Swap BNB ERC20 Tokens to BNB Coins on CoinSwitch

CoinSwitch
CoinSwitch
Published in
3 min readMay 7, 2019

Hi, BNB Hodlers! We are happy to announce that CoinSwitch is supporting the mainnet swapping of BNB ERC20 tokens. As you all know, BNB has moved to its mainnet and would now require all ERC20 BNB token hodlers to swap to BNB coin (the new mainnet coin). To make this swap extremely simple, we have partnered with the BNB team and built this dedicated page for the swap. We will also support you if you have any queries related to the swap process.

How to Swap your BNB ERC20 tokens to BNB Coins?

Here are steps to instantly swap your BNB ERC20 tokens to BNB coins:

  1. Visit https://coinswitch.co/bnb-swap/
  2. Enter the amount of ERC20 BNB token that you want to swap to BNB coin and click on the “continue” button.
  3. Enter your BNB mainnet coin address and the memo, and click on “Exchange” button. (The memo is optional and if your wallet provides a memo then only you should add it.)
  4. This will show you an address where you need to send your BNB ERC20 tokens.
  5. Once we receive the BNB ERC20 tokens, we will send the BNB mainnet coins to the address you provided. This is a 1-to-1 basis swap so you will receive the same number of BNB coins what send to us. CoinSwitch won’t charge you any fee for this swap.
BNB mainnet swap steps

BNB Wallets

Here is the list of wallets you can use for the BNB mainnet coins:

  1. Ledger (https://www.ledger.com/)
  2. Atomic (https://atomicwallet.io/)
  3. Guarda Wallet (https://guarda.co)
  4. Trust Wallet (https://trustwallet.com)

BNB Blockchain Explorer

https://explorer.binance.org/

In case, you have any difficulty or face any issues while swapping, please do write to support@coinswitch.co or you can directly talk to us through live chat.

About BNB Coin

Binance Coin (BNB) , as the name suggests is Binance’s own native token which has recently taken a toll very recently as the BNB coin token swap has started following the mainnet launch. While there would be an initial supply of 200 million BNB coins, the previous 11,654,398 burned on the Ethereum network will be burned on Binance Chain also and 48,000,000 tokens will be frozen. The BNB token will be the base coin of Binance DEX, which also went live along with BNB mainnet launch. BNB is a coin with block time and finality in 1 second, which makes Binance chain one of the fastest blockchains.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator. It provides an exchange service of over 300 cryptocurrencies and over 45,000 pairs from leading exchanges like Binance, HUOBI, Ethfinex, KuCoin, HitBTC, and IDEX. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.

Happy switching :)

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CoinSwitch
CoinSwitch

One place to convert your cryptocurrencies across all exchanges at the best rates. Visit www.coinswitch.co