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Manage BEP20 tokens

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This article explains how to manage BEP20 tokens. Check the BNB wallet page to learn more. 

Before you start

View the BEP20 tokens

  Ledger Live Desktop   Ledger Live Mobile

If you already have a Binance Smart Chain account with BEP20 tokens, you can view your tokens in Ledger Live.

  • On the Accounts page, click on Show tokens under the Binance Smart Chain account that holds the tokens.
  • You can hide token accounts with zero balance: Settings > Accounts > Hide empty token accounts.

BSC_BEP20_ACCOUNTS.png

Send and receive tokens

You can now send and receive BEP20 tokens. Get started by sending your BEP20 tokens to the Binance Smart Chain account of your choice. The token accounts will only appear after the token transaction has been confirmed on the Binance Smart Chain blockchain. The Binance Smart Chain account you send tokens to will be the parent account of your token accounts.

Withdraw crypto to my Ledger Binance Smart Chain account from Binance exchange

  1. In your Binance exchange account, go to the Withdaw Crypto section and select the coin you wish to withdraw.
  2. In the address field, paste your Ledger BSC address, make sure that the BEP20 (BSC) network is selected, and complete the withdrawal.

BEP20 or BEP2?

  • There is a difference between the BEP20 and the BEP2 network. 
  • The BEP2 network refers to Binance Chain, which is a different network from Binance Smart Chain (BSC). You can learn more about these differences in this article.
  • When withdrawing assets from Binance to your Ledger BSC address, make sure to always select the BEP20 network.

Token transaction fees

To send BEP20 tokens, you need BNB to burn as gas. Make sure your parent Binance Smart Chain account holds some BNB to pay for the network fees of token transactions. 

Are all BEP20 tokens supported by the Ledger Live app?

While it's possible to withdraw most crypto assets to your Ledger BSC account in the form of BEP20 tokens, only a subset of all existing BEP20 tokens are currently supported by the Ledger Live app.

From the perspective of Ledger Live, there are three types of BEP20 tokens:

  • Fully supported BEP20 tokens will show in Ledger Live and display a balance amount (the number of tokens in that balance) and a balance value (how much the balance is worth) denominated in fiat currency (EUR, USD, RMB, etc).
  • Partially supported BEP20 tokens will display a balance amount but not a balance value.
  • Non-supported BEP20 tokens will not show in Ledger Live at all. They will not be reflected in your total portfolio value and will not create a transaction history in Ledger Live.

I think I have sent unsupported BEP20 tokens to my Ledger BSC address!

  • Don't worry, your tokens are safe.
  • You should be able to see your tokens by pasting your Ledger BSC address into Bscscan then searching the drop-down menu located next to the Token field.
  • To access your non-supported BEP20 balance, however, you’ll need to use your Ledger device with a third-party app called Metamask.
  • A detailed tutorial is available here.

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