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How to Migrate Your BEP2 Assets to BEP20

Published on: Apr 29, 2024Updated on: May 21, 2024
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In Brief

Discover how to migrate your BNB Beacon Chain (BEP2) assets to BNB Smart Chain (BEP20) easily using Trust Wallet.

How to Migrate Your BEP2 Assets to BEP20

As announced by the BNB Chain team, BNB Beacon Chain (BEP2) will be deactivated (sunset) in the coming months. To avoid asset loss, users who hold assets on the BNB Beacon Chain using Trust Wallet are encouraged to migrate those assets over to the BNB Smart Chain (BEP20).

This guide will show you how to migrate your assets on the BNB Beacon Chain over to the BNB Smart Chain, using Trust Wallet.

Key Takeaways:

Trust Wallet users who hold assets on the BNB Beacon Chain (BEP2) are encouraged to migrate those assets to the BNB Smart Chain (BEP20), to ensure the safety of their funds.

Users can use either the Trust Wallet mobile app or browser extension to migrate their assets. Trust Wallet will continue to update users as the BNB Chain team carries out the sunsetting process.

Before you continue, ensure you have the most updated version of Trust Wallet, to ensure you can migrate your assets. Download-Trust-Wallet-Button.png

Before you begin migration, important note on transaction (gas) fees

Please note that migrating your BEP2 assets to BEP20 requires BNB on the Beacon Chain (BEP2) to cover any transaction (gas) feesUnderline. Without BNB on BEP2 to cover transaction fees, swapping assets from BEP2 to BEP20 will not work. In the event that you do not have BNB on BEP2 you can purchase it within Trust Wallet via our trusted partners.

Here’s how:

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How to migrate your assets using the Trust Wallet mobile app

Please note: You'll need BNB on BEP2 for any transaction (gas) fees associated with migrating your tokens. Therefore, if you have multiple assets to migrate outside of BNB, we suggest that you migrate BNB last to ensure you can cover any transaction fees.

bep20-migration-sunset-3.png

bep20-migration-sunset-2.png

And that’s it. You’ve migrated your BNB Beacon Chain (BEP2) asset over to the BNB Smart Chain (BEP20), using the Trust Wallet mobile app.

Important note: If you have any remaining assets on the BNB Beacon Chain, repeat the steps above for each one.

How to migrate your assets using the Trust Wallet browser extension

Please note: You'll need BNB on BEP2 for any transaction (gas) fees associated with migrating your tokens. Therefore, if you have multiple assets to migrate outside of BNB, we suggest that you migrate BNB last to ensure you can cover any transaction fees.

bep20-migration-sunset-1.png

And that’s it. You’ve migrated your BNB Beacon Chain (BEP2) asset over to the BNB Smart Chain (BEP20), using the Trust Wallet browser extension.

Important note: If you have any remaining assets on the BNB Beacon Chain, repeat the steps above for each one.

For further information on the sunset plans for BNB Beacon Chain, be sure to check out the official communications from the BNB Chain team.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.

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