All Collections
Deposits & withdrawals
BNB Smart Chain (BSC) on CoinLoan
BNB Smart Chain (BSC) on CoinLoan

At the moment, you can use the BNB Smart Chain (BEP-20 token standard) to transfer BNB, USDC, BUSD, and USDT.

Sofia avatar
Written by Sofia
Updated over a week ago

CoinLoan supports the BSC blockchain for depositing and withdrawing BNB, USDC, BUSD, and USDT. You can’t use BSC to transfer other assets on CoinLoan, as it will result in a permanent loss of your funds.

Address formats

Both Ethereum (ETH and ERC-20 tokens) and BNB Smart Chain (BEP-20 tokens) address formats start with 0x. That’s why they can be easily mistaken for each other. Check our article about Ethereum and Binance blockchains’ differences to learn more.

Can I deposit or withdraw assets besides BNB, USDC, BUSD, and USDT via the BSC blockchain?

No. You should use other blockchains to transfer other assets. Find more info about all the blockchains we support in our article on depositing and withdrawing cryptoassets on CoinLoan.

For certain assets, you can choose between BSC and Ethereum blockchains for a transfer. Please refer to our article about the network selection feature.

Deposit and withdrawal fees

All deposits and withdrawals via the BSC network are free of charge.

Did this answer your question?