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A BEP-20 token is a fantastic option if you want to create your own cryptocurrency token. A cryptocurrency token must be deployed on a blockchain before it can be launched. The blockchain serves as a distributed ledger for your token, recording all transactions in a verifiable manner. Binance Smart Chain (BSC) is a blockchain platform that uses similar technology to Ethereum but, thanks to a few tweaks, has significantly reduced transaction fees. BSC is currently the fastest growing blockchain, attracting investors thanks to its low transaction costs.