How to Change BNB to Smart Chain on Binance: A Step-by-Step Guide

　　Binance, one of the largest cryptocurrency exchanges in the world, offers a wide range of digital assets for trading. Among these assets, BNB (Binance Coin) is a popular choice for many users. However, some users may want to switch their BNB from the Binance Chain to the Binance Smart Chain (BSC) for various reasons. In this article, we will guide you through the process of how to change BNB to Smart Chain on Binance, step by step.

　　1. Understanding Binance Chain and Binance Smart Chain

　　Before we dive into the process of transferring BNB from Binance Chain to Binance Smart Chain, it's essential to understand the differences between the two.

　　Binance Chain is the native blockchain of Binance, designed to handle high throughput and low transaction fees. It supports the BNB token and various decentralized applications (DApps) built on top of it.

　　On the other hand, Binance Smart Chain (BSC) is a separate blockchain that aims to provide a scalable and secure platform for DApps. It is compatible with Ethereum Virtual Machine (EVM), allowing developers to deploy smart contracts and DApps with ease.

　　2. Reasons to Switch to Binance Smart Chain

　　There are several reasons why you might want to switch your BNB from Binance Chain to Binance Smart Chain:

　　- Lower transaction fees: BSC offers significantly lower transaction fees compared to Binance Chain, making it more cost-effective for users.

　　- Faster transaction speeds: BSC boasts faster transaction speeds, which can be beneficial for users who need to send or receive BNB quickly.

　　- EVM compatibility: BSC is compatible with Ethereum Virtual Machine, allowing developers to deploy their Ethereum-based DApps on the platform.

　　3. How to Change BNB to Smart Chain on Binance

　　Now that you understand the reasons for switching to Binance Smart Chain, let's go through the process of transferring your BNB from Binance Chain to Binance Smart Chain.

　　Step 1: Log in to your Binance account

　　First, log in to your Binance account using your username and password. If you haven't set up two-factor authentication (2FA), it is highly recommended to do so for enhanced security.

　　Step 2: Navigate to the "Funds" section

　　Once logged in, click on the "Funds" tab at the top of the page. This will take you to the page where you can view and manage your assets.

　　Step 3: Select "Withdraw"

　　In the "Funds" section, locate the "Withdraw" tab and click on it. This will display a list of all the assets you can withdraw from your account.

　　Step 4: Select BNB

　　Scroll down the list of assets and click on "BNB" to select it. This will open a new window with the withdrawal options for BNB.

　　Step 5: Enter the recipient address

　　In the "Recipient Address" field, enter the address of the Binance Smart Chain wallet where you want to receive your BNB. Make sure to double-check the address to avoid sending your BNB to the wrong wallet.

　　Step 6: Enter the amount

　　Enter the amount of BNB you wish to transfer to the Binance Smart Chain. Keep in mind that you will not receive the exact amount due to network fees and potential slippage.

　　Step 7: Confirm the transaction

　　Review the details of your transaction, including the recipient address, amount, and network fees. Once you are satisfied, click on the "Withdraw" button to initiate the transaction.

　　Step 8: Wait for the transaction to be confirmed

　　After initiating the transaction, you will need to wait for it to be confirmed on the Binance Smart Chain. The time it takes for the transaction to be confirmed can vary depending on the network congestion and the current fees.

　　Step 9: Check your Binance Smart Chain wallet

　　Once the transaction is confirmed, you can check your Binance Smart Chain wallet to see that your BNB has been successfully transferred.

　　4. Conclusion

　　Transferring BNB from Binance Chain to Binance Smart Chain is a straightforward process that can be completed in just a few steps. By following the guide provided in this article, you can enjoy the benefits of lower transaction fees, faster speeds, and EVM compatibility on the Binance Smart Chain.

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