How To Get BEP20 Address In Trust Wallet? - Wealth Quint (2024)

Trust wallet is a mobile application used to store, manage and transact cryptocurrencies.

Moreover, it provides access to a fully functional web3 ecosystem used to create and access blockchains such as Binance Smart Chain (BSC).

Ethereum was the first attempt in creating an Internet computer running smart contracts with ERC20 native tokens.

BSC and its BEP20 token standard were built with ERC20 as the foundation and built itself further.

Now, it has several uses, and to access it, Trust Wallet can be used.

What Is Binance Smart Chain(BSC)?

Binance Smart Chain or BSC is a blockchain on which smart contracts run.

BSC works with or in line with Binance Chain.

Binance chain is the first blockchain of Binance that is used on its non-custodial exchange platform.

Binance Smart Chain was built with the aim to enhance it for fast trading on the non-custodial platform of Binance.

It took lessons from other developed projects based on Ethereum before it.

This allowed Binance to make a design more focused on preventing network congestion.

So, the Binance chain let go of expanded abilities.

Consequently, it had the ability to manage a high transaction throughput without any slack.

Due to this optimization, the Binance chain cannot support the launch of a fully-developed DEX.

Binance knew they had to make a new chain that particularly houses smart chains for automating transactions.

Hence, Binance Smart Chain was invented, which serves as the foundation for its DEX project.

What Is BEP20?

BEP20 is a standard used for creating tokens on Binance Smart Chain.

Tokens are valuable components of a blockchain-based system, Decentralised app (DApp), platform, or economy.

Tokens facilitate the movement of value and track activities on the blockchain.

So, they are a key to conducting many different kinds of transactions.

BEP stands for Binance Smart chain Evolution Proposal.

BEP20 is a token standard Binance created for Binance Smart Chain.

Binance Smart Chain is the smart contract platform, and it runs parallel to the original Binance Chain.

Also Read: How to Enable DApp Browser on Trust Wallet?

What Is The BEP20 Token Standard?

All smart chains have a standard token.

For Binance Smart Chain, it is BEP20.

It is quite similar to Erthereum’s ERC20 standard and builds further on it.

It sets rules that are followed by all tokens created on BSC.

So, All the tokens launched or created on the BSC platform follow the BEP20 token standard.

Examples of tokens include utility tokens, stable coins, and security tokens.

How To Find BEP20 Address On Trust Wallet?

Once you create a new account, you will have a smart chain wallet enabled by default.

If you can’t see it, you should search for “Smart Chain” in the search bar.

A list of enabled smart chain wallets will be shown.

Now the steps to find your BEP20 address on Trust Wallet are as follows:

Steps to find BEP20 Address on Trust Wallet:

  • Open your smart chain wallet.
  • Select “Receive.”
  • You will find your BEP20 address as well as the QR code.
  • Tap on “Copy” to copy the address for sharing or share the QR code.

How To Receive BEP20 Tokens?

You can receive BEP20 tokens with your BEP20 smart chain address.

  • Withdraw BNB from Binance.
  • Trust wallet supports BEP20 tokens.

Also Read: How to Backup Trust Wallet?

How To Send BNB To A Smart Chain Address?

Steps to Send BNB to a Smart Chain Address:

  • Open the smart chain wallet.
  • Select send.
  • Fill in the recipient address in the address field.
  • Enter the amount.
  • Tap on Send.

Can I Swap ERC20 To BEP20 On Trust Wallet?

Yes, you can swap ERC20 to BEP20 on Trust Wallet.

You just have to create a new wallet on Trust Wallet, click on BNB, and copy the address.

Then you withdraw the BEP20 tokens into your new wallet.

When the withdrawal is made, click on BNB in your wallet → more icon → swap to the smart chain.

Choose the values of the swap, accept and confirm.

Conclusion

BEP20 is a standard that is used to create tokens on Binance Smart Chain.

Trust wallet supports BEP20.

While making transactions, having the right address is extremely important.

Trust Wallet makes it easy to find your BEP20 address and use it for making transactions.

Also Read: Trust Wallet Identity Verification

Frequently Asked Questions

Is BEP20 The Same As BSC?

No, BSC or Binance Smart Chain is a blockchain that runs smart contracts.

BEP20 is a standard or one of the many smart contracts for creating tokens on BSC.

What Is The BSC Address In The Trust Wallet?

BSC is a blockchain that works parallelly with the Binance Chain to facilitate the creation of smart contracts and the staking mechanism for BNB.

Does Trust Wallet Support BEP20 Ethereum?

Yes, Trust Wallet supports BEP20 Ethereum.

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How To Get BEP20 Address In Trust Wallet? - Wealth Quint (2024)

FAQs

How do I get my BEP20 address on my trust wallet? ›

To find the address of your Binance smart chain in the trust wallet, all you have to do is search for the name of Smart Chain through the option to add tokens, so that if this token is disabled, we will activate it.

How do I copy my BEP20 address? ›

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.

What does BEP20 wallet address start with? ›

On the other hand, the BEP-20 tokens have wallet addresses that are quite similar to that of the Ethereum blockchain. You can notice that the wallet addresses for BEP20 tokens start with “x0” in the beginning, like Ethereum wallet addresses.

How do I get my BEP20 private key? ›

Step 1 - Get The Private Key

Tap on the Tools button at the upper right and then look for Private Key. After authenticating, you will see a list of assets. Tap on the asset where you have sent the BEP20 tokens. In this scenario, it was sent to the Ethereum (ETH) address.

What does BEP20 mean on trust wallet? ›

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.

What is BEP-20 network? ›

BEP20 is a Binance token standard which allows users to deploy fungible tokens or cryptocurrencies on BSC. More specifically, leading crypto assets on other chains can be transferred to the Binance smart chain in the form of pegged BEP20 tokens. Creating a token on the bsc platform is surpassingly easy.

What is the token address of BEP20? ›

0xB8c77482e45F1F44dE1745F52C74426C631bDD52 is the BNB BEP20 Token Address. Due to the similarities between ERC-20 for Ethereum and BEP-2 for BNB Beacon Chain, it is compatible with both.

Where is the smart chain address in trust wallet? ›

You may obtain your Smart Chain address by tapping on the Smart Chain you linked to your Trust Wallet tab. Select the “Receive” option to locate your deposit address. Either copy the address or scan the QR code to get BEP20 or BNB tokens in your wallet.

What is your BEP20 wallet? ›

What is a BEP20 Wallet? A BEP20 wallet is a digital cryptocurrency wallet that specifically supports tokens following the BEP20 standard on the Binance Smart Chain (BSC). The BSC is a blockchain designed for executing smart contract-based applications similar to Ethereum's ERC20.

Is ERC20 and BEP20 the same address? ›

Both ERC20 and BEP20 have the same deposit address, as BEP20 is a fork (aka a copy of the code) of ERC20. However, it is important to take a look at the networks that are supported by the platform you're withdrawing to.

What is the difference between BEP2 and BEP20 wallet address? ›

What is the difference between BEP2 and BEP20 on Binance? Essentially, BEP2 contributes to the core functionality of the blockchain, whereas BEP20 can be used as rewards or collectibles in applications that use tokenized assets.

How do I know BEP20 or ERC20? ›

The primary difference between the three most popular token standards is that of the underlying network. While ERC20 crypto tokens are based on the Ethereum blockchain, BEP20 tokens are built on BSC, and TRC20 tokens are based on the TRON blockchain.

How do I set up a BEP20 wallet? ›

How-to Create a BEP20 Token on Binance
  1. Step 1: Add Binance Smart Chain to your MetaMask. ...
  2. Step 2: Ensure sufficient BNB funds in wallet. ...
  3. Step 3: Connect Wallet to Token Tool. ...
  4. Step 4: Select Token Standard and Network. ...
  5. Step 5: Specify your Token's Features and Create Token. ...
  6. Step 6: Start your fundraising via token offerings.

How do I add a BEP20 wallet? ›

To create a BEP-20 wallet, you need to add Binance Smart Chain Network, you select the Networks section and select Add Network to create a new Network. In this section, you are required to fill in some parameters to create a Network BSC wallet: Network Name: Binance Smart Chain.

Can you recover BEP20 from Coinbase? ›

We will will unfortunately be unable to recover BEP20 tokens sent to a Coinbase Ethereum address.

How do I get my BSC wallet address on trust wallet? ›

Download the Trust Wallet here if you don't have a crypto wallet.
  1. To find your BNB Smart Chain (former BSC) address, follow these steps:
  2. Click [Create a new wallet] and back up the 12-word seed phrase. ...
  3. After creating a wallet, click [Smart Chain] - [Receive] to find your BSC address.

Is BEP20 a BNB chain? ›

Overview​ BEP20 is the BNB Smart Chain equivalent to the popular ERC20 specification for tokens on the Ethereum network. The difference is the BEP20 Token isn't run on the Ethereum Network, but the BNB Smart Chain network.

How do I add a smart chain to my trust wallet? ›

How to Set Up and Use Trust Wallet for BNB Smart Chain
  1. Download Trust Wallet here. ...
  2. Complete basic setup of a multi-coin wallet. ...
  3. Go to your Smart Chain wallet and press receive to find your address.
  4. Deposit BEP20 assets to your wallet. ...
  5. That's it!
Oct 29, 2020

What are BEP20 examples? ›

Owing to its similarity to BEP-20 and Ethereum's ERC-20, It is highly compatible with either meaning it is a Binance Smart Chain token standard but also works like the ERC20 standard in a lot of ways. Examples of BEP20 Tokens include ALPACA, ONUS, BSCPad, BURGERSWAP, JADE, VRT, and BridgeOracle.

Can a trust wallet hold BEP 20? ›

Trust Wallet supports BEP20 Tokens

BEP20 is similar to ERC20 tokens that are issued and implemented on the Ethereum blockchain.

Does Coinbase wallet support BEP20? ›

Coinbase does not support BEP2/BEP20 or Binance-pegged tokens and we do not have access to these funds.

How to convert tokens to bep20? ›

If you want to trade your ERC-20 tokens on a decentralized exchange such as PancakeSwap CAKE $2.546 ,you need to wrap them on Binance Bridge to convert them into BEP-20 assets(Binance Smart Chain token standard),It can then be used on Binance Smart Chain.

How do I find my tokens address? ›

The contract address can be found on the home page of the NFT collection or next to a particular NFTs token ID and other metadata. When buying an NFT, always make sure it features the same contract address as other NFTs in the collection.

How do I cash out my smart chain on Trust Wallet? ›

To withdraw money from Trust Wallet, users need to swap their tokens for Bitcoin or Ethereum, send them to a cryptocurrency exchange like Binance, sell them for fiat currency, and then withdraw the fiat currency to their bank account.

What chain is Trust Wallet on? ›

Trust Wallet is fully compatible with BNB Smart Chain DApps. ​ More DApps will be added on the built-in browser for convenience.

How do I select a network in Trust Wallet? ›

First, open the Trust Wallet app on your mobile device and click on the 'Settings' option located at the bottom right corner of the screen. Select the 'Networks' option, then click on the network you wish to switch to. Once you click on the network, Trust Wallet will automatically switch to the new network.

How do I change my ERC to BEP20? ›

If you want to trade your ERC-20 tokens on a decentralized exchange, such as PancakeSwap, you'll need to wrap them on the Binance Bridge to turn them into BEP-20 assets (Binance Smart Chain token standard), which can then be utilized on The Binance Smart Chain.

Can I transfer a token from ERC-20 to BEP20? ›

Can I send ERC20 to BEP20? Yes, Allbridge Core allows you to send native stablecoin assets between Ethereum and BNB Chain. The bridging process is simple and intuitive for newcomers.

Is it OK to transfer a coin from BEP20 to ERC-20? ›

Because the Bep20 and Erc20 token standards are similar in code structure and function with only a few differences, coins sent interchangeably to them are not gone forever; they can still be retrieved.

Are BEP20 addresses case sensitive? ›

The network is case-insensitive.

Is BSC the same as BEP20? ›

Though often used interchangeably, BSC and BEP-20 do not mean the same thing. BSC is a blockchain platform that was developed by Binance to add smart contracts and EVM compatibility to their ecosystem. BEP-20, on the other hand, is the native token standard for the BNB Smart Chain.

Which wallet support bep2? ›

The BEP-2 standard is also supported by hardware wallets, such as the Ledger Nano X, Ledger Nano S, Trezor Model T, or the Coolwallet S. You can browse all tokens that were issued on BNB Beacon Chain in the BNB Beacon Chain Explorer.

Is Coinbase bep20 or ERC-20? ›

What assets are supported on Coinbase Wallet? Coinbase Wallet supports thousands of tokens, including all ERC-20 tokens and all tokens on EVM-compatible chains, such as Avalanche C-Chain and Polygon. This includes stablecoins (like USDC and DAI) on all of Coinbase Wallet's supported networks.

What network does trust wallet use for BNB? ›

BNB operates on Binance Chain and the recently released Binance Smart Chain.

How much is BEP 20? ›

The live price of SONM (BEP-20) is $ 0.3371387 per (SNM / USD) with a current market cap of $ 14.97M USD. 24-hour trading volume is $ 9.26M USD. SNM to USD price is updated in real-time. SONM (BEP-20) is -10.85% in the last 24 hours with a circulating supply of 44.40M.

How do I send BEP20 from trust wallet to Coinbase? ›

1.Transfer BEP20 coins to Binance

Step 2:Access your wallet and select the deposit option. Step 3:Click on BNB and copy the deposit address of BEP20. Step 4:Now,log in to your Trust Wallet app. Step 5:Convert coins to BNB(Smart Chain).

Why doesn t Coinbase support BEP20? ›

BEP20 tokens have a similar address format as Ethereum and share the same properties of the ERC20 standard, however, they are not the same. BEP20 tokens are on a separate network, which Coinbase currently does not support.

How do I transfer BEP20 to Coinbase? ›

BEP20 needs to be transferred to BNB using DEX. The BNB needs to be exchanged to a stable BEP2 coin such as BUSD and into Binance. Buy USD or GBP in Binance, then buy Doge ERC20 and transfer to Coinbase.

What is the contract address for BEP20? ›

0xB8c77482e45F1F44dE1745F52C74426C631bDD52 is the BNB BEP20 Token Address. Due to the similarities between ERC-20 for Ethereum and BEP-2 for BNB Beacon Chain, it is compatible with both.

How can I get my address on trust wallet? ›

Find your public wallet address on Trust Wallet

On the homepage click 'Receive', then select for the blockchain that you used on Trust Wallet. At this point, you'll see a QR code with your wallet address. Hit the 'Copy' button to save the address to your clipboard.

Is BEP20 and BSC the same? ›

Though often used interchangeably, BSC and BEP-20 do not mean the same thing. BSC is a blockchain platform that was developed by Binance to add smart contracts and EVM compatibility to their ecosystem. BEP-20, on the other hand, is the native token standard for the BNB Smart Chain.

How do I create a BEP20? ›

How-to Create a BEP20 Token on Binance
  1. Step 1: Add Binance Smart Chain to your MetaMask. ...
  2. Step 2: Ensure sufficient BNB funds in wallet. ...
  3. Step 3: Connect Wallet to Token Tool. ...
  4. Step 4: Select Token Standard and Network. ...
  5. Step 5: Specify your Token's Features and Create Token. ...
  6. Step 6: Start your fundraising via token offerings.

What wallet accepts BEP20? ›

The Ledger Nano supports a wide range of BEP20 tokens, which you can easily manage them using the Ledger Live app. However, not all BEP20 tokens are fully supported in Ledger Live. You can use a wallet like Metamask with your Ledger device to manage any unsupported tokens.

Where is the smart chain address in Trust Wallet? ›

You may obtain your Smart Chain address by tapping on the Smart Chain you linked to your Trust Wallet tab. Select the “Receive” option to locate your deposit address. Either copy the address or scan the QR code to get BEP20 or BNB tokens in your wallet.

What network does Trust Wallet use for BNB? ›

BNB operates on Binance Chain and the recently released Binance Smart Chain.

What chain is BNB on Trust Wallet? ›

BNB is the native token of Binance Chain blockchain. BNB was created by Binance in 2017 as its utility token for discounted trading fees on the Binance Exchange. Today you can use BNB to pay for flights, hotels, NFTs, virtual gifts and more. Using Trust Wallet you can send BNB to anyone in the world.

Does Trust Wallet have its own address? ›

Trust Wallet creates a bridge between blockchains and their respective nodes. Every blockchain includes its own set of public addresses, where cryptocurrencies are encrypted and kept safe.

Is Trust Wallet a wallet address? ›

Trust Wallet provides a user with a unified wallet address that can be used to manage Ethereum and all ERC20 tokens. That means you can use the same address to participate in many airdrops, as well as to send and receive Ethereum.

What is the free address for Trust Wallet? ›

What Is Trust Wallet Free Token Contract Address? 0x4b0f1812e5df2a09796481ff14017e6005508003 is the trust wallet free token contract address.

What is the best BEP20 wallet? ›

MetaMask is a popular BEP20 wallet that is well-known in the cryptocurrency community. It is accessible to everyone since it is available as a browser extension and mobile app. It supports a variety of blockchains, including Ethereum and the BNB network.

How do I cash out my BEP20 on trust wallet? ›

To withdraw money from Trust Wallet to your bank account, you first need to swap the token for Bitcoin or Ethereum. Then, you must send the Bitcoin or Ethereum to a popular exchange that allows you to cash out your cryptocurrencies.

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