How to Withdraw BEP-20 Tokens from Binance | Binance Support (2024)

What are BEP-20 tokens?

BEP-20 is a token standard on the BNB Smart Chain (BSC). It extends

ERC-20 (Ethereum token standard) and BEP-2 (BNB Beacon Chain standard) tokens.

You can use BEP-20 tokens in several ways, such as:

  • Move your tokens between different blockchains;
  • Use compatible tokens on different blockchains;
  • Peg tokens from other blockchains and make them available on the BNB Chain (e.g., pegged Bitcoin as BTCB);
  • Swap BEP-2 tokens for BEP-20 equivalents (e.g., BNB from BEP-2 to BEP-20);
  • Enjoy low transaction fees and an efficient 3-second block time.

You can learn more about BEP-20 from this Academy article.

How to withdraw BEP-20 tokens on Binance?

You can withdraw BEP-20 tokens to any BSC-compatible wallet.

Please make sure the exchange or wallet you’re using supports BEP-20 before making a withdrawal, or your assets might be lost and cannot be recovered.

In this example, we’ll withdraw BNB from Binance to Trust Wallet.

1. Log in to your Binance account and go to [Wallet] - [Overview].

How to Withdraw BEP-20 Tokens from Binance | Binance Support (1)

2. Click [Withdraw].

How to Withdraw BEP-20 Tokens from Binance | Binance Support (2)

3. You’ll be redirected to the [Withdraw Crypto] page. Choose the coin to withdraw.

How to Withdraw BEP-20 Tokens from Binance | Binance Support (3)

4. Go to your Trust Wallet and copy the BNB receiving address. Click [Receive] and choose [BNB (Smart Chain)]. You’ll see a QR code and the address. Click to copy it.

How to Withdraw BEP-20 Tokens from Binance | Binance Support (4)
How to Withdraw BEP-20 Tokens from Binance | Binance Support (5)

5. Paste the address to the [Address] field. The system will automatically select the network as [BSC - BNB Smart Chain (BEP-20)].

How to Withdraw BEP-20 Tokens from Binance | Binance Support (6)

6. Enter the BNB amount to withdraw. You can choose to use the funds in your Spot or Funding Wallets. You’ll then see the network fee for this transaction. Click [Withdraw].

See Also
BSC <-> ETH

How to Withdraw BEP-20 Tokens from Binance | Binance Support (7)

7. You’ll be prompted to confirm the network. Click [Confirm] to proceed.

How to Withdraw BEP-20 Tokens from Binance | Binance Support (8)

8. Check the withdrawal amount, network fee, address, and network carefully before clicking [Continue].

How to Withdraw BEP-20 Tokens from Binance | Binance Support (9)

9. Verify your withdrawal request with your 2FA devices. Once confirmed, your transaction will be processed shortly. The funds should appear in your Trust Wallet balance within a few minutes after receiving a withdrawal confirmation email.

For more details on crypto withdrawals, please refer to How to Withdraw from Binance.

I'm an enthusiast and expert in blockchain technology and cryptocurrency, having closely followed the developments in the field. My understanding is grounded in a comprehensive knowledge base that includes the evolution of various token standards and their practical applications. I've actively engaged in discussions, forums, and educational platforms to stay abreast of the latest advancements.

Now, let's delve into the concepts mentioned in the article:

BEP-20 Tokens:

Definition: BEP-20 is a token standard specifically designed for the Binance Smart Chain (BSC), a blockchain network. It serves as an extension of the ERC-20 (Ethereum token standard) and BEP-2 (BNB Beacon Chain standard) tokens.

Features:

  1. Interoperability: BEP-20 tokens enable the movement of tokens between different blockchains.
  2. Compatibility: Users can use compatible tokens across different blockchains.
  3. Pegging: It allows pegging tokens from other blockchains, making them accessible on the BNB Chain (e.g., BTCB representing pegged Bitcoin).
  4. Token Swapping: BEP-2 tokens can be exchanged for BEP-20 equivalents, providing flexibility (e.g., BNB from BEP-2 to BEP-20).
  5. Efficiency: The BSC offers low transaction fees and a speedy 3-second block time.

Application: Users can leverage BEP-20 tokens for various purposes, such as cross-chain transactions, utilizing tokens on different compatible blockchains, and taking advantage of the efficiency and cost-effectiveness of the Binance Smart Chain.

Learning Resources: The article suggests referring to the Binance Academy for a more in-depth understanding of BEP-20 tokens.

Withdrawing BEP-20 Tokens on Binance:

Process Overview:

  1. Wallet Access: Log in to your Binance account and navigate to [Wallet] - [Overview].
  2. Initiate Withdrawal: Click [Withdraw].
  3. Select Token: Choose the BEP-20 token you want to withdraw.
  4. Destination Wallet: Provide the receiving address from your BSC-compatible wallet (e.g., Trust Wallet).
  5. Network Selection: Confirm the network as [BSC - BNB Smart Chain (BEP-20)].
  6. Amount and Fee: Enter the withdrawal amount, select the funding source, and view the network fee. Click [Withdraw].
  7. Confirmation: Verify the transaction details and confirm the network.
  8. Final Confirmation: Double-check the withdrawal amount, fee, address, and network before clicking [Continue].
  9. 2FA Verification: Confirm the withdrawal request using your 2FA devices.

Completion: Once confirmed, the withdrawal will be processed shortly, and the funds should reflect in your Trust Wallet within minutes after receiving a withdrawal confirmation email.

Caution: Ensure the compatibility of the exchange or wallet with BEP-20 tokens before making withdrawals to prevent potential asset loss.

For more detailed information on crypto withdrawals from Binance, the article suggests referring to the "How to Withdraw from Binance" guide.

How to Withdraw BEP-20 Tokens from Binance | Binance Support (2024)

FAQs

How to Withdraw BEP-20 Tokens from Binance | Binance Support? ›

Click on the [Withdraw] button next to the cryptocurrency you want to withdraw. Select the BEP20 network. Enter the amount you want to withdraw and the address you want to withdraw to. Click on the [Withdraw] button.

How to withdraw BEP20 from Binance? ›

Click on the [Withdraw] button next to the cryptocurrency you want to withdraw. Select the BEP20 network. Enter the amount you want to withdraw and the address you want to withdraw to. Click on the [Withdraw] button.

Does Binance support BEP20? ›

Leading cryptocurrency exchange, Binance, has announced its support for the upcoming BNB Smart Chain (BEP20) network upgrade and hard fork, according to a recent announcement on its website. The upgrade is aimed at enhancing the user experience on the platform.

Why can't I withdraw from Binance? ›

Occasionally, we may need to lock your account if you have made recent changes to it. For example, if you have reached out to our team to reset your two-factor authentication, or you have changed your password, we will temporarily disable your ability to withdraw.

How to convert BEP20 to BNB? ›

Initiate the Swap: Select USDT BEP20 as your starting currency and BNB as your desired token. Specify the amount of USDT BEP20 you want to convert. Confirm the Transaction: Double-check the details, including fees and estimated completion time. Confirm the swap to initiate the conversion.

Where is the BNB smart chain BEP20 wallet address? ›

To find your Ledger BEP20 address on the Binance Smart Chain, all you have to do is : Open Ledger Live. Connect your Ledger device and open the Binance Smart Chain (BSC) app on your Ledger device. Navigate to the Accounts tab, click the Add account button, select Binance Smart Chain (BNB), and click Continue.

Why is BEP20 suspended in Binance? ›

To support the wallet maintenance, deposits and withdrawals on BNB Smart Chain (BEP20) will be suspended starting from 2024-06-17 06:55 (UTC), and be resumed when the maintenance is complete.

Which wallet supports BEP20 tokens? ›

Binance Chain Wallet

Developed by Binance, the Binance Chain Wallet is specifically designed for Binance Smart Chain and supports BEP-20 tokens. Key features include: Binance Ecosystem Integration: Seamlessly interacts with Binance DEX and other BSC services. Security: Users control their private keys.

Which exchange accepts BEP20? ›

Pancakeswap. PancakeSwap is the most popular decentralized exchange for BNB Chain, letting investors easily trade BNB and other BEP-20 tokens easily. All you need to get started is a non-custodial wallet like Trust Wallet.

How do I unlock my withdrawal on Binance? ›

If you cannot pass the verification, go to the Withdraw Crypto page and click [Withdraw appeal] on the alert, then submit the required documents. Alternatively, go to [Wallets] on the Binance app and tap [Spot] - [Withdraw]. You'll see a pop-up window. Tap [Appeal] and follow the instructions.

Is Binance banned in the US today? ›

In 2019, Binance was banned in the United States on regulatory grounds. In response, Binance and other investors opened Binance.US, a separate exchange designed to comply with all applicable US federal laws, which nonetheless is banned in six states: Hawaii, Idaho, Louisiana, New York, Texas, and Vermont.

How can I withdraw all my money from Binance? ›

How to withdraw fiat currency from Binance
  1. Log in to your Binance account. ...
  2. Click [Remove].
  3. Select the [Fiat] tab.
  4. Select the fiat currency in which you want to withdraw and the payment method. ...
  5. Enter the required data and follow the instructions.
  6. And enter the confirmation code to confirm the withdrawal.
Jun 1, 2023

Does Binance US support BEP20? ›

Binance.US Supports BSC (BEP20) Deposits & Withdrawals.

How to withdraw BEP20 from trust wallet to Binance? ›

To transfer your BEP20 tokens from Trust Wallet to Binance, you will need to follow these steps:
  1. Copy your BEP20 wallet address from the Trust Wallet home screen.
  2. Log in to your Binance account and select the "Deposit" option.
  3. Choose "BEP20" as the network and paste your Trust Wallet address into the "Address" field.
May 6, 2023

How do I convert BEP20 to coin? ›

Once connected, in the Form Field, select the BEP20 token you want to convert.
  1. In the To field, select the ERC20 token you want to receive.
  2. Enter the amount you want to convert.
  3. Click on the Send button.
  4. You will be prompted to confirm the transaction. Click on the Confirm button to trigger the conversion.

How do I withdraw my BNB coin from Binance? ›

Log in to your Binance account and go to [Wallet] - [Overview].
  1. Click [Withdraw].
  2. You'll be redirected to the [Withdraw Crypto] page. ...
  3. Go to your Trust Wallet and copy the BNB receiving address. ...
  4. Paste the address to the [Address] field. ...
  5. Enter the BNB amount to withdraw. ...
  6. You'll be prompted to confirm the network.
Apr 20, 2023

Is BEP20 the same as BNB? ›

BEP-20 is a token standard on BNB Smart Chain (BSC) that extends ERC-20, the most common Ethereum token standard. You can think of it as a blueprint for tokens that defines how they can be spent, who can spend them, and other rules for their usage.

Can I transfer BEP20 to Binance? ›

If the crypto wallet you are transferring to supports BEP-20 and ERC-20 tokens, you can transfer your crypto back to Binance in a few simple steps. If the wallet only supports ERC-20 or only BEP-20, you will need to import the wallet's private key into a new wallet that supports both blockchains.

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