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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.
Related Terms
The technical standard for tokens on Ethereum.
A digital asset created on an existing blockchain rather than its own chain.
The largest DEX on BNB Chain, also running on Ethereum and other chains.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The way Ethereum and many other chains track balances.
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