BNB to SGD | Binance Token Swap
Coinhako will be performing an initial mainnet swap on Monday, May 6th to convert the ERC20 BNB to the newly launched Binance Chain.
If your BNB is already stored in your Coinhako wallet, no further action is needed on your part.
If your BNB is stored in another wallet, it must be sent to Coinhako by 11:59 PM, May 5th to be eligible for the swap next week.
In the event that you are unable to deposit the ERC20 BNB before May 5th, it may be deposited after May 5th as well. BNB deposited after May 5th will be converted to mainnet BNB at midnight every day.
What happens after the swap
- Effective Monday, May 6th, all BNB withdrawals will be processed on the Binance Mainnet. You will no longer be able to withdraw ERC20 BNB.
- Effective Monday, May 6th, users will be able to generate their Binance Mainnet deposit addresses and deposit mainnet BNB into their Coinhako accounts.
More about upcoming Binance Chain token swap
Binance Coin (BNB) is a digital token issued by the cryptocurrency exchange, Binance. Binance Coin (BNB) runs on the Binance Chain and has a variety of use cases, such as:
- Payment for various items.
- Run Smart Contracts on the Binance Chain.
- Native coin of the Binance decentralised exchange (DEX).
FAQs about BNB to SGD
What does the BNB to SGD rate mean?
The Binance Coin to SGD rate tells you how much Singapore Dollar is needed to buy 5 BNB. You can click here to follow the real-time BNB to SGD rates and use the interactive charts historical price data to improve your technical analysis of this trading pair
How to convert BNB for SGD?
You can convert Binance Coin to Singapore Dollar by selling BNB for SGD on Coinhako.
What was the best rate for BNB to SGD?
To date, BNB's peak was on 7 November 2021 where it hit approximately SGD 895 (USD 668), meaning 1 BNB was worth SGD 895. Â
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