What is Binance Smart Chain and how can I use it on Metamask?
Recep ArdaDec 17, 2021 · 3 years ago3 answers
Can you explain what Binance Smart Chain is and provide instructions on how to use it on Metamask?
3 answers
- Dec 17, 2021 · 3 years agoBinance Smart Chain (BSC) is a blockchain platform developed by Binance, one of the largest cryptocurrency exchanges in the world. It is designed to provide fast and low-cost transactions, making it an attractive option for decentralized applications (dApps) and DeFi projects. To use Binance Smart Chain on Metamask, you need to add the BSC network to your Metamask wallet. Here's how: 1. Open Metamask and click on the network selection dropdown (usually located at the top of the interface). 2. Click on 'Custom RPC'. 3. In the 'Network Name' field, enter 'Binance Smart Chain'. 4. In the 'New RPC URL' field, enter 'https://bsc-dataseed.binance.org/'. 5. In the 'Chain ID' field, enter '56'. 6. In the 'Symbol' field, enter 'BNB'. 7. In the 'Block Explorer URL' field, enter 'https://bscscan.com/'. 8. Click 'Save'. Now you should be able to switch to the Binance Smart Chain network in Metamask and use it to interact with dApps and DeFi projects built on Binance Smart Chain.
- Dec 17, 2021 · 3 years agoBinance Smart Chain (BSC) is a blockchain platform created by Binance, one of the leading cryptocurrency exchanges. It offers a high-performance and low-cost infrastructure for decentralized applications and DeFi projects. To use Binance Smart Chain on Metamask, you need to configure your Metamask wallet to connect to the BSC network. Here's a step-by-step guide: 1. Open Metamask and click on the network selection dropdown. 2. Select 'Custom RPC' from the dropdown menu. 3. Enter 'Binance Smart Chain' as the network name. 4. Enter 'https://bsc-dataseed.binance.org/' as the RPC URL. 5. Enter '56' as the Chain ID. 6. Enter 'BNB' as the symbol. 7. Enter 'https://bscscan.com/' as the Block Explorer URL. 8. Click 'Save' to add the Binance Smart Chain network to Metamask. Once you have added the BSC network, you can switch to it in Metamask and start using Binance Smart Chain for various purposes, such as interacting with dApps and participating in DeFi protocols.
- Dec 17, 2021 · 3 years agoBinance Smart Chain (BSC) is a blockchain platform developed by Binance, a well-known cryptocurrency exchange. It offers a scalable and efficient infrastructure for decentralized applications and DeFi projects. To use Binance Smart Chain on Metamask, you need to add the BSC network to your Metamask wallet. Here's a simple guide: 1. Open Metamask and click on the network selection dropdown. 2. Select 'Custom RPC' from the dropdown menu. 3. Enter 'Binance Smart Chain' as the network name. 4. Enter 'https://bsc-dataseed.binance.org/' as the RPC URL. 5. Enter '56' as the Chain ID. 6. Enter 'BNB' as the symbol. 7. Enter 'https://bscscan.com/' as the Block Explorer URL. 8. Click 'Save' to add the Binance Smart Chain network to Metamask. Once you have added the BSC network, you can switch to it in Metamask and start using Binance Smart Chain for various purposes, such as interacting with dApps and participating in DeFi protocols.
Related Tags
Hot Questions
- 98
What are the tax implications of using cryptocurrency?
- 98
How can I buy Bitcoin with a credit card?
- 88
What are the best digital currencies to invest in right now?
- 86
Are there any special tax rules for crypto investors?
- 78
How can I protect my digital assets from hackers?
- 70
What is the future of blockchain technology?
- 55
How can I minimize my tax liability when dealing with cryptocurrencies?
- 39
What are the advantages of using cryptocurrency for online transactions?