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Both are good to use but depending on what you wanna do with them, ERC20 is more secure and most times due to its gas fee people don't prefer using it rather launching their project on BSC. BEP20 (BSC) are not that secure unlike ERC20, you see lots of spam token in bsc with fake price and when you attempt to sell them you got phished and likely lose your asset the only benefits i know you got from bep20 is just reduction of gas fee. However, to me it was built as an alternatives to ERC20.  I would like you to properly read this article here to understand their differences, i mean all you need to know about the both network it is self explanatory. (https://cointelegraph.com/learn/binance-smart-chain-vs-ethereum-differences-explained)

Actually both network are good and very stronger but if we compare with transaction fees about coin transfer than Bep-20 is better than Erc-20 because ERC-20 need transfer fees so high and when we use Bep-20 Networks for transfer our token/coins than Bep-20 Fees very cheap / low. So my best options is Bep-20 selected network is always BETTER and faster transaction also very faster Bep-20.

When we look at both networks, it is possible to see that both are of high quality. But ERC20 network is more reliable than BSC network. Because tokens or their owners, which are released for fraudulent purposes in the market, prefer the BSC network because of their costs and gas fees. Because of the transaction costs, they produce tokens in seconds and make their sales. However, since the costs are high in the ERC20 network, investors do not invest in every token that is issued. Naturally, in this case, it makes the ERC20 network a bit more reliable than the BSC network.

I will only speak from transaction fees perspective, everyone knows bsc has an incredible low transaction fees hence it is easy to move tokens around in the network on like the ethereum network which is very expensive and congested.

I believe what makes a token better is the team behind the project and not the network it was created. Since both network servers almost the same purpose in terms of launching a project, it will be better to consider the one with the most lowest fees coz in the end that is what 99% of the crypto community are concerned about.

The two ecosystems are good but often the BSC network is always abused by people who are not responsible for the spam tokens they generate, often I also get tokens sent from nowhere, maybe because the low cost of the BSC network makes it easy for scammers to do the action is by sending tokens anywhere so that the wallet is dusted.

The ERC20 network is more flexible even though the network costs are expensive but there are many projects that stand well on their network so this network is stronger than BSC, seeing some of the tokens active on the ERC20 network are more promising than on the BSC network.

Both networks are solid enough to win the trust of users for years since the launch of both. Choosing to use one of them depends on the purpose of use each time. In view of the history of the activity of each network, ERC20 has proven its efficiency, which contributed to the launch of many projects with the same degree of efficiency, while BEP20 is considered relatively recent.

Users generally prefer the BEP20 network because the fees are very low compared to transfers on its ERC20 counterpart, in addition to the speed of transaction confirmation. The ERC20 network is more efficient for launching applications, but it still suffers from the power of miners who demand more fees as the network becomes more popular.

actually, both BEP20 and ERC20 have quite same condition. But, if considering the fees, I personally will prefer to BEP20, Because the fees are lower. I know that sometimes, ERC20 fee is also low, moreover during bearish era. But during bullish era or in certain period in ehich the transactions are ver high, the fees of transfering Erc20 tokens are kiling, very high.
while Bep20 is commonly more stable, I mean more affordable and lower than Erc20.

BEP-20 tokens are a variety of crypto assets that do not have their own blockchain, but use the Binance Smart Chain (BSC) smart contract blockchain. Although BEP-20 is considered to be an improved analogue of ERC-20, however, I believe that this was justified when Ethereum experienced difficulties during a period of low scalability and renewal of its network. Going forward, Ethereum blockchain tokens appear to have a better chance of increasing demand and liquidity. Therefore, BEP-20 tokens are better suited for work now, but ERC-20 tokens are still in the future.

Recently, I have observed a significant decrease in the transaction fees of ERC20, but they still cannot be compared to the low transaction fees offered by BEP20. It would be beneficial to analyze and compare both blockchains when they experience the highest transaction volumes.

Both network are good, but then when we will talk about fees I rather choose BEP20. And if you are a fan of new projects they are commonly used bsc as their chain in their market and they will release it in some exchanges that they only need provide liquidity. Right now I still choose bep20, even though all of us knew that ERC20 comes with a lot of benefits but still in terms of fees and speed , BEP20 will win.

This will depend on the project itself, not all projects under this two network are doing so well and you can see most of the failed projects too. ERC20 seems to be more attractive once its a good project and even if the fees are high the investors will still come because they saw true potential here. BEP20 are already cheap in nature, though with regards to good projects, I think they have a few.

Choose both if its a good project and you see potential with it, though right now ERC20 produced more good projects compare to BEP20 and probably that’s the reason why many are still investing on this even if the fees are too expensive to deal with. Anyway, there’s a lot of new projects already that solve this problem, you can start to look for it and invest with them.

Except bep20 is famous for all the scammers issuing their trash tokens with their trash idos and no one takes bep20 tokens seriously. And you could just use L2 like arbitrum for the fees until eth scales to more user friendly prices. And faster and cheaper is not always better. Decentralization level of BSC is questionable at best. Also ecosystem in ERC20 is better and more mature and attracts way more developers. So my bet is that big adoption will happen with ETH, not with BNB.

both are just the same honestly, but if you seek fees that makes more sense then BEP20 is the way, the thing is that there's always reason why many
prefers to deploy their project in ERC20 tokens, basically the main blockchain of ethereum, that's because simply put the traffic is significiantly better in ethereum,
though bsc is also having quite good of traffic themselves, but in general they are still full of shitcoins, moreover bsc only have populated blockchain when metaverse
was still a thing, back then many projects needs good scalability like metaverse, and they seek that from bsc, nowadays that doesn't seem to be necessary.

All depends on what you want to go for. Both networks provide several advantages and disadvantages. ERC20 currently has many good projects but BEP20 offers speed and smoothness when making transactions. I personally prefer BEP20 but it comes down to individual decision and preference.

ERC 20 must be better. BRC just another garbage token with no purpose at all. It's actually BS token since the token has no utility caused by taproot was not able to make token to be integrated to the ethereum with its dapps support.

I will prefer to take ERC instead of BRC in long term. it's more promising.

In terms of fees obviously bep20 is the lowest compared to two. But I like eth ot erc20 ecosystem more since its more wider and has more potential. There are more shitcoins that rug on bsc than eth. Plus you could use other network or L1 now. There are plenty of lower fees and has good ecosystem too. You dont need to stick with common or major usage of those two anyway.

ERC20 is the best and optimal for managing smart contracts on Ethereum blockchain, and the reason for you is that Ethereum originally works on accounts based system, smart contract management is deeply embedded in this blockchain with decentralized ownership, which comes at the expense of paying higher fees. Bep-20 is based on the same system as ERC20 with the replacement of the decentralization with 21 validators all connected to Binance and thus they can freeze or stop the blockchain in exchange for giving you a cheap fee.

I believe using of Bep-20 reduces the risk of scam from the network or in bridges, but you may lose your money if a hacker steals it.

There are many factors to compare between them such as speed, volume, popularity, fee, ... but I think it is better to distinguish which one is better, for users, developers, investors,... can easily select them depending on the purpose of use. I personally find that depending on the different stages, the navigation on each of these things will be different, like when users find it difficult to accept to pay fees on ERC20 transactions, they gradually look to other options more optimized ecosystem.

BEP20 and ERC20 are both token standards used on different blockchain networks. BEP20 is used on the Binance Smart Chain, while ERC20 is used on the Ethereum network. Both token standards are very similar. They allow for the creation of fungible tokens, which means that each token is identical and interchangeable with another token of the same type. This makes them ideal for creating digital assets such as cryptocurrencies, loyalty points and other types of digital assets. One major difference between the two is their underlying blockchain technology. The Binance Smart Chain is a newer blockchain network that was created by Binance, while Ethereum has been around since 2015 and is widely considered to be the first blockchain network to support smart contracts. The choice would depends on your specific needs and use.

Between BEP20 and ERC20, BEP20 is very popular to me.  BEP20 transactions can be done with very less gas free. But I used to use ERC20 earlier, ERC20 transactions are very gas free for which now I don't use ERC20 much. If I say BEP20 and ERC20.  Both are very popular if ERC20 can reduce their gas free then everyone will use more. Not many people use ERC20 for gas free.

If you have small amounts, then it does not matter which blockchain you use. Ethereum is a more global ecosystem, and the binance blockchain depends on the operation of the binance exchange, which has big problems in the US. I use DAI in the Ethereum Ecosystem because it's safe so far.

That is to say op while making investment he should also consider that aspect, bsc are too vulnerable for hacker, as a user you need to determine what you want and what you need as well. For start up project cost efficiency is what is being considered mostly maybe after the project has some base then it may calls for network bridging whereby users or holders would easily flex the both network without any interference and about 50 to 60 percent projects out their are on a reflex network operation ( interoperability between both networks, erc20, bsc and polygon).

ERC20 tokens project are most successful than Bep-20 despite of high fee. Possible reason maybe sustainability, security and also that Ethereum is first Blockchain having great network than bsc chain. After successful launch if bsc network, most of big project Erc20 projects issues to their tokens on bsc chain also.

I found many scam and failed project in bsc chain due to easily creation of contract. ERC20 chains tokens are less then bsc but very less failed. The only issue with Ethereum chain is high gas fee and sometimes we have to pay more than 10$ for one transaction especially when we swap through uniswap or other dex.

Choosing which one is the best between erc20 token and brc20 token depends on the level of research you have conducted and how convinced you're about them, there's no guarantee in cryptocurrency because everyone tries his best and risk the remaining, but for now the two are still invoke and people are going for them because they are still having higher opportunities for investment profitability, but still yet, one need to conduct more research.

both networks are good in my opinion, but back to the needs of which network supports and is cheaper at the moment looking for, usually traders with small capital prefer to use BSEP20 for shipping transactions, the cost is quite cheap compared to ERC20, but for investment I prefer ERC compared to BEP20

Talking about personal opinion, of course I think BEP-20 tokens are better, that's because of some things that I like there such as lower fees, and also transaction speed. These 2 things mean a lot to me as a small investor who doesn't want to lose a lot of money just for fees.

About why the ERC-20 with its slow and expensive network is still a favorite, Of course because ERC-20 is more decentralized than BEP-20, I'm not saying that ERC-20 is a decentralized network because since they switched from PoW to PoS, they don't have full decentralization anymore. But yeah, they're still more decentralized than BEP-20 which only has around 29 Validators.

Good stuff. Definitely some of all of the above mentioned stands as its all possible nowadays in the crypto environment.

BEP20 too overly populated with shit coins, nowadays rarely i see coin from this blockchain rising high, meanwhile ERC20 have the advantage of having maturing ecosystem and there are the pioneer of the smart contract.

I think like many have already said before, they both are just as good it's just that ethereum is the first default choice for any smart contract devs to deploy their platform smart contracts in.
maybe because they see having contract deployed etiher token or some dapps have easier time building and growing their capital in ethereum blockchain than bsc.
but the fact that meme coin that is in ethereum have usually higher market capitalisation than the other alternatives, kinda proves that fact to be true.

The history of the creation of the blockchain does not change anything in the use of the blockchain.we have some blockchain since 2011 and no one knows them and its value is low. which is considered a criterion for the decentralization of the network and the number of miners or validators within the network. Ethereum has a large number of validators and increases according to the decentralization of the network while in BSC the number is fixed, which is 21 validators chooses by Binance which make it central.

I agree with what you mentioned with each ecosystem, looking at them every ecosystem has its potential and limitations. And most of that is only seen more closely at the growth stage when every altcoin wants to compete for money, the limitations of one can be an opportunity for the other to grow and vice versa. With both the ERC20 and the BEP20, I find them to be among the top brands in the market so the choice here is a personal opinion on their usage behavior.

Based on the length of its establishment, ERC20 has a better maturity level than BSC20. Increasing network fees has its own advantages in some cases such as measuring the seriousness of an ethereum network based project in targeting potential investors where ERC20 is currently only used by middle and high end users who do not consider high costs as not a major consideration.
In contrast, the low txfees offering allows low quality tokens to be widely deployed. While ethereum used to have the same thing, post network fee spikes have shifted the mainstream of amateur developers towards L2 based networks.

Both ERC20 and BEP20 networks are in demand. However, in terms of use, it has been seen that people are using the BEP20 network a little more than the erc20 network. Because BEP20 network cost is comparatively less than erc20 network. So everyone prefers BEP20 in usage. Although the two networks are almost the same, the two have different characteristics. In some cases BEP20 tokens are not valued as much. Transactions on the erc20 network also have lower costs at times. After that I would choose the BEP20 network for use

Ethereum is still the most use blockchain compared to BSC. There’s more liquidity on Ethereum that’s why project is still building on It despite the slow and high fee blockchain. BSC is really fast and cheap but there’s a lot of other blockchain too with same or better feature.

Blockchain is now fighting for liquidity instead of the TPS since there’s a bunch of existing blockchain available now in the market. Ethereum is still holds most of the liquidity while other blockchain including BSC shares on the remaining of Ethereum. In terms of profitability, Ethereum is still the best because of the liquidity available that usually pump the project tokens.

I used to always use the erc-20 network, but at one fine moment, namely, when the gas price increased all allowable norms, I switched to bep-20 to this day, so my choice is bep-20. But if the gas price is in  erc-20 will be as low as bep-20, then of course I will use erc-20.

Both have good use and whatever decision you make depends on what crypto are you using either it's in bep20 or in erc20. Therr are crypto that are profitable in both network and I don't see any problem using either of it but if you are not sure what to choose or prefer to use then why not use both. If you ask me both have disadvantages and advantages so it will really depends on which one you prefer the most but in my case, I use both base on the advantages that I am looking for in both network.

Mostly both are preferred by investors but depends on which kinds of projects we are talking to because both have lots shit tokens that are circulating right that has no value and they were sent to your address randomly just to confuse you about scamming you your tokens that have some value. In this case I highly prefer ERC-20 because of their continues development but the only bad thing about it is the gas fees which is high when the network is congested.

ERC-20 tokens are better. They're programmable and flexible to work with on other chains using the same EVM. The higher fees are only because Ethereum is more crowded than Bitcoin itself. But upcoming network upgrades should solve this issue in the long run. I don't think BRC-20 tokens have a future, especially since Bitcoin is not designed for smart contracts. You can't just make a token with robust features on the BTC blockchain.

The hype on BRC-20 will be short-lived as people realize Bitcoin's true limitations relative to the Ethereum blockchain. With developers announcing their intentions to block Ordinals inscriptions, you can say goodbye to BRC-20 tokens for good. Just my opinion :)

Both is becoming slower thanks to its crowded and clogged network. But not at all times BEP20 is clogged and yes, it's cheaper than the ERC20.

We do get that a lot when it's already attached to our minds that if we're talking about ERC20, it's quite expensive and this is just for the fees and that's why we choose BEP20 or even BSC for these tokens.

Your choice, what you prefer is gonna save you some fees or even the fees aren't that down but you're happy to pay it.

I like both of them hence they are one of the invested project in the industry and both have renowned CEO in the industry. Though they have both pros and cons but they played a great part of the industry that has solid projects under their respective blockchain smart contracts.

If comparing both of networks, i think ERC-20 is very strong and mostly using network then BEP-20. But in the last few years erc-20 network fees is crazy and it’s not affordable specially for the small traders, so BEP-20 is my favorite considering low transaction fees. Now i preferred BEP-20 until ERC-20 will reduce their fees.

Here's my answer


I prefer BEP 20 and ERC 20 but not for PEPEWX.

Even though ERC 20 may charge you a lot of fees but it's far better rather than wasting all of our money to invest in the shitty scam coin that has been shilling by you like PEPEWX.

It sounds like that if PEPEWX was just a scam coin for the money grabber purpose. You will get nothing from shilling your thread. I meant people are very smart these days to identify legit and scam tokens.

What you have promoted was a shady token that used for scamming purpose only.  8)

Considering the present circumstances, I would advise exercising caution when dealing with BEP20 tokens due to the issues surrounding Binance. While the tokens themselves may be safe, people have become apprehensive about them. In terms of security, ERC20 tokens are generally considered more reliable than BEP20 tokens. However, it's important to note that there is a significant disparity in transaction fees between the two. Ultimately, the choice of which chain to use depends entirely on the project's specific requirements and preferences.

At the end of the day Amazons token on their chain will be what I look most forward to
DId you read?
https://cointelegraphfeed.com/?amz-token-creation

You talked about the high gas fee of ERC20 projects as an advantage as it discourages scammers from utilizing its smart contract as if there weren't several scam projects on its smart contract long before BEP20 came on board.

About reliability, I really don't know why people believe that ERC20 comes top. Even you also opined that in your, "But ERC20 network is more reliable than BSC network". I'm not a tech kind of person, so I will take my assessment of them from the angle of their transfer commissions. For me, BEP20 is super cheap and very fast to confirm transactions when compared to ERC20 tokens.

Come to think about those recent trends and hypes.

We did have that CEO when that twitter CEO popped out.. Then tons of CEO projects comes out
We did have that Cartoon meme coins trend on BSC which flooded out the market after that PEPE hype.
We did have that PEPE and now its not shocking that everything new projects would be having those name PEPE attached to it.

Its not really that new anymore and its true that neither BEP20 or ERC20 is good because its mainly been supported by its mother coin but the project below it are the ones
who are really that wrecking out that chain but well we arent that dumb nor blind on which one we would really be choosing on dealing or investing with.
Somewhat its a true story that erc20 does have that horrendous fees.  :D

It is better, of course, to use BEP-20 in terms of a minimal fee per transaction. However, for Layer 2 or Web 3.0 for erc-20, the transaction speed will be greater and fee less. Therefore, in the future, it is more expedient to use the latter option for a token.

I honestly hardly see BSC kind of clogged, the fee itself rarely increase in there, i guess it have to do with the fact that BSC is actually modifier version of the usual smart contract where it's focused in scaling alone, in which definitely gonna boost the capability of the blockchain itself in containing massive transactions, though nowadays rarely i see good project being deployed there.
meanwhile ethereum is like the pioneer of smart contract blockchain, their blockchain was initially didn't created for this massive scalability, the traffic in ethereum is just so many that there are layer 2 being created as a solution for ethereum which even right now also fails as well mainly because they still one or in another way depends on ethereum fee since they also need to submit their batches of transactions in ethereum blockchain.

both are equally good, but i always prefer BEP20 if chance arise, but alas the binance smart chain infested with shitcoins is a massive turn off for me. there are just too much shit coin there that i think their blockchain
is like waste of time.

Even though I can appreciate a network because its low fees and speed of transactions I think I would still choose the Ethereum network over the Binance one. Because the Binance network success is kind of attached to the exchange and a brand which could be eventually be attacked further by regulators in the United States.

I am in for decentralization and Ethereum seems to be more decentralized that the Binance network. After all, having a network named after a centralized services does not give me much trust on the long term reliability of it, to be honest with you.

ERC20 tokens earn more money than BEP20 tokens, but ERC20 transaction fees are much higher than BEP20. ERC20 projects are suitable for people with big capital but if you have small capital it is better to choose BEP20. in other words depending on the capital you have. 

That's one factor and it really depends on the project on what they're with and what they're focusing on.

They've solved the scalable and fee issue that has been visible with ERC20 and that's why they're able to do that. The choice would matter and differ from the perspective of the person that's talking with these options.

The perspective on an investor, I mean a daily investor who always do transactions and transfers to profit from these tokens is different from the dev's point of view.

Both are actually good but they have their features that might best suit someone else.

BEP20 projects mostly have low fees glued to them. ERC20 tokens will have a big problem with how expensive their transaction fees will be. I think the minimum is $2 for each transaction today to have an efficient and faster one.
BEP20 on the other hand has cents only in transaction fees but there are too many projects created under it and sometimes the traffic is too heavy that you will get mad about when your funds will come especially if the transaction is inside the project itself.
Tried it before playing DeFi games under BEP20, with so many deposits and withdrawals happening it became chaos and a user won't even know if his funds will go thru or not.
I might also prefer those projects that created their own chain instead. It's faster but reputation will be the bigger issue here unlike the trusted two that were mentioned.

I come here to spend a few minutes to read and answer what you have been asking above but since i were seeing you were intentionally promoting your token and you are not looking for answers from us.
What you wanna see if some people who noticed if you have mentioning your token to participate and give their money to you.
BEP and ERC all time but not for your pepexwx ico.

There is no difference between the both, one is the fork of the other with just colors and coin name change , one has more people on the network and one is still growing, So if you are comparing both in terms of tech, then i will no much difference and i will prefer to go with ERC20 because it have stand the test of time.

there are actually some fundamental difference between both, there's reason binance smart chain known to be more scalable if compared with
ethereum, but regardless it's not really that much significant difference that everyone would notice.

i think the only thing gatekeeping us from investing in ERC20 tokens are just its fee.
its fee only good for those with big capital as you have mentioned earlier.
but doesn't mean with small capital we can't invest, we can but certainly also with disadvantage of the asset eaten by fees.

Both are good network and Ethrium network based ETH ERC-20 network and Binance Based Bep-20 network both network very strong and if anyone want to compare network transaction fees than Bep-20 is great choice because Erc-20 network transaction fees so high level.

Of course I chose BSC 20 because the Binance Smart Chain network is very stable and already has a lot of ecosystems and even arguably the best blockchain network,
and for BRC-20 I have never used it and reportedly BRC-20 is a network that doesn't even have a smart contract fees are expensive, is that true?.
because of the many tokens from BSC20 and BRC20 I really can't recommend those tokens.

Few month /years ago Erc-20 was huge popular. Erc-20 token is Ethereum based token It's transaction was very first.But gradually Bep-20  doing well.Ethereum Bep-20 Network is very first and it’s fee is very low. On the other hasd erc-20 gass fee is very high.So people are moving from erc-20 network. So we can tell now the time for Bep-20  token.

It just depends on what I need. I have both smart contract tokens, although ERC20 gas fees sometimes is ridiculously high for a quite long time but still it remains favorite for most users. Most of the tokens I got from bounty and from what I have seen so far, most of the shit tokens came from BEP20 because of how easy it is to fall to scams and you can pretty much bombarded with shit tokens into your wallet.

Both have pros and cons.

and it is for you to weight the pros and cons of each project, may it be in eth or bsc network. each network has their own flaws as well. now, it boils down to the fact that the survival of the project doesn't depend on the network where it was launched, but how its dev team is making sure they are still on track with their developments. or better yet, the dev team has long-term vision for the project and not created as cash-grab project. which unfortunately, most projects are created for developers' pockets.

For me definitely BEP-20, but I don't know with people some people still have trust issues with Binance. My preference is mainly from the gas fee, ERC-20 token fee not so friendly.

BEP20 and ERC20 both of them is good and still have development for all crypto user, but they have capacity for each system BEP20 low gas fee compared with ERC20 High gas fee but have potential project than BEP20, ERC20 will be updated to ETH 2.0 with low gas fee which is if that happen BEP20 will be lose because the project under ERC20 have good perform than BEP20

I still don't really believe the ETH 2.0 will solve the problem of gas fee.
we all here are eager to see ethereum getting its gasses lowered but many attempts to mitigate such problems always ended up failure, even the emergence of second layer does absolutely nothing.

The main purpose of the token template is to specify the parameters, called functions in the blockchain world, that are used by smart contracts, portfolios and markets when interacting with the token. Both ERC20 and BEP20 include six roles that can be specified for a token. Only now BEP20 has 4 additional. functions in this sense can be described as more detailed. But the ERC20 network is more reliable, so I trust it.

It all started with ERC20. This was the first type of token who are in demand but by the time the ETH fee rises, coin devs have came up with a solution and they started to create tokens from other networks. There is also TRC20. I'm not only sure if it came first before BEP20 but right now I think most of the coins are still on BEP20 but coins under TRC20 are also cheap.

The most popular product of it would be the Tether. I always use it more than the ETH version. There is also BUSD from Binance but Tether from TRC20 is much popular. It is accepted on most crypto sites that I visit and also on crypto wallets that I am using. Overall, It's not about the network but it's about how the token is created. There are lots of failed ERC20 tokens before in case you don't know. It happened in the ICO era.

I'm sure there are more Binance Smart Chain users here than the Ethereum Network,
because the BSC network is really fast and cheap, so Dapps are also being built more and more on BSC,
even though Binance is having problems with SEC I'm sure the BSC network won't be affected.

Definitely ERC-20 tokens. Although in both cases the commission will be high due to scalability issues of these blockchains, but ERC-20 has the advantage of a much wider distribution and developed infrastructure for these tokens. BRC-20 tokens will be a gimmick for a long time to come and it will take some time until the crypto industry creates an infrastructure around them, if of course this token format survives at all in the future.

gas fee so low thats so true with binance smart chain but most of the project in that chain also low quality.
usually it's only good for transferring stablecoin and thats it nothing more.
i'd assume ethereum despite having high fee would be more beneficial for investment.

to be honest both are very good, because there are lots of profitable token on ERC20 and BEP20 to invest, but right now I only buy token on BEP20, because in my opinion the gas fees from ERC20 are very expensive compared to BEP20, so that's what makes me not too interested to buying token on ERC20, therefore I hope ERC20 can fix the gas fees to be cheaper, so that I can also buy token on ERC20.

Right now BEP is my favourite one.
The reason why i choose BSC because i mostly using Binance as my trading platform.
So, i choose BSC when i want to transfer my token/coin into the another wallet.
If we are talking about the fee, BSC is still far more cheapest than ERC20.

Personally i prefer erc-20 tokens which are much more than bep-20 and have been around for much longer, perhaps it's just a matter of habit, the only advantage of hep-20 is the low transfer fees

After the price of Ethereum went above $1000 that's where the disaster for users came,
yes Team Dev from Ethereum didn't make gas fees much cheaper instead it became expensive, even though Ethereum 2.0 has also been launched,
of course tokens from BSC and Dapps from the BSC Ecosystem are now flying, for example memecoin which is mostly made on BSC network.

I think both networks are very good, but BEP-20 is mostly used Due to low fee. For long term investment I always use Erc-20 whenever I send a token to my wallet, because ERC-20 has high fees but is the best network in terms of security. I often use the BEP-20 network where I have to sell my assets quickly. I think people have more trust in the ERC-20 network, because Ethereum token is the second top currency of crypto market and ERC-20 is its network.

Those who are big traders or investors always use ERC-20 network, although it is expensive compared to BEP-20.The reason I see is that people think their assets are more secure on the ERC-20 network. I trust ERC-20 more than the BEP-20 network itself, because I feel less risk of losing my assets here.

It will depends on our investment demanding because there are some project follow erc20 network. But if you want ask me for low transactions fees network then you should taken bsc network. However at this real time where people choice bsc network for reduce gas fees and upcoming many project follow them.

Binance chain no doubt has a cheaper fee than the Ethereum chain (ERC20).

If you are for the variety of projects, both seem to be equal for now or it is ERC20 that has more than the BSC. Either will do if you're just there to trade and gain some short-term profits. Sounds easy but it's actually not.

That's normal whenever a price pump comes, expect that even those unpopular chains will also get an increase in fee if they don't scale up and when their demand increases.

I honestly think it's more of a problem with the fact that ethereum price just simply gets too high, current gwei required for ethereum was normal back in the days, it's just around
10 gwei or so, and it's become abnormal after it went that high and even if scalability increased, it's still the same problem until today.
even the release of second layer solution didn't do much either, I guess we still have long way to go until this problems gets resolved honestly.
at the meantime, just use the second layer and we're set, though doesn't mean every token is available in these 2nd layer.

both have good systems to date. there are still quite a lot of new altcoins developing their projects using these two chains. It's just that, ERC20 still has drawbacks, namely the fee is quite large compared to BEP20. however, I think this can still be overcome by waiting for the gas fee to come down.
the ERC20 and BEP20 systems are currently still at the top, it's just that if we discuss tokens that use one system or both, then the advantages and disadvantages of these tokens can be seen in the benefits of tokens being developed, and it will have different results depending on the team that developed the token.

Both BEP- 20 and ERC- 20 are great networks and this explains why they are very popular for developers.
However, they both have their merits and demerits. For instance, in terms of transaction fee and speed, one would prefer BEP- 20 over the ERC-20.

We can not say which one is better than the other one. Because everyone has their own unique features.  But If you want to compare the above two, you can use the below points.

1. Gas fee
2. Transaction speed
3. Decentralization of the network
4. User Adoption
5. Amount of liquidity

Technically speaking, there is no difference between Binance's BEP-20 and Ethereum's ERC-20 token standards. It's just that BRC-20 token transfers are cheaper and faster because BSC (Binance Smart Chain) has greater transaction capacity than Ethereum (ETH). But that doesn't mean it will stay like that forever. If BSC becomes heavily-congested, then fees will be the same (or even higher) than ETH. I think most people will choose ERC-20 tokens because of their first-mover advantage on the market. These tokens can be used nearly anywhere, unlike Binance's counterpart.

I've previously mentioned something about BRC-20 tokens being inferior than ERC-20 tokens, and turns out, I was right. You can't just make a complex token with the BRC-20 standard than either the ERC-20 or BEP-20 token standards. Besides, ERC-20 is a little outdated. The new ERC-1155 multi-token standard is a much better choice. We may start seeing an equivalent version on BSC soon. Who knows if these two giants (BSC and ETH) will completely change the "De-Fi" landscape in the future? Just my thoughts ;D

It's true that the future of the "De-Fi" landscape is uncertain, and while you might believe that there will be significant changes, it's important to recognize that it remains to be seen what the strengths and weaknesses of each are. network will ultimately affect their position. The dynamic nature of the cryptocurrency ecosystem leaves room for unexpected developments and shifts in market dominance.

I guess that we have to bear with it if it's about Ethereum's ecosystem and scalability. The problem will also exist in other chains but good that some of them manage to get rid of the high fees despite having the increased demand. Why can't the other projects do the same and just follow that track wherein the users are the ones that are benefiting from it? It all leads to business matters, despite that the demand of a project is high and some issues are still unsolvable if some solutions are offered by other projects, that can't happen to collab but it's good that we're seeing altcoins having supported in other chains so that's one good collaboration that we're seeing as a solution for high fees.

it's basically the same thing even the dapps that existed in both blockchain are usually have similar interface but I guess
if someone is looking for cheaper alternative then most certainly bnb will be much of use, after all it's significantly cheaper and faster.

Ethereum (with ERC20 standard) is known for it's innovation for smart contracts, security and the Decentralized Finance (DeFi). The onset of DeFi led to the explosion of Ethereum (as many contracts were being deployed on Ethereum platform). However, many contracts on the Ethereum platform consequently resulted in traffic congestion on the Ethereum network, resulting in high gas fees. Binance, on the other hand, later came up with its own smart contract alternative, known as Binance Smart Chain (BSC) with BEP20 standard. People rapidly embraced BSC network due to its low gas fees and fast transactions when compared to Ethereum. While Ethereum is known for its robust smart contract, security and popularity in DeFi, BSC is know for its low gas fees and faster transactions. So, IMO, the two tokens play unique roles and depends on what you are looking for. However, Ethereum network gas fees is lower when compared to previous times due to its transition from Proof-of-work to Proof-of-stake.   

Asking which is better between BEP20 and ERC20 is just like you asking which is better or preferred between Bitcoin and Ethereum when we know Bitcoin is the reason why we have cryptocurrency through it is every other cryptocurrency is introduced into the market.
Ethereum introduced the dApps while others emulate the ETH concept to create their own dApps.

Between Bep20 & Erc20, i'll always give first priority to Erc20 as it is more updated and safer than bep20. Only one issue that erc20 has, is high gas fee problem. But high has fee means more people are using erc20, that causes eth network busy and asking high fee for transactions. Well now most of altcoins has Bep20 & Erc20 both version. If so, then i will opt out bep20 for low fee. If not, then i have to choice erc20. That's it

Agreed, the fees becoms the main consideration in picking the token here. The ethereum fees sometime is not even making sense. I will also prefer to pick bep 20 rather than erc 20,
The fees was creting very big different between both of tokens. People these days prefer to take low fees token rather than gradully paid non sense fees in ethereum network. bep is a winner here.

I will always choose bro 20 token because of its very cheap transaction fees. Although, ERC 20 enjoys better and stronger security. And high transaction fees makes it difficult or not too easy for scam projects team to choose ERC-20 fo use it for their projects.

My overall opinion is that for low transaction fees bep20 network and high gas fees for erc20 network. You may have idea before time like 2017 year where king was eth network. They have before low transactions fees with very fast transfer system. After that when the eth price going to up then the price of gas erc20 very high.

I agree with you because ERC-20 tokens have a little high transaction fees but still considered the best network but BSC-20 network fees are very low so maximum scam tokens are launched on the BSC-20 network. So before investing in any token of BSC-20 network everyone should recharge well about that project but according to me if you are interested in giving your com free then definitely BSC Network is Best Choice.

 

blockchain always faces such scalability issues, the other hasn't yet face that problem because they aren't nearly as big as ethereum.
I just think that ethereum is still good, it just sometimes fee is simply ridiculous and it seems that problem not gonna gets solved right now.

The choice between BEP20 and ERC20 tokens depends on several factors. ERC20 tokens are based on the Ethereum blockchain, which has a well-established ecosystem and a wide range of supporting tools and wallets. BEP20 tokens, on the other hand, are associated with the Binance Smart Chain (BSC), which offers lower transaction fees and faster confirmation times.

If you prioritize compatibility with existing Ethereum infrastructure, ERC20 tokens may be the preferred choice. However, if you value lower fees and faster transactions, BEP20 tokens on the Binance Smart Chain could be more suitable. Ultimately, the decision should align with your project's requirements and the specific needs of your target audience.

The comparison is absurd. There are no really major and significant differences between BEP-20 and ERC-20. In fact, the preferences should be based on the actual blockchain, instead of the standardization that governs the token. You should have known that the BEP-20 is based on ERC-20, so generally there is no upper hand between the both of them.

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No, it is not. The standardization pretty much applies across many chains. Also, nope, it is not safer than the other.

Purely ignorant. The consensus changes information is widely informed, anyone who regularly follows cryptocurrency news knows it has already been changed. How could you compare both of the standards while ignoring the basic fact of the underlying system? That is ridiculous.

I am a little investor so i want a good project and i Won't follow us for gas fees. I think for low gas fees prepare bep20 network but for a bigger invest they Won't follow us. Erc20 network fees lot of now because there price up lot of so though you can avoid erc20 network right now.

ERC20 remains popular because ERC20 was the first smart contract before BEP20, so naturally ERC20 is more popular than BEP20 and I think both are very good, then in my opinion it's not ERC20 or BEP20 that determines if the token is good or not, but the projects you want to invest, because if the project is really good, then it will definitely bring you profit, but my advice is if the project is on the ERC20 and BEP20 network, then you better buy it on BEP20, because the gas fees from BEP20 are much cheaper than ERC20.

It depends on your purpose how/why you want to use those. Cause both of Erc20 and bep20 both are high by quality. But erc network is most Secure, so most of people keep using it. And due to high traffic on erc network, it takes time to done transactions and charge more fees. Besides bsc Network also in demand but not as much as erc. That's why bsc Network fee is less. But both are good for use

ERC of Ethereum was better back then before the gas fees is just little but sadly gas fees on ETH are outrageous that's why I preferred now the BEP20 tokens because of the gas fees that are cheap. There are good projects as well on BSC and some projects switching to it because of the convenience and fast speed network offered by BSC network.

Very expensive if you want low fees for transactions then you should choice bsc network must be now. However erc20 users was huge when It's was gas price low but right now you can see every new project choice on bsc network. Both are good network in the crypto but right now only bsc properly best for transactions system.

Firstly, i always focus on good and potential token. If it is available on erc20 network only, then I'll obviously go for it. No matter what is the gas fee is. I always give priority to potential token. But if i have option, then i use the network of that token, where it need low fee to transaction. And secondly, eth is most popular and old blockchain within any dount and problems. Thats why People use it even by giving more fee. Cause they know, using eth will always give them benefits

Both Blockchains are special in their own way but I prefer BNB because of cheap gas fees paid for transactions on the wallet

IMO, ERC20 has more quality coins, community and users than BEP20. However, due to its very high fee, BEP20 has other advantages that make it almost the same or the same as the current ERC20. If the ERC20 fees were lower, I'm pretty sure people would choose to go with ERC20 and BEP20 wouldn't have the chance it has now to be in the same position, it's just, that's not the reality.
In addition, to determine whether it is good or not, we need to refer to the tokens that we use or invest. currently quite a lot of tokens use these 2 chains as their basis.

I find your opinion heavily reliant on the community support and token usage, which might be myopic. Its like judging an artist solely by their followers, rather than their talent. The high transaction fees on ERC20, although discouraging, are a direct consequence of Ethereum's popularity and network congestion, which ironically underlines its success.

BEP20, while indeed enjoying a surge in adoption due to lower fees, still has a long way to go in proving itself as resilient and secure as ERC20. If cost were the sole determinant, then why isn't every user flocking to Binance Smart Chain? It's because they understand the trade-off between cost and security.

Furthermore, determining the quality of a blockchain protocol by the tokens issued on it is like judging a parent by their child's actions. Each token should be evaluated on its individual merit. The protocol is simply the canvas; the art is in the tokenomics and utility.

My Opinion, There is no definitive answer which is universally better, as both standards have their strengths and weaknesses. If you prioritize lower fees and faster transactions, the BEP20 standard on Binance Smart Chain may be more suitable for you. On the other hand, if you value a well-established ecosystem, higher adoption, and liquidity, the ERC20 standard on the Ethereum blockchain may be a better choice.

BEP20 is my choice, because BEP20 has a gas fees are much cheaper than ERC20 and the transaction speed is also very fast, beside that now many token can be purchased on ERC20 or BEP20 (cross chain) and of course I prefer to buy token on BEP20, because BEP20 is a decent network for now (has a low fees and fast transactions).

Both BEP20 and ERC20 are widely used token standards on different blockchain networks. The choice between the two depends on various factors and your specific requirements. Here are some considerations:

Network: BEP20 tokens are built on the Binance Smart Chain (BSC), while ERC20 tokens are built on the Ethereum network. If you have a preference for one network over the other, that can influence your decision.

Ecosystem and Adoption: Ethereum has a more established ecosystem, larger developer community, and wider adoption, which can provide more opportunities for integration and usage. However, Binance Smart Chain has been gaining popularity due to lower transaction fees and faster confirmations.

Interoperability: ERC20 tokens are generally more widely supported by wallets, exchanges, and decentralized applications (dApps) due to the maturity and popularity of the Ethereum network. BEP20 tokens are primarily used within the Binance Smart Chain ecosystem, although efforts are being made to increase interoperability.

Transaction Fees: Binance Smart Chain generally offers lower transaction fees compared to the Ethereum network. If cost efficiency is a priority for your project, BEP20 tokens might be more suitable.

Security: Both networks have their security mechanisms and track records. Ethereum has been around longer and has undergone more scrutiny, but Binance Smart Chain also implements security measures.

Ultimately, the choice between BEP20 and ERC20 depends on your specific project needs, network preferences, ecosystem support, transaction cost considerations, and the target audience or community you wish to engage with. It's advisable to thoroughly evaluate these factors and consult with experts or developers familiar with both standards to make an informed decision.

Both standards are the same. What's different is the blockchain network they're deployed into. BEP20 tokens enjoy lower gas fees and faster confirmation times because they're built on a scalable blockchain network. With ERC20 tokens, that's not the case. However, ERC20 tokens are widely accepted across a number of merchants, services, and smart contracts.

I'd prefer ERC20 tokens because they're built on a decentralized blockchain network. They have a greater chance of survival than BEP20 tokens. Binance is too tied to BSC, so investing into BEP20 tokens would be only a gamble. It's a risk that's not worth taking, especially when the BSC blockchain is extremely centralized. Ultimately, the market will decide which kinds of tokens stay afloat and which will become history. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts ;D

ERC20 win on community also developer much familiar already with ERC20.
but i prefer BEP20  ;D cause a fee much smaller.

Regarding my trading experienced, ERC20 most recommended than BEP20, many BEP20 coins listed only dapp exchange like APESWAP or PANCAKESWAP but many ERC20 network coins success listed on CEX Exchange. But not always ERC20 coins are profitable and some time BEP20 coin can exist for long time depend how progress from the owner make their coins listing on the top exchange. Both network exactly are profitable for investing but be careful with shit coin.

But have the weakness with ERC20 network because sending to other wallet require long confirmation and higher fees transaction than coins with BEP20 network.

Personally i prefer the erc 20 tokens they are many more and offer many more possibilities of use such as stake, liquidity and many different earning possibilities, the bnb 20 tokens are still few but we will see their development in the future

Because all the whales are on eth and no one wants to see anything build on BSC. People see that ETH is going to be the future so they put their projects where the users are going to be. We are just waiting it for to scale so we can benefit more of that. And after that, there's no use for BSC and even rug pulls move back to eth.

Basically only tokens in BSC worth using are usdt and busd. Placeholder or wrapped tokens that are bridged to BNB (And perhaps the native coin BNB if you are into that sort of thing)

thats true honestly, only bridged tokens that are available in multichain are worth to have in Binance Smart Chain, the other? not so much, considering the fact that this chain have already been heavily populated with
some shit coin and this trend goes on until today, I think BSC only peaked when metaverse and some blockchain games still exists, where they need cheaper fee than ethereum and also faster.
but nowadays it seems just there's nothing worth notably mentioning coming from BSC which only means that maybe there are less and less people deploying smart contract in their blockchain.
if ethereum could eventually solve its scalability problems then I guess BSC will be even more forgotten.

I personally don't like ERC20 token because ERC20 has high gas fee so I prefer BEP20 because we all know that BEP20 gas fee is much lower than ERC20.  BEP20 is very convenient to transact due to low gas fee and that's why I prefer BEP20 network transact.

Personally i avoid erc20 now because they have larger gas fees. Besides many good projects new or old who are now following bep20 network due to which many investors are now adopting bep20 network. Moreover, they may follow a new system to reduce the gass fees of erc20 network.

Seriously? Are we still having this discussion as to which is better between BEP20 and ERC20?
Well, both are good in their own way. For the fact that projects are still willing to adapt either one of the two goes to show that they have something unique about them.
It depends on what you want, whether low transaction fee or security.

I don't want to differentiate both of blockchain, because both of popular if i have to prefer one then i will pick Ethereum network token, it's high security blockchain, but i think people avoid it for high cost, in terms of low fees BEP20 is the best.

The gas fee for Ethereum is only cost 2.8$ or 69 gwei which already cheap considering how expensive it was when the Ethereum network still use PoW as their protocol. Many new big project still building on Ethereum and just do a crosschaim version on BSC since Ethereum blockchain is still the number source of liquidity for dapps project.

BSC is only good because it has cheaper fee but it's centralized feature makes this blockchain very dangerous when they are under attack. Ethereum network is still the best especially that there's a lot of side chain building to resolve scalability issue.

Bottomline is, whatever network a project will choose, the success depends on the project itself.
If it has no use case, the lifespan will be short no matter what network it has been deployed at.
But if the foundation is rock solid and will find a massive use case in the market, it will grow regardless of the network.
BSC may be cheaper but ETH is still the popular one. Either way, as long as your project is useful, people will use your token if it is profitable and useful for them.

if only the project inside the BSC blockchain just as good as ethereum blockchain that'd be great but alas there's just nothing much in BSC, the fact that it has low gas fee only convenient for something like stablecoin since there are no other real significant project in the blockchain.

I think everyone will try to do something that is clearly profitable, not the other way around which is actually detrimental, including in token transactions which are like you said. ERC20 has not been able to make a breakthrough to be able to reduce costs.
even though everyone will always try to be able to avoid high costs.
so it's no wonder that everyone is trying to avoid any transactions using ERC20, in fact it's true that nowadays many new projects always make transactions using BEP20.
but when it comes to tokens, it's not really that different, in fact, if we compare it, maybe the BEP20 token is more likely to lead to SCAM.
In principle, everything can be ascertained that there are advantages and disadvantages, all that remains is to determine what is needed according to the circumstances when making a transaction.

Using ERC-20 can still be profitable as long as you are dealing with larger amounts of tokens to trade. That way, you will earn more than on what you will pay for the fee and I don't think the fees nowadays is the same to last time where it is very expensive.

ERC-20 have its own breakthrough before but even up to now, there are solid projects which are only available on this network. They choose it compared to other cheaper chains because it was the original and it's more secure. There are also lots of scam projects before on ERC-20 but right now, scammers choose BEP-20 as they know that many retail investors are choosing this chain due to its cheap fees.