BEP20 token is a token of Binance Smart Chain like as ERC 20 token of ETH. It's a easy and friendly token. you could use Binance Bridge to swap bitcoin (BTC) for BTCB (BEP20) tokens backed by BTC. It's very popular now and it will create a great demand.
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What is BEP20 Token?
BEP20 token is a cryptocurrency token which is developed from the Binance Smart Chain Blockchain platform. Therefore, it is named after its native blockchain platform as BEP20 token, which is now trending the global market mainly in the DeFi platform. BEP20 token is used in DeFi protocol like Uniswap, PancakeSwap and others.