BEP20 token is a separate token standard that has been made to categorize and characterize tokens on Binance Smart Chain with certain inbuilt token protocols. Anyone can create BEP20 token on Binance Smart Chain. Benefits of Bep20 tokens are:
Matchless Efficacy
Issuance
Staking
Scalability
Decentralized
Safe Structure
Easy-to-create
Collateralized