How to Swap Coins with SafePal

In order to use Binance Smart Chain’s DeFi, you’ll need to have the correct token. The following instructions explain how to get the correct token, BNB (BEP20) note that it’s NOT BEP2. Be sure you are logged in to the exchange or wallet where your crypto tokens are. We will be using Uphold as an example.

  1. On your phone, download SafePal.
  2. Click Software Wallet
  3. Click Next
  4. Type in a password
  5. Click Next
  6. Read the Terms of Use and Accept
  7. Click Submit
  8. Set a pattern if you’d like to
  9. Click Start SafePal journey
  10. Click Software Wallet
  11. Click Create Wallet
  12. Enter your password
  13. Click Confirm
  14. Type in a name (doesn’t matter what it is)
  15. Click Done
  16. Click Back up my phrase
  17. Read and select all of the items
  18. Write down each of the 12 words you see. Whatever you do, do not lose this mnemonic phrase.
  19. Click Next
  20. Put the 12 words in order
  21. Click Next
  22. If you do not see the token you’re trying to send, click Add
  23. Select the toggle next to “XRP Ripple” (Make sure it’s not the XRP BEP2, BEP20, ERC20, etc)
  24. Click Add Coin
  25. Click XRP
  26. Click Receive
  27. Click Copy
  28. Go to the Uphold app (or the exchange/wallet where your crypto is)
  29. Select “XRP”
  30. Click Transact
  31. Slide the “X” up
  32. Select “From”
  33. Click Use All
  34. Select the “To” dropdown
  35. Scroll down to “Crypto Networks”
  36. Select XRP (or the token you selected earlier. Verify that you are selecting the correct token or you could end up losing your tokens)
  37. Click Preview withdraw
  38. Paste in the XRP address that you copied on 27 into the XRP address
  39. Double-check that the correct address was pasted in
  40. Click Next
  41. Click Confirm
  42. Type in your authenticator app 6 digit code
  43. Click Confirm

You’ve now sent money to SafePal which we will use to exchange XRP for BNB BEP20 tokens. It can take a few minutes to a few hours to transfer the tokens depending on how many transactions are currently happening on the network.

  1. Open the SafePal app
  2. Click the two arrows (one pointing left and one pointing right) icon
  3. Ensure “Swap” is selected
  4. Select the token on “Pay”
  5. Select “XRP” (or the token you sent to SafePal)
  6. Select the token on “Receive”
  7. Select “BNB (BEP20)”
  8. Select the 0.0 on “Pay”
  9. Click MAX
  10. Click Next
  11. Click Swap
  12. Type in your password
  13. Click Confirm
  14. Wait for the transfer
  15. You should see an “Estimated Time” to complete the transfer. Once it’s successful, click the back arrow.

Now that you have BNB, you can start earning interest on the Binance Smart Chain. We use TrustWallet for transacting on the Smart Chain network. You can learn how to set it up here.