Connecting MetaMask to Binance Smart Chain Binance Academy on Binance Square

Write down your secret recovery phrase and save it in a secure place. Without this phrase, your funds can’t be recovered if your device is damaged or lost. You should never share your secret recovery top bitcoin price predictions 2020 phrase with anyone.

How To Add Binance Smart Chain to MetaMask

Once you open the website, you will need to scroll down to the bottom of the webpage. In the bottom-left corner, you will see a button next to a MetaMask icon – “Add BSC Network”. This will open a pop-up window in MetaMask, where you need to click “Confirm” and you’re done. If you are new to the MetaMask network, we suggest checking out our extensive article focusing on what the wallet does, how it works, and many other topics surrounding it. We explain in great detail why you might need a MetaMask wallet, how secure is it, and how to create your first account. You can access your freshly installed MetaMask wallet (MM) by clicking the three dots in the screen’s upper-right corner.

Below is a step-by-step guide showing how you can configure Metamask to work with the Binance Smart Chain (BSC). Wait a few seconds for the transaction to be confirmed. You can check your past transactions under your MetaMask’s Activity tab. You have now added the BNB Chain network to your MetaMask. If you want to start using it right away, click Switch to BNB Chain. If you want to stay on the Ethereum network for now, click Dismiss.

However, users have experienced issues when using the Binance Chain Wallet, so just be curious when using this. The Binance Coin BNB has seen huge growth since its launch, which has been helped along by several rounds of token burn events. The Binance Coin (BNB) was launched by Binance Exchange in 2017 as an ERC-20 token on the Ethereum blockchain. However, BNB is now the native currency of Binance Smart Chain (BSC).

Hence, it’s important to ensure you’re on the correct network for your intended transactions. Adding Binance Smart Chain to MetaMask opens up a new world of possibilities for MetaMask users. They can access and use Binance Smart Chain dApps directly from their MetaMask wallet, thereby leveraging the benefits of both platforms. To understand more about BSC, check out our comprehensive guide on what BNB is.

• MetaMask has always been the go-to wallet for accessing the Ethereum network.
• However, users have experienced issues when using the Binance Chain Wallet, so just be curious when using this.
• You will be provided with all the details you need to add to Binance Smart Chain to your MetaMask wallet.
• The unpredictable nature of gas on Ethereum might be driving people to seek out alternatives.
• BSC Faucet is a portal for developers to get BNB and other BSC tokens for the testing environment.

Connecting MetaMask to BNB Smart Chain

– After adding the Binance Smart Chain network into MetaMask, click “Save“. – You can double-check the network details with Binance Academy. This guide will explain how to add Binance Smart Chain to MetaMask so that you can connect to DApps on the Binance Smart Chain (BSC), such PancakeSwap.

Open BSCscan

Finally, Binance Smart Chain is backed by one of the most powerful companies in the cryptocurrency space – Binance, the biggest crypto exchange on the planet. Binance is committed to building out the ecosystem around Binance Smart Chain, and they have the resources to make it happen. In addition, the smart chain has built-in governance mechanisms that allow for on-chain voting on protocol upgrades. This means that the Binance community will have a say in how the platform evolves over time. An example would be the next token that will get added to Binance. In other words, it’s a DeFi “killer” that could make the Binance Smart creating a cryptocurrency wallet usb best charts for cryptocurrency Chain the most used blockchain in the world.

Next, make sure the Binance Smart Chain network is added (and selected) then click on the 3 dot icon on the top right side of the page. On the Metamask Settings page, scroll down and tap on Networks to view all available networks on your Metamask wallet. On the next page, input the details of the BSC mainnet outlined below in the appropriate fields as seen in the screenshot below. Now, click on the Add Network button to add a new network. Click on Ethereum Mainnet to reveal a dialog containing all available (configured) networks on your Metamask wallet. Also, input a password that will be used to authorize access to Metamask on your browser.

Step #4: Transfer BNB to Your MetaMask Wallet

Log in to Account 1, click to copy the address to the clipboard. Then head to Binance Smart Chain Faucet and paste it into the field provided. Then, continue with the settings specified in detail by the application. Write down the seed phrase backup in a secret place (recommended not on a device connected to the Internet).

Anyone with access to your phrase can access your bitcoin leads cryptocurrency sell wallet and transfer all your tokens. Click the option to ‘Import wallet’ or ‘Create wallet’ depending on your need. MetaMask is a crypto wallet that comes in the form of a browser extension (Chrome, Firefox, Brave, and Edge) or a mobile application (iOS and Android). It is well-known for being the best software wallet for ERC-20 tokens.

Connecting MetaMask on the BSC dapps is also as easy as connecting it to ETH dapps as most dapps support the wallet. Let’s see how you can connect your wallet to PancakeSwap, the largest dapp in terms of volume on the Binance Smart Chain blockchain. Add the same parameters as given above to add the network in the mobile app and tap ‘Add’. Then, head over to the BSC Faucet and paste your wallet address in the textbox and click ‘Give me BNB’.

This makes it easy for developers to create DeFi applications on the chain, which could lead to a wave of innovation in the space. Once you open the application, you need to click on the hamburger menu located in the top-left corner of the screen. First of all, you need to open your MetaMask mobile application. My account has “dark mode” enabled, so it appears black, while yours might appear white. You might notice straight away that we’re still working with an Ethereum wallet.