Our monthly report delves into insights from options volatility to inspire your next crypto move.

: April 2025 saw BTC's implied volatility surge above 75% due to tariff chaos, but it collapsed to 35% within a week, indicating a surprising short-term drop in volatility expectations despite ongoing macro uncertainty.

: BTC's return above $100K was met with muted enthusiasm in the derivatives market, suggesting that 

traders no longer view this level as a significant psychological barrier, and the rally isn’t likely to be sustained.

: ETH significantly outperformed BTC with a 23% rally, leading to increased demand for short-dated calls and a positive shift in the options market, highlighting renewed bullish sentiment.

: Historical trends suggest a potential summer lull in volatility in store for BTC, raising questions about whether this pattern will repeat in 2025 amidst ongoing macroeconomic challenges.

Bitcoin’s volatility plunges in late April

April 2025 witnessed significant volatility in the cryptocurrency market, particularly influenced by US trade policies. As President Trump announced steep reciprocal tariffs, the crypto landscape experienced sharp fluctuations. Bitcoin (BTC) initially demonstrated resilience, despite widespread sell-offs in equities and the US dollar, only to succumb to a decline from $88K to $75K by early April. This period was characterized by a dramatic rise in implied volatility that peaked above 75% as traders sought protection through short-dated puts. However, as the tariffs faced moderation, implied volatility plummeted to 35% by mid-April, marking the lowest level since early March.

Interestingly, while short-tenor volatility collapsed, 

the back end of BTC's term structure remained elevated, signaling that market participants expect heightened volatility in the mid-term

. Amidst this backdrop, realized volatility fell below the five-year seasonal average, paralleling similar trends in previous years and suggesting a 

. The historical pattern contrasts that BTC often experiences a rebound in volatility heading into May, raising questions about whether this trend will persist.

Subdued derivative response suggests Bitcoin rally might not endure

The market's reaction to BTC's resurgence above the $100K threshold was notably subdued compared to previous instances. While BTC rallied 20% following the initial tariff sell-off, the derivatives market displayed a muted response. The 25-delta put/call skew, a measure of market sentiment, indicated only a slight bias toward out-of-the-money calls, contrasting sharply with sentiment previously when BTC first breached the $100K mark in December 2024. This lack of exuberance suggests that traders no longer view $100K as a significant inflection point, raising concerns about the sustainability of the rally. 

Meanwhile, funding rates and implied volatility — though still bullish — didn’t reach the extremes observed in earlier months, indicating more cautious market sentiment. The relationship between BTC's spot price and implied volatility suggests that although traders are optimistic, they’re waiting for BTC to approach previous all-time highs before adjusting their volatility expectations.

Ethereum's option data points to further rally

In stark contrast to BTC, Ethereum (ETH) displayed remarkable resilience and outperformed major cryptocurrencies, gaining 23% overnight following favorable trade news. This rally catalyzed a surge in demand for short-dated calls, pushing front-end volatility expectations significantly higher. The response from the derivatives market was robust, inverting the term structure and indicating renewed bullish sentiment toward ETH, even as it’s trading well below its all-time high.

The ETH options market exhibited a shift from neutral to slightly negative skew, to a 10% bias favoring out-of-the-money calls, reflecting the market's confidence in ETH's potential to regain lost ground. Despite overall macroeconomic uncertainty, the demand for ETH options suggests that traders are optimistic about Ether’s future price movements.

In conclusion, April 2025 highlighted the complex interplay between macroeconomic factors and cryptocurrency market dynamics. While BTC faced challenges in eliciting strong responses from derivatives markets upon recrossing the $100K threshold, ETH's performance indicated a divergence in market sentiment. As traders navigate the evolving landscape, the potential for seasonal volatility patterns and the influence of macroeconomic developments will remain critical factors in shaping future market expectations.

Advanced

Bybit Volatility Report banner.png

Bybit X Block Scholes options volatility report (April 2025): Data suggests Bitcoin rally might not endure, but Ether sees further upside

Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

After mostly trading sideways at the end of April 2025, a US-UK trade deal sparked a crypto rally. BTC surged past $100K for the first time since February, but it’s ETH's performance that captured the derivatives market's attention. 

A 23% increase in ETH's spot price led to an inverted term structure and a spike in front-end volatility. The put/call skew for ETH shifted from a bearish bias to a nearly 10% skew toward OTM calls. Other sentiment indicators, such as perp funding rates and futures yield, also supported the rally. In contrast, while BTC's funding rates and skew have increased, its implied volatility remains low at 40%, over 30 points below ETH's 7-day implied volatility.

Please check out the report’s highlights.

ETH’s record performance since 2021 was propelled by positive term structure

ETH has significantly outperformed BTC and the top 10 cryptocurrencies, marking its largest single-day gain since May 2021. The options market has reflected this enthusiasm, with implied volatility for short tenors rising sharply and inverting ETH’s term structure, thus contrasting with BTC's muted, positively sloped structure. The 7-day tenor for ETH is now trading at a 33-point premium over that for BTC. 

While puts dominate BTC's open interest, ETH is seeing the opposite trend. On May 8, 2025, options volumes surged over $120M, more than double the typical monthly volume, with $60M more in calls than puts. ETH now boasts a positive futures curve and funding rates, as well as a strong skew toward OTM calls.

ETH sees exceptionally bullish put/call skew

ETH's substantial outperformance in the current crypto rally has led to bullish sentiment in its derivatives markets. Funding rates have surged, futures yields are strongly positive and the put/call skew has shifted significantly toward OTM calls, now close to 10%. This starkly contrasts with early April, when the skew was 20% toward OTM puts. Although ETH has underperformed (relative to BTC and other "ETH killers"), it has rebounded in this rally, with the ETH/BTC ratio rising after spending most of the year declining.

Open interest for Bitcoin options increased, with implied volatility remaining suppressed

The announcement of the new US administration's first trade deal, nearly 30 days into Trump's 90-day tariff pause, jolted crypto markets, pushing BTC back up above $100K. Surprisingly, implied volatility has remained suppressed, failing to invert BTC's term structure, with front-end volatility trading at around an 18-month low of 35-40%. On May 8, 2025, options volumes surged, with call volume reaching $189M, reversing last week's trend of higher put volumes. Meanwhile, open interest rose steadily to exceed $300M, the highest level this month, but remains significantly larger for puts than for calls despite the price increase.

block-scholes-x-bybit-report.jpeg

Bybit X Block Scholes crypto derivatives analytics report (May 9, 2025): Ether’s put/call skew turns remarkably more bullish than Bitcoin’s

This article explores how Sign works, its flagship products (such as TokenTable, SignPass and EthSign), its native token (SIGN) and how to trade SIGN on Bybit.

Sign is an omnichain attestation infrastructure that empowers users and developers to verify real-world claims on-chain. Built for a more transparent and decentralized future, it eliminates the need to “just trust” and enables everyone to verify with cryptographic proof.

This article explores how Sign works, its flagship products (such as TokenTable and EthSign), its native token (SIGN) and how to trade SIGN on Bybit.

 is an omnichain attestation protocol designed to make it easy for anyone to verify the authenticity of any claim — 

. Whether it’s a document, credential or user identity, Sign transforms traditional trust models into verifiable, cryptographic attestations. 

Sign’s mission is to replace outdated, opaque validation systems with transparent, 

 proof — enabling a future where “verify” replaces “trust.” Through tools like schema registries and digital signatures, Sign empowers users to bring accountability and integrity to digital interactions.

Sign is developed by the team behind EthSign, a 

-native e-signature and agreement platform. Its core team brings deep experience in 

 development and cross-chain integrations.

The project is backed by top-tier investors, including Sequoia Capital China (now known as HongShan Capital Group), Mirana Ventures, HashKey Capital and Hack VC.

This strategic funding positions Sign as a foundational layer in the web3 infrastructure stack.

Sign allows users to create attestations — cryptographically signed statements that prove the validity of claims, such as credentials, achievements or actions. These digital proofs can be verified by anyone at any time, making them tamperproof and transparent.

Sign’s key technical elements include a schema registry that ensures consistent data formatting, digital signatures proving authenticity, and on- and off-chain attestations with support for revocation or updates

This system acts like a programmable layer for web3, bringing a new level of trust to identity, credentials and data exchange.

TokenTable is Sign’s flagship token distribution platform. It helps projects unlock, distribute and manage tokens transparently and securely at scale.

It uses Sign’s attestation engine to verify token unlocks, 

 and vesting schedules, ensuring traceable, auditable token flows.

SignPass is a blockchain-based identity solution that brings real-world credentials on-chain. One notable implementation is the Sierra Leone PR Card, used for the world’s first government-approved on-chain permanent residency program.

SignPass offers encrypted on-chain records for easy 

 verification, physical ID issuance for daily identity use and streamlined digital application systems for cross-border access.

It showcases the way blockchain can modernize public sector services worldwide.

EthSign is a decentralized contract signing platform that lets users create, sign and store legally binding agreements directly on-chain. It removes intermediaries and ensures documents are immutable and accessible.

EthSign reinforces Sign’s mission by bringing traditional documentation into the realm of verifiable web3 attestations.

The SIGN token is the native utility token powering the Sign ecosystem. It’s used for:

The total supply is capped at 10 billion SIGN, with 1.2 billion tokens in circulation. While the fully diluted valuation (FDV) sits above $746 million as of May 7, the circulating market cap is approximately $89.6 million. SIGN continues to gain traction across exchanges and developer networks.

SIGN is available for trading on Bybit via Spot trading and as a USDT Perpetual contract. Bybit offers up to 75x leverage for the SIGNUSDT Perpetual contract and supports secure, high-liquidity spot trading.

Start exploring the future of attestations with SIGN on Bybit today.

Intermediate

sign.png

Sign (SIGN): Web3 protocol for trustless attestation

Compliant trading means following platform rules and avoiding manipulative behavior. Learn more about how you can trade responsibly and compliantly on Bybit.

Crypto trading has come a long way from what used to be the domain of institutional players, and is now open to almost anyone with an internet connection. It’s easier than ever to buy and sell digital assets, try new strategies or build a portfolio from scratch all within minutes.

But with that level of access comes responsibility. As more people join the market, the need for fairness and accountability has become even more important. This isn’t just about price charts or profits — it’s about keeping the playing field level for everyone involved.

At Bybit, we take that responsibility seriously. We're here to offer the tools, safeguards and education you need to help you trade responsibly and to protect the platform from misuse.

This article describes what it actually means to trade compliantly, why it matters — and what can happen if things go off course.

Compliant trading means playing fair, following the platform’s rules, staying within the boundaries of what’s allowed and avoiding anything that could unfairly affect the market.

It’s not about avoiding risk: it’s about knowing what you’re doing, using official tools the right way and making sure your trades aren’t causing harm to yourself or others.

In short, compliant traders don’t just focus on their P&L — they understand that how they conduct themselves while trading matters. Responsible trading protects their accounts, keeps the platform stable and builds long-term credibility in the crypto ecosystem.

Why does responsible and compliant trading matter?

It’s easy to assume that compliance is only something platforms or regulators need to worry about. But in reality, every trader plays a part. When someone attempts to exploit the system — for example, by coordinating mass trades through off-platform channels — the consequences can ripple across the entire market.

In extreme cases, irresponsible trading behavior can:

And if the trades in question are linked to coordinated action, use of fake accounts or external bots? That opens the door to account freezes, compliance reviews and, in some cases, permanent suspension.

Bybit has a responsibility to act when the system is being abused — not just for legal reasons, but in order to protect honest traders.

Common examples of noncompliant or risky behavior

Some traders join Telegram groups or online communities in which KOLs (key opinion leaders) give out coordinated trading instructions (for example, “Buy token A now, sell it in an hour”). This practice isn’t just risky: it often involves a small number of insiders benefiting while the majority end up with losses.

When many people follow the same instruction all at once, it can artificially inflate the price of a low-liquidity token. The KOLs then exit at the top —while others are left with falling prices and unexpected liquidations.

Such a textbook case of market manipulation violates our Terms of Service and, depending upon jurisdiction, could violate financial laws.

Using bots or unverified trading strategies

Some Telegram groups may seem convincing, but trades coordinated off-platform are often unverified and may serve someone else’s agenda. 

 programmed to front-run trades, mimic pump-and-dump strategies or follow unverified signals can trigger compliance red flags and may lead to account restrictions.

Bybit does not support trading bots from unverified sources. They can also trigger flags in our monitoring systems, which may result in account suspension.

Using another person’s account or sharing login credentials — even if it’s with a family member — goes against both Bybit’s policies and global 

(AML) rules. It also opens the door to fraud, loss of funds and irreversible penalties.

Tips for responsible and compliant trading on Bybit

The good news is that there’s a better way to trade — responsibly, safely and with confidence, starting with the right tools, mindset and habits.

Use copy trading the way it’s meant to be used

 is one of Bybit’s most trusted features, and for good reason. It gives users access to professional traders’ strategies while maintaining full transparency. However, it only works if you follow verified 

These traders have been vetted and their stats are fully visible. You can view their P&L, risk settings and trade history. Bybit also provides built-in tools, such as 

 and staking products allow you to earn passive yield with minimal effort. These products are fully backed by our infrastructure and undergo regular audits, and are a compliant way to generate returns without chasing risky trades.

No matter how convincing a Telegram group may sound, remember that trades executed outside of regulated channels are unverified and often unaccountable. They may be coordinated for someone else’s gain.

 offers a wide range of articles and tutorials, covering everything from indicators and oscillators to advanced portfolio strategies. Before following any external signal, it’s worth spending 10 minutes to understand the rationale behind it. In trading, knowledge is your best form of compliance. Before you enter any position, ensure that you fully understand the asset you're trading, the current market conditions and the risks involved.

, never share your login credentials, and always enable two-factor (2FA) authentication. In addition, all trading activity should originate from your own account and remain under your own control.

Bybit’s systems are designed to flag irregular behavior. If your account is found to be engaging in prohibited activity, even unintentionally, you may be:

We take these steps in order to protect the broader user base and to uphold market fairness.

Being compliant doesn’t mean missing out on opportunity. In fact, it’s the opposite. It means you’re using the platform the way it was designed, with safeguards, transparency and trust. Shortcuts might look appealing in the short term, but they rarely end well. The most successful traders on Bybit are the ones who understand risk, stay informed and trade with integrity.

Take the time to learn and use the tools available to you. And remember: protecting your account starts with choosing how you’ll trade.

Beginner

compliant trading.png

How to trade compliantly and responsibly on Bybit

Crypto

BEP-20 tokens can be found on the Binance Smart Chain. Read all about them here.

Token standardization in crypto has helped to build a foundation for an entire blockchain ecosystem as we know it. 

Smart contract platforms like Ethereum and Binance Smart Chain (BSC) allow you to build and launch your 

(DApps). Each DApp comes with a unit of value, and a tradable asset called a “token,” used to provide a utility or perform certain economic and governance-related activities.

These tokens follow a specific framework called a 

, a set of rules and guidelines that must be incorporated into the smart contracts. If a token doesn’t follow and comply with the desired token standard, it won’t be compatible and interact with the rest of the ecosystem applications, such as wallets and exchanges. 

Every blockchain platform has its own set of token standards that smart contracts have to follow. You might be familiar with 

-based tokens that follow the ERC-20 token standard. Similarly, Binance Smart Chain (BSC) comes with a token standard called 

, which has to be followed by every BEP-20 token launched on the Binance Smart Chain platform.

This guide will discuss and demystify the BEP-20 token standard and explore some of the most promising BEP-20 tokens on the Binance Smart Chain platform. 

Binance Smart Chain (BSC) is a blockchain platform with the ability to run smart contracts. It works in tandem with Binance Chain, a separate 

platform optimized for ultra-fast trading with much higher transaction throughput.

Binance, one of the largest centralized cryptocurrency exchanges, launched Binance Chain back in 2019 to support its decentralized version of the exchange, Binance 

. Binance Chain was explicitly designed for fast and non-custodial (decentralized) trading. It came with a native utility token called 

, with a fixed supply of 200 million BNB tokens. 

However, Binance Chain doesn’t provide enough flexibility, due to a lack of support for smart contracts. This lack of flexibility was an intentional system design approach to prevent network congestion. 

If a platform is optimized for fast, non-custodial trading, the ability to host and run smart contracts can bring a lot of congestion to the network. A famous example which validates this statement 

 the blockchain game CryptoKitties, which chocked the entire Ethereum network at the height of its popularity. 

 was launched, a programmable smart contract blockchain platform that runs parallel to the Binance Chain. BSC is fully compatible 

 Ethereum Virtual Machine (EVM), so the developers can migrate their existing EVM-based applications directly to the BSC platform. 

Even though BSC runs parallel to the Binance Chain platform, it shouldn’t be categorized as a 

 scalability solution. BSC is an independent and stand-alone blockchain that can keep running even if the Binance Chain goes offline. 

Since BSC is EVM-compatible, developers can not only port their DApps in a frictionless way, but the users can use their favorite tools like 

 to interact with BSC. This native compatibility will help BSC to take advantage of the rich Ethereum ecosystem that exists today. 

(PoS) consensus algorithm, and achieves ~3-second average block time that makes it much faster than Ethereum. With PoSA, validators secure the network by staking their BNB coins. Validators also receive transaction fees accumulated from every block they validate. 

It’s worth noting that there are no block rewards for validators. They can only stake BNB tokens and accumulate transaction fees of the blocks they validate on the network. BNB is a deflationary token, as it comes with a fixed supply, and the Binance team regularly carries out coin burns.

 with cross-chain compatibility. These platforms complement each other. Users can seamlessly and quickly transfer assets across both chains using a supported wallet, like Binance Chain Wallet or Trust Wallet. 

Another important aspect of major assets such as BTC, ETH and others is that they are already on Binance Chain as 

(BNB tokens pegged to external assets). You can seamlessly transfer these pegged coins to BSC and use them in various DApps on the BSC platform.

BEP-20 is a Binance Smart Chain token standard that extends Ethereum’s ERC-20 standard. BEP-20 defines a framework and a set of rules that BSC-based tokens have to follow. BEP-20 is fully compatible with both ERC-20 and Binance Chain BEP-2 token standards. 

The BEP-20 token standard applies to all kinds of tokens that will launch on the BSC platform, such as tokenized securities and stablecoins. Peggy Coins, which are BEP-20 tokens pegged to other crypto assets such as BTC and LINK, also follow the BEP-20 token standard. 

The transaction fees for all the BEP-20 tokens are paid with BNB, the native token of the Binance Chain. This mechanism is part of the PoSA consensus rules and provides an incentive to the validators, as they accumulate transaction fees for the blocks they validate on the BSC network. 

Since Binance Chain and BSC complement each other and run in tandem, BEP-20 tokens can be used on the Binance Chain for fast trading on the Binance DEX platform. However, BEP-20 versions of the pegged tokens outside the Binance ecosystem need to be swapped for their native asset because the cross-chain interoperability is only between Binance Chain and BSC. 

Creating your BEP-20 token is relatively simple and straightforward, even if you don’t have any prior programming experience. 

 provides an intuitive user interface for creating your BEP-20 tokens. You only need to provide the name of your token, a symbol, and a few other parameters to successfully create your BEP-20 token. 

Let’s briefly discuss these parameters for a better understanding of the BEP-20 token standard.

 — This parameter specifies whether the BEP-20 tokens can be burned to decrease the supply over time, making it deflationary. 

 — This parameter is opposite to Can Burn, and it specifies whether new BEP-20 tokens can be minted to increase the supply over time, making it inflationary. 

 — This parameter is crucial in case of a malicious attack or software vulnerability. It specifies whether all the operations associated with your tokens can be paused when needed. Only the creator of a token or an address with necessary permission can pause all the operations. 

This parameter is similar to Can Pause. It gives you the ability to blacklist specific addresses that are acting maliciously. Both of these parameters give a lot of control to the central authority (the creator), so they won’t be suitable for many use cases. 

Once all the parameters are specified and the token is generated, you will have complete ownership of the token, and it will be disbursed to your specified address. The smart contract for the token will be automatically published to BSC, and you only need to pay the required transaction fees. 

There are many programmable blockchain platforms with the ability to run smart contracts, and each one has a different token standard. This section will compare BEP-20 with two of the most prominent and leading token standards available today: ERC-20 and BEP-2. 

BEP-20 and ERC-20 token standards have many similarities. BEP-20 is an extended version of the ERC-20 standard and has the same functions for providing foundational elements, such as token issuance, token transfer and ownership. 

Binance has recently introduced a cross-chain bridging service called the 

 which provides interoperability between different blockchains. The project currently supports cross-chain transfers for ERC-20 and TRC-20 tokens. 

With Binance Bridge, you can convert your native crypto assets to BEP-2 or BEP-20 tokens. Let’s explain this with the following example: If you’re transferring ERC-20 stablecoin to BSC, Binance Bridge will do the cross-chain conversion, from ERC-20 to BEP-2/BEP-20 tokens, which can be used on either Binance Chain or DApps running on BSC. 

Binance Bridge charges no conversion fees, and you only have to pay the network fees of the associated blockchain for the transaction. You have to be a little patient while waiting for conversion because it takes a few minutes.

This process of conversion from the native blockchain (ERC-20) to BEP-20 is called 

. This conversion also works in the opposite direction (called 

), i.e., converting back from BEP-20 to the native blockchain (ERC-20). A compatible wallet such as Binance Chain wallet or MetaMask is needed to complete the Peg-in and Peg-out process.

BEP-2 is the token standard on Binance Chain. The BEP-20 and BEP-2 standards work in parallel, and they are fully compatible with each other. BNB, the native token of both Binance Chain and BSC, fuels the BEP-20 and BEP-2 across the network.

Binance Smart Chain can be thought of as an extension of the Binance Chain. They both follow the dual-chain architecture and are fully interoperable with each other. Users can easily swap BEP-20 tokens from the BSC with BEP-2 tokens on the Binance Chain right from their supported wallet (Binance Chain Wallet, Trust Wallet). 

Even though Binance Chain and BSC work in parallel, you have to use their native tokens. If you’re on Binance Chain or Binance DEX, you can only use BEP-2, and if you’re interacting with a DApp on BSC, you can only use BEP-20 or a wrapped implementation (pegged assets). 

The Binance Bridge Project also provides cross-chain liquidity on Binance Chain and Binance Smart Chain. Users can easily Peg-in and Peg-out their BEP-20/BEP-2 wrapped assets. The swapping between BEP-20 and BEP-2 happens seamlessly right from the supported wallet. 

The Binance Smart Chain ecosystem is flourishing, and the platform is getting enormous amounts of traction. This section will discuss some of the most prominent and popular BEP-20 tokens launched on the BSC platform. 

Peggy Coins are a class of BEP-20 tokens on the BSC platform which are pegged and fully backed 1:1 crypto assets. As of this writing, there are a total of 34 most-popular pegged BEP-20 tokens available on the BSC platform, including ETH, BTC, USDT, LTC and ADA. 

Users can either purchase these pegged tokens or swap them with their existing tokens to use on the BSC platform. Additionally, users can redeem these pegged tokens to the native crypto assets. Many 

 DApps are launching on the BSC platform, and these pegged tokens allow users to interact with them and benefit from their offerings. 

 is by far the single most popular DApp on the BSC platform, with a market cap surpassing $5.17 billion as of writing. Think of PancakeSwap as a BSC counterpart of Ethereum’s 

 (DEX) that allows users to swap BEP-20 tokens. Unlike centralized exchanges like Binance, PancakeSwap doesn’t use the traditional order-book mechanism to execute trades. Instead, it uses liquidity pools and the Automated Market Maker (AMM) model to execute trades in a decentralized manner. 

Liquidity Providers (LPs) provide funds to the liquidity pool and earn LP tokens as a reward. Using LP reward tokens, liquidity providers can farm 

, a BEP-20 governance token of PancakeSwap. They can further stake their CAKE tokens into PancakeSwap 

 is another decentralized exchange on the BSC platform, with total 

 surpassing $3.5 billion as of writing. It might sound similar to PancakeSwap, but it comes with more enhanced features, such as an 

Supermarket, BakerySwap Launchpad, and NFT Combo pool.

Like PancakeSwap, BakerySwap is a decentralized exchange that uses Automated Market Maker (AMM) and liquidity pools instead of a traditional order-book mechanism. Liquidity providers earn LP tokens as rewards, according to their share of the pool. By using their LP tokens, liquidity providers can farm BAKE, a BEP-20 governance token of BakerySwap.

BakerySwap also comes with an NFT Supermarket where you can buy and trade different non-fungible tokens. BakerySwap also has a dedicated launchpad where you can get early access to newly launched NFT projects on the BSC platform. 

Getting BEP-20 tokens is as simple as obtaining any other token. Here are four different ways you can get hold of some BEP-20 tokens: 

 — Binance is one of the biggest centralized crypto exchanges. You can create an account there, search for your desired BEP-20 token and purchase it either with fiat or crypto. 

 — Binance DEX is the decentralized version of the Binance crypto exchange. You can use Binance DEX to discover and buy promising BEP-20 tokens in a non-custodial environment. 

 most popular multicurrency wallet available on the market today. You can discover and purchase BEP-20 tokens right from your Trust Wallet interface, which is super convenient. 

 — You can also use an AMM-based decentralized exchange to accumulate BEP-20 tokens by swapping your existing crypto assets supported on PancakeSwap. 

Storing your BEP-20 tokens is as easy as it can get. All you need is a wallet that supports BEP-20 tokens. Here are three different ways you can store your BEP-20 tokens: 

 — Even though Metamask is a popular Ethereum wallet, you can connect Metamask with BSC and store your BEP-20 tokens. 

 is a decentralized multicurrency wallet. With Trust Wallet you can send, receive, store, swap and purchase BEP-20 tokens without even leaving the app’s interface. 

 — Binance Chain Wallet comes as a browser extension available on 

. It is super easy to use and helps you store BEP-20 tokens and interact with DApps on the BSC platform. 

Binance Smart Chain was launched back in May 2020. Since then, it has gained significant momentum, and we can see a lot of promising DApps with BEP-20 tokens on the platform already. 

With low fees and high transaction throughput, BEP-20 tokens provide a much better alternative to Ethereum’s ERC-20 counterpart. Seamless swapping between BEP-20 and BEP-2, along with BEP-20 versions of the pegged assets, can be game changers for the entire ecosystem. 

What Are BEP-20 Tokens and BEP-20 Standard?

Compete for 2,500 USDT Every Week

Earn Points by Completing Tasks

Event Rules

Weekly Leaderboard