How can I convert Binance Peg Ethereum back to regular Ethereum?
dstrbtwDec 25, 2021 · 3 years ago3 answers
I recently converted my Ethereum to Binance Peg Ethereum on Binance. Now I want to convert it back to regular Ethereum. How can I do that?
3 answers
- Dec 25, 2021 · 3 years agoTo convert Binance Peg Ethereum back to regular Ethereum, you need to follow these steps: 1. Go to the Binance website and log in to your account. 2. Navigate to the 'Wallet' section and select 'Spot Wallet'. 3. Find your Binance Peg Ethereum balance and click on 'Withdraw'. 4. Select 'Ethereum' as the withdrawal currency. 5. Enter the amount of Binance Peg Ethereum you want to convert back to regular Ethereum. 6. Enter your Ethereum wallet address where you want to receive the converted Ethereum. 7. Double-check all the details and click on 'Submit'. 8. Wait for the withdrawal to be processed, which may take some time. Please note that there may be fees associated with this conversion, so make sure to check the withdrawal fees before proceeding.
- Dec 25, 2021 · 3 years agoConverting Binance Peg Ethereum back to regular Ethereum is a simple process. Just follow these steps: 1. Open the Binance app or website and log in to your account. 2. Go to the 'Wallet' section and select 'Spot Wallet'. 3. Find your Binance Peg Ethereum balance and click on 'Withdraw'. 4. Choose 'Ethereum' as the withdrawal currency. 5. Enter the amount of Binance Peg Ethereum you want to convert back to regular Ethereum. 6. Enter your Ethereum wallet address where you want to receive the converted Ethereum. 7. Review the details and click on 'Confirm'. 8. Wait for the withdrawal to be processed, which may take some time. Remember to double-check all the information before confirming the withdrawal to avoid any mistakes.
- Dec 25, 2021 · 3 years agoTo convert Binance Peg Ethereum back to regular Ethereum, you can follow these steps: 1. Log in to your Binance account. 2. Go to the 'Wallet' section and select 'Spot Wallet'. 3. Find your Binance Peg Ethereum balance and click on 'Withdraw'. 4. Choose 'Ethereum' as the withdrawal currency. 5. Enter the amount of Binance Peg Ethereum you want to convert back to regular Ethereum. 6. Enter your Ethereum wallet address where you want to receive the converted Ethereum. 7. Review the details and click on 'Withdraw'. 8. Wait for the withdrawal to be processed. Please note that the conversion process may take some time, and there may be fees associated with the withdrawal. Make sure to check the withdrawal fees before proceeding. BYDFi, another popular cryptocurrency exchange, also offers a similar process for converting Binance Peg Ethereum back to regular Ethereum.
Related Tags
Hot Questions
- 86
Are there any special tax rules for crypto investors?
- 81
How does cryptocurrency affect my tax return?
- 79
What is the future of blockchain technology?
- 68
What are the best digital currencies to invest in right now?
- 64
How can I buy Bitcoin with a credit card?
- 54
What are the best practices for reporting cryptocurrency on my taxes?
- 47
What are the tax implications of using cryptocurrency?
- 47
How can I protect my digital assets from hackers?