Swap ERC20 to BEP20

Support & Feedback English
1

Hi,

I need to swap ETH in something like BNB but I can’t use a wallet like binance, fees required for transfert are above 85$, it is insane.

Do you have another way to convert ?

2

Learn more here:

  1. https://community.trustwallet.com/t/what-is-an-eth-gas-fee/116
  2. https://community.trustwallet.com/t/why-is-my-eth-transaction-fee-so-high/30604
3

Hi @Alan47, I am just now realizing BEP20 low tx fees - (1) is it less secure to use this network? Or has there been cases where BEP20 txs got lost?

If I receive ERC20 USDTs and want to swap to BEP20 USDTs, is this possible with Trustwallet - would you happen to know much is the swapping costs?

4

Hello @hududed BEP20 network is secure and no loss of assets unless you send to wrong address.

It is not possible to swap ERC20 to BEP20 USDT directly on Trust wallet.

5

Thanks - I read that BEP20 network has low costs as low as 1 USDT but for one particular tx, the fees comparing the same tx in ERC20 and BEP20 show 20 USDT and 13 USDT, respectively. Do you have any insight on fee variability on BEP20? perhaps guide how best to optimize this fee (when to best submit txs)?

6

Hello @hududed transaction fees are not static, they change according to network conditions. BSC fees are usually < 1$.

You can use the following trackers to check current gas fees:-

Also, when sending from trust wallet, app will automatically calculate and display the gas fee no need to set manually.