Create Own BEP20 Token Development on Binance Smart Chain (BSC)
BEP20 Token Development
BEP20 token development is one of the most innovative areas in the crypto market today, and it has a bright future ahead of it. We are a BEP20 token development company that creates BEP20 tokens on the Binance Smart Chain for a variety of uses. Our BEP20 token development team possesses the technical expertise and creates tokens that provide basic functionality for the BEP20 token, such as token transfer, balance return, and ownership view, among other things. We can also create custom BEP20 tokens to help you recover from any business setbacks.
KnightExchange – A leading BEP20 development company with an expert team who can create BEP20 standard tokens on Binance smart chain that delivers customer requirements. Our developer team can rectify the problems that may emerge from the beginning till the end of the project. From token development to trade listing, we collaborate closely with our clients to combine their valuable ideas. The list continues on with token development solutions, blockchain-specific tokens, and cost-effective white-label software.
In this digital world, the token is used widely for financial transactions in various industries. Token has some value for itself and most importantly the value of the token is not a fixed one and it may vary based on which domain, the token is to be used. Tokens are created for a variety of objectives including personal, business, and other types of tokens available in the market. Smart contracts are written and deployed in prominent blockchain systems such as Ethereum, Tron, EOS, Binance chain, and others to create tokens.
Features of BEP20 token development
Token cap– The quantity of tokens that will be created is predetermined. As a result, the user who can acquire tokens can be assured that no more tokens will be generated than the stated amount.
Token creation– You will be allowed to create tokens if and when necessary as a token owner. If you want to inflate the token value, you can also cease creating tokens.
Compatible tokens – The tokens we create will be fully compliant with the standard BEP20 token and adaptable, with names that may be changed, symbols, and the number of decimals specified.
Token burning -If you want to lower the circulating supply of our BEP-20 tokens, you can choose to burn them.
Role-based access– The admin and minter roles’ addresses can be changed whenever the token folder sees fit.
BEP20 Token Development Services
The blockchain and crypto trading companies are well-structured in BEP20 token development, and they offer the following services to meet various business demands.
Token development and creation
Based on the industry model, the developing businesses create both fungible and non-fungible tokens on the Binance Smart Chain blockchain.
BEP20 token development / Mintable BEP20 token development
The blockchain and crypto technology consulting and development organizations specialize in developing mintable BEP20 tokens with a non-fixed total supply, enabling token owners to “mint” additional BEP20 tokens at any moment.
Highly qualified blockchain developers can transform ERC tokens to trustworthy token standards and migrate your token from beta to mainnet on any blockchain like Ethereum. TRON, EOS, and BSC.
Listing of BEP20 tokens
Highly qualified teams can help you list the newly minted BEP20 tokens on a number of prominent cryptocurrency exchanges, increasing their popularity and attracting investors from all around the world.
Development of a BEP20 token wallet
To store and manage Binance chain tokens issued under any BEP20 standard, blockchain developers can create personalized token wallets.
Development of an Initial Coin Offering (ICO)
By issuing ICO-based BEP20 tokens to value investors all over the world, blockchain engineers can assist you in assembling and erecting your ownnICO platform with complete facilities. It generates cash for new business plans. These blockchain developers create an ICO script that would be both robust and scalable, enabling you to launch your crowd sale platform swiftly.
Advantages of BEP20 Token Development
- The main advantages of the BEP20 token are,
- Unparalleled efficacy
- Easy to create
- Secured structure
Binance Smart Chain (BSC) token development
BEP20 is a BSC standard token that is similar to the ERC20 standard token. The major purpose of BEP20 is to provide developers with a flexible framework for creating a variety of tokens on the BSC. To use BSC, you can either create your own token based on the BEP20 token standard or peg tokens from some other blockchain. Any BSC token can be used by any other application owing to the BEP-20 standard from wallets to decentralized exchanges. The main objective of BEP is to construct a BSC token contract. It also extends ERC-20 to permit cross-chain transfer.
The BEP-20 is also supported by Trust wallet making it easier to access your digital assets. The BSC is now active on a mainnet and ready for testing and it is expected to improve the usability of the BNB and Binance chain. Some of the major BEP tokens are CAKE, SAFEMOON, BAKE, BUSD, SXP, ALPHA, BUX, BURGER, WBNB, and C.R.E.A.M.
Create BEP20 Token on Binance Smart Chain (BSC)
To build your own BEP20 token on BSC, you must first pick how you want your token to look. Multiple languages are used to create tokens. When it relates to BEP20 token development, the Solidity language is the most popular. So, for your BEP20 development, you first choose a suitable blockchain platform, such as BSC.
KnightExchange is a leading token development firm that creates and deploys smart contracts for BEP20 tokens that are standard, capped, mintable, and burnable.
- Factors to be considered
- Token name
- Token symbol
- Token decimal places
- Token supply
- Balance of the amount
- BEP20 Similarities with ERC20 and BEP2
BEP20 VS ERC20
BEP20 tokens are Ethereum based smart contracts that can be stored on the BSC blockchain network. They may be implemented using the Remix IDE or a platform like Truffle are interoperable with ethereum virtual machine.
BEP20 vs BEP2
The Binance blockchain network as a whole consists of two blockchains, the Binance Chain, and the BSC. These blockchains run in parallel to each other where BEP2 is the standard for binance chain and BEP20 works on BSC. The binance chain deals with payments and monetary tokens while the BSC supports smart contracts.
BEP20 Token Development Process
We are aware that there are many different interpretations of what a standard token development process should entail. However, there is a general understanding of the stages that must be taken in order for a crypto token’s development life cycle to be successful. We describe the trending list of processes that lead to a distinctive and safe BEP20 token development project delivery based on user value.
Zero steps to BEP20 token development process
- Research and discovery
- Testing and deployment
- Post-deployment and maintenance
Finally, the main approach to describe a BEP20 token to potential users and investors during the BEP20 token development process. The whitepaper is being written as part of the token creation process. This is a common approach for introducing new blockchain projects to the infrastructure.
Why choose KnightExchange for BEP20 Token Development?
We, KngithExchange premium blockchain-related technology solutions have extensive experience in the cryptocurrency domains and produce the token design process with extreme precision, enhancing the user experience via crypto market assessment and providing optimal solutions at a low platform construction cost, as well as post-delivery assistance.