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NETWORKS · Educational guide

What is BEP-20?

Basic concepts about the BNB Smart Chain token standard

BEP-20

BEP-20 is a widely used standard for fungible tokens on BNB Smart Chain. It defines common functions to improve compatibility across applications.

BNB Smart Chain

BNB Smart Chain is compatible with the Ethereum Virtual Machine but maintains its own infrastructure, validators and fee economy.

BNB

BNB is an asset used, among other functions, to pay fees within the network.

Distinguishing networks

Two networks can use similar formats or technologies without being the same network. Labels help identify each standard.

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