BINANCE CHAIN LAUNCHES, FIRM EXPECTS TO EXECUTE MAINNET SWAP ON APRIL 23

Last updated: June 19, 2025, 18:53 | Written by: Joseph Lubin

The crypto world buzzed with excitement as Binance, one of the leading cryptocurrency exchanges globally, announced the launch of its mainnet, Binance Chain. Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23. CoinTelegraph. Binance DEX Launches on Native Mainnet Earlier Than Planned, Invites Community Input. CoinTelegraph. You Can Now Test Binance s Decentralized Crypto Exchange. Coindesk.This significant development, unveiled on April 18th, culminated in the planned execution of the Binance Coin (BNB) mainnet swap scheduled for April 23rd.This marked a pivotal moment for Binance and its community, signifying a shift towards a more decentralized and autonomous ecosystem.The move was initially revealed in December 2025 with the ambition of creating a robust foundation for new cryptocurrency issuance and Initial Coin Offering (ICO) tokens.

But what exactly does this launch entail for users?And why is the mainnet swap so important?The launch of Binance Chain and the subsequent token migration represent a crucial step in Binance's journey towards a truly decentralized future. Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. According to the announcement, Binance is producing blocks with consensus from the genesis block as of today, with its native coin BNB planned to be issued in the genesis block. Binance Chain Explorer and Web Wallet will beThis transition allows for faster transaction speeds, increased security, and more control for BNB holders. Binance announced today that it has successfully deployed the genesis block of Binance Chain and plans to execute mainnet swap on April 23. by @yandot Discover Waves Decks LoginPrepare to delve deep into the mechanics of Binance Chain, understand the intricacies of the mainnet swap, and discover how this impacts the broader cryptocurrency landscape.

Understanding Binance Chain and its Significance

Binance Chain is more than just another blockchain; it's the backbone of the Binance ecosystem's decentralized future.It's designed specifically for fast and efficient decentralized trading.Let’s break down what makes Binance Chain so important:

Decentralized Exchange (DEX): Binance Chain serves as the foundation for Binance DEX, a decentralized cryptocurrency exchange.Unlike centralized exchanges, a DEX allows users to trade directly with each other, without intermediaries holding their funds.
Native Binance Coin (BNB): Binance Chain operates using its own native cryptocurrency, BNB.The swap on April 23rd involved migrating existing ERC-20 BNB tokens to the new Binance Chain-based BNB (BEP2) tokens.
Performance and Scalability: Binance Chain aims to deliver significantly faster transaction speeds and greater scalability compared to many existing blockchains.
Built for Trading: The blockchain is designed with specific features optimized for digital asset exchange, including low latency and high throughput.

The development of Binance Chain signifies Binance's commitment to expanding its services beyond traditional centralized exchange operations, embracing a more decentralized and open approach to cryptocurrency trading and management.

The Importance of the Mainnet Swap

The mainnet swap, also known as token migration, is a critical process.But what exactly happens during a mainnet swap? 28 Friday February 2025. About; Advertise; Submit Press Release; Contact Us; News. Bitcoin News. Bitcoin News; Bitcoin Cash News; Bitcoin SV NewsIt is when a blockchain project replaces its existing tokens, usually ERC-20 tokens hosted on the Ethereum blockchain, with its newly issued cryptocurrency on its own, independent blockchain network.

Think of it like this: you're moving your belongings from a rented apartment (the Ethereum blockchain) to your own house (Binance Chain). Trade smarter with our various automated strategies - easy, fast and reliableYou need to ""swap"" your old address and utilities over to the new location.This swap is essential for several reasons:

Independence: Moving to its own blockchain allows Binance greater control over BNB's functionality and future development.
Performance Enhancement: The Binance Chain is optimized for trading, leading to potential improvements in transaction speed and reduced fees compared to operating on the Ethereum network.
Security: Owning the blockchain gives Binance more control over the security protocols and network governance.

The mainnet swap on April 23rd was the official switchover date. Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin on April 23, according to an announcement on April 18. The major crypto exchangePost this date, Binance emphasized that it would no longer support the withdrawal of the older ERC-20 BNB tokens. and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. The major crypto exchange first revealed its plans to launch its own blockchain in December 2025, intending to build a basis for issuing new cryptocurrencies and initial coin offering tokens.Therefore, users needed to ensure they completed the token migration before the deadline to avoid any issues.

Navigating the BNB Token Migration: A Step-by-Step Guide

If you were a BNB holder at the time of the Binance Chain launch, you might have needed to migrate your tokens from the Ethereum blockchain (ERC-20) to the Binance Chain (BEP2).Here's a general outline of what the process typically involves:

Preparation: Ensure you have a compatible wallet that supports BEP2 tokens. Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. According to theThe official Binance Chain Wallet or a compatible hardware wallet is usually recommended.
Initiate the Swap: Log into your Binance account.Binance typically provided a dedicated interface for initiating the swap.
Withdraw ERC-20 BNB: Withdraw your ERC-20 BNB tokens from your Binance account to your designated BEP2-compatible wallet.Binance automatically converted your ERC-20 tokens to BEP2 tokens during this withdrawal process.
Verify the Swap: Once the transaction is complete, verify that you have received the corresponding amount of BEP2 BNB tokens in your wallet.

Important Note: While the deadline for the initial swap was April 23rd, Binance usually offers ongoing support for token migration.However, it's always recommended to complete the swap as soon as possible to avoid any potential complications or delays. Binance, the world s largest cryptocurrency exchange posted a tweet on April 18, hinting at the launch of its Decentralized Exchange; just a few hours later, Binance announced the launch of the DEX. Binance DEX announced this on their Twitter handle and said: @Binance Chain launches its mainnet and plans to execute Mainnet Swap on Apr 23Always refer to Binance's official announcements and support documentation for the most accurate and up-to-date instructions.

Binance DEX: Embracing Decentralized Trading

Binance DEX, built on top of Binance Chain, represents a significant step towards decentralized trading.It gives users greater control over their assets and trading activities.

Key Advantages of Binance DEX:

Non-Custodial Trading: Users retain control of their private keys and funds, eliminating the risk of exchange hacks or fund seizures.
Transparency: All transactions are recorded on the Binance Chain blockchain, enhancing transparency and auditability.
Faster Trading: Binance Chain's architecture aims to provide faster transaction speeds compared to some other decentralized exchanges.
Community Governance: Binance DEX aims to foster a more community-driven governance model, allowing users to participate in the decision-making process.

Binance DEX utilizes a Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which allows for efficient and secure block validation.In dBFT, selected nodes (validators) are responsible for reaching a consensus on the validity of transactions. Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin on April 23, according to an announcement on April 18. The major crypto exchange first revealed its plans to launch its own blockchain in December 2025, intending to build a basis for issuing new cryptocurrencies and initial coin offering tokens.This consensus mechanism allows the chain to process transactions rapidly.

Binance DEX is an innovative platform, but, as with any new technology, users should proceed with caution.Always do your own research (DYOR) before engaging with any decentralized exchange.

The Role of BEP2 in the Binance Ecosystem

BEP2 is the token standard for Binance Chain, similar to how ERC-20 is the token standard for Ethereum. Achetez et vendez des cryptos par virement bancaire et plus de 800 optionsAny token issued on Binance Chain adheres to the BEP2 standard.This standardization brings several advantages:

Interoperability: BEP2 tokens are designed to be easily compatible with the Binance ecosystem, including Binance DEX and the Binance Chain Wallet.
Security: The BEP2 standard incorporates security features to protect against common vulnerabilities.
Ease of Integration: It simplifies the process for developers to create and list new tokens on Binance Chain.

The introduction of the BEP2 standard has facilitated the listing of numerous projects and tokens on Binance DEX, expanding the range of trading options available to users.Moreover, the transition to BEP2 allowed users to engage more efficiently within the Binance ecosystem, making the overall experience more streamlined and user-friendly.

The Impact on BNB Value and Utility

The launch of Binance Chain and the subsequent mainnet swap had a notable impact on the value and utility of BNB. Binance lan ou sua mainnet da Binance Chain e espera executar a troca de seu token nativo Binance Coin em 23 de abril, de acordo com um an ncio de 18 de abril. A grande exchange cripto havia revelado seus planos de lan ar uma blockchain pr pria em dezembro de 2025, com objetivo de construir uma base para a emiss o de novas criptomoedas e tokens de oferta de moeda inicial.Here’s how:

Increased Utility: BNB gained increased utility as the native token of Binance Chain.It is used to pay transaction fees on the Binance DEX and Binance Chain, which increases demand for the token.
Greater Control: The move to its own blockchain allowed Binance to control BNB's monetary policy and introduce new functionalities, potentially increasing its value over time.
Decentralization Narrative: As the core of Binance’s decentralized exchange and a critical component of a broader decentralized vision, BNB benefited from the overall increased focus on decentralization within the cryptocurrency space.

Although predicting the precise impact on the market is difficult, it's reasonable to assume that the increased utility and autonomy offered by Binance Chain could positively influence BNB's long-term value proposition.

What is the Future of Binance Chain and Binance DEX?

The launch of Binance Chain and Binance DEX was just the beginning. Overview of the crypto market with real-time prices and key dataBinance has ambitious plans for the future development of its decentralized ecosystem.

Some potential future developments include:

Cross-chain interoperability: Integrating Binance Chain with other blockchains to enable seamless transfer of assets between different networks.
Advanced trading features: Introducing more sophisticated trading tools and functionalities on Binance DEX, such as margin trading and futures.
Expansion of the Binance Chain ecosystem: Encouraging the development of more decentralized applications (dApps) on Binance Chain, creating a vibrant ecosystem of services and tools.

Binance's commitment to decentralization and innovation suggests that Binance Chain and Binance DEX will continue to evolve and play an increasingly significant role in the cryptocurrency landscape. Therefore, a mainnet swap takes place when a blockchain project replaces previously issued tokens with their new cryptocurrency, which is typically running on their own blockchain network. This process may also be referred to as token migration . Usually, the mainnet swap begins right after the mainnet launch.The development plans aim to create a more versatile, user-friendly, and interconnected blockchain environment, cementing Binance's place at the forefront of the industry’s evolution.

Common Questions about Binance Chain and the BNB Swap

Let’s address some frequently asked questions about the Binance Chain launch and the BNB token swap:

What happens if I didn't swap my ERC-20 BNB tokens?

If you missed the initial swap deadline, you should contact Binance support to inquire about ongoing swap options. Binance Chain has launched its mainnet and will execute mainnet swap on April 23rd, according to its announcement. The world s top-ranked crypto exchange, Binance, had announced the launch of itsThey usually accommodate late swaps, but it's best to act as soon as possible to avoid potential complications.Continuing to hold ERC-20 BNB beyond the official swap deadline means those tokens lose utility within the Binance ecosystem.

How do I find out more about Binance Chain?

The best place to find up-to-date information about Binance Chain is on Binance's official website and through its official communication channels (Twitter, Telegram, etc.). Binance Chain Mainnet Launch and Swap Information. . Fellow Binancians, Public access and BNB mainnet swap will begin on 2:00 AM (UTC).Be sure to verify that any information you receive is from official sources to avoid falling victim to scams or misinformation.

Can I still earn rewards for holding BNB on Binance Chain?

Yes, various opportunities exist to earn rewards for holding BNB on Binance Chain. Binance announced today that it has successfully deployed the genesis block of Binance Chain and plans to execute mainnet swap on April 23. Binance DEX is built on top of Binance Chain with a native Binance Coin (BNB) token. Binance Chain uses Delegated Byzantine Fault Tolerance (dBFT) as its consensus mechanism.This includes staking BNB for various projects, participating in governance, and using BNB to pay for transaction fees, which can reduce costs. Binance has started producing blocks on its Binance Chain, plans to execute mainchain swap on April 23. Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. The major crypto exchange first revealed its plans MoreCheck the Binance platform and Binance DEX for current promotions and opportunities.

Conclusion: A New Chapter for Binance and Decentralized Finance

The launch of Binance Chain and the mainnet swap for BNB marked a significant step forward in Binance's mission to embrace decentralization. Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23Source: CointelegraphPublished onBy building its own blockchain, Binance has paved the way for faster, more secure, and more transparent trading experiences. 根据4月18日的公告，Binance已推出其主网幣安鏈并预计将于4月23日执行其原生令牌幣安幣（BNB）的交换。主要的加密交换首次披露了其计划于2025年12月推出自己的区块链，旨在为发行新的加密货币和初始硬币提供令牌奠定基础。The successful execution of the BNB token migration was crucial for ensuring the seamless transition of users into this new ecosystem.While the initial swap deadline has passed, ongoing support for token migration is typically available, ensuring users can still transition to the new BEP2 standard.

The emergence of Binance DEX as a non-custodial trading platform represents a major advancement in decentralized finance. See full list on marketswiki.comWith its emphasis on community governance and innovative trading features, Binance DEX promises to empower users with greater control over their assets and trading activities. Binance has started producing blocks on its Binance Chain, plans to execute mainchain swap on April 23. Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin on April 23, according to an announcement on April 18. The major crypto exchange firstAs Binance continues to develop its decentralized ecosystem, it is likely to shape the future of cryptocurrency trading and drive further innovation in the blockchain space.

Key Takeaways:

Binance Chain is Binance's dedicated blockchain, designed for fast and efficient decentralized trading.
The BNB mainnet swap involved migrating ERC-20 BNB tokens to the BEP2 standard on Binance Chain.
Binance DEX offers users a non-custodial trading experience with greater control over their assets.
The launch of Binance Chain and Binance DEX demonstrates Binance's commitment to decentralization and innovation.

Whether you're a seasoned crypto trader or a newcomer to the world of blockchain, it's important to stay informed about these developments and understand how they might impact your investment strategies.Always do your own research and exercise caution when engaging with new platforms and technologies. Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18.Learn more about Binance Chain and decentralized exchanges today, and embrace the future of finance!