One of the key features of MetaMask is its ability to interact with different networks, such as the Ethereum network, Binance Smart Chain and more. Now that we’ve gotten some BNB let’s send them to someone. Assuming you’ve gotten hold of another person’s wallet address, click on the Send button.
MetaMask has long been a popular Web3 wallet for accessing the Ethereum ecosystem. But, in just a few steps, anyone can configure it to connect to the BNB Smart Chain, which opens up a whole new set of decentralized applications that run on the BNB ecosystem. When adding the Polygon network to a wallet or other application, you may be asked to enter this URL to connect to the network. It is important to note that this URL is specific to the Polygon mainnet how to buy mana crypto and may be different for other networks or testnets. The Polygon network offers a variety of features and benefits, including fast and cheap transactions, interoperability, scalability, and customizable networks.
Execute transaction (on testnet)
As you begin to interact with DApps on the Binance Smart Chain, it’s essential to understand the role of BNB tokens. These tokens play a crucial role in the network’s economy and are necessary for various operations, such as paying for transaction fees on the Binance Smart Chain. This simple process should help you transition between networks as you engage with different applications and perform a variety of transactions. Keep in mind that Binance Smart Chain and Ethereum are separate chains, so transactions conducted on one network will not reflect on the other. Once you have added Binance Smart Chain to MetaMask, you are ready to navigate the interface and start interacting with the network.
Send To Someone
Metamask on the other hand is the go-to wallet for most cryptocurrency enthusiasts, particularly in the DeFi space. It is quite easy to use and anyone can set up a wallet in seconds and start accessing decentralized apps on many EVM-enabled blockchains. Note that you will need to fund your MetaMask wallet with some BNB to pay for transaction fees. For example, you can withdraw BNB from your Binance account to your MetaMask via the BEP-20 network. You might notice that the new wallet is, by default, connected to the Ethereum network. But, our goal here is to connect MetaMask to the BNB Smart Chain (BSC).
How To Add Binance Smart Chain To Metamask (Step By Step)
It’s crucial to note that the Binance Smart Chain and Ethereum are separate chains. Although BSC is compatible with the Ethereum Virtual Machine (EVM), it operates independently from the Ethereum network. As such, the assets and operations on one chain do not directly impact or translate to the other.
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. Before diving into the process of how to add Binance Smart Chain to MetaMask, it’s important to understand what these platforms are and their relevance in the cryptocurrency space.
Just make sure that you find the right token on Blast Explorer and copy the token’s contract address into MetaMask’s “Token contract address” section. As you can see, adding a network to MetaMask is very easy. If you want to add other networks, you can use the same method. All you need to do is find the necessary information and go through the process again.
How to connect MetaMask wallet to Binance smart chain (BSC) mainnet & testnet
- Finally, input the amount of BNB you want to withdraw, click on Withdraw then complete the 2-step verification to approve the transaction.
- You can only send the BEP20 type of BNB (Smart Chain) from an exchange or external wallet to Metamask.
- Additionally, BNB can be exchanged for other tokens on decentralized exchanges.
Transferring BNB from Binance to Metamask can take anywhere uk’s crypto mining experts from 3mins to 30mins depending on the current network load. Metamask will notify you when the funds arrive in your wallet and with that, you have successfully added funds to Metamask. If you already have a wallet, click on Import Wallet and enter your 12-word passphrase to import your existing wallet into Metamask. The official Metamask browser extension is available on the Google Chrome Webstore, Firefox add-ons store and the Edge add-ons store for Microsoft Edge users.
Metamask is also available on both iOS and Android via the App Store and Google Play Store respectively. The first step in adding Binance Smart Chain to Metamask is installing and configuring the Metamask extension on your browser. By default, Metamask is only configured to work with the Ethereum blockchain so it can only work with Ethereum DApps and store tokens deployed on the Ethereum blockchain (ERC-20). Paste copied address and select 6.25 BNBs to transfer. Binance is one of the biggest crypto exchanges in how to buy bitcoin with gift card the world that offers a ton of products and features to its users. From here, we’ll send the funds off somewhere to demonstrate how it works.
- Now you can see the wallet, ready to send and receive funds.
- We explain in great detail why you might need a MetaMask wallet, how secure is it, and how to create your first account.
- Binance Smart Chain (BSC) is a blockchain developed by Binance, one of the largest cryptocurrency exchange platforms in the world.
- You’re still on the BSC testnet as long as the network name in the corner indicates so.
To connect to the Binance Smart Chain (BSC) network, you need to manually add it to MetaMask. Currently, your wallet is connected to the Ethereum network (this is by default). After you’ve created a new wallet, you’ll land on the “Account 1” page.
Both blockchains are owned by the Binance cryptocurrency exchange. MetaMask is one of the most popular crypto wallets out there, especially for NFTs. But the configuration of the software wallet is to interact with the Ethereum blockchain only. Keep in mind that you can’t simply transfer funds from one blockchain network to another (e.g., transfer from BNB Chain to Ethereum). BNB Chain transfer can only be made to and from BNB Chain wallets – unless you are using a blockchain bridge, which is specifically designed to move funds across different chains.
This is because you need the recovery phrase to access your MetaMask wallet in the future. After you’ve clicked on the “Download now” button, you’ll land on the “Download” page. Once you’ve created a new wallet, navigate to the “Settings” page by clicking on your profile icon followed by “Settings”. In addition, you can swap BNB for another token on a decentralized exchange like PancakeSwap using MetaMask. The wallet supports any Ethereum-based token (e.g, ERC20, 721). MetaMask is a cryptocurrency wallet that you can use to interact with the Ethereum blockchain.
Before connecting MetaMask to BSC, the most basic step includes having MetaMask installed. There’s no separate MetaMask wallet for BSC out there. You need to download and install the original MetaMask wallet, i.e., the one that’s for Ethereum. This gives users additional incentive to choose BSC over other blockchains that have been popping up. It’s also the reason BSC has become one of the top blockchains in the dApp world, with its total transaction volume exceeding well over $15 billion. Tap on Add Network at the bottom of the screen to add a new network to your Metamask wallet.
After you’ve clicked on the “Settings” option, you’ll land on the “General Settings” page. On the navigation menu, you’ll see several options including “Create Account”, “Import Account”, and more. The first step is to install MetaMask and create a new wallet if you haven’t already. Once you’ve filled in the fields according to the Binance Smart Chain network, click on “Save” to connect it to MetaMask. After you’ve clicked on “Add Network”, you’ll see multiple fields that you have to fill up.
It is also home to one of the most popular dApps PancakeSwap which allows users to exchange assets without any hassle. Other dApps include BakerySwap, BurgerSwap, Venus, MOBOX, Bomb Crypto, etc. Or it’s also possible that you already use the MetaMask wallet and don’t want to go through the trouble of creating another software wallet. Whatever your reasons may be, there’s a completely easy way to do it.