Setting up a BEP2 (Binance Chain) Compatible Wallet to Receive & Store ECO Tokens

Andrew
ORMEUS ECOSYSTEM
Published in
2 min readAug 29, 2019

In this article, we will explain how you can go about setting up a wallet that accepts BEP2 (Binance Chain) tokens which will enable you to then receive and store ECO tokens.

What is BEP2?
This is the blockchain created by Binance, called the Binance Chain. It is the standard for this decentralized public blockchain.

ECO Token
ECO Token has been created under the BEP2 standard. It therefore requires a wallet than can accept BEP2 tokens.

BEP2 Wallets

Here is a list of some BEP2 compatible wallets and links on how to set them up. It is not an exhaustive list so if you have another preferred BEP2 compatible wallet, then you may also use this to receive and store ECO tokens. Ledger Nano is also another option as a cold storage solution which is always the most secure.

Trust Wallet
(https://trustwallet.com/)

This is a mobile wallet designed for iOS and Android. It is also the official wallet of Binance. For a video tutorial on how to set up, watch this YouTube video.

Enjin Wallet
(https://enjinwallet.io/)

This is a mobile wallet designed for iOS and Android. For a tutorial on how to set up, read this article. Please note this article refers to setting up from Google Play, but please know that you can also download and setup an iOS version also for Apple users.

Binance DEX Wallet
(https://www.binance.org/en)

This wallet is native to the Binance DEX website and is a secure, blockchain based interface that allows users to control their own private keys. For a tutorial on how to set up, visit this page.

Once you have set up a BEP2 wallet you will be able to receive ECO tokens and store them.

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