In today's video I will show you how to convert your bnb coins to binance smart chain bnb (bep-20) so that you can participate in Binance Smart Chain Defi.
1. Download the Trust Wallet
2. Create multi Coin wallet
3. Back up your private keys and store in safe location.
4. Click on bnb and then receive to get your address. NOTE!!! It should have an address that starts with bnbXXXXXXXX
5. Send test transaction of coins from exchange to your trust wallet bnb address.
6. Once verified that funds are received, repeat the process sending over all your coins.
7. Once all your coins are received, click on the 3 dots (more).
8. Click on Swap to Smart Chain.
9. Input amount to convert. NOTE !! Be sure to leave some bnb in your wallet for gas!!!! So don't swap 100% of bnb
10. Wait for smart chain coins to arrive.
11. Send Test transaction of Smart Chain BNB to metamask or binance smart chain wallet. NOTE, make sure your metamask or binance smart chain wallet is ON THE CORRECT NETWORK,,, IE BINANCE SMART CHAIN.
12. NOTE! When you send your smart chain bnb the address should look like an ethereum address ie 0xxxxxxx
13. Once you verify reciept, repeat proccess with the rest of your smart chain coins.
14. Boom your in! go to pancake or other bsc defi and enjoy.
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This YouTube Channel does not or in anyway represent itself as a registered broker, analyst, investment advisor or anything of that sort. Everything that we provide on this site is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. Trading and investing in cryptocurrencies (also called digital or virtual currencies, crypto assets, altcoins and so on) involves substantial risk of loss and is not suitable for every investor. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk.
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