How to Swap Your NEXO Tokens Between ERC20 and BEP2

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Added by allcryptostaff
With the BEP2 NEXO Token launched and the NEXO/BNB beginning to trade on Binance DEX on October 18, 2019, at 13:00 UTC, all Nexo Wallets support both the NEXO ERC-20 Token and the NEXO BEP2 Token.

All clients are able to send, receive, store and to switch between the two types of NEXO Tokens, guaranteeing the flexibility, security, and ease of use that has become synonymous with Nexo.

Why Swap?

NEXO Token Holders who choose to use Binance Chain BEP2 protocol will enjoy several benefits:

- Faster transactions — High throughput and low latency give the Binance Chain blazing fast processing times, allowing transactions to be confirmed in just one second — a significant improvement from other blockchain solutions;

- Lower fees — Higher efficiency leads to lower fees, as the Binance Chain boasts lower and more sustainable transaction (TX) fees than other blockchains;

- Trading on Binance DEX — NEXO Tokens will become tradable on the Binance DEX, one of the world’s most popular decentralized exchanges.

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