Author: changehero
April 29, 2019

BNB Mainnet and how it differs from BNB ERC-20 Binance Coin or BNB coin — is a native Binance coin. It used to be ERC20 token based on Ethereum blockchain and since 23rd April 2019 BNB migrated to Binance Chain and become the new blockchain’s native asset. The improved version of Binance Coin ‎‎(BNB) is expected […]

BNB Mainnet and how it differs from BNB ERC-20

Binance Coin or BNB coin — is a native Binance coin. It used to be ERC20 token based on Ethereum blockchain and since 23rd April 2019 BNB migrated to Binance Chain and become the new blockchain’s native asset.

The improved version of Binance Coin ‎‎(BNB) is expected to represent the motherboard that serves the entire Binance blockchain and serve as the foundation for Binance’s DEX (first of all, for decentralized BNB change to other tokens based on Binance Chain).

Binance Chain is supposed to do a much better job (speed, transaction fees, etc) than Ethereum. Binance team expects all of the regulated token offerings and ICOs moving forward to take place on Binance Chain as it simply provides a much better platform for these use cases.

How to Exchange BNB?

For users, who store BNB on Binance — BNB swap is an automatical process. Binance handled everything and coins are already swapped automatically;

BNB holders, who keep BNB ERC-20 in a cryptocurrency wallet, have to deposit it to Binance or another swap service to perform the token conversion within 90 days;

Another option is to swap BNB on instant exchanges like Changehero.io. It provides convenient SWAP service 1:1 and with 0% fee.

BNB Swap with ChangeHero is super easy, unlimited and fast! We don’t take any fees, and the rate it 1:1. That means you will receive exactly the same amount of BNB Mainnet coins as the amount of BNB ERC-20 you send us.

Exchange your BNB with ChangeHero

Here you can find step-by-step instruction, how to swap your BNB with ChangeHero:

First, put the amount of BNB ERC-20 tokens you want to swap to BNB Mainnet. You need to provide your BNB BEP2 Wallet address (where you want us to send your BNB Mainnet) and MEMO if you have it.

(Usually, MEMO is required, if you want to receive your BNB Mainnet to the exchange (like Binance) account. In this case, it is really important to provide it, otherwise, your coins could be lost):

changehero exchange interface

Then, make sure that all the data is correct, check the BNB Mainnet address and MEMO once again. Then, confirm the transaction:

Confirm transaction screen on changehero

After it, copy BNB ERC-20 address and send your BNB tokens there:

Deposit address for crypto exchange

Wait for 5–7 min for your BNB Mainnet arrival to your Wallet address:

exchange processing on changehero

Done! Find your BNB Mainnet coins at your wallet!

Go to ChangeHero now and exchange your BNB ERC-20 to BNB Mainnet BEP2 1:1 fast, with no fees and limits. Now you know how to exchange BNB the best way!

for more of such informative articles subscribe to our blog and follow us on TwitterFacebookReddit, Telegram and Medium to get notified first.


Learn more:

Quick links:

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Tags

what is gala crypto guide

Guides & Tutorials

What is GALA Crypto and Gala Games?

While the topic of metaverse is becoming a more common sight in the crypto community, the play-to-earn trend is red hot. Gala Games is a platform poised to take advantage of this situation with their P2E games. Learn all about this up and coming participant in the crypto revolution in gaming! We explain what is Gala Games doing and all about their prospects in our guide.

Author: changehero

232
0
June 22, 2022
Read more
Safe Haven During War: Bitcoin vs Gold

Guides & Tutorials

Safe Haven During War: Bitcoin vs Gold

“Digital Gold” and “Safe Haven” are the terms Bitcoin maximalists often use to promote it. Gold bugs believe that gold is the best inflation hedge. A war broke out between Russia and Ukraine in late February, and it sure did impact the economy of both these countries. Who is winning the Bitcoin vs gold debate […]

Author: changehero

146
0
March 4, 2022
Read more
What is Decentraland (MANA)? A Beginner’s Guide

Guides & Tutorials

What is Decentraland (MANA)? A Beginner’s Guide

When the Metaverse narrative emerged thanks to Meta, crypto developers of virtual worlds enjoyed the attention but also were pressured into making their own metaverses ready for adoption. What is Decentraland, one of the pioneering crypto Metaverses? Read all you need to know in our guide! Key Takeaways Decentraland is a three-dimensional virtual world divided […]

Author: changehero

88
0
February 22, 2022
Read more
What is Fantom (FTM)? A Beginner’s Guide

Guides & Tutorials

What is Fantom (FTM)? A Beginner’s Guide

Most blockchains have to choose two out of three: scalability, security and decentralization. This so-called blockchain trilemma has inspired many blockchain developers to find a solution without compromise. What is Fantom’s solution to this problem, how does it work and why does it need the FTM token — explained in our Beginner’s guide. Key Takeaways […]

Author: changehero

63
0
February 16, 2022
Read more
Which Cryptos to Buy During the Dip?

Guides & Tutorials

Which Cryptos to Buy During the Dip?

The mainstream media is about to declare Bitcoin dead for the umpteenth time, as the cryptocurrency market rapidly lost 18% of its value over a week. However, not only is this situation far from the end of all crypto, it can even be turned to your advantage. We will explain how, and give a list […]

Author: changehero

175
0
January 27, 2022
Read more
What is Cosmos (ATOM)? A Beginner’s Guide

Guides & Tutorials

What is Cosmos (ATOM)? A Beginner’s Guide

The crypto market at the time of writing has tens of thousands crypto projects running on different chains. Making use of different protocols on an individual level becomes a challenge. What is Cosmos crypto platform doing to solve this problem? You will learn about their interoperability solution and multi-chain protocol in our guide.

Author: changehero

625
0
January 26, 2022
Read more