Cryptocurrency
How to Migrate Your BEP2 Assets to BEP20
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In Brief
Discover how to migrate your BNB Beacon Chain (BEP2) assets to BNB Smart Chain (BEP20) easily using Trust Wallet.
As announced by the BNB Chain team, BNB Beacon Chain (BEP2) will be deactivated (sunset) in the coming months. To avoid asset loss, users who hold assets on the BNB Beacon Chain using Trust Wallet are encouraged to migrate those assets over to the BNB Smart Chain (BEP20).
This guide will show you how to migrate your assets on the BNB Beacon Chain over to the BNB Smart Chain, using Trust Wallet.
Key Takeaways:
Trust Wallet users who hold assets on the BNB Beacon Chain (BEP2) are encouraged to migrate those assets to the BNB Smart Chain (BEP20), to ensure the safety of their funds.
Users can use either the Trust Wallet mobile app or browser extension to migrate their assets. Trust Wallet will continue to update users as the BNB Chain team carries out the sunsetting process.
Before you get started, ensure you have the most updated version of Trust Wallet, to ensure you can migrate your assets.
How to migrate your assets using the Trust Wallet mobile app
Note: You'll need BNB (BEP2) for any transaction (gas) fees associated with migrating your tokens. Therefore, if you have multiple assets to migrate outside of BNB, we suggest that you migrate BNB last to ensure you can cover any transaction fees.
Open the Trust Wallet mobile app and select the BEP2 asset to migrate.
Select “Swap” on the asset’s details page.
Select “Swap to BNB Smart Chain”.
Choose the maximum amount to swap by selecting “Max”, then select “Continue”.
Review the details and then select “Confirm”.
And that’s it. You’ve migrated your BNB Beacon Chain (BEP2) asset over to the BNB Smart Chain (BEP20), using the Trust Wallet mobile app.
Important note: If you have any remaining assets on the BNB Beacon Chain, repeat the steps above for each one.
How to migrate your assets using the Trust Wallet browser extension
Note: You'll need BNB (BEP2) for any transaction (gas) fees associated with migrating your tokens. Therefore, if you have multiple assets to migrate outside of BNB, we suggest that you migrate BNB last to ensure you can cover any transaction fees.
Open the Trust Wallet browser extension and select the BEP2 asset to migrate.
Select “Migrate” on the asset’s details page, then select the “Migrate” again on the pop-up dialog.
Review the details and then select “Confirm”.
And that’s it. You’ve migrated your BNB Beacon Chain (BEP2) asset over to the BNB Smart Chain (BEP20), using the Trust Wallet browser extension.
Important note: If you have any remaining assets on the BNB Beacon Chain, repeat the steps above for each one.
For further information on the sunset plans for BNB Beacon Chain, be sure to check out the official communications from the BNB Chain team.
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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.