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Does Irs Know if You Use Binance

Written By Tuesday, March 15, 2022 Add Comment Edit

Binance networks: BEP20 and BEP2 recovery guide

How to recover unsupported BEP20 and BEP2 tokens sent to your Exodus wallet.

In this article:

  • How is it possible to ship to the wrong accost?
  • Recover your BEP20 asset sent to your Exodus address
    • Tutorial video: BEP20 recovery
    • Part one: Getting and setting upward the Binance wallet
    • Function 2: Importing your private fundamental into the Binance wallet
    • Office 3: Adding a custom token to the Binance wallet
    • Part 4: Sending your BSC funds out of your Binance wallet
  • BEP20 token sent to Exodus Mobile
  • BEP20 token sent to Trezor
  • BEP2 token sent to Exodus Desktop
  • BEP2 token sent to Exodus Mobile

How is it possible to send to the wrong address?

Binance operates 2 token standards: BEP2 on the BNB Beacon Chain network as well as BEP20 on the BNB Smart Chain network.

As a upshot, many avails, such as Ethereum (ETH), Tether (USDT), or Cardano (ADA), now accept a BEP2 and a BEP20 version that you tin can withdraw from Binance, equally well as other platforms that back up the BEP2 and BEP20 networks.

What this means is that it is possible to accidentally choose the incorrect network when withdrawing your asset out of Binance (and other platforms that support these networks) to your Exodus wallet accost considering nosotros don't support all BEP2 and BEP20 assets.

Currently, the simply assets supported on BNB Smart Concatenation (i.e. BEP20 tokens) are BSC BNB (BNBBSC), PancakeSwap (CAKE), USD Coin (USDC), and Shiba Inu (SHIB). On BNB Beacon Concatenation (i.eastward. BEP2 tokens) the only avails nosotros currently support are BNB (BNB) and Binance USD (BUSD).

Please do not worry if y'all have sent an unsupported BEP20 or BEP2 asset to Exodus! This commodity will show you how you can retrieve your BEP20 and BEP2 assets sent to your Exodus wallet.

Additionally, Binance recently appear that it was supporting Ethereum (ETH) withdrawals on Arbitrum One, a popular layer 2 scaling solution. Currently, nosotros only support ETH on the mainnet Ethereum network. If yous take sent ETH or another asset using the Arbitrum network please read this guide to retrieve those assets.

Recover your BEP20 asset sent to your Exodus address

Tutorial video: BEP20 recovery

Here is a video guide that volition have yous through Parts 1 - 4 of recovering your assets via the Binance wallet. The Binance wallet is our recommended selection of BEP20 asset recovery considering the process is easier for about users. There are step-by-stride instructions below.

Part ane: Getting and setting upwardly the Binance wallet

Retrieving your Binance BEP20 assets will crave the apply of a desktop computer and the Binance wallet browser extension. If you already take the Binance wallet browser extension skip to Function two.

1

Using a Chromium-based browser like Chrome or Brave (Safari will non work) become to the Chrome Web Store. In the top left corner search for the Binance wallet.

ii
Click on the Binance wallet. From at that place click Add to [browser] to add together it to your browser as an extension.

3

In one case done, it should look like this in your browser. From here you can create a new wallet and get the 12-discussion secret recovery phrase, click on Create wallet .

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To view the 12-give-and-take secret recovery phrase of your newly created wallet, click on Generate seed phrase .

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Follow the instructions to create a strong countersign and click Continue .

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Write down your 12-word secret recovery phrase, and store information technology in a rubber identify offline. And then click Continue .

Continue to Function 2.

Part ii: Importing your private cardinal into the Binance wallet.

If you already have the Binance wallet showtime here.

7

Adjacent, you'll demand to call up the private key from the wallet where yous accidentally sent the funds. Navigate to this wallet in Exodus.

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Please copy the private fundamental from the wallet inside of Exodus. Here'southward how you tin obtain your Private Primal: How do I view my private keys?

Please be careful with your private keys! Anyone who has your private key can control the funds on it; therefore, practise not import your private central into any platform that you lot practice not 100% trust. To detect out how to proceed your money safe please check out this commodity from our Knowledge Base of operations.

9

Open Binance wallet and click on the symbol in the top right corner.

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This volition open some other menu. Click on Import Account

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Import your copied individual fundamental past pasting it where it says "Paste your Private Key String Here" and then click Import .

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You'll now see this account in the driblet-downward menu with the badge Imported. Click on this account.

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Your BSC tokens should now appear.

If your token does announced, skip to Part four. If your token doesn't appear, y'all might need to follow the steps to add a custom token in Part 3.

Part 3: Adding a custom token to the Binance wallet (if needed)

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If your tokens did non announced in footstep 13, click the + sign. If your token did appear in the last footstep, skip to Part iv.

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Select Custom Asset .

16

Yous will demand the token contract accost. To observe the contract address:

  1. Open the BSC token list to observe the token you sent and click on information technology.
  2. Nether Profile Summary, you lot will see Contract. Copy the contract address.
17

Back in the Binance wallet, paste the token's contract address in the Contract Accost field, and the rest of the information volition populate automatically. And so click Add Asset.

You should now meet your BSC tokens announced. Continue to Part 4.

Part four: Sending your BSC funds out of your Binance wallet

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You lot'll need to deposit some BNB Smart Concatenation BNB (BNBBSC) before you tin move the tokens out of your Binance Wallet. We recommend 0.002 BSC BNB as this should be more than than enough to embrace all transaction fees for this process. You can employ Binance to purchase BSC BNB. When withdrawing BSC BNB to your Binance wallet, please be sure to select the BNB Smart Chain (BEP20) network.

nineteen

At present y'all'll be able to send your BEP20 tokens dorsum to the wallet you sent it from (such every bit back to Binance or the platform where you got them) and later that, transport dorsum the BEP20 BNB that you obtained in stride 15.

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Once the funds are dorsum in Binance (or the originating platform), delight select the nugget's name/ticker equally the network to withdraw to your Exodus wallet (not BEP20). Yous tin can follow our guide here Binance to Exodus: Step past Step

BEP20 token sent to Exodus Mobile

To retrieve your Binance BEP20 assets will crave the employ of a desktop figurer and Binance wallet.

1
Start, you'll need to download the desktop version of Exodus hither.
2
Now you will need to link your mobile wallet to the desktop wallet you just downloaded. To do this please read this guide.
three
The rest of the instructions are the same every bit above in the Recover your BEP20 asset sent to your Exodus desktop department.

If y'all practise not have admission to a trusted computer, y'all can retrieve your Binance BEP20 avails with your 12-word hush-hush recovery phrase and the MetaMask mobile app.

This procedure is only recommended if y'all practise not accept a trusted desktop computer, as information technology exposes your Exodus 12-discussion cloak-and-dagger recovery phrase. Desktop methods only use the private key of one asset, which is far more than secure. Y'all can read more than nearly the risks of using your 12-word surreptitious recovery phrase here: Using the 12-word secret recovery phrase.

ane
Become to MetaMask'southward website and install the mobile MetaMask wallet. Tap on Import using Hush-hush Recovery Phrase .

2
Enter your Exodus 12-discussion secret recovery phrase with a space between each word. Set up a strong password and tap Import .

3
Next, tap the three bars at the top left of your screen.

4
Tap Settings .

5
Tap Networks .

vi
Tap the Add Network button.

7
Then, copy and paste these details in the relevant sections:

Please note: If y'all become the error 'Could not fetch chain ID. Is your RPC URL right?', instead of 56, delight input 0x38.

Then tap Add .

viii
Next, tap Add Tokens .

9
You will see you demand to discover the Token Accost. To detect the token address all you need to do is:
  1. Open the BSC token list and observe the nugget you accidentally sent to and tap it.
  2. Scroll downwards and under Profile Summary, you will come across Contract. Re-create the contract address.

10
In MetaMask, paste in the contract address in the Token Address field. The residual of the information volition announced automatically. Then click Add Token .

You should at present see your BSC tokens appear.
11

Please note: You lot'll need some BNB Smart Chain BNB in the wallet earlier you can move your funds out of MetaMask. Nosotros recommend 0.002 BNB as this should be more than plenty to cover all transaction fees for this procedure. You can use Binance to buy BNB. When withdrawing BNB to your MetaMask wallet, please select the BEP20 version of BNB to send from Binance to Metamask.

12

Finally, ship your BEP20 funds back to Binance (or the platform where you got them), and after that, send back the BEP20 BNB that you obtained in pace 11.

In one case the funds are back in Binance (or the originating platform), please select the nugget'south name/ticker every bit the network to withdraw to your Exodus wallet (not BEP2 or BEP20 ).

Y'all tin see the assets we support on our status page. Too, hither is how you lot can tell which network your token uses.

BEP20 token sent to Trezor

To remember your Binance BEP20 assets volition crave the use of your Trezor hardware wallet, a desktop computer, and MetaMask, but it just takes a few minutes!

1
Go to MetaMask'south website and download the MetaMask wallet.
2
Then, you'll need to connect your Trezor device to MetaMask using this official guide.
3

Please note: In the Select an Account screen, delight select the ETH accost you sent your BEP20 tokens to. Well-nigh of the time it will exist the commencement account.

5
Open MetaMask and import your Ethereum individual key by clicking on Import Account .
6

After importing your private key, click on Ethereum Mainnet  at the pinnacle of the MetaMask wallet screen and select Add Network .

seven

Your browser will open a new tab in which you tin can copy and paste these details in the relevant sections:

Please note: If you become the fault 'Could not fetch chain ID. Is your RPC URL correct?', instead of 56, delight input 0x38.

And so click Relieve .
8

Now delight open MetaMask and go to the lesser and click on Import tokens .

9

After you click on Import tokens  you volition see you lot need to find the Token Contract Accost . To find the contract address all you demand to practice is:

  1. Open the BSC token listing and notice the asset y'all accidentally sent to and click on information technology.
  2. Nether Profile Summary in the top right you will come across Contract , please re-create the contract accost.

10
Now back in Metamask but paste in the contract address (the rest of the information should appear by itself). And so click Next .

You should now see your BSC tokens appear, just click Add Tokens .
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Please note: You'll need some BNB Smart Chain BNB in the wallet before yous can motility your funds out of Metamask. We recommend 0.002 BNB equally this should be more than enough to encompass all transaction fees for this process. You tin utilize Binance to purchase BNB. When withdrawing BNB to your Metamask wallet, please select the BEP20 version of BNB to send from Binance to Metamask.

12

Finally, ship your BEP20 funds back to Binance (or the platform where y'all got them), and after that, send back the BEP20 BNB that yous obtained earlier.

Once the funds are back in Binance (or the originating platform), please select the asset's proper noun/ticker equally the network to withdraw to your Exodus wallet (not BEP2 or BEP20 ).

You can run into what we support on our website.

BEP2 token sent to Exodus Desktop

Retrieving your Binance BEP2 assets will require the use of a desktop estimator and the Binance wallet browser extension.

1

Using a Chromium-based browser similar Chrome or Dauntless (Safari will not work) get to the Chrome Web Shop. In the peak left corner search for the Binance wallet.

2
Click on the Binance wallet. From there click Add to [browser] to add together information technology to your browser as an extension.

3

Once done, information technology should expect like this in your browser. From hither you can create a new wallet and get the 12-word secret recovery phrase, click on Create wallet .

4

To view the 12-word secret recovery phrase of your newly created wallet, click on Generate seed phrase .

5

Follow the instructions to create a strong password and click Continue .

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Write downwards your 12-word secret recovery phrase, and store it in a safe identify offline. Then click Go along .

7
Now delight open your Binance wallet and click on the button at the top of the wallet. So select BNB Buoy Concatenation Network from the listing of three networks at the bottom of the wallet.

8

Open your Exodus wallet, and open your BNB wallet that you accidentally sent your BNB Beacon Chain (BEP2) nugget to.

9

Please export your Private Key from the BNB Network wallet inside of Exodus. Here's how you can obtain your Private Key: How do I view my private keys?

10

Open Binance wallet and click on the symbol in the summit correct corner.

11

This will open some other menu. Click on Import Business relationship

12

Import your copied private key by pasting it where information technology says "Paste your Private Central String Here" and then click Import .

12

You'll now come across this business relationship in the driblet-downwardly menu with the badge Imported. Click on this account.

13

Your BEP2 tokens should now appear.

14
If your BNB BEP2 tokens announced delight skip to step 17 below. Yet, if your tokens practise not appear yous volition need the Asset ID. To find the Asset ID:
one. Open the BNB Nugget Name listing to find the token you sent and click on it.
2. Copy the Asset ID.

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Dorsum in the Binance wallet click the + sign.

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Select Custom Asset . Paste the token'south Asset ID in the Nugget ID (with suffix)  field and the rest of the information will populate automatically. And then click Add nugget.

You should now encounter your BNB tokens appear.

17

You'll need some BNB Beacon Chain BNB (BEP2) in the wallet earlier yous can move your funds out of the Binance wallet. We recommend 0.002 BNB as this should exist more than than plenty to comprehend all transaction fees for this process. You lot tin employ Binance to purchase BNB. When withdrawing BNB to this BNB Beacon Concatenation wallet, please select the BEP2 version of BNB to send from Binance to the BNB Beacon Concatenation wallet.

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Now y'all'll exist able to send your tokens dorsum to the wallet you sent it from. (such as dorsum to Binance or the platform where you got them) and after that, transport back the BEP2 BNB.

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Once the funds are back in Binance (or the originating platform), delight select the asset's name/ticker as the network to withdraw to your Exodus wallet (non BEP2 or BEP20). Y'all can follow our guide here Binance to Exodus: Step by Step.

BEP2 token sent to Exodus Mobile

To retrieve your Binance BEP2 avails volition crave the utilise of a desktop reckoner and the Binance wallet.

1
Kickoff, you'll demand to download the desktop version of Exodus here.
ii
At present you will need to link your mobile wallet to the desktop wallet you just downloaded. To do this please read this guide.
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The rest of the instructions are the same every bit to a higher place in the BEP2 token sent to Exodus Desktop department.

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Source: https://support.exodus.com/article/1495-binance-network-troubleshooting

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