Looking to build a Binance Smart Chain BEP20 like Token Development?
What is Binance Smart Chain?
Binance Smart Chain is the next update of Binance Chain and it will run parallel in the Binance Chain it is also called as an BSC and it enables the creation of smart contracts for tokens on the Binance blockchain and also introduce an all new staking mechanism of BNB it is expected to greatly increase the utility to both Binance Chain and BNB. BSC creates an ecosystem where validators, token holders , developers and users to get benefits from a rewarding blockchain that can offers high performance and also give space for further innovations.
What is BEP-20 Token?
BEP-20 is a standard token on Binance Smart Chain (BSC) which is similarly like ERC20 standard token one of the famous Ethereum Token Standard. BEP-20 was contain a specified technical aspects for an Binance smart chain (BSC) the main aim of this token to providing a flexible format for developers to launch a wide range of tokens on Binance Smart Chain. BEP-20 Tokens are fully powered with an BNB. One could create a native token on BEP-20 token or else an peg tokens from an other blockchains to make use on BSC this was also called as peggy coins, which are almost BEP-20 versions of other crypto assets like XRP.
BEP-20 standard allows an any tokens on Binance Smart Chain to be used by an other applications from wallets to decentralized exchanges in a consistent way, this standard interface also extends ERC-20 to facilitate cross chain transfer, the main purpose of this BEP is to create a token contracts on Binance Smart Chain. Trust wallet also supports BEP-20 Token so you can be easily with draw your digital asset. Binance Smart chain is now live on a mainnet and also ready to be tested by some of the top projects in the crypto industry and it is expected to greatly increase the utility of Binance chain and BNB.
Where to create your own BEP-20 token on Binance Chain?
Are you planning to create your own token on Binance Chain for your business proposes? There is numerous company provides the best Token Development services but only a few succeeded and got a Branding name among the globe!. Being a leading Token Development Company, Developcoins is well experienced in the Blockchain development to provide a complete token creation services and our dedicated blockchain developers helps the clients to create their own BEP-20 token on the Binance Smart Chain with an innovative futures at an affordable price!
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