Cross-chain · Ethereum → BNB Chain

Swap DAI from Ethereum to ETH on BNB Chain

Swap DAI from Ethereum to ETH on BNB Chain. A trader moving Maker DAI into ETH exposure on chain 56 receives Binance-Peg ETH.

The pegged token is 0x2170Ed0880ac9A755fd29B2688956BD959F933F8 on BscScan. It is an ERC-20 standing in for ETH on BNB Chain. Native ETH and WETH on Ethereum are different contracts and stay behind. You spend Maker DAI at 0x6B175474E89094C44Da98b954EedeAC495271d0F on Etherscan. Chain id 1 gas is ETH, with blocks around 12 seconds. Chain id 56 gas is BNB, with blocks around 3 seconds. Pools that say ETH on BNB Chain almost always mean this pegged contract. Native ETH on mainnet cannot be deposited into those pools from this wallet. Check BscScan.

Diagram for Swap DAI from Ethereum to ETH on BNB Chain
DAI leaves Ethereum. ETH is what can arrive on BNB Chain.

This ETH is an ERC-20 on BscScan

Search 0x2170Ed0880ac9A755fd29B2688956BD959F933F8 and confirm the name before you treat the balance as spendable ETH. It will not pay fees on BNB Chain. It will not show up as the native ETH line on Ethereum. The wallet has to be on chain id 56.

DAI in, and the approval is on Etherscan

The only DAI contract for this route is 0x6B175474E89094C44Da98b954EedeAC495271d0F. Maker DAI uses 18 decimals. You need ETH in the same Ethereum account so the approval can be mined. A wallet holding DAI alone cannot start.

Unwrapping or buying ETH locally

This route is the wrong tool if you want native ETH on Ethereum or WETH at 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2. Those are mainnet actions. Buy or unwrap there when the next signature is on chain id 1. Bridge when the book you want uses Binance-Peg ETH. Ethereum is only the starting network.

BNB has to be waiting

Plan a small BNB balance on the receiving address. Pegged ETH cannot sponsor its own first transfer on chain 56. Blocks there are about 3 seconds once gas is available. Until then the token can be visible on BscScan and still be stuck.

Legal

Risk disclosure

XAUConnect is a non-custodial swap aggregator. Digital assets are volatile and may lose value rapidly. Content on this page is educational and not investment advice. Verify every contract address on the official block explorer before approving a transaction.

Frequently asked questions

What is the best way to swap DAI from Ethereum to ETH on BNB Chain?

The pegged token is 0x2170Ed0880ac9A755fd29B2688956BD959F933F8 on BscScan. It is an ERC-20 standing in for ETH on BNB Chain.

Is Binance-Peg ETH the same as WETH?

WETH on Ethereum is 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2. Binance-Peg ETH is 0x2170Ed0880ac9A755fd29B2688956BD959F933F8 on BNB Chain. Both are ERC-20s that track ETH, and they are not interchangeable contracts. This route pays the BscScan address. Depositing DAI into the mainnet WETH contract is a different action and will fail.

What gas do I need on each chain?

ETH on Ethereum to spend the DAI, because chain id 1 charges ETH and blocks take about 12 seconds. BNB on BNB Chain to move the pegged ETH afterward, because chain id 56 charges BNB. The route itself delivers neither gas coin. It delivers 0x2170Ed0880ac9A755fd29B2688956BD959F933F8.

Who is this pair for?

Someone who holds Maker DAI on Ethereum and needs Binance-Peg ETH for a BNB Chain pool or transfer. It is the wrong tool for a saver who wants to remain in DAI, and for a trader who wants ETH exposure to stay on mainnet. If the pool is on Ethereum, trade there.

Live execution

Trade on XAUConnect

Open the swap page with this cross-chain route pre-selected, then connect your wallet on the source chain to quote and execute. You keep the keys.

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