Crypto wallets are not only used to connect the Ethereum blockchain, but it also connects many other blockchains. MetaMask is commonly used to connect you with different platforms, and decentralized apps like Binance Smart Chain, Binance, SushiSwap, Kraken, and many more.
Binance Smart Chain connection with MetaMask enables you to perform BNB transactions through MetaMask.
What Is Binance Smart Chain?
Binance Smart Chain BNB is the fastest decentralized blockchain ecosystem, it is well known due to its lightning-fast speed. It creates a new block every 3 seconds unlike Ethereum takes thirteen seconds to generate a new block.
Why Do We Need to Set Up Metamask?
To interact with the Binance Smart Chain network we need a compatible wallet which is MetaMask, by default, the BNB doesn’t connect to MetaMask. Here are step-by-step guides to set up the MetaMask:
I: MetaMask Wallet Creation
Go to the install Metamask Extension, and click on the button “Add to Chrome” to install the extension.
Click on the “Add extension” button:
After installation, click on the “extension” icon found on the top right side of the browser and open MetaMask.
Click on “Get Started”:
Read the instructions carefully and click “I agree”:
Here you can create or import a wallet, to create a new wallet click on “Create Wallet”:
Create a password, here one thing you should keep in mind is you have to remember everything because MetaMask doesn’t provide a forgotten password, and then hit the button “Create”:
Watch the video to learn good practices to secure the MetaMask and the hit button “Next”:
Reveal the word phrase and copy it to the clipboard or write it down and hit the “Next” button:
Check each phrase in the same sequence, that was given on the previous page and hit the “Confirm”:
Read and click on “All done”:
Here the wallet has been created:
II: How to Connect MetaMask to the Binance Smart Chain Network
Here is a step-by-step guide to connecting MetaMask to the BNB network:
Step 1: Log in to the MetaMask account:
Step 2: Make sure “Ethereum Mainnet” is checked:
Step 3: Go to “Profile” and navigate to “Settings”
Step 4: Go to the “Networks”:
Step 5: Click on “Add on network” to add the BNB network:
Step 6: Click on “Add a network manually” to add a manual network:
Step 7: Enter the following details to add the BNB network
Network Name: Smart Chain New RPC URL: https://bsc-dataseed.binance.org/ Chain Id: 56 Currency Symbol: BNB Block Explorer URL: https://bscscan.com
After entering all the details hit the “Save” button:
Step 8: Here you can see BNB Network is successfully added:
Binance Smart Chain connection with MetaMask enables you to perform BNB transactions through MetaMask. MetaMask is commonly used to connect you with different platforms, and decentralized apps like BNB. Furthermore, it is a cryptocurrency used for trading and paying fees on the cryptocurrency exchange.