Luckily, there’s a way around it and MetaMask can be used with BSC. The combination of MetaMask and BSC opens up a whole lot of features to the users. To take advantage of these features, we will explain the process of connecting MetaMask to Binance Smart Chain. So, without any delay, let’s learn how to add Binance Smart Chain to MetaMask for seamless transactions in BNB.
- Connecting MetaMask to Binance Smart Chain: What Is MetaMask?
- Step 1: MetaMask Installation & Wallet Creation
- What is Binance Smart Chain?
- What was the highest price for Binance-Peg Avalanche?
- What was the lowest price for Binance-Peg Avalanche?
- What was the 24 hour trading volume of Binance-Peg Avalanche?
- Where can Binance-Peg Avalanche be traded?
- Similar Posts:
Connecting MetaMask to Binance Smart Chain: What Is MetaMask?
Before we get started, it’s important to understand what MetaMask is. MetaMask is essentially a crypto wallet that can be used to connect to the Ethereum blockchain. Ethereum-based tokens, such as ERC20, 721, etc.
If you have entered everything correctly, you will notice that your Metamask wallet shows BNB balances by default rather than ETH.
Here you have it, your BNB wallet is ready to receive its first BNB or BEP-20 token deposit. You can now use it with other fun Binance Smart Chain dapps like PancakeSwap and others.
If youâ€™re sending BEP-20 tokens to your wallet, youâ€™ll have to add the token manually by clicking â€œAdd Custom Token.â€ Here, you will have to paste in the tokenâ€™s smart contract address, which can be found at BscScan block explorer.
If you want to test Binance Smart Chain first, feel free to transact some tokens on the testnet.
Step 1: MetaMask Installation & Wallet Creation
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.
- Open Chrome and visit the official Metamask website and click “Download Now”
- On the download page, select “Install MetaMask on Chrome”
- After installation, you’ll be asked if you’re “New to MetaMask?” along with several options like “Import Wallet” and “Create A Wallet”
- If it’s the first time you’re using MetaMask, click on “Create A Wallet”, or else, click on “Import Wallet” for your secret recovery phrase.
On selecting the former, you’ll get a recovery phrase that can be used to get access to your MetaMask wallet.
As the trailblazer of decentralized cross-chain service, Multichain provides interconnect infrastructure for 25 mainstream public blockchains including Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon and Harmony. The Total Value Locked (TVL) on Multichain, whose number of users exceeds 300,000, is more than $5 billion, with over 1,000 crypto assets circulating among different mainnets. It is unsurpassed in terms of speed, security and decentralization.
Builders can create application layers on top of it to strengthen DeFi composability.
“Multichain now is the cross-chain infrastructure that connects more public blockchains and crypto assets than anyone else, with lower transaction fees, shorter bridging time and higher security levels.
SINGAPORE, Dec. 21, 2021 /PRNewswire/ — Multichain (previously Anyswap), the world’s leading cross chain protocol, raises a $60 million financing round at $1.2 billion valuation led by Binance Labs, joined by Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey. Besides backing Multichain financially, all the supporters will be jointly involved in the project’s development at a deep level to achieve the common vision for web3.
Multichain, rebranded from Anyswap, will continue with what it has achieved to date as a router protocol for Web3.
Primarily it is used to communicate with the Ethereum blockchain, but you can also connect MetaMask to the Binance Smart Chain network, which will enable you to make BNB transactions through MetaMask. Apart from this transaction, BNB can also be swapped for other tokens on decentralized exchanges.
What is Binance Smart Chain?
BSC can be best described as a blockchain that runs parallel to the Binance Chain but doesn’t replace the latter. BSC was launched by the Binance crypto exchange after the Binance Chain network to improve the programmability of its predecessor.
Even though both the exchanges support cryptocurrency, BSC has the upper hand because it is equipped with Ethereum Virtual Machine (EVM) and smart contracts.
This affects BSC’s services in two meaningful ways.
Aligning with our plan to improve Web3, Multichain will integrate NFT Cross-Chain Bridge and our new anyCall solution for arbitrary cross-chain contract calls, supporting innovative NFT and DeFi DApps in cross-chain ecosystems. We will remain on the frontline of cross-chain research,” said Zhaojun, the Co-founder of Multichain.
Bill Chin, Head of Investment at Binance Labs, said: “Binance Labs invests in disruptive innovations that have incredible potential to shape the crypto landscape, which is why we are fully supporting Multichain.” Peter Huo, Investment Director at Binance Labs, added: “Multichain is a key contributor to the multi-chain future for crypto.
Blockchain cross-chain protocol provider Multichain, formerly AnySwap, announced today it has raised $60 million in a seed funding to advance its mission of building “the ultimate router for Web 3.0” decentralized networks.
Binance Labs led the financing round. Also participating in the round were Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey.
Blockchain technology provides the foundation for what is known as Web 3.0, also called the semantic web, which permits the creation of decentralized applications that run on smart contracts.
- Network Name: Binance Smart Chain
- New RPC URL:https://bsc-dataseed.binance.org/
- ChainID: 56
- Symbol: BNB
- Block Explorer URL:https://bscscan.com
In case youâ€™re a developer or want to experiment with Binance Smart Chain, you can also add a Testnet option by repeating the same process:
- Network Name: Smart Chain – Testnet
- New RPC URL:https://data-seed-prebsc-1-s1.binance.org:8545/
- ChainID: 97
- Symbol: BNB
- Block Explorer URL:https://testnet.bscscan.com
Click on Save button and the default network will automatically switch to the one youâ€™re just entered.
Binance-Peg Avalanche price today is $23.41 with a 24-hour trading volume of $281,884. AVAX price is up 1.2% in the last 24 hours. It has a circulating supply of 0 AVAX coins and a total supply of ?. If you are looking to buy or sell Binance-Peg Avalanche, BabySwap is currently the most active exchange.
What was the highest price for Binance-Peg Avalanche?
Binance-Peg Avalanche hit an all time high of $145.44 on Nov 23, 2021 (8 months).
What was the lowest price for Binance-Peg Avalanche?
Binance-Peg Avalanche had an all time low of $13.78 on Jun 18, 2022 (about 1 month).
What was the 24 hour trading volume of Binance-Peg Avalanche?
The 24 hour trading volume of Binance-Peg Avalanche is $281,884.
Where can Binance-Peg Avalanche be traded?
You can trade Binance-Peg Avalanche on BabySwap, Acsi Finance, and BabySwap.
MetaMask and create a new wallet.
Once you’ve created a new wallet, navigate to the “Settings” page by clicking on your profile icon followed by “Settings”.
On the “Settings” page, click on “Networks” and click on “Add Network”.
After you’ve clicked on “Add Network”, you’ll see multiple fields that you have to fill up.
This includes “Network Name”, “New RPC URL”, “Chain ID”, and others.
You need to fill in the fields according to the Binance Smart Chain network.
Once you’ve filled in the fields according to the Binance Smart Chain network, click on “Save” to connect it to MetaMask.
Here’s how you can connect MetaMask to Binance Smart Chain (BSC):
- Install MetaMask & create a new wallet
- Navigate to “Networks” & add a new network
- Add the “Smart Chain” network