How To Add Binance Smart Chain To Metamask Full Guide

You can only send the BEP20 type of BNB (Smart Chain) from an exchange or external wallet to Metamask. Sending BEP2 BNB to your wallet address on Metamask will result in a permanent loss of funds so take note of this when selecting the network to use for the transaction. After installing the Metamask extension on your browser, click on the extension icon and set up your Metamask wallet by following the onboarding guide. The ability to switch networks and manage BNB tokens within MetaMask makes it a versatile tool for those seeking to leverage the opportunities available on Binance Smart Chain. Just as you would switch to the Ethereum network to interact with Ethereum-based dapps, you can switch to Binance Smart Chain for dapps on that network. This functionality elevates the user experience and makes MetaMask a popular choice among cryptocurrency enthusiasts.

It’s also important to configure your MetaMask wallet to run with BSC before you try to transfer any BNB to it. Without configuring it for BSC, you will end up losing your tokens as it’s only configured for Ethereum assets. This gives users additional incentive to choose BSC over other blockchains that have been popping up.

Adding Binance Smart Chain to MetaMask opens up a new world of possibilities for MetaMask users. 11 websites to learn to code for free in 2017 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. Now, you must enter the amount that you wish to transfer and select “Withdraw”.

Connecting the Binance Smart Chain to Metamask

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. The Binance Smart Chain blockchain doesn’t replace the Binance Chain blockchain. Instead, it was made to fix some programmability limitations with the latter. But the main difference how to avoid cryptocurrency scams is that the BSC blockchain is equipped with support for Ethereum Virtual Machine (EVM) as well as smart contracts. MetaMask is one of the most popular crypto wallets out there, especially for NFTs.

This pair comprises the BNB Chain and BNB Smart Chain — to use their updated names — which coexist. Its sibling, Binance Smart Chain (BSC) (later BNB Smart Chain), was released in late 2020 specifically to facilitate smart contracts. In doing so, it widened the scope of the Binance ecosystem far beyond the limitations of Binance Chain, which does not support smart contracts. Since we’ve already added the BSC mainnet in the previous steps, we will illustrate the following steps by adding the BNB Smart Chain Testnet network. You can use the testnet network to play around with fake money and get familiar with the wallet. Keep in mind that you can’t simply transfer funds from one blockchain network to another (e.g., transfer from BNB Chain to Ethereum).

Browse to the Metamask webpage to download the wallet. For browser extensions, Chrome is the most common one to use. However, other browsers such as Brave, Firefox and Edge are also supported. Remember to choose ‘Binance Smart Chain’ as the network and not ‘Binance Chain’ when making transactions. Then, go to Binance Smart Chain Faucet to claim some testnet tokens.

Testing the BSC Testnet

BSC Faucet is a portal for developers to get BNB and other BSC tokens for the testing environment. While on the testnet, you might see still see the logo for ETH instead of BNB. You’re still on the BSC testnet as long as the network name in the corner indicates so. Before connecting MetaMask to BSC, the most basic step includes having MetaMask installed.

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1. You simply need to change networks in MetaMask to switch between them, allowing you to view your tokens or issue transactions.
2. 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.
3. It allows web pages and extensions to utilize Ethereum’s capabilities and features.
4. Make sure you select BSC as the network and that your withdrawal is in BEP-20 format.
5. You might notice that the new wallet is, by default, connected to the Ethereum network.

You can easily send any BNB tokens you hold from an exchange or other wallet to MetaMask. Just remember to select the ‘Binance Smart Chain’ network when you want to make the transaction, and not ‘Binance Chain’. That’s the bitcoin is a pyramid scheme most important thing to remember when sending BNB tokens to your MetaMask wallet so you don’t end up losing them. To import an existing wallet, you’ll need your secret backup phrase. When you create one, you’ll be given this secret backup phrase. You need to keep this phrase very safe, preferably on a device that’s not connected to the internet.

Binance also boasts a dynamic wing that runs smart contract-based applications, with two branches – Binance Chain and Binance Smart Chain (BSC). This powerful tool is comparable to Ethereum‘s ERC20 and ERC721f and can accommodate BEP20 tokens like $CAKE and $BAKE with ease. Click on Account Details to reveal your BSC wallet address and a QR code also containing your wallet address.

Step 3: Binance Smart Chain Network

Cheaper transactions have proven a huge draw for newcomers to web3, and BSC has absorbed much of this demand since its launch. Amongst its many products and initiatives are its market-dominating centralized exchange, various wallets, and—last but not least—its own blockchains and their ecosystems. Note that you will need to fund your MetaMask wallet with some BNB to pay for transaction fees.