 address is. I have heard about it in the context of cryptocurrency and blockchain, but I am not sure what it specifically refers to or how it is used.
5 answers
Chiara
Thu Mar 06 2025
BEP20 represents a token standard specifically designed for the Binance Smart Chain (BSC).
DigitalDuke
Thu Mar 06 2025
This standard functions analogously to the ERC20 standard, which is utilized on the
Ethereum blockchain.
HallyuHeroLegendaryStar
Thu Mar 06 2025
A BEP20 address functions as a unique identifier, facilitating the seamless receipt, storage, and transmission of BEP20 tokens on the Binance Smart Chain.
CryptoWizard
Thu Mar 06 2025
Users rely on this address to manage their BEP20 tokens, ensuring secure and efficient transactions.
CryptoNinja
Thu Mar 06 2025
BEP20 wallet address serves a crucial role in the realm of cryptocurrency.