How to create BEP20 Token on Binance Smart Chain?
Binance Smart Chain (BSC) has a BEP20 token standard that functions similarly to Ethereum’s ERC20 standard.
BEP20 is a developer-friendly token standard which allows you to develop and deploy fungible tokens or other tokens on Binance Smart Chain. BEP-20 was conceived as a technical specification for Binance Smart Chain, with the goal of providing a flexible format for developers to launch a range of different tokens. These could represent anything from shares in a business to dollars stored in a bank vault (i.e., a stablecoin).
Use Case of BEP20 Standards Tokens
Use compatible tokens on various and popular blockchains networks
Backed tokens from other blockchains and make them available on BSC.
Swap BEP-2 tokens for BEP-20 equivalents
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Token smart contracts are not only accountable for creating tokens but also for managing transactions and keeping track of the balances of each token holder. BEP20 is a standard or guideline for creating new tokens on BSC. The standard defines mandatory functions that a smart contract should execute and three optional ones.
To create you can give your token a name, a symbol, and mention how dividable your token is, by specifying the decimals. BEP20 specifies a set of mandatory functions, You only need to provide the name of your token, a symbol, and a few other parameters to successfully create your BEP-20 token.
If you know something about BEP20 token development. If you want your token to be a BEP20 token, you must know the technical terms or otherwise consult with the token development company that helps to create your BEP20 token on Binance Smart Chain
We, at Developcoins, have proven to be one of the best token development companies that serve you with a complete package - a team of token developers, designers, and marketers, who know this tech inside out and languages to develop a token for your brand. Our highly skilled token developers have excelled their skills at working to create tokens on various blockchain platforms, including Ethereum, Tron, Binance Smart Cain, etc, and thus gives you a complete solution while planning to step into this cryptocurrency world.
We are a completely bootstrapped token development company with 7+ years of experience in this field. Developcoins is an initiative to help crypto and blockchain start-ups create groundbreaking BEP20 token development solutions that impact the world for the better. We have a team of expert developers and tech folks who have been in the blockchain and crypto token development services industry for many years. Our team specializes in developing tokens for clients across different industries.
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