What’s the difference between BEP-20 and ERC-20?ĮRC-20 and BEP-20 are token standards that describe specific rules and technical guidelines for tokens. It may not be possible to recover your funds.īefore working on a solution, it’s worth understanding what’s happened to avoid the same problem in the future. You sent the tokens to a custodial wallet or crypto exchange.Īsk your wallet provider for help or the exchange’s customer service. You will need to access your private key to import into a wallet that supports both.ģ. You sent the tokens to a wallet that only supports either BSC or Ethereum. You can send the tokens back to the correct network on Binance.Ģ. You sent the tokens to a wallet that supports BSC and Ethereum. There are three different situations, each with its own solution:ġ. If you’ve sent ERC-20 tokens (like ETH) using BNB Smart Chain (BSC) or sent BEP-20 tokens via the Ethereum network, you should be able to retrieve them. With this information, you can then try out our three possible solutions. If you can access your private key or seed phrase, you have a non-custodial wallet. If you have sent your crypto to the wrong blockchain, it’s essential to figure out the type of wallet you sent them to.

Technically, that will depend on which token standard you are using, such as ERC-20, BEP-20, or BEP-2. In short, you should choose the same network as the one used by the target receiving wallet. Which one do you pick when withdrawing your crypto to another wallet? Even seasoned HODLers are sometimes puzzled about choosing the correct blockchain for their transactions. If you’ve been making withdrawals from Binance, you’ve probably noticed that some coins have different transfer networks available. In this case, contact your wallet’s support team to see if they can help. If your wallet only handles ERC-20 or BEP-20, you will need to import your wallet’s private key into a new wallet that supports both blockchains.ĭepositing to the wrong blockchain in your Binance account, another crypto exchange, or custodial wallet is more tricky to resolve. If the crypto wallet you deposited into supports BEP-20 and ERC-20 tokens, you can send your crypto back to Binance with a few simple steps. It’s easy to confuse BNB Smart Chain ( BEP-20 ) with Ethereum ( ERC-20 ) and send your tokens to the wrong blockchain.

When withdrawing or depositing crypto into your Binance account, pay careful attention to the network you choose.

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