What is the difference between ERC20 or BEP

What is the difference between ERC20 or BEP. Please my expert friends explain me.
@Mike2microbe

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Hey mate =)

ERC-20 is a technical standard, which is used by the native ETH-tokens and runs on the ethereum blockchain.

BEP-2 is also a technical standard and is used and implemented by binance, on the binance-chain for their DEX.

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Cool question. Often confusing to many.
ERC 20 tokens are tokens built on Ethereum blockchain. Example when BNB token was built on Ethereum blockchain.
But when Binance built their own blockchain, these tokens were now burnt and equal amount of it was made to BEP2 token.
That is to say BEP2 are tokens built on Binance blockchain.

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Now I clear my friends @Mike2microbe @Mista_L33

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