If you’re looking for a guide on how to convert Ethereum to BNB on Trust Wallet, you’ve come to the right place. In this article, we’ll walk you through the process step-by-step.
Sending your Ethereum (ETH) to Binance and then converting it for their coin is called a “swap.” The best place to trade ETH for Binance Coin is on the Binance cryptocurrency exchange, which has all the advantages.
Steps of how to convert Ethereal to BNB on Trust Wallet
1. Before everything, you must create a Binance account, and you can do it on their App from your smartphone.
2. After setting up your account, you need to find your Binance wallet ETH address. (The address of your wallet is the only way you have to send, sell or buy cryptocurrencies.)
3. Make sure you use the correct ETH address, and send the amount of ETH you want to convert to Binance. You can check the estimated value in BNB to see if it is correct. If you mistake your wallet address, you may lose your funds.
4. Deposit the exact amount of Ethereum you wish to swap on Binance. You will then see your funds appear as Ethereums in your profile.
5. Go to the Binance Convert page. Choose the Ethereum / BNB trading pair to proceed. This is where you swap ETH to BNB.
6. Type in the amount of ETHs you want to swap. Hit the convert button and confirm your action.
7. Wait a few minutes for the transaction to be processed, and you will receive your BNB in your trust wallet. That’s it. You`ve done the process, and you can now send your BNB tokens to any crypto wallet you want.
Converting Tips
There are no swapping fees on Binance, but the converting price is a bit higher than the market price. That`s why you need to keep an eye on the ETH/BNB exchange rate before deciding. You may want to compare multiple exchange options to see which one suits you the most.
