BEP-20 Wallet
BEP-20 Wallet on CEX.IO : For iOS, Android, and Desktop Users
Are you searching for the best BEP-20 wallet? We know it may take time to find a reliable option, so we designed a secure online wallet for BNB Smart Chain tokens. This guide will tell you how to use the CEX.IO Wallet and how to store and manage your BEP-20 tokens safely on any device.
Read our easy guide and create your BEP-20 Wallet today!
BEP-20 Wallet for All Devices
Many people meet BEP-20 tokens when they explore fast and low-cost transfers. BEP-20 is the token standard on BNB Smart Chain, the network built by Binance. Developers use it to launch coins that run on this chain, and popular assets like CAKE live here. When you hold a token on BNB Smart Chain, you hold a BEP-20 token. People who buy BEP-20 tokens often wonder where to keep them safely. The best way to do that is to find a reliable crypto wallet. CEX.IO offers a highly secure and convenient wallet app. In our guide, we will talk about what features the safest BEP-20 wallet should have and how you can create an easily accessible BEP-20 wallet on CEX.IO.
Types of wallets for keeping digital assets
Crypto wallets are similar to traditional wallets, but conventional ones keep paper money. Crypto wallets hold virtual currency. So if you do not know where to store your digital assets, think of creating a crypto wallet on CEX.IO.
Digital wallets for cryptocurrency come in various formats, and each format has its own benefits in convenience and security. But regardless of the format, the protection of your funds remains your responsibility. Keep the passwords that give you access to your digital wallet highly protected.
What are BNB Smart Chain and BEP-20 Wallets?
BNB Smart Chain is a blockchain that works much like Ethereum, so developers can move their smart contract code to it with small changes. BEP-20 is the token standard on this chain. It mirrors the rules of Ethereum tokens, which makes the two networks familiar to the same developers. Every BEP-20 wallet also holds BNB, the coin that pays the network fees.
A BEP-20 wallet is a wallet that supports BNB Smart Chain and holds the tokens built on this standard. So if you look for storage for your BEP-20 tokens, you just need a wallet that works with this network. CEX.IO supports many BEP-20 tokens, and you can view prices, convert, buy, and sell them right on the platform.
CEX.IO BEP-20 Wallet
CEX.IO Wallet is a product designed to securely store BEP-20 tokens, BNB, BTC, ETH, and other virtual currencies, and to easily manage your funds.
Unlike most standalone BEP-20 wallets, this one lets you buy supported tokens by simply using your card. You can also sell your digital assets and get cash on your balance or payment card. Additionally, you can convert BEP-20 tokens into other supported assets, or exchange them for other crypto and fiat currencies.
Still, the main advantage of the CEX.IO Wallet is its user-friendly interface. You can quickly find the option you need, manage your funds on the go, and track the changes in your portfolio value at a glance.
How to use BEP-20 wallet by CEX.IO
The CEX.IO Wallet lets you send and receive BEP-20 tokens at low commissions, and you can buy, sell, or swap your assets at any time. The clean layout means you get going fast, even on your first visit. The wallet comes from a crypto platform that people around the world trust, so you can lean on the safety of your holdings and your transactions.
How to top up your CEX.IO wallet
You can fund your wallet with fiat money or with crypto you already own.
For a fiat top-up, open the Wallet menu, pick the token, and tap Receive. Type the amount, choose your payment method, and tap Deposit. Check the details, confirm, and your funds land in the wallet soon after.
To bring in a BEP-20 token from an outside wallet, open the Wallet section, select the token, and tap Receive. Copy the BNB Smart Chain deposit address on the screen. Make sure the sending side uses BNB Chain, because the address matches an Ethereum one but sits on a different network.
How to buy BEP-20 tokens at CEX.IO wallet
Buying a BEP-20 token with a card takes only a few taps. Here is the flow:
- Open the main page and tap Buy on the toolbar.
- Pick the BEP-20 token you want from the supported list.
- Type the amount in USD, EUR, or another fiat you have.
- Choose your payment method, tap Buy, and review the amount of crypto you will get.
- Confirm once the details look right, and your balance updates after the platform processes the payment.
How to sell BEP-20 tokens at CEX.IO Wallet
When the market rate suits you, you can turn your BEP-20 tokens into cash. Follow these steps:
- Tap Sell on the toolbar of the main page.
- Pick the BEP-20 token and type how much you want to sell.
- Choose where the money goes, your card or your bank account, and review the summary that opens.
- Tap Sell Now. The tokens leave your wallet, and your fiat arrives at the destination you picked.
How to swap tokens at CEX.IO Wallet
The Exchange option turns one asset into another without a trip to the trading screen. Open Exchange on the toolbar, pick the token you give and the one you want, and type the amount. The app shows what you receive. Tap Exchange, confirm the details, and your balance updates with the new asset.
FAQ
What is a BEP-20 wallet?
A BEP-20 wallet is a wallet that supports tokens on BNB Smart Chain. One address holds your BNB and all your BEP-20 tokens at once. The CEX.IO Wallet is a custodial BEP-20 wallet, so it keeps your assets in your account and takes care of the network side for you.
How to send BEP-20 tokens from CEX.IO wallet
Open the Wallet app, pick the token, and tap Send. On the next screen, type the amount and the recipient address, or pick a saved address if you sent to it before. Check that the network reads BNB Chain, review the details, and tap Confirm Sending. When you send to another CEX.IO user through CEX.IO Pay, the transfer arrives at once with no fee.
What is a BEP-20 address?
A BEP-20 address starts with 0x, the same shape as an Ethereum address, and one private key can control both. So before you send, always check that the network shows BNB Chain, because a token that lands on the wrong network needs a bridge to come back. To find your address on CEX.IO, open Wallet, pick a BNB Chain token, and tap Receive.
What is the difference between BEP-20 and ERC-20?
BEP-20 runs on BNB Smart Chain, and ERC-20 runs on Ethereum. They share the 0x address shape and follow similar rules, so they feel familiar to the same builders. The clearest gap sits in cost, because a BNB Smart Chain transfer usually costs less than an Ethereum one. A token on one chain does not cross to the other on its own, so moving it needs a bridge.
What are the payment methods at CEX.IO Wallet?
You can pay with a debit or credit card or through your bank account, and you can also move funds with more than 80 digital currencies. The methods open to you depend on your country of residence.
What types of crypto wallets exist?
There are two broad groups: hot wallets and cold wallets. Hot wallets stay online and cover exchange wallets like CEX.IO, mobile apps, and browser extensions, so they give you quick access and cost nothing to open. Cold wallets keep your keys offline on a physical device, which suits assets you plan to hold for a long time. The CEX.IO Wallet is a hot wallet for BEP-20 tokens with multi-factor account protection.