Step-by-Step Guide: How to Transfer Binance Chain Tokens from TP Wallet to an Exchange and Withdraw Cash

If you have cryptocurrency stored in the TP Wallet (TokenPocket) and want to move your Binance Chain tokens back to a centralized exchange for withdrawal, the process is straightforward but requires careful attention to network protocols. This guide breaks down exactly how to transfer from TP Wallet to an exchange, ensuring your funds arrive safely and are ready for cash withdrawal.
Understanding the Binance Chain Ecosystem
Before transferring, it is crucial to understand that Binance Chain supports two main networks: Binance Chain (BEP2) and Binance Smart Chain (BEP20). TP Wallet allows you to store assets on either network. When transferring to an exchange, you must select the correct network type on both the sending and receiving ends. Sending BEP20 tokens to a BEP2 address, or vice versa, will result in permanent loss of funds.
Step 1: Locate Your Exchange Deposit Address and Network
Log in to your exchange account (such as Binance, Kraken, or Coinbase). Navigate to the deposit section for the token you wish to transfer. For example, if you are sending BNB, look for the BNB deposit option. The exchange will display your deposit address and require you to choose the network. Select the exact network your tokens are on in TP Wallet. If your TP Wallet shows "BNB" under Binance Smart Chain (BEP20), choose "BSC" or "BEP20" on the exchange. If your tokens are on the original Binance Chain (BEP2), select that option. Copy the deposit address carefully.
Step 2: Initiate the Transfer in TP Wallet
Open your TP Wallet app. Tap on the token you want to transfer. Click "Send" or "Transfer." A field will appear for the recipient address. Paste the exchange deposit address you copied. Be meticulous—double-check that the address is exactly correct. In the network field, you must select the same network you chose on the exchange. TP Wallet will automatically detect the network for many tokens, but you can manually confirm it.
Step 3: Enter the Transfer Amount and Confirm Gas Fees
Input the amount of tokens you wish to send. Keep enough tokens in your wallet to cover the network fee (gas). Gas fees vary based on network congestion. For Binance Smart Chain (BEP20), fees are typically very low, often less than $0.10. For Binance Chain (BEP2), fees are also minimal. Review the total transaction details, including the fee. Confirm the transaction. You may need to enter your wallet password or use biometric verification.
Step 4: Wait for Network Confirmation
After you confirm, the transaction is broadcast to the network. BEP2 and BEP20 transactions are usually confirmed within seconds to a few minutes. You can track the status by copying the transaction ID (TXID) and pasting it into a blockchain explorer like BscScan (for BEP20) or Binance Chain Explorer (for BEP2). The exchange will show the deposit as "pending" until enough network confirmations are reached.
Step 5: Verify Receipt on the Exchange
Once the network confirms the transaction, your exchange account will credit the tokens. This process may take a few additional minutes depending on the exchange's internal processing. Go to your exchange wallet or deposit history to confirm the balance has increased. If the deposit does not appear after 30 minutes, check the TXID to ensure the transaction succeeded. If it succeeded but the exchange has not credited you, contact exchange support with the TXID.
Step 6: Withdraw Cash to Your Bank Account
Now that your tokens are back on the exchange, you can sell them for fiat currency (e.g., USD, EUR, GBP) or a stablecoin like USDT. Go to the trading section and place a sell order. Once sold, navigate to the withdrawal or fiat section. Enter your bank account details, the amount you want to withdraw, and confirm. Bank transfers typically take 1-5 business days, depending on your region and the exchange.
Important Safety Tips
Always send a small test transaction first, especially if you are transferring a large amount. This verifies that the address and network are correct without risking your entire balance. Never share your wallet's private keys or seed phrase with anyone. Always use the official TP Wallet app from the App Store or Google Play. Ensure your exchange account has completed all KYC (identity verification) requirements before attempting to withdraw fiat currency.
By following these steps carefully, you can successfully transfer your Binance Chain tokens from TP Wallet back to an exchange and convert them into cash with minimal friction.


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