ETH and BNB are cash, they’re the native foreign money of their respective blockchains. BEP-20 is a clone of ERC-20 similar to BSC is a clone of ETH, so I will clarify for ETH and to get the explainer for BSC simply change the respective phrases.
Some contracts count on an ERC-20 token, or BEP-20 on BSC (, so so as to use ETH with them you must “wrap” it. You simply deposit 1 ETH into the wETH contract and also you get again 1 wETH token. It value precisely the identical as ETH as a result of you may all the time unwrap it, however you should utilize it the place ERC-20 tokens are anticipated. On the draw back you may’t pay gasoline charges with it as a result of it is not ETH it is wETH, you must unwrap it first.
