Can you name one of the token that support on both ethereum and binance smart chain network ?
USDT, DAI etc does support both network.
As i know, the contract address of the token on ethereum and bsc can't be created with the same address.
for example the token on ethereum network has address A, then you can't create the token on BSC with address A because it is always create a random address when you create the contract.
It does create the same deposit address, if you're familiar with this trust wallet and Binance you'll see that they provide the same deposit wallet address for ERC20 and BEP20 ETH and token but the smart contract addess are different. Ask people who are used to Trust wallet or Binance.
Facepalm.
You can't send any token/coin from a different chain before you bride the token/coins into a pegged token but you must sure the token/coin is supported on that chain. Your tutorial is complete miss understanding, If your ETH still on ETH chain and you switch the chain by using same address your ETH still on ETH chain you will not see your fund on BSC because you don't do it a bridge transfer into pegged ETH on BSC chain.
I think you're here to criticize the thread I create than to note out the area I need to amend because i never said the token or coin on ETH chain will be visible on BSC chain. Do you even reaf this carefully "Now you can use your ETH address to receive and send any BEP20 or ERC20 supported cryptocurrency
that's on the BSC chain but you'll still need to add the coin smart contract address using the "Add Token" before the balance of the BEP20 deposit can be visible."
No, this is a bit wrong. You can't send for example ERC20 DOT from your ERC20 private wallet to BEP20, for another receiver, it won't go through even though DOT exist in both BEP20 and ERC20, they now run on different chain. On ERC20, ETH is the gas fee, on BEP20, BNB is the gas fee, while ERC20 is onchain while BEP20 is offchain. However, the bridge service of Safepal can be use for this, just migration. Secondly, you can send from Binance ERC20 tokens that already exist in BEP20 to your BEP20 private wallet. But never use this option to deposit in other exchanges, as most exchanges don't support this, if you try this without checking if the receiving exchange supports it, your fund won't be deposited and it will be loss.
Gosh!
Do you guys even read to undertand what I posted cause you're the one who's misunderstanding here.
"NOTE: You need to be careful when sending out the transaction (especially to an exchange) so you won't send out transaction out using BEP20 to an ERC20 wallet"
