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  1. Home
  2. /Glossary
  3. /BEP-20
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blockchain

BEP-20

The token standard on BNB Chain, equivalent to Ethereum's ERC-20.

Definition

The token standard on BNB Chain, equivalent to Ethereum's ERC-20. BEP-20 tokens follow the same basic interface for transfers, approvals, and balance checks. Most tokens on BNB Chain use this standard, and many popular Ethereum tokens have BEP-20 versions that trade on PancakeSwap.

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Related Terms

ERC-20

The technical standard for tokens on Ethereum.

Token

A digital asset created on an existing blockchain rather than its own chain.

PancakeSwap

The largest DEX on BNB Chain, also running on Ethereum and other chains.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

Account Model

The way Ethereum and many other chains track balances.

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