BEP-20 is a token standard on the BNB Smart Chain (BSC). It extends ERC-20 (Ethereum token standard) and BEP-2 (BNB Beacon Chain standard) tokens.

You can use BEP-20 tokens in several ways, such as:

• Move your tokens between different blockchains;

• Use compatible tokens on different blockchains;

• Peg tokens from other blockchains and make them available on the BNB Chain (e.g., pegged Bitcoin as BTCB);

• Swap BEP-2 tokens for BEP-20 equivalents (e.g., BNB from BEP-2 to BEP-20);

• Enjoy low transaction fees and an efficient 3-second block time.

You can learn more about BEP-20 from this Academy article.

How to withdraw BEP-20 tokens on Binance?

You can withdraw BEP-20 tokens to any BSC-compatible wallet. 

Please make sure the exchange or wallet you’re using supports BEP-20 before making a withdrawal, or your assets might be lost and cannot be recovered.

In this example, we’ll withdraw BNB from Binance to Trust Wallet.

1. Log in to your Binance account and go to [Wallet] - [Overview].

2. Click [Withdraw]. 

3. You’ll be redirected to the [Withdraw Crypto] page. Choose the coin to withdraw. 

4. Go to your Trust Wallet and copy the BNB receiving address. Click [Receive] and choose [BNB (Smart Chain)]. You’ll see a QR code and the address. Click to copy it. 

5. Paste the address to the [Address] field. The system will automatically select the network as [BSC - BNB Smart Chain (BEP-20)]. 

6. Enter the BNB amount to withdraw. You can choose to use the funds in your Spot or Funding Wallets. You’ll then see the network fee for this transaction. Click [Withdraw]. 

7. You’ll be prompted to confirm the network. Click [Confirm] to proceed. 

8. Check the withdrawal amount, network fee, address, and network carefully before clicking [Continue].