In this article, we will look at how to add Binance Smart Chain to MetaMask in four simple steps for integrating MetaMask with BSC.
Binance is a well-known name in the cryptocurrency sector. However, most people are unaware that in addition to trading, Binance also has a division that is actively engaged in managing apps that use smart contracts.
Binance Chain and Binance Smart Chains (BSC) are the two divisions of Binance, respectively. Binance Smart Chain, which is comparable to Ethereum's ERC20, may host BEP20 tokens like $CAKE or $BAKE.
Binance Smart Chain was once known as BNB Smart Chain, and it continues to go by the acronym BSC. Because of its inexpensive gas prices and quick settlement times, it has garnered substantial market momentum as an Ethereum substitute and is presently the second-largest smart contract network behind Ethereum. Additionally, it supports NFTs and other DeFi use cases with its EVM and smart contract functionalities.
In essence, MetaMask is a cryptocurrency wallet that connects to the Ethereum network. MetaMask is compatible with Ethereum-based tokens like ERC20, 721, and others.
Although its primary usage is to interact with the Ethereum blockchain, MetaMask may also be connected to the Binance Smart Chain, allowing you to conduct BNB transactions using MetaMask. BNB may be exchanged for other tokens on decentralized exchanges in addition to this transaction.
In this article, we'll cover how to add Binance Smart Chain to MetaMask for seamless BNB transactions.
Also read: How to buy BNB? Also Know Where to Buy Binance Coin
Here are four simple steps for integrating MetaMask with Binance Smart Chain (BSC).
The first thing to do if you don't have a wallet is to download and install the MetaMask Chrome extension.
MetaMask is used to connect to the Ethereum blockchain. However, specific parameters must be altered to have MetaMask concentrate on the Binance Smart Chain network's nodes in order to link it to the DApps on the Binance Smart Chain.
Last but not least, you'll see the BNB icon next to your BNB balance. In the top-right area, a dropdown menu for "Smart Chain" will be shown. You've therefore linked MetaMask to Binance Smart Chain (BSC).
Simply choose the "Smart Chain" option and "Ethereum Mainnet" when you wish to reconnect it to the Ethereum network.
It's time to conduct transactions using the MetaMask wallet now that we know how to add the Binance smart chain to the wallet.
Here are some of the many benefits of integrating MetaMask with BSC:
The four simple steps to link MetaMask to BSC are listed below.
Step 1: Install MetaMask and create your wallet.
Step 2: Configuring your wallet.
Step 3: Binance Smart Chain Network.
Step 4: Load Your Wallet With Money.
In order to separate the blockchain from the primary exchange, Binance Smart Chain (BSC) was later renamed BNB Smart Chain (still BSC). The compatibility with the Ethereum Virtual Machine (EVM) of BNB Smart Chain is a crucial aspect.
Trending