![]() 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. Click on the transaction to open its details and then on "View on Block Explorer".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! Once your transaction is confirmed, check it on block explorer. Then click on the save button.Ĭonfirm your transaction by clicking the confirm button. Make sure to select the "Always use these value and advanced setting as default". Update the "Max Base Fee" and the "Priority Fee" options to a higher value than the default.Go to Advanced Options to edit the default gas fees.Click on the "Market" icon to modify the default gas fees.Input the the amount of tokens you want to transfer and then press the "Next" button.Transfer BNB to other BNB Smart Chain address ![]() ChainID: 0x38, 56 in decimal (if 56 doesn’t work, try 0x38).ChainID: 0圆1, 97 in decimal (if 97 doesn’t work, try 0圆1).Select each phrase in order to make sure it is correct then click “Confirm”.Ĭongratulations! you have create your MetaMask account! Connect Your MetaMask With BNB Smart Chain .Click on “Create” and then write down your backup phrase.Create Password of at least 8 characters.The workflow is the same for all browsers Create an account in MetaMask for BNB Smart Chain That’s it! You have successfully installed MetaMask extension in Brave! Note: Make sure it’s offered by metamask.io Open Extension Category in Brave: for MetaMask.Install Įxample: Install MetaMask in Brave browser It’s supported in Chrome, Brave, and Safari browsers. In particular, it handles account management and connecting the user to the blockchain. MetaMask was created out of the needs of creating more secure and usable Ethereum-based web sites. If you encounter any network configuration issues in MetaMask, please make sure you have the latest version running.
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