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Author Topic: I have BinanceChainNativeToken in Kucoin, can I withdraw to BEP2 and BEP20 too?  (Read 65 times)
mirek92 (OP)
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March 22, 2022, 09:56:50 AM
 #1

Hello,
In my Kucoin wallet I have Binance Chain Native Token.
If I amd in withdrawal page there are options to witdraw it as BEP-20 or BEP-2.
I would like to ask, If I choose same option with my withdrawal adress will be trasnaction successful?

I am aksing because in this time, it time, BNB is only on one blockchain...

Thanbk you for reply.
hosseinimr93
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March 22, 2022, 11:05:09 AM
 #2

BEP20 refers to tokens on Binance Smart chain. BEP2 refers to tokens on Binance chain.
Note that since BEP20 and BEP2 tokens have different address format, the withdrawal won't be processed at all if you select a wrong chain.
BEP20 addresses start with 0x and BEP2 addresses start with bnb.

I am aksing because in this time, it time, BNB is only on one blockchain...
You are right. But binance have issued BNB on their smart chain too. That's pegged to BNB on binance chain.

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masterrex
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March 22, 2022, 11:18:25 AM
 #3

Hello,
In my Kucoin wallet I have Binance Chain Native Token.
If I amd in withdrawal page there are options to witdraw it as BEP-20 or BEP-2.
I would like to ask, If I choose same option with my withdrawal adress will be trasnaction successful?

I am aksing because in this time, it time, BNB is only on one blockchain...

Thanbk you for reply.

Based on your OP, you have a Binance Chain native token, in your Kucoin wallet which is of course a Bep2 token as you explain it as a Binance native token and you want to withdraw it, In Kucoin I believe it was supported both BSC Bep20 and Binance chain's Bep2 just make it sure that you choose the right network before withdrawing it to be exact.

The Binance has two active tokens Bep2 and Bep20 and also has two different blockchains namely " Binance Chain and Binance SmartChain." with also different address formats BSC address start with 0x123*** and the Binance chain's address start with bnb123***

BigBos
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March 22, 2022, 11:19:12 AM
 #4

mr hosseinimr93 explained it well.
when you make a withdrawal, you can see if they support BEP2 and BEP20 or not. because, as far as I know, when you make a withdrawal on an exchange, before you do that, you will see options like ERC20, BEP, BEP20, TRX, and so on. select the network you want before making a withdrawal.
asriloni
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March 22, 2022, 01:47:20 PM
 #5

Hello,
In my Kucoin wallet I have Binance Chain Native Token.
If I amd in withdrawal page there are options to witdraw it as BEP-20 or BEP-2.
Both were totally different. BEP 20 means it was on the binance smartchain and BEP 2 means if that's on the binance native chain. Both have different address. You must be careful with try to pick one of them. Try to use BEP 20 is the best rather than BEP 2



I would like to ask, If I choose same option with my withdrawal adress will be trasnaction successful?
[/quote]So what's your withdrawal address. I meant you have 2 withdrawal address
that's for BSC chain and binance native chain.

I am aksing because in this time, it time, BNB is only on one blockchain...

Thanbk you for reply.
Wrong, BNB is still in the two blockchain. You must be careful when choosing these.

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raidarksword
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March 22, 2022, 01:50:58 PM
 #6

Yes you can withdraw it directly, you just have to use the right network upon withdrawing which the bep2 network to be exact. At first I am also confused at the time though which one is correct network because at that time binance smart chain was already introduced. Just remember BNB native is BEP2 and BSC is a BEP20 for binance smart chain.

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