How to swap binance usdt to bnb on trust wallet

Hello, I know that there’s a lot of people asking the same question, I was researching how to fix this problem all day but still, I just want some approval from others to be sure.

I have 150 USDT(erc20) In my Trustwallet, there is no ETH , so I need to transfer some ETH to trustwallet to be able to do something with my USDT I will do that.

The question is:
what is the best way to swap ERC20 to BEP20? I can’t use binance bridge with trustwallet, because there is no option to connect to binance bridge with a Trustwallet. So, another option is to try to send my erc20 to Binance exchange and then there swap erc20 to bnb and then send it back tu Trustwallet. Can I do that and is it the most efficient way?

Read this guide to learn to easily convert your crypto into BNB, BUSD,  or BETH, to participate in Binance Launchpool and earn passive income in the latest tokens coming to Binance.

Binance Launchpool gives you the opportunity to participate in token launches for the upcoming Binance listings. The way it works is that you pick a Launchpool offering you want to join, select the pool based on your preference and APY, and stake one of the supported assets (or all of them if you wish). 

To participate in Binance Launchpool, you need to hold the correct assets that you can stake. The most regular assets used in Launchpool are BNB, BETH, and BUSD, so it’s a good idea to stock up on these if you want to regularly participate. If you don’t have any, don’t despair. In this guide, we’ll show you three simple and fast ways to convert the assets you have into BNB, BETH, or BUSD. 

Buy BNB, BETH, or BUSD Via Spot Trading

The most popular method to get BNB, BETH, BUSD, or just about any crypto you need is still through the Binance Spot exchange. Binance’s original service since 2017 provides some of the most active and liquid markets in the world for your crypto.

Step 1: Log in to your account. If you don’t have an account yet, register today, and deposit funds or buy crypto.

Step 2: Select a trading pair. There are more than 270 trading pairs that include BNB, BUSD, or BETH. Choose a trading pair that includes the crypto you already hold and one of the three tokens you need for the Launchpool.

Step 3: Place an order. If the crypto you’re buying (BNB, BUSD, or BETH) is mentioned first in the pair (e.g., BNB / BTC), choose Buy. Then enter the amount of the crypto you’re willing to spend, and set the price you want for a limit order. For market orders, you only need to enter how much crypto you’ll spend.

If the crypto you’re buying is mentioned second in the pair (e.g., BTC / BUSD), select Sell. Then enter how much crypto you’re willing to spend to obtain BUSD, and set the price for it in a limit order or let the prevailing rate apply in the case of a market order.

This method works best for BETH.

Get BUSD Via Binance Liquid Swap

Another option that has become increasingly popular is Binance Liquid Swap. This is Binance’s DeFi-like solution for swapping one token in exchange for another, with fees that are lower than even the rates on the Spot exchange. There are 13 pairs right now on Liquid Swap, with seven of them including BUSD. Here are the steps on how to get BUSD from Liquid Swap:

Step 1: Go to Liquid Swap. Make sure that the crypto you’ll use to swap for BUSD is on your Spot wallet.

Step 2: Select the token you have under Sell. On Liquid Swap, you can buy BUSD by selling USDT, DAI, EUR, ETH, AUD, or BTC.

Step 3: Select BUSD under Buy. The system will automatically display the amount of BUSD you’ll receive in this transaction. You’ll see the prevailing price, the fee involved, and the slippage, or the possible deviation of the actual price from the prevailing price due to market specifics in the liquidity pools. Don’t worry, the slippage is usually zero or too little to think about.

Step 4: Click Swap. The transaction takes less than a second, and your newly bought BUSD will be in your Spot wallet immediately.

This method works best for BUSD.

Buy BNB or BUSD Via the Binance Convert & OTC Portal

There’s another method available if you want to gain BNB or BUSD for use on Launchpool: the recently launched Binance Convert & OTC Portal, which supports instant conversions and zero fees. You can use this platform with as little as 10 USDT or as much as 100,000 USDT (minimum and maximum amounts may vary depending on the crypto you use) to turn your crypto into another kind of token in seconds. There is a range of different cryptocurrencies available to convert to BUSD, including popular assets BTC, ETH, LTC; stablecoins: USDT, USDC, TUSD; DeFi tokens: UNI as well as community-driven tokens DOGE and DOT with limits from $10 to $4M per order.

Step 1: Go to Convert & OTC. Make sure that the crypto you’ll use to swap for BNB/BUSD is on your Spot wallet.

Step 2: Select the token you have under From and BNB or BUSD under To. You can choose to enter the number of tokens you want to use on the From side or the number of tokens you want to gain on the To side. 

Step 3: Click Preview Conversion. You will then see the price quote for the transaction you’re considering. You have 5 seconds to approve the quote shown to you and fulfill the deal. If the 5 seconds expire, click Refresh to get a new rate.

Step 4: Click Convert. The transaction takes less than a second, and you’ll see the BUSD you bought in your Spot Wallet.

This method works best for BNB and BUSD.

Putting your BNB, BUSD, or BETH on Binance Launchpool

Regardless of the option you choose, the BNB, BUSD, or BETH you received will be available in your Spot Wallet. The Spot wallet is also used as a default wallet for the Launchpool funding, so you don’t need to move your funds anywhere to use them in Launchpool. 

Here are the steps for joining Binance Launchpool:

Step 1: Go to the Binance Launchpool website, 

Step 2: Look for the project you want to participate in, locate the pool that corresponds to the crypto you have, and click Stake Now. 

Step 3: Once you see the webpage for that pool, click Stake, enter the amount you want to put in the pool, and click Stake again.

Step 4: Once your tokens are in, you can check the webpage for your selected pool from time to time to see how much tokens you have earned. 

And just like that, you now have multiple options in terms of joining Binance Launchpool, regardless of the tokens you hold right now. Take a look at the latest offers available on Launchpool and put your crypto to use.

Download Trust Wallet for Smartchain (BNB) The mobile app works with several crypto tokens and blockchain wallets. With Trust Wallet, you are in control over your funds. Receive, send, store and exchange your cryptocurrency within the mobile interface.

What is Binance Smart Chain?

Binance Smart Chain (BSC) is a smart contract-enabled parallel blockchain to Binance Chain that provides a permissionless platform for decentralized application (DApps).While Binance Chain offers a high-throughput targeting active crypto trades, it lacks in the programmability department. Binance Smart Chain exists to change that.Binance launched Smart Chain to provide a high-speed, low-cost alternative for the burgeoning decentralized finance (DeFi) market, which has suffered from Ethereum’s high transaction fees.Launched in September 2020, Binance Smart Chain boasts a five-second block time, cross-chain asset transfers, EVM compatibility, and a Proof of Staked Authority consensus protocol to ensure scalability.

The BEP20 Token Standard

Binance Smart Chain has a BEP20 token standard that functions similarly to Ethereum’s ERC20 standard. BEP20 is a developer-friendly token standard that allows anyone to deploy fungible digital currencies or tokens on Binance Smart Chain.What’s more, leading digital assets on other chains can be ported onto Binance Smart Chain in the form of pegged BEP20 tokens.For example, you could use Binance Bridge to swap bitcoin (BTC) for BTCB (BEP20) tokens backed by BTC. BTCB (BEP20) tokens can then be deployed in DeFi protocols to earn yield on bitcoin. The same goes for ETH, XRP, DOGE, and many more.

What’s Happening on Binance Smart Chain?

As a low-cost, high-speed alternative to Ethereum, backed by one of the largest crypto companies in the world, Smart Chain already boasts a wide range of DApps and DeFi apps on its chain.While some DeFi protocols have migrated over to Smart Chain from other blockchain networks, dozens of Smart Chain-native DApps have emerged and experienced substantial user growth since their inceptions.DeFi protocols, such as PancakeSwap, Venus, and Autofarm, make up most of the activity on BSC. But that does not mean Smart Chain is only for decentralized finance.Gaming and gambling DApps have also found a home on Smart Chain, and the first NFTs appeared in early 2021 to provide BSC users with the same crypto collectible experience found on other chains.

How to Access Binance Smart Chain

Arguably, the easiest way to access the BSC ecosystem is using the Trust Wallet DApp Browser . The market-leading mobile DApp Browser allows anyone with a smartphone to securely access DApps and DeFi protocols on Binance Smart Chain with just a few clicks.Download Trust Wallet today and explore the Binance Smart Chain ecosystem.

Written by Jane