BEP20 and BEP2 tokens are both listed on Binance smart chain network. The usage of BEP20 tokens is higher because of the token benefits. The main benefits of this token are that it is decentralized, cross-chain compatible, multi-currency supported, requires less transaction fees, etc. These token holders are provided with great benefits like their staking and voting rights mechanism, less minting and transaction fees, etc. These interchangeable tokens can be created using Binance smart chain development services.