Open your MetaMask and add BNB Smart Chain from the list of networks. You can also use a dedicated cryptocurrency wallet like MetaMask. To swap USDT for some other cryptocurrency on the same chain, you can use Binance, Coinbase, or any other crypto exchange that supports BEP20 addresses. How to swap USDT (BEP20) on the BNB Smart Chain The fee for transferring USDT on the BNB Smart Chain is 0.29 USDT. Keep in mind that the transfer fee changes depending on the network you choose. Enter the transfer (withdrawal) amount and click “ Withdraw ” to complete the transfer. It can be on the BNB Smart Chain Network, or any support blockchain. Select USDT as the coin you’ll be transferring and enter the address you wish to transfer your USDT to. Step 3: Enter the destination blockchain address and the transfer amount Next, find USDT and click on the three dots on the far right side of the scree. Step 2: Search for USDT from the list of available cryptocurrencies On the Binance homepage, click on the “ Wallet ” drop-down menu and select “ Fiat and Spot ”. You can transfer it to some other BEP20 wallet address, or to Ethereum, or any other support network. Now that you’ve successfully deposited Tether to the BNB Smart Chain using Binance, you’ll have the option to transfer it to some other address. How to transfer USDT (BEP20) on the BNB Smart Chain After the deposit is complete, the funds will be accessible by using any crypto wallet that supports BSC or by accessing it via the Binance Spot Wallet. After selecting the coin and the network, copy the deposit address and use it to deposit your assets. For the purposes of this guide, we are depositing Tether (USDT) to the BNB Smart Chain (BSC). Next, select the coin or token you wish to deposit and the network you wish to transfer it to. Step 3: Select BNB Smart Chain as the destination network This will allow you to transfer your existing digital assets to the blockchain network of your choice. Proceed by selecting the “ Deposit Crypto ” option. Step 1: Head to the Binance homepage and deposit TetherĬlick on the yellow “ Deposit ” button on the Binance homepage. If you are sending your USDT from another network, the USDT you sent will be automatically converted to the BEP20 version of USDT. The easiest way to deposit USDT on the BNB Smart Chain is to register an account on Binance if you don’t already have one and deposit Tether to the BNB Smart Chain network. How to deposit USDT (BEP20) on the BNB Smart Chain In this article, we are going to show you how to deposit, transfer, and swap the BEP20 version of Tether using Binance and MetaMask. BEP20 is a token standard that expands on Ethereum’s ERC20, being more flexible in terms of token generation and cheaper to use due to lower gas fees. Tether on the BNB Smart Chain is known as USDT BEP20. Tether can be deposited, transferred, and swapped on the BNB Smart Chain (BSC) as well. As of 2023, Tether supports 15 different blockchains natively, including Ethereum, Tron, and Solana. Tether (USDT) is the most widely used and liquid stablecoin in the crypto market.
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