Bitcoin Forum

Just swapped my BNB to mainnet from https://coinswitch.co/bnb-swap/  there was no fee charged and it was a 1:1 swap.

My question is what is the deadline to swap all BNB that I am holding or is it ok to hold the old BNB without swapping?

There shouldn´t be any fees.
And I thought that holding BNB tokens on Binance means automatical swap.

Maybe it is for people who hold their bnb tokens on their mew wallet (that doesn't make sense a lot). Also there would be a fee for gas on ethereum i think.

Afaik, there's no deadline given yet. Binance said that you can still hold your ERC20 based BNB, but the use of it would be for a limited time only. I highly suggest to those who holds BNB ERC20 token to swap their coins to BNB mainnet so that there won't be any problem in the future (like miss the swap).

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Yes it is. If you hold your ERC20 BNB tokens on Binance.com, you don't need to worry about it.

Accurate info about the swap can be found here: Binance Chain Mainnet Swap 关于币安链（Binance Chain）主网切换的说明 바이낸스 커뮤니티 분들께 (https://community.binance.org/t/binance-chain-mainnet-swap-binance-chain/1094)

i think there is no time limit for everyone that has BNB in ETH wallet, and as you know that if you deposit/hold your BNB in binance it will be swapped automatically into the new BNB

I think there is no deadline yet, anytime you want to swap is alright.
But you should swap your token to BNB coin in their own chain, because we might be not knowing the latest information about that.

I suggest you can ask directly to the binance admin or BNB team, because those who have the full policy are them, and there may be a sudden change in regulations that I don't know.

If I keep bnb tokens on erc20, then nothing will happen to them? I mean, they won't burn? I dont want to send them to the exchange to store them.

I think there is no deadline to swap BNB token until now, or you can check it here: https://binance.zendesk.com/hc/en-us/articles/360027291331. It's better to ask your question on telegram binance group to get the better answer. I'm still holding the erc20 tokens though, i will swap it too soon.

There is no deadline, but they recommend doing it within 90 days.
Here are the official explanations about this:
https://community.binance.org/t/binance-chain-mainnet-swap-binance-chain/1094

It so simple and if binance was putting a deadline and that will become a scam. Some may not aware about this and the binance will never close the swap until the whole of BNB ERC will be swapped to the binance blockchain coin.

It's not yet even written by CZ. But it may better to swap it if you can.

True, better not put a deadline so others who failed to convert will still have a chance to swap.
I own BNB tokens but wasn't aware of this until I see this thread, people like me who holds a lot of tokens might failed to monitor our coins on a timely manner.

No referral link whatsoever from you, all I see is a shilling method and it's a very good one keep it up, I know very much that you are part of the team involved in this project,  but what I don't know for sure is why you are trying to advertise your project without us knowing that you own it or you are part of the project, I think you should be proud of what is yours, it's just an advice what did I know. 

So it is for the people holding their BNB on mew. But why are you doing so?

If you don't trust exchange, this is an exchange token. If the exchange gets compromised token will have no value at all.

I would use trusted sources and in my opinion the most trusted source of BNB exchange is Binance, because I would never trust any third party exchange a token swap of such a valuable token. Go through Binance and everything is going to be awesome.

I also think if hold BNB on Binance will swap the coins automatically, and not need to do nothing, only if want to withdraw to wallet after it can be done, now with their main net i think the price will grow.

After 90 days what will happen? BNB on ERC20 will be deleted? And where can I keep new BNBs?

I think it's okay to hold ERC20 BNB. You can also be able to swap it on Binance for better security. Just send your BNB to your Ethereum wallet on your Binance account and then it will be automatically swapped to Binance Chain and when you want to withdraw it you can't send it to ethereum wallet anymore.

That's so easy for those who still holds their coins inside ethereum based wallets, send it inside your binance account then it will automatically be swapped, remember those usage for this coin, launchpad for new IEO's or lesser fees each time you trade inside binance exchange,.