BEP-20 token standard explained

BEP-20 is the token standard on BNB Chain — a set of rules every token follows so wallets and exchanges know how to handle it. It is the BNB Chain equivalent of Ethereum's ERC-20.

What is BEP-20?

BEP-20 defines the common functions a token must have — like transfer, balance and approval — so any wallet or DEX can support it automatically. When you create a token on BNB Chain, it is a BEP-20 token.

BEP-20 vs ERC-20

They are nearly identical in design — BEP-20 was modeled on ERC-20. The difference is the network: BEP-20 lives on BNB Chain (low fees), ERC-20 on Ethereum, Base and Arbitrum. Code written for one works on the other with minimal change. See ERC-20 vs BEP-20.

What a BEP-20 token includes

• Name & symbol — e.g. "My Token" (MYT).
• Total supply — how many tokens exist.
• Decimals — usually 18.
• Optional features: mint, burn, transaction tax, anti-whale, blacklist.

What can you build with BEP-20?

Meme coins, utility tokens, reward points, governance tokens and more — all use the BEP-20 standard. Because BNB Chain fees are tiny, it is a favorite for experimenting and launching community tokens.

How to create a BEP-20 token

You do not need to write Solidity. A no-code BEP-20 creator generates and deploys a verified contract for you — just set the details and click deploy. See the step-by-step in how to create a BEP-20 token.

Why build with BEP-20 on BNB Chain?

BEP-20 is BNB Chain’s token standard, and it is essentially an ERC-20-style standard adapted for BNB Chain — which means it behaves the same way and works with the same familiar tools and wallets like MetaMask. What makes BEP-20 so popular for new tokens is the chain it runs on: BNB Chain offers very low fees and a massive existing base of retail traders, which is ideal for meme coins, community tokens and presales. Low cost to deploy and trade, plus a huge ready-made audience, is exactly why so many tokens launch as BEP-20.

BEP-20 in DeFi and beyond

BEP-20 tokens plug into a large ecosystem of DeFi apps, DEXs and communities on BNB Chain. They can be traded on decentralised exchanges, paired in liquidity pools, and used across DeFi just like any other major token standard. Because BEP-20 is ERC-20-compatible, builders and users coming from Ethereum find everything familiar — the same kind of smart contract, the same wallet experience, at lower cost. For the wider context of how token standards compare, see types of cryptocurrency.

Creating your own BEP-20 token

Launching a BEP-20 token is one of the cheapest and fastest ways to create a cryptocurrency, thanks to BNB Chain’s low fees. With a no-code creator you choose the name, ticker and supply, plan the tokenomics with the tokenomics generator, connect your wallet and deploy — paying only a small BNB gas fee, with full ownership kept in your hands.

Frequently asked questions