How To Convert Ethereum To Bnb

The grass might not always really exist greener on the other side but it sure can be interesting. With different blockchains exploring dissimilar applications and strategies, bridging becomes extremely important for users looking to migrate their avails from one network to some other.

The Ethereum to BNB Chain bridge provides an essential utility for those wanting to expand their horizons by transferring to another chain. This guide aims to give yous the best methods for bridging Ethereum to BNB Chain and vice versa.

What is Bridging?

Bridging provides a way to transfer assets from one network to another. This solution fixes the problem of nigh crypto being designed to only work on one chain. And if you’re into decentralized finance (DeFi), bridges are something you lot’ll cross one way or some other.

Also, cheque our Full Bridging Guide.

Background

On Feb xv, 2022, the Binance Chain and Binance Smart Concatenation (BSC) merged to become the BNB Concatenation so if you searched for “how practise you bridge ETH to Binance Smart Chain,” you’ll probable terminate up with a “how to bridge Ethereum to BNB Chain” commodity like this. If non, then chances are that that post is either outdated or wrong.

Most people don’t know this but the BNB Chain is actually a hard fork of the Go Ethereum (Geth) protocol. Therefore, it shares many similarities with the Ethereum blockchain and naturally, there will exist many ways to migrate assets across both networks.

Where to Bridge Ethereum to BNB Concatenation

There are three primary bridges for Ethereum to BNB Chain (and vice versa):

  • Celer cBridge:
    We’ll be exchanging $ETH on the Ethereum network for $BNB on the BNB Chain.
  • Changelly:
    We’ll be buying $BNB or $BUSD directly on the BNB Chain with $ETH from our Ethereum network.
  • Centralized Exchanges:
    We’ll be sending $ETH to a centralized platform, swapping it directly for $BNB or $BUSD, then withdrawing it into a BNB Chain wallet.

Bridging Tokens and Stablecoins

Equally mentioned earlier, while a lot of cryptocurrencies are designed to work on i chain only, there are other tokens and stablecoins that are congenital with cross-concatenation back up. It is important to annotation, nonetheless, that using a bridge to transfer assets is still a safer style to motility crypto compared to sending it to another network straight.

How to Span Ethereum to BNB Chain with Celer cBridge

Celer cBridge is a great way to transfer assets from Ethereum to the BNB Chain. Bated from $ETH, you’ll as well exist able to catechumen stablecoins similar $USDT, $USDC, $BUSD, and more than.

For Celer cBridge, we suggest using a wallet with multi-internet capabilities like Metamask. You’ll have to add both the Ethereum mainnet and the BNB mainnet to your wallet if yous haven’t already.

If y’all don’t know how see the instructions here and then come up dorsum.

STEP i:
Go to cbridge.celer.network.

STEP 2:
Connect your wallet.

STEP 3:
Set the From field to ‘Ethereum’ and the To field to ‘BNB Concatenation’.

Bridging Ethereum to BNB Chain on Celer cBridge
Bridging Ethereum to BNB Chain on Celer cBridge

Step iv:
Select the type of crypto you want to ship (for this section, we’ll be sending $ETH).

Pace v:
Make certain you have enough gas fees and ship in a higher place the minimum corporeality.

STEP half-dozen:
Approve $ETH.

Pace vii:
Click on Transfer.

Step 8:
Confirm Transfer.

Pace 9:
Add the Ethereum to your BNB Chain mainnet by clicking the Add together Custom Token and entering the address below.

Token Contact Accost:

0x2170ed0880ac9a755fd29b2688956bd959f933f8

Footstep x:
Check to meet if your crypto has been transferred.

How to Span USDT from Ethereum to BNB Chain

STEP 1:
Go to cbridge.celer.network.

Pace 2:
Connect your wallet.

STEP 3:
Fix the From field to ‘Ethereum’ and the To field to ‘BNB Chain’.

Bridging USDT on Celer cBridge
Bridging USDT on Celer cBridge

Pace four:
Select the type of crypto you want to send (for this section, we’ll be sending $USDT).

Stride 5:
Make sure you lot have enough gas fees in $ETH and send in a higher place the minimum corporeality.

STEP 6:
Approve $ETH.

Stride 7:
Click on Transfer.

STEP viii:
Confirm Transfer.

STEP nine:
Add together the USDT to your BNB Chain mainnet by clicking the Add together Custom Token and entering the address below.

Token Contact Accost:

0x55d398326f99059ff775485246999027b3197955

STEP x:
Check to meet if your crypto has been transferred.

How to Bridge BNB Chain to Ethereum on Celer

If you want to send assets from the BNB Chain to Ethereum, all you need to do is reverse the “From” and “To” fields. Here’south how:

Footstep ane:
Go to cbridge.celer.network.

STEP 2:
Connect your wallet.

Stride 3:
Prepare the From field to ‘BNB Chain’ and the To field to ‘Ethereum’.

STEP 4:
Choose the cryptocurrency you lot want to ship.

Step v:
Replicate the next steps using the examples in a higher place.

BNB Chain to Ethereum on Celer

When to Utilize Celer cBridge to Span Ethereum to BNB Chain

The all-time time to utilise Celer cBridge is when you are using wallets with multi-chain back up similar Metamask.

Pros

  • Convenient
  • Decentralized
  • Easy step-by-pace process

Cons

  • You lot have to employ a wallet with multi-network back up
  • Has a minimum sending corporeality

How to Span Ethereum to BNB Concatenation with Changelly

Changelly gives yous unlike options when sending from Ethereum to BNB Chain; receiving $BNB or $BUSD. Each choice follows the aforementioned method.

ATTENTION: Before sending crypto with Changelly, make sure you are using a BEP20 wallet and are sending BEP20 tokens (not BEP2).

Pace ane:
Go to Changelly.

STEP two:
Choose between a Floating rate or Fixed rate.

A Floating rate gives you flexibility depending on price performance while a Fixed rate locks you in at a specific corporeality. For this tutorial, we’ll be using a Fixed rate.

Step 3:
Double-check the amount of $ETH you want to transport.

STEP 4:
Choose betwixt $BNB or $BUSD but make sure they are BEP20 options.

Bridging Ethereum to BNB Chain using Changelly
Bridging Ethereum to BNB Concatenation using Changelly

Step 5:
Enter a BNB Chain wallet address

Entering the wallet address

STEP 5:
Click on the Next step and deposit your payment.

STEP 6:
Wait for the funds to show up.

The same procedure applies if you want to use your $BNB, or $BUSD to buy $ETH.

Floating vs Fixed Rate
Floating vs Fixed Rate

When to Use Changelly to Span Ethereum to BNB Chain

Changelly is a good option when you want a user-friendly way to transfer crypto from 1 wallet to another. Information technology’s of import to note that Changelly is a centralized span but is nevertheless an okay option when your wallet doesn’t have multi-network support.

Pros

  • Can transfer crypto from ane wallet to another
  • Option of $BNB, $BSC, and $BUSD

Cons

  • Requires a minimum amount to be sent
  • Not decentralized
  • Tin be expensive

How to Span Ethereum to BNB Concatenation with Centralized Exchanges

One thing a lot of crypto enthusiasts and professionals have in common is that they exercise non back up using centralized exchanges. Despite this, centralized exchanges are however 1 of the easiest means to bridge Ethereum to the BNB Chain at faster speeds and lower fees.

The good thing almost Ethereum and the BNB Concatenation is that they support pairs like $ETH/$BNB or $ETH/$BUSD.

Step 1:
Go to your called substitution and select “receive cryptocurrency” or other similar options.

STEP ii:
Alter the settings to receive $ETH.

Step three:
Copy the address and code.

STEP 4:
Get to your crypto wallet.

Pace 5:
Click on Send.

Footstep 6:
Enter the address you lot copied earlier (enter the code if needed).

Footstep 7:
Send your funds.


Pace 8:
When the funds arrive in your business relationship, exchange your $ETH directly for $BNB or $BUSD through the $ETH/$BNB or $ETH/$BUSD pair.

STEP 9:
Go to your wallet and withdraw your chosen crypto.

Footstep 10:
Enter your BNB Concatenation wallet address.

Stride 11:
Withdraw your $BNB or $BUSD from the centralized exchange to your wallet.

When to Utilize Centralized Exchanges to Bridge Ethereum to BNB Chain

Centralized exchanges are all-time used if you want to directly convert your $ETH to $BNB or $BUSD at a low cost and if you already have an substitution account. Creating an account takes a bit of time.

Pros

  • Directly swap $ETH for $BNB or $BUSD
  • Faster sending times (depending on the blockchain)
  • Cheap fees

Cons

  • Non decentralized
  • Requires KYC (handing over your personal information)

Join our newsletter as we build a community of metaverse and web3 pioneers.

The next 3-5 years is when new industry titans will emerge, and nosotros want y’all to be one of them.

Benefits include:

  • Receive updates on the well-nigh significant trends
  • Receive crucial insights that will help you stay ahead in web3
  • Admission whitelist spots of the well-nigh hyped NFT drops
  • The adventure to exist part of our OG community, which volition have exclusive membership perks


By signing up, yous agree to our Privacy Policy agreement.

Source: https://metaroids.com/learn/how-to-bridge-ethereum-to-bnb-chain-and-vice-versa-a-complete-guide/

Check Also

Will Dogecoin Go Up In Value

Will Dogecoin Go Up In Value

On Dec. 6, 2013, Billy Markus and Jackson Palmer decided to combine their dearest of …