Last updated on March 1st, 2022
While you are interacting with the crypto world, you may have noticed that there are 2 versions of ADA: Binance-Peg ADA and ADA. What exactly is the difference between them, and how can you convert among these 2? Here’s what you need to know:Is Binance-Peg ADA the same as ADA?
ADA is a native token that exists on the Cardano blockchain. Meanwhile, Binance-Peg ADA is an ADA token that exists on either the Binance Smart Chain (BEP20) or Binance Chain (BEP2). This means that the value of both Binance-Peg ADA and ADA will be the same, just that these tokens exist on different blockchain networks. If you search for Cardano on Trust Wallet, you will notice that there are 2 separate tokens:
