Developers at Binance's BNB Chain plan to merge the BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20) into a single blockchain.

Users are strongly advised to transfer their BEP2 and BEP8 tokens to the BEP20 chain, maintaining a 1:1 asset ratio.

This transfer can be accomplished through centralised and decentralised exchanges, the BNB Chain Wallet, or other self-custody wallets.

The tentative deadline for the BNB Chain fusion is April 2024, and even after the deadline, asset transfers are possible using a legacy feature.

However, post-fusion, users must wait up to seven days for the recovery of their BEP2 assets, with no user interface, just a command-line prompt.