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Best Way to Create BEP20 token | Unicarve - Wersja do druku

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Best Way to Create BEP20 token | Unicarve - preetysaifu - 03-29-2022

If you want to make your own cryptocurrency token, a BEP20 token would be a great choice. If you want to start making money with a cryptocurrency token, you need to put it on the blockchain. The blockchain is like a shared ledger for your token, keeping a record of all the transactions that have been made with it. Without this transaction database, no one can trade or use your token in the real sense of the word. There have been a lot of transactions on the Ethereum blockchain, so it has become the most popular.

This has led to a lot of congestion, slow transaction speeds, and high transaction prices. For a simple token exchange on the Ethereum network, it can cost between $5 and $10, but it's not set in stone how much. Binance Smart Chain (BSC) is a blockchain network that is similar to Ethereum in terms of technology, but it has a few changes that make it much cheaper to make transactions. It can also do a lot more transactions in a short amount of time.

The most common way to create bsc token is that you write smart contract code that meets all of the requirements of a BEP20 specification. A programming language called Solidity is needed to make the smart contract work on the BSC blockchain. This may take a lot of time, which could delay the debut of your token for a few months. A no-code platform called Unicarve Token Creator lets you make BEP20 tokens in a matter of seconds.

BEP20 is the token standard on Binance's faster and less expensive blockchain, the Binance Smart Chain, and is similar to the ERC-20 token standard on the Ethereum Blockchain. The BEP20 on the BSC mimics ERC-20 functionality, governing the creation and operation of all other tokens on the blockchain, as well as their tokenomics and management. The existing BEP-2 standard also applies to Binance's traditional blockchain, and due to their similar specifications, all three standards are compatible.

RE: Best Way to Create BEP20 token | Unicarve - zxclord123 - 05-01-2022

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