BNB BEP2/BEP20 Deposits:
Users will be able to deposit the BNB Mainnet Native Token (BEP2/BEP20 format) on the Crypto.com App.
BEP2 represents the token standard on Binance Chain, while BEP20 represents a token standard on Binance Smart Chain.
Make sure to specify the destination tag/memo, when depositing/withdrawing BNB tokens on the BEP2 (BNB Chain).
BNB ERC-20 Deposits:
Crypto.com does not support BNB ERC-20 deposits.
Users will be able to withdraw BNB Mainnet Native Token (BEP2/BEP20 format) on the Crypto.com App.
BNB will also have additional utility as it is now supported by Crypto Earn, allowing eligible Crypto.com App users to enjoy up to 3% p.a. on their BNB deposits, paid in BNB.
About Binance Chain
Binance Chain is a blockchain software system initially developed by Binance and the community. Binance Chain is a community-driven development project with many developers and contributors from all over the world. Its native Binance Coin (BNB) powers the Binance Ecosystem, and has multiple use cases including fueling transactions on the Chain, paying for transaction fees on the Binance Exchange, and making in-store payments. For more information, please visit www.binance.org.