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How to Setup Binance Chain on Metamask
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Introductioncrypto,coin,price,block,usd,today trading view,In the rapidly evolving world of cryptocurrency, Binance Chain has emerged as a popular platform for airdrop,dex,cex,markets,trade value chart,buy,In the rapidly evolving world of cryptocurrency, Binance Chain has emerged as a popular platform for
In the rapidly evolving world of cryptocurrency, Binance Chain has emerged as a popular platform for decentralized applications (DApps) and smart contracts. Metamask, on the other hand, is a widely used Ethereum wallet that allows users to interact with the Ethereum blockchain. In this article, we will guide you through the process of setting up Binance Chain on Metamask, enabling you to access the Binance Chain ecosystem seamlessly.
What is Binance Chain?
Binance Chain is a decentralized blockchain platform designed to facilitate the creation of DApps and the execution of smart contracts. It aims to provide a high-performance, low-cost, and scalable solution for developers. Binance Chain is built on a unique consensus mechanism called Proof of Staked Authority (PoSA), which ensures high throughput and low latency.
What is Metamask?
Metamask is a popular Ethereum wallet that allows users to store, send, and receive Ethereum and ERC-20 tokens. It also enables users to interact with DApps on the Ethereum network. Metamask is available as a browser extension for Chrome, Firefox, and Brave, as well as a mobile app for iOS and Android devices.
Why Set Up Binance Chain on Metamask?
Setting up Binance Chain on Metamask provides users with the ability to access the Binance Chain ecosystem, including its decentralized exchanges, DApps, and smart contracts. By doing so, you can take advantage of the high-performance and low-cost features offered by Binance Chain, while still using the familiar interface of Metamask.
How to Setup Binance Chain on Metamask
1. Install Metamask
Before you can set up Binance Chain on Metamask, you need to have the Metamask wallet installed. You can download the Metamask browser extension from the official website (https://metamask.io/).
1.1. For Chrome:
- Open Chrome and navigate to the Chrome Web Store.
- Search for "Metamask" and click on the "Add to Chrome" button.
- Click "Add extension" to install Metamask.
1.2. For Firefox:
- Open Firefox and navigate to the Firefox Add-ons store.
- Search for "Metamask" and click on the "Add to Firefox" button.
- Click "Add" to install Metamask.
1.3. For Brave:
- Open Brave and navigate to the Brave Add-ons store.
- Search for "Metamask" and click on the "Add to Brave" button.
- Click "Add to Brave" to install Metamask.
2. Create a New Account
Once Metamask is installed, you will need to create a new account. Follow the on-screen instructions to create a strong password and write down your seed phrase. Keep this information safe, as it is essential for accessing your wallet.
3. Add Binance Chain to Metamask
To add Binance Chain to Metamask, you need to add a custom network. Here's how to do it:
3.1. Open Metamask and click on the network icon in the upper right corner.
3.2. Select "Custom RPC" from the dropdown menu.
3.3. Enter the following details:
- Network Name: Binance Chain
- New RPC URL: https://data-seed-prebs-1-s1.binance.org:9845/
- Chain ID: 28
- Currency: BNB
- Block Explorer URL: https://testnet.binance.org/
3.4. Click "Save" to add the Binance Chain network to Metamask.
4. Verify Binance Chain Network
After adding the Binance Chain network, you need to verify it. To do this:
4.1. Click on the network icon in the upper right corner of Metamask.
4.2. Select "Binance Chain" from the list of networks.
4.3. If the network is verified, you will see a green checkmark next to it.
Congratulations! You have successfully set up Binance Chain on Metamask. Now you can access the Binance Chain ecosystem and interact with DApps, decentralized exchanges, and smart contracts using your Metamask wallet.
In conclusion, setting up Binance Chain on Metamask is a straightforward process that allows you to access the Binance Chain ecosystem seamlessly. By following the steps outlined in this article, you can take advantage of the high-performance and low-cost features offered by Binance Chain while still using the familiar interface of Metamask. Happy exploring!
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