Post
Topic
Board Bitcoin Technical Support
Re: Bitcoin on BNB (Binance Smart) Chain
by
LoyceV
on 23/10/2023, 07:28:35 UTC
No, it's not possible to directly receive Bitcoin on a Binance Coin (BNB) address. You can, however, receive something called "Wrapped Bitcoin", but it is not Bitcoin.
If you want to receive Bitcoin, you'll need a Bitcoin wallet on the Bitcoin blockchain.
This can't be emphasized enough! Binance has their own agenda to make themselves rich, and it has nothing to do with anything Bitcoin stands for. Be your own bank, keep your own private keys, and don't rely on any third parties!

Binance tries really hard to make their customers believe their made-up tokens are Bitcoin. They'll also scam you for BS reasons when it's convenient for you. It's amazing people still use and even trust this website.