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BEP-2

BEP-2 is a token standard on the Binance Chain, which is a blockchain created by Binance, one of the largest cryptocurrency exchanges in the world. BEP-2 is similar to the ERC-20 standard on the Ethereum blockchain and enables the creation and issuance of tokens on the Binance Chain.

Some popular tokens that follow the BEP-2 standard include Binance Coin (BNB), the native cryptocurrency of the Binance Chain, and stablecoins such as BUSD (Binance USD).

Discover other #Advanced terms in DEXTool's Crypto Glossary

Initial Public Offering Gas Fee Initial Game Offering (IGO) Initial Exchange Offering (IEO) Hot storage Hash function Gas Station Network (GSN) Full node Vesting Cliff Solana Double spending Day trading Crypto loan Crowdloan Consensus Mechanism Brave Browser Blockchain 3.0 Block Explorer Arbitrage