BEP-20 Beginner's Guide
BEP-20 is BNB a fungible token standard on Smart Chain. When using these tokens, you should understand wallet compatibility,BNB gas fees, and network selection, and verify the token contract address before transferring.
BEP-20 What is
BEP-20 is BNB a set of fungible token rules on Smart Chain, similar in function to Ethereum's ERC-20. It defines how tokens are created, transferred, and managed, as well as how wallets and applications interact with them, allowing different projects to issue and use assets in a common manner.
Token Uses and Gas Fees
Using BEP-20 tokens can represent stablecoins, in-app utility tokens, governance tokens, and can also be used to map assets on other blockchains. Each transfer requires to pay the Gas fee, compensating validators for processing and confirming the transaction, so a small amount of should be reserved in the wallet.BNB to pay the Gas fee, compensating validators for processing and confirming the transaction, so a small amount of BNB。
Security Checks Before Transferring
Send BEP-20 tokens, the receiving wallet must support BNB Smart Chain, and the same network must be selected. Even if the address format looks valid, mistakenly selecting ERC-20 or other networks may cause the assets not to display properly. Verify the network before proceeding, and use BscScan to verify the token contract address.
Original Tutorial
https://www.binance.com/zh-CN/academy/glossary/bep-20
Mark it complete when you understand it.
Opening a lesson does not complete it automatically. You can change its status at any time.