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Can you guide me on how to move Ethereum to Binance Smart Chain?

avatarRaghul KannanNov 26, 2021 · 3 years ago1 answers

I'm new to cryptocurrency and I want to transfer my Ethereum to Binance Smart Chain. Can you provide me with a step-by-step guide on how to do it?

Can you guide me on how to move Ethereum to Binance Smart Chain?

1 answers

  • avatarNov 26, 2021 · 3 years ago
    Absolutely! I can guide you through the process of transferring Ethereum to Binance Smart Chain. Here are the steps: 1. Log in to your Binance account and navigate to the 'Wallet' section. 2. Locate your Ethereum wallet and click on the 'Deposit' button. 3. Copy the Ethereum deposit address provided by Binance. 4. Open your Ethereum wallet (such as MetaMask) and initiate a transfer. 5. Paste the Binance Ethereum deposit address as the recipient. 6. Enter the amount of Ethereum you want to transfer and confirm the transaction. 7. Wait for the transaction to be confirmed on the Ethereum network. 8. Once confirmed, your Ethereum will be credited to your Binance account. 9. Now, go to the 'Smart Chain' section on Binance and click on 'Deposit'. 10. Select 'Ethereum' as the network and choose the BEP20 option. 11. Copy the Binance Smart Chain deposit address provided. 12. Open your Ethereum wallet again and initiate another transfer. 13. Paste the Binance Smart Chain deposit address as the recipient. 14. Enter the amount of Ethereum you want to transfer to Binance Smart Chain and confirm the transaction. 15. Wait for the transaction to be confirmed on the Ethereum network. 16. Once confirmed, your Ethereum will be converted to Binance Smart Chain on your Binance account. That's it! You've successfully moved your Ethereum to Binance Smart Chain. If you have any more questions, feel free to ask.