With a lot of people (especially in poorer countries) being priced out of the Ethereum Network due to the expensive fees — Binance’s BNB Network (previously known as Binance Smart Chain or BSC) was born.
What is BEP20? 🤔
BEP20 is the BNB Chain’s token standard; pretty much Ethereum’s ERC-20 equivalent.
Well-known BEP20 tokens include Binance USD(BUSD), PancakeSwap(CAKE), STEPN’s GMT Green Satoshi Token(GST), and your typical stablecoins on Ethereum such as USDT and USDC.
Exchanges that support BEP20 Deposits & Withdrawals ✨
FTX
Website: ftx.com
Implementation date: August 5, 2021
Binance
Website: binance.com
Implementation date: September 10, 2020
KuCoin
Website: kucoin.com
Implementation date: ?
OKX (OKEx)
Website: okx.com
Implementation date: May 17, 2022
