Hello, I would like to move some BUSD and USDT to my wallet from an exchange.
I see multiple alternatives in the SELECT CRYPTO area when I search for USDT, including Tether USD (Ethereum), Tether USD (Ethereum Ropsten), Tether USD (Polygon), and Tether USD (TRON). The same is true for BUSD and Binance-USD (Polygon) and Binance USD (Ethereum). I am aware that the protocols differ.
Which option is the “natural” choice for each one, given that all I want to do is take my money out of the exchange and put it in my wallet? Gas is fine with me; all I want is the original token, free of any contracts, Peg tokens, or similar restrictions.
I personally use this method for transferring my BUSD and USDT. When moving funds from the exchange to my wallet, I ensure that I select the appropriate network that matches the version of the coin I want to transfer, such as “Ethereum,” “Polygon,” or “TRON.” By choosing the right network that aligns with my wallet, I can minimize fees and ensure a seamless transfer process for both BUSD and USDT.
Using the ETH network would be the “natural way” if you don’t mind paying gas fees.
To avoid paying for gas, I am transferring BUSD to Ledger via the BSC network.
Note that in order to use the BSC network for transfers, you may only download the BSC app after downloading the ETH app during the setup of the new ledger.
transmit a tiny quantity to test initially at all times.