How to transfer Binance-peg ETH

[Dominic_19]

Hi How I can transfer binance-peg Crypto? I’ve Binance-peg ETH on my Trust Wallet and I’m currently unable to transfer it no matter what I do. Could you please help?

[iamdeadlyz]

Hello @Dominic_19,

You need Smart Chain BNB to cover network fees.

Blockchains that Require Network fees

Insufficient Fees? With Trust Wallet, you can send your funds anywhere they are supported. In principle, a small fee will always be required in one form or another before you can make transactions. Sending and making trades will all require fees in order to be processed. Trust Wallet does not charge any fees, this is mandated by the blockchain or the network where a token resides. This is explained further in this article: Cryptocurrency Network Fees. Important! Always check the compatibil…

Be informed that you have Binance-Peg Ethereum is a BEP20 token, not the native one. If you send it to an ERC20 only deposit address, you may likely lose it.

[Hello12]

I am also in the same situation. I am struck with Trust wallet. I tried to swap my Binance peg Ethereum to Ethereum or Binance chain. It didn’t work.

As you mentioned should I buy Smart Chain BNB separately and then transfer it back to Binance.

Convert them to BNB and then transfer it back to Trust wallet.

After which I can again swap BNB to BNB smart chain.

Is that how it works?

[iamdeadlyz]

You can do either of the following:

• Buy and withdraw Smart Chain BNB from Binance then send the Binance-Peg ETH back to your Binance account
• Buy and withdraw Smart Chain BNB from Binance then convert that Binance-Peg ETH to BNB and deposit it to your Binance account