The original token standard, ERC20 tokens are all compatible with any project using the Ethereum network and are also compatible with any Ethereum-based wallet.
This means that you can
send any ERC20 token to an Ethereum wallet and it won’t be lost, if you can’t see it in there you probably just need to add the token contract address to the wallet so that it can recognize the asset.
ERC20 rules include how tokens can be transferred, how transactions are approved, how users can access data on a token, and the total supply of tokens.
All ERC20 token transactions require a gas fee paid in Ethereum (ETH). ERC20 is the most popular token format in cryptocurrency, and some examples of ERC20 assets are Uniswap (UNI), Chainlink (LINK), and Basic Attention Token (BAT).
Binance Smart Chain (BEP20)
Binance Smart Chain has a BEP20 token standard that works similarly to Ethereum’s ERC20 standard.
BEP20 is a developer-friendly token standard that allows anyone to distribute digital currencies or fungible tokens on Binance Smart Chain in the same way that is possible on Ethereum. In addition, digital assets on other chains can be transferred to Binance Smart Chain in the form of pegged BEP20 tokens. For example, you can use Binance Bridge to exchange Bitcoin (BTC) for BTCB (BEP20) tokens supported by BTC. BTCB (BEP20) tokens can then be used on decentralized financial products to obtain a return. The same goes for ETH, ADA, USDT and many more.
All BEP20 token transactions require a gas fee paid in Binance Coin (BNB). Some examples of BEP20 assets are PancakeSwap, BakerySwap and Venus. ERC20 tokens can also be easily transferred to Binance Smart Chain.
Tezos (FA1.2 and FA2)
The Tezos blockchain uses an FA1.2 token standard that again works as an ERC20 token on Ethereum, but then promoted the standard with the release of FA2.
FA1.2 provides the same operability for Tezos tokens on their network as ERC20s do on Ethereum, but FA2 is independent of token type and supports both single and multi-token contracts via a single standard. All entry points work with batch operations, allowing multiple transfers of different tokens and/or token types to be performed in a single atomic transaction. This standard requires developers to manage common considerations, such as defining the contract token type (e.g., non-fungible vs. fungible vs. semi-fungible), administration and whitelisting, contract upgradeability, and provisioning operations (e.g., mint/burn). FA2 supports multiple standards, such as ERC-20, ERC-721, ERC-1155, which means you can bring Ethereum-based assets to Tezos just like with Binance Smart Chain.
All FA1.2 or FA2 token transactions require Tezos (XTZ) for gas fees. Projects are under construction on Tezos, but there are no first 100 resources yet, apart from Tezos himself.
