Guide of Recovering BEP-20 Tokens from Non-BSC Wallets

Recovering BEP-20 tokens from non-BSC wallets can be a tricky process, but with the right steps, it’s possible to get your tokens back. This guide will walk you through the process of recovering your BEP-20 tokens from a non-BSC wallet.

If you’ve ever accidentally sent BEP-20 tokens to a non-Binance Smart Chain (BSC) wallet, you might think that your tokens are lost forever. But don’t worry, there are ways to recover your tokens. In this guide, we’ll show you the steps to recover your BEP-20 tokens from a non-BSC wallet.

Guide of Recovering BEP-20 Tokens from Non-BSC Wallets

BEP20 tokens can not be recovered from a non-BSC wallet address if mistakenly sent. However, when talking about the recovery of a BEP20 token from a non-BSC wallet we tend to be more careful in explaining the process of recovering so as not to mislead readers. Below are steps you should take when you find yourself in such a situation.

• When you send a BEP20 token to a non-BSC wallet, all you have to do is to add the BEP20 token contract address to the wallet you sent your BSC token to.
• This can be achieved by going to the wallet “ADD TOKEN OPTION” input the BEP20 token contract address and the token information will be shown once the contract address has been inputed.
• Once this is done you will see your BEP20 token longside the price in USDT. However, If the wallet does not support the Binance smart chain, then you will lose your token forever.

Comparison of different options for cashing out BEP-20 tokens

Stablecoin comparism

Stablecoin method of cashing out a BEP20 token seems better to most cryptocurrency traders or investors, but it has its own flaw. When your BEP20 token is converted to a stablecoin there are 10% probability that such stablecoin might de-pegged as this have been seen in different times when the crypto market is very volatile (down-trends) The likes of BUSD, USDT Tether and USDC, had there own share of de-pegging by 1%.There was a case report where LUNA-USD stablecoin de-pegged to zero, This was in the case of Do-Kwon the founder of “LUNA”. Bank method of cashing out your BEP20 tokens on any exchange still remains the best.

Bank Comparison

Bank method of cashing out from any cryptocurrency exchange remains the best of all times, it is 99% guaranteed that you will receive your funds directly to your bank account if all bank details and information are filled out correctly. This soley depends on the cryptocurrency exchange you trade on, if they support a direct bank withdrawal method then you are good to god. 

 Check if your BEP-20 tokens are supported by the non-BSC wallet

For you to know if your BEP20 token is supported by a non-BSC wallet address all you have to do is for you to check if an option is provided for the BSC (BNB) coin or (BSC) token. For clarity the BNB coin is the native coin of the Binance ecosystem, while the BSC token is built to serve as the token for gas fees on the Binance ecosystem. They both have the same wallet address because they are built on the same chain. If the wallet has these tokens then be assured that it supports the BSC network, but if it doesn’t do not send your BEP20 token to such a wallet.

 Import your non-BSC wallet into a BSC-compatible wallet

All you need to do is for you to import your non-BSC wallet by installing a BSC compatible wallet on your smartphone or through an extension, Then copy your non-BSC recovery keys and paste those keys on the newly intalled BSC compatible wallet to ensure they are correct. When this is done you will be able to send or receive  your BSC tokens at ease with no stress attached.You want to check out this link for more information.

How to Recover My BEP-20 Tokens from Non BSC-Compatible Wallets | Binance Support 

Transfer your BEP-20 tokens to a BSC wallet

To transfer your BEP20 token to a BSC wallet all you need to do is to import the BEP20 to which you want to transafer onto the BSC wallet, by adding the BEP20 token contract address on the BSC network. When that is done click the “import” or “Add” button option below, after that your BEP20 token will be added to the BSC wallet. You can now copy the BEP20 token wallet address and pest it on the wallet address section… This is when you are transferring from another wallet or a centralized exchange to your BSC wallet. Confirm the transaction after inputting the amount you wish to send, ensure all transaction details are all correct and they are on the BSC network to avoid loss of funds. When this is done “click” on the “send” button and confirm your transaction on the BSC wallet, the token might take up to 2-3 secs to arrive on the receiving wallet. 

About RoboFi

Robofi is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

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