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Transferring cryptocurrency from Binance Chain to MEXC (formerly MXC) is a straightforward process, but it requires careful attention to network selection and address format. This guide explains the exact steps to deposit BNB or other BEP20 tokens from your Binance wallet to your MEXC account.
Before you begin, ensure you have a funded Binance Chain wallet (such as Trust Wallet, MetaMask configured for Binance Smart Chain, or the official Binance extension) and a verified MEXC account. If you are using a different wallet, the core logic remains the same.
Step 1: Obtain Your MEXC Deposit Address
Log into your MEXC account. Navigate to “Assets” → “Deposit”. Search for the token you wish to transfer. For BNB, select BNB. For other tokens like CAKE, USDT, or BUSD, search for the exact token name. Crucially, select the correct network. For tokens issued on Binance Smart Chain, choose “BEP20” (or “BSC” depending on MEXC’s interface). If you select the wrong network (e.g., BEP2 instead of BEP20), your funds may be lost. Copy the generated deposit address. Double-check that the address starts with “0x” for BEP20 tokens.
Step 2: Prepare the Withdrawal on Binance Chain
Open your Binance Chain wallet. If using Trust Wallet or MetaMask, ensure you are connected to the Binance Smart Chain network (Chain ID: 56). Tap or click “Send”. Paste the MEXC deposit address you copied earlier. Enter the amount of tokens you want to transfer. Be mindful of the network fee (Gas fee). On BSC, gas fees are typically very low (less than $0.10), but they fluctuate. Your wallet will display the total cost including the fee.
Step 3: Confirm Transaction Details
Review all details before confirming: the recipient address matches the one from MEXC, the network is BEP20, and the token type matches. If you are sending USDT, ensure it is BEP20 USDT, not ERC20. A mismatch can result in permanent loss. After confirming, the wallet will process the transaction. You will receive a transaction hash (TXID) which you can track on BscScan.com.
Step 4: Wait for Confirmation and Check MEXC Balance
Binance Smart Chain blocks are produced every 3 seconds. Your transaction usually requires 12 to 36 confirmations (roughly 1 to 3 minutes). Open MEXC, go to “Assets” → “Deposit History”. You should see the incoming transaction with a “Confirming” or “Completed” status. Once confirmed, the tokens will be credited to your MEXC spot wallet. You can then trade, stake, or withdraw them.
Common Mistakes to Avoid
1. Network mismatch: Using BEP2 (Binance Chain) instead of BEP20 (Binance Smart Chain) or vice versa. Always verify which network MEXC supports for the token. 2. Wrong token contract: Some tokens have multiple versions. Only send the exact token that MEXC lists. 3. Insufficient BNB for gas: BNB is required to pay gas fees on BSC. Keep a small amount of BNB in your wallet to cover costs. 4. Copying wrong address: Always copy directly from MEXC and paste into your wallet. Never type manually.
Frequently Asked Questions
How long does the transfer take? Usually 1-5 minutes depending on network congestion. What if I sent the wrong token to MEXC? Contact MEXC support immediately. They may be able to recover the funds for a fee, but recovery is not guaranteed. Can I send directly from Binance.com (CEX) to MEXC? Yes, the same steps apply. On Binance.com, choose “Withdraw” → select the token → choose BEP20 network → enter the MEXC address.
By following this guide, you can safely and efficiently bridge funds between the Binance ecosystem and MEXC. Always test with a small amount first, especially for first-time transfers, to confirm the process works without errors.