Binance Enables BNB Deposits and Withdrawals via Binance Smart Chain

Binance.com will now support BNB deposits and withdrawals via Binance Smart Chain. Users will be able to see BSC BNB in their BNB withdrawal and deposit options, and can create BSC wallets to receive BSC BNB withdrawals.

Note: Please do NOT deposit via cross-chain transfer from Binance Chain directly into the BSC deposit address. It will not be credited to your account. This will be improved in future release but for now, you should directly deposit into a Binance Chain deposit address.

With the successful launch of Binance Smart Chain (BSC), BNB will begin serving as the native token on this new blockchain. BNB will flow between Binance Chain and Binance Smart Chain natively in a decentralized way, and the value will always stay at a 1:1 ratio. You can now use a beta version of a Firefox add-on to create wallets on BSC.

For further information on Binance Smart Chain, please refer to our blog post about its mainnet launch.