Binance-Peg Ethereum is a representation of Ethereum on the Binance Chain (BEP2) and the Binance Smart Chain (BEP20) . This is because native ETH is on the ERC20 network, which is a different network from BEP2 and BEP20.
Read moreDoes Litecoin support Binance?
You can trade Litecoin for 300+ cryptocurrencies on Binance’s industry-leading, fast, and secure trading platform . Binance offers many trading pairs for Litecoin trading to meet your needs. Earn Rewards by staking coins.
Read moreIs Binance-peg XRP same as XRP?
Listed as XRP-BF2, the XRP variant is pegged one-to-one to XRP on Binance’s main exchange for instant swapping without slippage , the exchange said. Binance minteds 10 million XRP-BF2 for the DEX. XRP-BF2 is preceded by a June 2019 addition of a pegged variant of bitcoin, BTCB.
Read moreWhat is Binance-peg Busd?
Binance creates BUSD (BEP-20) by holding BUSD in an Ethereum blockchain address and minting peg BUSD tokens, each of which corresponds to a BUSD token held in reserve by Binance . BUSD (ERC-20) and BUSD (BEP-20) holders can swap their tokens between the blockchains depending on their needs.
Read moreHow can I transfer my ERC20 tokens to BEP20?
If you want to trade your ERC-20 tokens on a decentralized exchange, such as PancakeSwap, you’ll need to wrap them on the Binance Bridge to turn them into BEP-20 assets (Binance Smart Chain token standard), which can then be utilized on The Binance Smart Chain.
Read moreHow can I transfer my ERC-20 tokens to BEP20?
If you want to trade your ERC-20 tokens on a decentralized exchange, such as PancakeSwap, you’ll need to wrap them on the Binance Bridge to turn them into BEP-20 assets (Binance Smart Chain token standard), which can then be utilized on The Binance Smart Chain.
Read moreIs BEP20 same as ERC-20?
BEP-20 was created as an extension of the ERC-20 and, therefore, inherits all the ERC20 features . BEP-20 is the primary token standard for the Binance Smart Chain, i.e. all tokens on the BSC are automatically based on the BEP-20 standard.
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