Binance Chain Mainnet Swap: Things To Know

If you are active in crypto space, you must be already aware of Binance chain mainnet swap. On the 23rd of April 2019, Binance is moving out its BNB coin from Ethereum blockchain and moving to Binance chain (BEP2). If you are already holding Binance coin in its own exchange or on any ERC20 wallet, then this is the must-read article for you.

 

 

Conversion from ERC20 BNB to BEP2 BNB tokens

 

As you know, Binance has planned for BNB mainnet swap on 23rd April 2019 and if everything goes as per their plan, then all the users will be provided with Binance chain address for BNB withdrawal request. This will work as a method to convert your ERC20 BNB tokens into BEP2 BNB tokens native to Binance Chain.

After April 23rd, Binance is NOT supporting the withdrawal of ERC20 BNB tokens, so if you want to withdraw for any reason do it fast. But, we will advise you not to do that as swap is going to happen.

Read complete article: https://www.mycryptohustle.com/know-binance-chain-mainnet-swap/