How to easily convert your ERC20 to the BEP20 chain using Binance
We are seeing crazy GAS prices lately on the Ethereum Network, specially with DeFi gaining more and more popularity. This makes contract interactions to cost several hundred dollars sometimes!
For this reason, during the 1st Round of the RGP token Presale we are not supporting the ETH chain. But, there’s an easy and relatively quick solution to convert your USDT/BUSD from the ETH (Erc20)to the Binance Smart Chain.
You just need to have and account at Binance. Or register one.
Once you got your account and passed the KYC requirements (needed to enable withdrawals), you just need to deposit the amount of USDT/BUSD you want to convert to Bep20 to your Binance account wallet.
Here you can find full info about KYC verification at Binance: https://www.binance.com/en/support/articles/360027287111-How-to-Complete-Identity-Verification
After your deposit is confirmed, you will see your USDT/BUSD in your Binance wallet. Then, on the Withdraw section of your Binance App, you can just withdraw to a Bep20 external wallet to your choice by selecting the respective transfer network, Binance Smart Chain (BSC) in this case. Same applies for BUSD. Withdrawal fees are very low, usually just a few cents.
And voila! You have converted your Erc20 to Bep20 with no hassle and now you can avoid the enormous ETH network fees and purchase RGP with minimal fees: https://buy.rigelprotocol.com/buyRGP
Check our Presale Lucky Draw Event, you can be among the winners!
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