SWAP your ERC-20 QBX to BEP-2 QBX
Dear qiibeeans
Last week, we announced our Binance DEX approval by all the Binance chain validators which we are very excited about. In the meantime we’ve worked on the listing and have setup a guideline for you, on how to migrate your Ethereum qiibee tokens to the Binance Chain. Although this may sound complicated at first, it’s quite a simple process.
qiibee’s ERC-20 tokens will therefore be migrated to BEP-2 QBX tokens and then be tradable on the Binance DEX. To migrate your ERC-20 QBX successfully to BEP-2 QBX do please follow these steps:
Guideline: Swap QBX ERC20 to QBX BEP2
Please be aware, that this is a guide for the first version of the bridge. qiibee will build a second version in a later step and enable other features. Keep in mind that the first version is a one-way bridge. You can only swap QBX ERC20 to QBX BEP2. The second version will then also allow to swap your QBX BEP2 back to QBX ERC20.
Make sure you have a Binance wallet
In order to swap your QBX ERC20 tokens into QBX BEP2 tokens, you need to have a Binance DEX account/wallet. If you do not have a Binance wallet yet, please follow this guide and create one on binance.org.
Step 1: Go to “SWAP QBX ERC20 to QBX BEP2” section
In the settings section (three dots at the top right corner of the app) you find the “SWAP QBX ERC20 to QBX BEP2” button. Click on the button to start the conversion.
Step 2: Input amount and Binance wallet address
First, input the amount of QBX ERC20 tokens you want to swap to QBX BEP2 token.
Then, get your Binance wallet address on binance.org in the Balances section and copy paste it into the field inside the qiibee app. You can also use the QR-code scanner within the qiibee app and scan the QR-code displayed in the Balances section on Binance. This way you don’t need to type in your whole wallet address and can avoid typos.
Step 3: Ready to swap your QBX ERC20 to QBX BEP2
Click on the “SWAP QBX” button and trigger the conversion.
- You will need ETH to cover the transaction fees (GAS).
Step 4: You’re done!
Once you hit SWAP, the success screen will appear to let you know that it worked. You can now see your QBX BEP2 in your Balances on binance.org and can start trading! (Please note that it can take some time to actually get displayed on Binance DEX).
Should you have any questions, feel free to reach out via qiibee’s telegram channel: t.me/qiibee or write us an email at: welcome@qiibee.com and otherwise, HAPPY SWAP :)
