What is the Binance Smart Chain token address format?

3 answers

• Dhruv AnghanApr 02, 2023 · 2 years ago
  The format of token addresses on the Binance Smart Chain follows the BEP-20 standard. BEP-20 is a token standard on the Binance Smart Chain that is compatible with the ERC-20 standard on the Ethereum network. This means that token addresses on the Binance Smart Chain start with '0x' followed by 40 hexadecimal characters, just like Ethereum addresses. For example, a token address on the Binance Smart Chain could look like '0x1234567890abcdef1234567890abcdef12345678'. It's important to double-check the token address before making any transactions to ensure accuracy.
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• Anmol baloniMay 15, 2024 · a year ago
  Token addresses on the Binance Smart Chain have a specific format to ensure compatibility and security. They start with '0x' followed by 40 hexadecimal characters. This format is similar to Ethereum addresses because the Binance Smart Chain is designed to be compatible with Ethereum's ecosystem. It's crucial to verify the token address before sending any funds to avoid any potential loss.
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• Jonathan RinconSep 17, 2020 · 5 years ago
  The Binance Smart Chain token address format is similar to Ethereum's format. It starts with '0x' followed by 40 hexadecimal characters. This format ensures compatibility between the two networks, allowing users to easily transfer tokens between the Binance Smart Chain and Ethereum. Always remember to double-check the token address before initiating any transactions to prevent any mistakes or losses.
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