Welcome to the Ask SCN Community Forums Global Forum General Discussion Why is a BEP20 Token Trending and how can you create BEP20 Tokens?

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    MelindaRichards
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    BEP20 is trending among crypto traders as it offers a lot of benefits to the end clients such as cross chain compatibility and validator return advantages. Also, Binance smart chain works with Proof of stake mechanism, which is more beneficial than proof of work.

    Binance mart chain network has some decentralized networks that have native BEP20 tokens called pancake and bakery swap. This DeFi network provides traders with a platform to trade and stake BEP20 tokens to procure benefits. Binance supports BEP20 Pegged tokens.
    Because of these benefits, BEP20 tokens have turned into a token with high circulation and the best decision to integrate into the business.

    Besides, all BEP20 Token has some benefits with it. They are

    Benefits of BEP20 Token Development
    1. BEP20 Tokens have fast transaction and high scalability
    2. Entirely Decentralized solutions
    3. Secured smart contracts
    4. Dual chain Architecture
    5. POS and DPOS support
    6. No intermediates

    How to create a BEP20 Token?
    If you want to #createBEP20token, there is a list of some basic factors that you want to know before creating a token on the Binance smart chain. They are,

    TotalSupply
    BalanceOf
    Transfer
    TransferFrom
    Approve
    Allowance

    Also, you should be an expert in programming knowledge called solidity and other technical skills. And if you feel it is difficult to create a BEP20 token by yourself, you can provide the Token creation to the best BEP20 Token development company.
    There are numerous Token development companies available in the world, you need to choose the best BEP20 token development company for your business. So that you can create your own BEP20 token on the Binance smart chain with advanced features at an affordable price.

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