BEP20 wallet

The best cold wallet for your BEP20 tokens

Secure your BEP20 tokens with the most trusted cold wallet. Cold storage wallets are encrypted devices that store your BEP20 tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.
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How to use BEP20 tokens with Ledger

What is BEP20 tokens?

The BEP20 token standard is a derivative of the ERC20 token standard, commonly used on Ethereum. It is specifically designed for the BNB Smart Chain (BSC).

BEP20 tokens serve as representations of various types of cryptocurrencies that do not possess their own dedicated blockchain but are built on the BNB Smart Chain (BSC) platform. The concept behind BEP20 was to establish a technical framework for the BNB Smart Chain, offering developers a versatile format to create and launch a wide array of tokens. These tokens can symbolize diverse assets, ranging from ownership shares in businesses to stored dollars in a secure bank vault.

What is a BEP20 wallet?

An BEP20 wallet is a wallet that lets you manage BEP20 compliant tokens.

To store and manage coins from the BNB Smart Chain (BSC) blockchain, you need a compatible cryptocurrency wallet.

Whether you’re looking to keep your tokens safe and HODL or manage them on a daily basis, Ledger has the right product for you.

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Ledger Live App

Ledger Live App is a gateway to managing your assets, staking and earning passive income, checking your real-time balance, tracking transaction histories, and more.

How to create a BEP20 wallet?

01

Get a Ledger Nano

Select and purchase a Ledger crypto wallet of your choice. Beginner in the crypto world? Get started with Nano S Plus. Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano

Compare Ledger cryptocurrency wallet

02

Download and install what could be the best app for crypto: Ledger Live

Download and install Ledger Live in a couple of clicks. Ledger Live is a app to buy crypto for desktop & mobile that enables you to set up a Ledger device and manage your coins.

Download Ledger Live

03

Add BNB to your portfolio

Install BNB on your Ledger Nano:

  1. Open Ledger Live and navigate to Manager.
  2. Connect and unlock your Ledger device.
  3. Search for BNB in the app catalog and click Install.

04

Create a BNB account in Ledger Live:

  1. Open Ledger Live and head to Accounts.
  2. Click Add account.
  3. From the drop-down menu select BNB.

You’re all set to receive BEP20 tokens!

Buy, Manage, and Swap BEP20 tokens at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can buy, send/receive and swap BEP20 tokens.

*Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

Buy BEP20 tokens

You can purchase BEP20 tokens through our partners with a credit card or bank transfer. BEP20 tokens will be automatically sent to your Ledger device.

  • Head over to Buy/Sell.
  • In the dropdown menu, select a BEP20 token and click Continue.
  • Choose one of the three payment providers—Coinify, MoonPay or Ramp—and follow the instructions.

Buy BEP20 tokens

Stake BEP20 tokens

Stake BEP20 tokens directly through Ledger Live while keeping the tokens safe in your Ledger Nano.

Stake BEP20 tokens

Swap BEP20 tokens

Swapping allows you to test out different cryptocurrencies, protect assets from volatility, and diversify your portfolio. Through Ledger Live, you can swap one token for another without using fiat currencies.

  • Head over to Swap.
  • On the Exchange page, select the accounts that you want to swap.
  • Enter the desired amount and click Exchange.
  • Connect and unlock your Ledger device.
  • Follow the instructions to confirm the swap.

Swap BEP20 tokens

1

The best way to keep your BEP20 coins secure

Secure multiple assets, including BEP20 tokens using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

NEW

LEDGER NANO S PLUS

Protect your BEP20 assets with the first and only independently-certified BEP20 wallet on the market.

Discover our Nano S Plus
Ledger Nano X

BEST SELLER

LEDGER NANO X

The Ledger Nano X is a Bluetooth-enabled secure and CES award-winning device that protects your BEP20 assets.

Discover our Nano X

Choice of 5,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

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Frequently Asked Questions

Binance Smart Chain (BSC) is a blockchain platform developed by the cryptocurrency exchange Binance. It was launched in September 2020 as a parallel blockchain to the existing Binance Chain. BSC is designed to provide a decentralized platform for creating and executing smart contracts, similar to Ethereum.

Binance Smart Chain utilizes a dual-chain architecture, which means it operates with the Binance Chain. While Binance Chain focuses on providing fast and secure trading of cryptocurrencies, BSC enhances the ecosystem by enabling the creation of decentralized applications (dApps) and the execution of smart contracts.

One of the primary goals of Binance Smart Chain is to offer high performance and low transaction fees, making it an attractive option for developers and users. It achieves this by utilizing a consensus mechanism called Proof of Staked Authority (PoSA), where a set of validators is elected to validate transactions and produce new blocks.

BSC supports the Ethereum Virtual Machine (EVM), which is compatible with most Ethereum tools, dApps, and smart contracts. This compatibility allows developers to easily port their projects from Ethereum to BSC, leveraging its lower fees and faster transaction confirmation times.

The native cryptocurrency of Binance Smart Chain is called Binance Coin (BNB), which is used for various purposes within the ecosystem, including paying transaction fees, participating in token sales, and staking for yield farming.

Overall, Binance Smart Chain aims to provide a scalable and efficient blockchain platform that supports decentralized finance (DeFi) applications, decentralized exchanges (DEXs), and other innovative projects in the blockchain space.

BEP20 is a token standard on the Binance Smart Chain (BSC), similar to the ERC20 standard on the Ethereum blockchain. A BEP20 address is a unique identifier to receive, store, and send BEP20 tokens on the Binance Smart Chain.

A BEP20 address is a string of alphanumeric characters, typically represented in a hexadecimal format. It usually starts with the prefix “0x” and is 42 characters long. Each BEP20 token holder has a unique address associated with their BSC wallet.

It’s important to note that BEP20 addresses are case-sensitive, so even a tiny change in letter casing can result in a different address. Therefore, it’s crucial to double-check and accurately copy the address when sending or receiving BEP20 tokens to avoid any loss or error.

Ledger is one of the most popular wallets that are known to support BEP20 tokens on the Binance Smart Chain.

To find your Ledger BEP20 address on the Binance Smart Chain, all you have to do is :

  1. Open Ledger Live.
  2. Connect your Ledger device and open the Binance Smart Chain (BSC) app on your Ledger device
  3. Navigate to the Accounts tab, click the Add account button, select Binance Smart Chain (BNB), and click Continue.
  4. Once a BSC account is added, navigate to the Receive tab, select your BSC account, and click Continue. Ledger Live and your Ledger device will display your Binance smart Chain address.
  5. Verify this address on your device and click Confirm. This address can be used to deposit BNB or BEP20 tokens.

A BEP20 wallet app is a mobile/web or desktop application designed to store, manage, and interact with BEP20 tokens.

A BEP20 wallet app like Ledger Live provides users with a secure and user-friendly interface to store and manage their BEP20 tokens. It typically generates a unique address for each user, which serves as their wallet address. Users can use this address to receive BEP20 tokens from others or transfer tokens to other addresses on the BSC network.
Additionally, a BEP20 wallet app often includes features such as transaction history, token balance tracking, and the ability to connect with decentralized applications built on the Binance Smart Chain. This allows users to interact with various DApps and perform actions such as trading, staking, or participating in token sales directly from their wallet app.

BEP2 and BEP20 are two different token standards used in the BNB Beacon Chain and BNB Smart Chain networks. The primary distinction lies in their respective functionalities. BEP2 serves as a protocol exclusively designed for native transactions within the BNB Beacon Chain, whereas BEP20 operates as a protocol tailored for smart contract transactions within the BNB Smart Chain. Consequently, BEP2 is better suited for straightforward transfers of tokens and assets, while BEP20 offers support for more intricate features such as token staking, decentralized exchanges, and NFTs. Both protocols provide notable levels of security and scalability, but each possesses its own set of advantages and disadvantages.

Ultimately, both BEP2 and BEP20 tokens offer reliable and secure solutions to transfer digital assets. Still, depending on your needs, one may be more suitable than the other. Here’s the difference between the two:

  1. Blockchain Network:
    • BEP2: BEP2 tokens are used on the BNB Beacon Chain, which is the native blockchain of the Binance exchange.
    • BEP20: BEP20 tokens are used on the BNB Smart Chain (BSC), which is a parallel blockchain to the BNB Beacon Chain and offers smart contract functionality.
  2. Token Functionality:
    • BEP2: BEP2 tokens are typically used for simple token transfers and basic token functionalities. They do not support complex smart contracts.
    • BEP20: BEP20 tokens are fully compatible with the Ethereum Virtual Machine (EVM) and support smart contracts. They can be used for more advanced token functionalities, such as decentralized applications (DApps) and decentralized finance (DeFi) protocols.
  3. Address Format:
    • BEP2: BEP2 tokens use a different address format than BEP20 tokens. BEP2 addresses start with “bnb” followed by a series of alphanumeric characters.
    • BEP20: BEP20 tokens use the same address format as Ethereum’s ERC-20 tokens. The addresses start with “0x” followed by a series of alphanumeric characters.
  4. Interoperability:
    • BEP2: BEP2 tokens are specific to the BNB Beacon Chain and are not directly interoperable with other blockchain networks.
    • BEP20: BEP20 tokens are compatible with the Ethereum network and can be easily transferred to and from Ethereum using bridges or token swap services.
  5. Token Ecosystem:
    • BEP2: BEP2 tokens are mainly associated with the Binance exchange and its ecosystem. They are used for trading, paying transaction fees, and participating in token sales on Binance Launchpad.
    • BEP20: BEP20 tokens are widely used in the BNB Smart Chain ecosystem, including various DeFi protocols, DApps, token sales, and liquidity pools.

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