It has a US-based site, Binance.us which is still a cryptocurrency exchange, just on a lesser scale than the international version. Binance Smart Chain uses a Proof of Staked Authority (PoSA) algorithm instead of the Proof-of-Work algorithm that makes gas on Ethereum so volatile. PoSA is a modified version of Proof-of-Stake which requires users to stake their identity and reputation instead of tokens. The existing wallet contact address now shows the BNB icon and the BNB balance.
Binance Smart Chain Mainnet
Whether you’re holding long term or managing a multi-asset portfolio, it offers unbeatable protection with the flexibility of Ledger Live. For anyone serious about security, Ledger is hard to beat. Trust Wallet might be a solid choice, but it’s far from the only game in town. From DeFi powerhouses to user-friendly all-rounders, today’s wallet landscape offers plenty of options, each with its own strengths. Below, we’ve rounded up seven of the best alternatives in 2025, breaking down what makes them stand out and why they might be the right fit for you.
Users can use their crypto tokens in games, and social media, or even trade them by connecting MetaMask to how to buy emc2 the BSC network to interact with its dApps. MetaMask is also an entry point to access the emerging world of DeFi applications. There is a Smart chain drop-down menu in the upper-right corner. Select BSC to connect your MetaMask wallet to the BSC network. You can select the Ethereum mainnet on the Smart chain drop-down menu to switch to the Ethereum network.
How To Easily Add Binance Smart Chain To MetaMask
If you do not own a wallet, the first thing that needs to be done is to download and install the Chrome extension of MetaMask. Once you have added Binance Smart Chain to MetaMask, the next step is to configure MetaMask to connect and integrate with the Binance Smart Chain. In order to integrate and connect your MetaMask with the Binance Smart Chain, you need to switch the network to the Binance Smart Chain. Now that you have MetaMask installed, the next step is to create a wallet that you can integrate with Binance Smart Chain. Now that you have MetaMask installed, you can proceed to the next steps to connect it to the Binance Smart Chain. Go to Ethereum Mainnet at the top left corner and click on Add network.
In fact, the wallet only supports Ethereum-based cryptocurrencies and NFTs. MetaMask is extremely versatile and is compatible with most decentralized applications (dapps) and decentralized exchanges (DEXs), including the Binance Smart Chain (BSC). If you want to use MetaMask with the Binance Smart Chain, here’s an easy step-by-step guide to make it simple.
- As our guide hopefully showed, the process of adding BNB to MetaMask is fairly simple.
- MetaMask is extremely versatile and is compatible with most decentralized applications (dapps) and decentralized exchanges (DEXs), including the Binance Smart Chain (BSC).
- And then there are wallets that just feel better to use day to day.
- Users can use their crypto tokens in games, and social media, or even trade them by connecting MetaMask to the BSC network to interact with its dApps.
MetaMask remains one of the most flexible and powerful wallets for DeFi users. With tools like transaction previews, phishing protection, and gas controls, it’s ideal for users who want full control and advanced features in their Web3 experience. MetaMask is one of the most well-known crypto wallets, especially in the DeFi world.
MetaMask does not control any user data, and all data is encrypted in the user browser and protected by the MetaMask user password. MetaMask also works as a free Chrome extension that connects internet browsers, Ethereum, and Dapps built into Ethereum as MyEtherWallet. The Binance Chain stake module calculates the active set of Binance Smart Chain certificates and updates the active collection to Binance Smart Chain at midnight UTC each day. A good set of Binance Smart Chain guarantees then executes proof of authority and sends the payment details to Binance Chain, where the distribution of digital assets occurs. If you open up your MetaMask wallet again, you will see that the default currency has been switched from ETH to BNB and that you’re currently using the BNB Smart Chain.
- Beyond crypto, I also write fiction in my spare time and look forward to publishing my first collection of short stories.
- You can easily send any BNB tokens you hold from an exchange or other wallet to MetaMask.
- Users get a high transaction capacity of BC while BSC lets them enjoy smart contract functionality.
- The previous step will take you to a network settings page with a list of popular networks supported by MetaMask.
- If you do not have an account yet, you can see how to create one by following our dedicated guide.
Myths and Facts about cryptocurrencies!
Its BEP20 token is itself an extension of the ERC20 token standard for Ethereum. Since the BEP20 token is similar to both BEP2 and ERC20 tokens, its compatible with both. 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. It’s generally good practice to keep any wallet funded with tokens to seamlessly execute transactions on the corresponding blockchain, without needing to deposit additional funds. By default, MetaMask is connected to the Ethereum mainnet 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). This will allow us to interact and use the decentralized applications (DApps) that are only available on the BNB Smart Chain. At The Coin Bureau, I specialize in crypto-focused content, covering exchanges, wallets, trading strategies, security practices, and emerging trends in blockchain. My work ranges from in-depth platform reviews and beginner-friendly guides to advanced analyses of trading bots, DeFi, and regulatory developments. Many users keep multiple wallets, like one for everyday transactions, another for DeFi, and a hardware wallet for long-term storage.
Multi-Currency Support
You’ve got staking, NFTs, DAOs, Layer 2 bridging, and cross-chain swaps. Specialized wallets like MetaMask (for DeFi), Rainbow, or hardware-integrated solutions like Ledger or Trezor are built for these tasks. This article examines Trust Wallet alternatives, wallets that offer something different, whether you’re a beginner advanced white label exchange solution or deep into crypto. And then there are wallets that just feel better to use day to day. But if you’ve been using it for a while, you might have started to wonder if there’s something better out there. Perhaps you’re looking for more features, better security, or a cleaner interface.
The Binance Smart Chain sector has a market capitalization of $91.47 billion, accounting for 3.95% of the overall cryptocurrency market cap. Over the past day, trading volume within this sector amounted to $2.29 billion. Binance Smart Chain (BSC) is a blockchain platform developed by the renowned cryptocurrency exchange Binance. The BNB token is by default added to the Binance Smart Chain network on MetaMask.
So, when someone’s talking about Binance, they could be talking about any of these in the Binance ecosystem. But we’re only configuring the MetaMask wallet for Binance Smart Chain which uses the BEP20. Binance Smart Chain has become very popular lately, owing to the fact that people are always looking for alternatives to the Ethereum blockchain. The model of the Ethereum blockchain has led to steep rises in gas prices. Learn what liquid staking is, how it works, key benefits & risks, and how to get started using liquid staking tokens (LSTs) in DeFi how to buy meme coins protocols. MetaMask will now display a success message to confirm the network switch.
SafePal bridges the gap between mobile convenience and cold storage. With a secure QR-signing process, deep token support, and a wallet ecosystem that scales with your needs, it’s a smart option for users who want flexibility and peace of mind. SafePal takes a hybrid approach to self-custody by combining a mobile-first software wallet with an affordable hardware device. It’s ideal for users who want the ease of on-the-go crypto management with the option to step up security using offline signing.
From here, we’ll send the funds off somewhere to demonstrate how it works. We’ve just grabbed a random address from BscScan Testnet that we’ll donate them to. To illustrate how the wallet works, we will make a transaction on the testnet network using fake money. To manually add a network to your MetaMask, click Add network and then Add a network manually at the bottom of the screen. You should now see your wallet, ready to send and receive funds. Write down your secret recovery phrase and save it in a secure place.
Before adding the mainnet, you can also try to add the testnet. You can even try to add some testnet tokens to your account to make sure that the setup is working correctly. If you want to download it as a browser extension, it supports Chrome, Firefox, Brave, and Edge browsers. Go to your respective browser and follow the steps for installing the extension. MetaMask, as well, supports all Ethereum Virtual Machine (EVM) networks. Now, to answer the most important question when it comes to this whole setup, i.e., connecting MetaMask to BSC.