Write down your seed phrase and continue.Ĩ. Create and confirm the password before continuing.Ħ. Also, we can receive and send funds on both Binance chains and Ethereum. We need this wallet because we could do cross-chain transfers on both Binance blockchains. Installing Binance Chain Walletġ First, go to (I like to clarify that using VPN could be necessary if your country restricts Binance websites) to install a Binance chain wallet. There are quite a few steps to be done, but this is a complete guide from A to Z. That will let you use DEXs on Binance such as Pancake swap and interact with decentralized applications on the blockchain. We will install Binance smart chain extension wallet and then transfer funds to it from a wallet we got BNB tokens.
#BINANCE SMART CHAIN WALLET VS METAMASK HOW TO#
There are few steps we need to do before ad the Binance Smart chain to MetaMask Follow this guide on how to install MetaMask if you don’t have the wallet already. If I have to be honest Binance platform lacking behind in terms of decentralization, then Ethereum, but I don’t think that is what should worry you. The blocks of the Binance chain are twice bigger and faster with only 5 second block time. That means every Dapp that runs on Etereum could run on Binace smart chain, and we can use MetaMask wallet. Binance smart chain is a fork of Ethereum blockchain.
Transactions are significantly cheaper, and the user experience is similar, if not even better. Also, you will see how to send BNB token to MetaMask from 3rd party wallet via the Binance Chain browser extension wallet.īinance Smart chain is gaining popularity as an Ethereum alternative mostly because of the cheaper transaction fees. In this guide, you will learn how to add Binance Smart Chain to MetaMask. How to add Binance Smart Chain to MetaMask
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