BEP20
A token standard on the BNB Chain network. USDT on BEP20 is fast and usually cheap, especially between Binance-ecosystem exchanges.
In practice
The address starts with 0x, like ERC20. The withdrawal fee depends on the exchange: on Binance it can be minimal or zero for BEP20, check the withdrawal screen.
Related terms
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The material is informational and is not financial advice.