When you send ETH on BEP20, what moves is a version of ether issued on BNB Smart Chain and pegged to real ETH, often shown as Binance-Peg ETH. It is worth the same and it is much cheaper to send, which is why many people in Enugu choose it.
ERC20 or BEP20 for ETH?
Snapiro accepts both. ERC20 is native ether on Ethereum mainnet. BEP20 is the pegged version on BNB Smart Chain. In the app, pick the network you want and copy the address it shows. In your exchange, choose the same network.
Selling it
Once it arrives, Snapiro shows the naira amount for your ETH. Accept it and the naira lands in your balance, ready for your bank or for bills.
