Tether (USDT) dominates the stablecoin market as the most widely adopted and liquid option. In 2024, Tether expanded its support to 12 blockchains, including Ethereum, Tron, and Solana. This guide focuses on USDT BEP20—Tether's implementation on the BNB Smart Chain (BSC)—a cost-efficient alternative to Ethereum's ERC20 standard with lower gas fees.
Key Features of USDT BEP20
- Blockchain: Operates on BSC via the BEP20 token standard.
- Contract Address:
0x55d398326f99059ff775485246999027b3197955. - Interoperability: Redeemable 1:1 for official USDT through Binance.
- Caution: Never send BEP20 USDT to an ERC20 address—irreversible loss may occur.
👉 Start trading USDT BEP20 on Binance today
How to Deposit USDT (BEP20) on BSC
Step-by-Step Deposit via Binance
- Log in to Binance: Navigate to the "Deposit" section.
- Select Crypto Deposit: Choose "Deposit Crypto" and pick USDT.
- Set Network: Select "BNB Chain (BEP20)" as the destination.
- Complete Transfer: Use the generated address to send funds. Minimum deposit: 0.01 USDT.
Pro Tip: Funds from other networks auto-convert to BEP20 upon arrival.
Transferring USDT (BEP20) on BSC
Withdrawal Process on Binance
- Access Wallet: Go to "Fiat and Spot" under the Wallet menu.
- Locate USDT: Click "Withdraw" next to your USDT balance.
- Enter Details: Input the recipient’s BEP20 address and amount.
- Confirm: Pay the 0.33 USDT network fee and approve the transaction.
Note: Always verify the recipient’s network compatibility.
Swapping USDT (BEP20) on BSC
Using MetaMask for Token Swaps
- Add BSC to MetaMask: Follow our BNB Chain integration guide.
- Initiate Swap: Click "Swap" in MetaMask and select USDT as the input.
- Choose Output Token: Pick your desired token (e.g., BNB).
- Execute Trade: Review gas fees and confirm the swap.
👉 Optimize swaps with low fees on Binance
USDT BEP20 FAQs
What distinguishes USDT BEP20 from ERC20?
- Network: BSC vs. Ethereum.
- Issuer: Binance-backed (BEP20) vs. Tether-official (ERC20).
How do I convert BEP20 USDT to ERC20?
Use Binance, PancakeSwap, or cross-chain bridges for seamless conversion.
Is BEP20 USDT secure for long-term holdings?
While functional for transactions, long-term storage carries added counterparty risk via Binance’s redemption system.
Final Thoughts
USDT BEP20 unlocks $3.5 billion in liquidity across BSC’s DeFi ecosystem. Ideal for traders and DeFi users, it combines Tether’s stability with BSC’s affordability. For optimal security, use non-custodial wallets like MetaMask or Trust Wallet.
Ready to explore BSC’s potential? Dive into DeFi with USDT BEP20.
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