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How to Add Binance Network to MetaMask? What is Binance Smart Chain?

By Wayne Ingram
May 2, 2023
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In this article, you will learn how to add Binance network to MetaMask. Binance Smart Chain is compatible with the Ethereum Virtual Machine (EVM), which means that you can use MetaMask to interact with Binance Smart Chain in the same way that you would interact with the Ethereum network. Binance Smart Chain uses the same web3 provider interface as Ethereum, which allows you to connect your MetaMask wallet to the Binance Smart Chain network and access your BNB balance and other Binance Smart Chain assets. 

How to Add Binance Network to MetaMask?

MetaMask currently supports the Binance Smart Chain (BNB) network because it is an Ethereum Virtual Machine (EVM) compatible network. This means that the Binance blockchain is built in the same programming language as Ethereum, which is called Solidity.

MetaMask currently supports all networks that are built using solidity and are EVM compatible like AVAX, Fantom, Binance Smart Chain, Polygon, and many others.

To add the BNB network to your MetaMask wallet, please follow this short guide:

Download the MetaMask browser extension.

Go on your MetaMask wallet and select the 'Add Networks' button.

Copy and paste the verified Binance (BNB) RPC details onto this page. (You can find the verified Binance Smart Chain RPC in the paragraph below).

Once you enter these details and select 'Save' you will be connected to the Binance Network.

Binance Smart Chain (BNB) RPC Details

The information below are the verified RPC endpoints to add the Binance Smart Chain network to your MetaMask wallet.

‍Network Name: Smart Chain‍

New RPC URL: https://bsc-dataseed.binance.org/‍

Chain ID: 56‍

Symbol: BNB‍

Block Explorer URL: https://bscscan.com

What is Binance Smart Chain?

Binance Smart Chain is a high-performance blockchain developed by the popular cryptocurrency exchange Binance. It is designed to enable the creation of decentralized applications (dApps) and smart contracts that are compatible with the Ethereum Virtual Machine (EVM).

Binance Smart Chain uses a Proof-of-Staked Authority (PoSA) consensus algorithm, which combines the Proof-of-Stake (PoS) and Proof-of-Authority (PoA) consensus mechanisms to achieve high scalability, low latency, and low transaction fees. It also supports cross-chain interoperability, allowing users to transfer assets between Binance Smart Chain and other blockchains such as Ethereum.

Binance Smart Chain has become popular among developers and users of decentralized finance (DeFi) applications due to its low transaction fees and fast transaction processing times. It also offers a range of features such as support for non-fungible tokens (NFTs), decentralized exchanges (DEXs), and other dApps.

In addition, Binance Smart Chain has its own native cryptocurrency, Binance Coin (BNB), which is used for governance, transaction fees, and other purposes. Overall, Binance Smart Chain represents a promising platform for the development of next-generation blockchain applications and the growth of the decentralized finance ecosystem.

Bottom Line

When you add the Binance Smart Chain network to MetaMask, you will be able to switch between the Ethereum and Binance Smart Chain networks with just a few clicks, making it easy to manage your assets on both networks from a single wallet interface. This article is about how to add Binance network to MetaMask.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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