BEP20 is a Binance Smart Chain token standard that provides the foundation for the launch of BSC tokens on the Binance Smart Chain. The following are the characteristics that make BEP20 a better choice: Token capital Token production Capital in the form of tokens The total quantity of coins created is finalised during the development stage of digital assets, assuring buyers that the coins are limited. Minting of tokens If necessary, the token owners can mint it, or if not, they can halt it.