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I am depositing SHIB, do I select BSC or ETH ?
I am depositing SHIB, do I select BSC or ETH ?

An article about depositing or withdrawing of SHIB and selecting the correct chain , Ethereum, ETH, ERC20, Binance Smart Chain, BSC, BEP20

Updated over 2 years ago

Depositing SHIB into Chips.gg:

If you wish to deposit SHIB into Chips.gg, once you select the token as SHIB you need to select a chain, the chains supported for SHIB are:

  • Ethereum / ETH / ERC20 (All 3 words represents the Ethereum Network)

  • Binance Smart Chain / BSC / BEP20 (All 3 words represents the Binance Smart Chain)

You can deposit to any one of these, however you need to make sure the sender exchange or wallet use the chain you selected.

If the exchange or wallet shows in anyplace that their SHIB token is (Ethereum / ETH / ERC20) then it means that they use the Ethereum Network if you see any of these 3 words.

And if you see any of (Binance Smart Chain / BSC / BEP20) then that means that their SHIB token uses the BSC Network.

But what if they display nothing? And this might happen a lot, if a site support one chain only and never the other, then they feel that there is no need to show the chain, considering everyone knows what chain they operate at. If that is the case with your exchange or wallet then we highly recommend you contact their support, or do researches about your wallet to see which chain your SHIB token is at.

Only once you are sure of which chain your exchange or wallet will use to send the funds, then you know on Chips.gg which chain to select and this way you can make sure your deposit is correct and you shouldn't worry about it.


Withdrawing SHIB from Chips.gg:

If you wish to withdraw SHIB from Chips.gg, once you select the token as SHIB you need to select a chain, the chains supported for SHIB are:

  • Ethereum / ETH / ERC20 (All 3 words represents the Ethereum Network)

  • Binance Smart Chain / BSC / BEP20 (All 3 words represents the Binance Smart Chain)

You can withdraw to any one of these, however you need to make sure the receiver exchange or wallet use the chain you selected.

If the exchange or wallet shows in anyplace that their SHIB token is (Ethereum / ETH / ERC20) then it means that they use the Ethereum Network if you see any of these 3 words.

And if you see any of (Binance Smart Chain / BSC / BEP20) then that means that their SHIB token uses the BSC Network.

But what if they display nothing? And this might happen a lot, if a site support one chain only and never the other, then they feel that there is no need to show the chain, considering everyone knows what chain they operate at. If that is the case with your exchange or wallet then we highly recommend you contact their support, or do researches about your wallet to see which chain your SHIB token is at.

Only once you are sure of which chain your exchange or wallet uses for SHIB token, then you know on Chips.gg which chain to select and this way you can make sure your withdraw is correct and you shouldn't worry about it.

Always do your research and gain knowledge, because knowledge is what will help you prevent making any mistake that might cost you a lot of money.

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