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Manage BEP20 tokens

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

Before you start

View your BEP20 tokens in Ledger Live

  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.

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Sending and Receiving BEP20 Tokens in Ledger Live

  • Sending BEP20 Tokens: To send BEP20 tokens from your Binance Smart Chain (BNB) account in Ledger Live, ensure you have BNB coins in the same account to cover the gas fees. Your parent Ethereum account must hold sufficient BNB to pay for the network fees associated with token transactions.
  • Receiving BEP20 Tokens: You can receive BEP20 tokens using your Ledger device and your Binance Smart Chain (BNB) account in Ledger Live. Begin by transferring BEP20 tokens from an exchange to your Binance Smart Chain (BNB) account.
    Remember, your tokens will only appear in Ledger Live after the token transaction has been confirmed on the Binance Smart Chain blockchain.
  • Important Note on Sending Tokens from Exchanges: When sending BEP20 tokens from an exchange, ensure you select the BEP20 network type.
    Using a different network type may result in your tokens not appearing in Ledger Live. Learn more about selecting the correct network here.

Practical example -  How to Withdraw crypto to my Binance Smart Chain account in Ledger Live from the Binance exchange

  1. In your Binance exchange account, go to the Withdraw Crypto section and select the coin you wish to withdraw.
  2. In the address field, paste your Ledger BNB address, make sure that the BEP20 (BNB) 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 (BNB). You can learn more about these differences in this article.
  • When withdrawing assets from Binance to your Ledger BNB address, make sure to always select the BEP20 network.. 

Are all BEP20 tokens supported by the Ledger Live app?

While it's possible to withdraw most crypto assets to your Ledger BNB 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 BNB address!

  • Don't worry, your tokens are safe.
  • You should be able to see your tokens by pasting your Ledger BNB address into Bscscan then searching the drop-down menu located next to the Token field.
  • To access your non-supported BEP20 balance, try the tips described below.

Managing BEP20 tokens not supported in Ledger Live

Try using Zerion in Ledger Live first
Zerion is a versatile portfolio manager designed for managing EVM (Ethereum Virtual Machine) accounts, including networks like Ethereum (ETH), Polygon (MATIC), Arbitrum (ARB), Optimism (OP Mainnet), Base, Binance Smart Chain (BNB), and many others. With its EVM-centric approach, Zerion typically displays a broader range of BEP20 tokens compared to Ledger Live. You can access Zerion through the Discover section in Ledger Live. Once in Zerion, simply select the BNB Chain network and navigate to the 'Tokens' section to view the tokens held in your Ledger account.
 
Token not visible in Zerion? Try Metamask
Connect your Ledger device to Metamask by following the step-by-step instructions provided here. By connecting correctly, you can manage your tokens in MetaMask while still keeping them secure with Ledger. MetaMask does not detect all tokens in your account automatically. To add a new token to MetaMask:
  1. Verify that MetaMask is connected to the Binance Smart Chain (BNB) network. Learn more.
  2. If needed, connect to the Binance Smart Chain (BNB) network by using Chainlist.
  3. Finally, add your token to MetaMask by following these instructions.

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