BEP-20 Token Standard

When working with BEP-20, the token standard that runs on Binance Smart Chain and dictates how fungible tokens are created, transferred and managed. Also known as BSC ERC‑20, it serves as the backbone for thousands of DeFi projects, gaming tokens, and stablecoins on the BSC ecosystem.

The BEP-20 framework encompasses a set of rules that any token must follow to be compatible with the BSC network. To meet those rules, a token requires the underlying Binance Smart Chain, a high‑throughput, low‑fee blockchain that is fully EVM‑compatible. This compatibility means developers can reuse ERC-20, Ethereum’s original fungible token standard code with minimal changes, allowing a smooth migration of assets from Ethereum to BSC. Because ERC-20 influences BEP-20 design, most BEP-20 tokens inherit familiar functions like transfer, approve, and allowance. Beyond the technical specs, token tokenomics, the economic model that defines supply, distribution and incentives play a crucial role in how BEP-20 projects attract users. For example, a deflationary BEP-20 token may burn a portion of every transaction, while an inflationary token might mint new coins to fund development. Smart contracts built on BSC execute these rules automatically, ensuring transparency and security without a central authority. The result is a vibrant ecosystem where DeFi protocols, NFT marketplaces, and gaming platforms can launch quickly, take advantage of low transaction costs, and tap into a massive user base that already trusts Binance’s infrastructure.

Below you’ll find a curated collection of articles that dive deeper into each of these angles. Whether you’re curious about how BEP-20 compares to ERC-20, looking for real‑world use cases, or need guidance on building your own token, the posts ahead break down the concepts, showcase current projects, and flag potential pitfalls. This mix of practical tutorials, market analysis, and technical deep‑dives gives you a well‑rounded view of the BEP-20 landscape, so you can decide how it fits into your crypto strategy.