When you trade a token on Binance Smart Chain, you're almost always dealing with a BEP-20 token, a standard for creating tokens on the Binance Smart Chain network that’s compatible with Ethereum’s ERC-20 but faster and cheaper. Also known as BSC token, it’s the backbone of most DeFi apps, yield farms, and meme coins built on Binance’s network. Unlike Ethereum, where transactions can cost $10 or more during spikes, BEP-20 tokens run on a network that keeps fees under $0.10 most days. That’s why so many new projects pick it over Ethereum — it’s not about being better, it’s about being affordable.
BEP-20 tokens are built to work like ERC-20 tokens, meaning they can be stored in MetaMask, traded on decentralized exchanges like PancakeSwap, and used in staking or liquidity pools. But they’re not the same. BEP-20 runs on a proof-of-staked-authority blockchain, which means fewer validators, faster blocks, and lower energy use. This makes it ideal for projects that need speed and low costs — think daily trading, quick swaps, or tokens that need to move fast. You’ll find BEP-20 tokens in almost every DeFi project on Binance Smart Chain, from stablecoins like BUSD to obscure meme coins with no whitepaper. The key difference? BEP-20 doesn’t require you to pay through the nose just to send a token.
Related to BEP-20 are the networks and tools that make it useful. Binance Smart Chain, a blockchain developed by Binance as a faster, cheaper alternative to Ethereum is the foundation. Without it, BEP-20 tokens wouldn’t exist. Then there’s PancakeSwap, the most popular decentralized exchange on Binance Smart Chain, where most BEP-20 tokens are traded. And let’s not forget BUSD, the dominant stablecoin on BSC, built as a BEP-20 token and used as the base pair for hundreds of other tokens. These aren’t just tools — they’re the ecosystem that keeps BEP-20 alive.
Why does this matter to you? Because if you’re trading crypto outside of Ethereum, you’re probably using BEP-20 tokens every day. Whether it’s swapping tokens on PancakeSwap, staking in a yield farm, or buying a new meme coin, BEP-20 is the invisible engine behind it. But it’s not without risks. Many BEP-20 tokens have no team, no audit, and no real use — just hype. That’s why you’ll find reviews here on projects like Polycat Finance, Libre Swap, and ARNOLD — all BEP-20 tokens that look promising but carry serious risk. Some are legitimate tools. Others are traps. Knowing how BEP-20 works helps you tell the difference.
What you’ll find below are real-world examples of BEP-20 tokens in action — the good, the bad, and the dangerously misleading. From exchanges built on BSC to tokens with zero volume and massive price swings, this collection shows you what’s actually happening on the network. No fluff. No guesses. Just what’s out there — and what you should watch out for.
MAHA.xyz (MAHA) is a BEP-20 token powering the Wagmie platform for launching tokens on Binance Smart Chain. It's not a health coin - it's a utility tool for creators. Learn its real use, price chaos, and whether it's worth anything in 2025.