Question

When you transfer the tokens using BSC from one wallet to another wallet, the receiver gets the original token or wrapped token?

a) Original token
b) Wrapped token
c) Both original and wrapped token
d) None of the above

Answer 1

When you transfer tokens using BSC from one wallet to another, the receiver gets the wrapped token.

Step-by-step explanation:

When you transfer tokens using BSC (Binance Smart Chain) from one wallet to another, the receiver gets the wrapped token. A wrapped token is a representation of the original token that is compatible with the BSC network.

It allows the token to be traded and used within the BSC ecosystem.

For example, if you transfer an Ethereum-based token to a BSC wallet, it will be wrapped into an equivalent BSC-compatible version of that token.

This enables the token to be used on the BSC network while still representing the original token's value.

Therefore, the correct answer to the question is b) Wrapped token.