#Binance smart chain metamask url how to#

You can now store your BEP20 tokens and connect your MetaMask wallet to DApps on the Binance chain.ġ. Using BSC and storing BEP20 tokensĬongrats! You now have a BSC configured MetaMask wallet. That’s it! Click save to add Binance smart chain testnet. It is same as above except you have to change the RPC URL and ChainID.įull list of RPC endpoints and ChainID for both Mainnet and Testnet can be found here: To add testnet Binance smart chain network follow the steps. Once done click save to add BSC Mainnet to your MetaMask wallet. Choose network from the menu and click add new network. On your MetaMask wallet drop down your accounts and go to settings page.Ģ. Once your MetaMask wallet is ready follow the steps below to enable Binance smart chain on MetaMask.

#Binance smart chain metamask url how to#

It explains how to setup and use MetaMask wallet. If you are new then use this MetaMask tutorial. We are assuming that you already have MetaMask installed on your browser. Here we’ll show you how to connect your MetaMask with Binance smart chain mainnet as well as testnet. How to connect MetaMask to Binance smart chain? It is just a guide to show you how to connect your MetaMask wallet to Binance chain. This post is not an investment or trade advise. Understand the risks and stay safe out there. So please do not use your life savings or assets that you simply can’t afford to lose. Audits are not a seal of approval and they don’t eliminate risks completely. All these projects are in beta and most of them are unaudited and may fail.Įven if the projects states that their contract is audited by a specialized team you should still DYOR. There are so many projects popping out every day. Please beware: DeFi is still in an experimental stage and is a riskier place to park your money. Here in this beginners guide we’ll show you how to use MetaMask for Binance smart chain.

To access these DeFi applications and to store your BEP20 assets you need a wallet for Binance smart chain. Instead of Uniswap you have Bakery swap and instead of SUSHI you get Burgers. All the DeFi elements such as automated market makers, yield farming and liquidity mining is coming to BSC.

Users can now trade, stake, farm and vote faster and cheaper. It has fast block times (3 sec), sufficient decentralized and low transaction costs.īinance smart chain mainnet went live recently and many DeFi projects already started building on it. It’s an Ethereum Virtual Machine compatible delegated-PoS blockchain.

Now this is where Binance smart chain comes in. With tens and at times even hundreds of dollars in fees it becomes impossible for an ordinary user to participate in these DeFi applications. With the outbreak of DeFi (Decentralized Finance) economy the Ethereum network is getting congested and the cost of a transaction on Uniswap is only getting higher. But the problem is Ethereum’s current gas fees. Simply put, Yield farming is a strategy where users put their crypto assets to work and generate the most possible returns on those assets. Well you know what’s everyone in the crypto space is talking about its DeFi and you know what’s a hot trend in DeFi? It’s Yield Farming!