BEP20 network & Dogecoin Question

[dogecoin]

Hello,

So when transferring dogecoin from Binance I noticed the transaction fee was 5 dogecoin. ($5aud)

I decided to transfer it through the bep20 network as the cost was much cheaper ($0.60 aud)
(aka bep…scp on the Binance app.)

So after going through duck tumble & roll process to figure out how to transfer the dogecoin back to Binance, I have the following question.

As my purchase was done through the smartchain network, I do not see much support for transferring and withdrawing dogecoin.

An example of of no smartchain support are with An Australian bitcoin platform, such as Coinspot.

For future case’s if I decide to transfer Dogecoin from the Trust Wallet to Coinspot, this is not possible & not supported).

I would have to transfer the money back to Binance. After the transfer back to Binance I will transfer this money to Coinspot, would I select dogecoin as the network through Binance? (In order for the transfer to work sucesssfully)

Any thoughts & ideas will be greatly appreciated.

[iamdeadlyz]

Hi @dogecoin,

@dogecoin

I would have to transfer the money back to Binance. After the transfer back to Binance I will transfer this money to Coinspot, would I select dogecoin as the network through Binance? (In order for the transfer to work sucesssfully)

If Coinspot won’t support Binance Smart Chain by the time you are trying to withdraw, then yes, you need to select Dogecoin/Dogechain as the network.

[dogecoin]

@iamdeadlyz

Correct. Binance Smart Chain was launched last year. You can learn more here: https://academy.binance.com/en/articles/an-introduction-to-binance-smart-chain-bsc

Thanks. Exactly what im after.

[iamdeadlyz]

Correct. Binance Smart Chain was launched last year. You can learn more here: An Introduction to BNB Smart Chain (BSC) | Binance Academy