How to Get a BEP20 Address?

How to Get a BEP20 Address?

Get BEP20 Address
Get BEP20 Address

What is BEP20?

BEP20 is a standard utilized for making tokens on Binance Smart Chain. Tokens are important parts of a blockchain-based framework, Decentralized application (DApp), stage, or economy. Tokens work with the development of significant worth and track exercises on the blockchain. Thus, they are a vital aspect of directing a wide range of sorts of exchanges.

BEP represents the Binance Smart chain Evolution Proposal. BEP20 is a token standard Binance made for Binance Smart Chain. Binance Smart Chain is the savvy contract stage, and it runs lined up with the first Binance Chain.

Trust Wallet supports BEP20 Tokens:

What are BEP20 Tokens?

BEP20 addresses a symbolic standard that is on the Binance Smart Chain 7.5k.
BEP20 is like ERC20 714 tokens that are given and executed on the Ethereum 281 blockchain.

In the wake of adding Binance Smart Chain 4.5k, Trust Wallet devs have likewise executed the help for BEP20 tokens. Download the latest adaptation of the application to begin getting BEP20 tokens on your wallet.

Trust Wallet
Trust Wallet

How to Get a BEP20 Address?

Smart Chain wallet will be enabled by default as soon as you create a new wallet. If you do not see it yet, try to do a search and look for Smart Chain.

Open your Smart Chain wallet, and tap on Receive to get your BEP20 address. In the event that you are asking why BNB shows on the screen capture, it is on the grounds that Binance Coin 704 is additionally the primary token utilized on Binance Smart Chain. Tap on Copy or Share your QR code for the Smart Chain address.

Bep20 Address
Bep20 Address

How to withdraw BEP20 tokens to Trust Wallet?

For this example, we will withdraw some DAI as a BEP20 token. Access your Binance account wallet, tap on DAI, then tap on Withdrawal. You will notice that Binance has several options available. Choose BEP20 Network.

  • Note: BEP20 is on the Binance smart chain and ERC20 means Ethereum network. If you send your crypto fund wrong network, you will lose your crypto fund.
Trust wallet
Trust wallet

Get your Smart Chain address on Trust Wallet and glue it to the Withdrawal address on Binance.

Find Token
Find Token

If you made a withdrawal successfully, then wait for transaction confirmation.

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