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.