What are the Features of BEP-20 Token Development?

Sophia Linnea
Jul 30, 2021

The following are the features of the BEP-20 token development

Completely Decentralized

The BEP-20 token development process works with transparency which makes it entirely decentralized.

Cross-Chain Adaptable

BEP-20 is compatible with Binance chains i.e BEP2 coins. So BEP-20 can be transferred between the two networks Binance smart chain and Binance chains.

Supports POS and DPOS

Both Proof of Stake and Distributed Proof of Stake will be supported by the platform developed using BEP-20.

Quick in Transactions

This is one of the major advantages in BEP20 token development, as it supports high speed transactions. And also the transaction fee is low for BEP-20 tokens.

Ease to List

The BEP-20 token standard is more popular and reliable. And so the leading crypto exchanges will list these BEP-20 tokens without any hassle.

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