Like ERC-20, BEP-20 is a token model, and the two share many similarities. As such, ERC-20 tokens need to be converted into BEP-20 tokens if transferred from chain to chain. BEP-20 is a token model on BNB Smart Chain, which doesn’t differ much from Ethereum’s ERC-20. Some consider Binance’s and Ethereum’s ecosystems to be rivals,…