BEP-20 token: Everything You Need to Know

When working with BEP-20 token, a token standard on Binance Smart Chain that lets developers create fungible assets with low fees. Also known as BSC token, it powers countless DeFi projects, airdrops, and gaming tokens. In plain terms, a BEP-20 token is to BSC what ERC‑20 is to Ethereum – a set of rules that make tokens easy to move, trade, and interact with smart contracts.

To understand why BEP-20 token matters, start with the chain it lives on. Binance Smart Chain, a high‑performance blockchain built for fast transactions and cheap gas fees provides the infrastructure that lets these tokens swap in seconds without burning a hole in your wallet. The chain’s compatibility with the Ethereum Virtual Machine means developers can port existing tools, which is why you’ll see many projects launching on BSC first.

Key concepts to master

Every BEP‑20 token follows a core set of attributes: total supply, decimals, name, symbol, and a few standard functions like transfer and approve. Those attributes shape the token’s tokenomics, the economic model that defines distribution, inflation, and incentives. Good tokenomics balance reward for early adopters with long‑term sustainability, while poor design can lead to price dumps or lock‑ups that scare investors.

Airdrops are the most visible way BEP‑20 tokens reach new users. An airdrop, a free distribution of tokens to a target audience can boost awareness, bootstrap liquidity, and create a community ready to trade. Successful airdrops often tie eligibility to specific actions – holding a certain BSC wallet, completing KYC, or engaging on social platforms – turning the token into a viral marketing tool.

Storing and using BEP‑20 tokens requires a compatible wallet. A BSC wallet, any wallet that supports Binance Smart Chain like Trust Wallet, MetaMask (BSC network), or Binance Chain Wallet lets you receive, send, and interact with smart contracts directly from your phone or browser. Setting up the wallet correctly – adding the BSC network, securing your private key, and enabling token visibility – is the first defensive step against scams and lost funds.

All these pieces fit together like a puzzle. BEP‑20 token encompasses tokenomics, relies on Binance Smart Chain for execution, needs a BSC wallet for access, and often leverages airdrops to grow its user base. Understanding each part helps you evaluate new projects, avoid pitfalls, and even launch your own token with confidence.

Below you’ll find a curated list of articles that dive deeper into each of these topics – from how airdrops work in 2025 to real‑world tokenomics examples and wallet security tips. Browse the collection to get actionable insights you can apply right away.