Binance Smart Chain has a BEP20 token standard, which works in the same way as Ethereum's ERC20 standard. BEP20 is a token standard for developers that enables anyone to deploy fungible digital currencies or tokens on Binance Smart Chain. Furthermore, leading digital assets from other chains can be ported onto the Binance Smart Chain as pegged BEP20 tokens. You could, for example, use Binance Bridge to exchange bitcoin (BTC) for BTCB (BEP20) tokens backed by BTC. BTCB (BEP20) tokens can then be used in DeFi protocols to earn bitcoin yield. The same is true for ETH, XRP, DOGE, and many other cryptocurrencies.Dunitech Soft Solutions Pvt Ltd, a leading Binance Smart Chain company in India. Lucknow, offers Binance Smart Chain network. Contact:+91-8858915711.contact@dunitech.com.