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How to Add Binance Smart Chain to MetaMask? What will Happen if you add BNB Smart Chain to MetaMask?

By James Dean
May 2, 2023
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In this article, you will learn how to add Binance Smart Chain to MetaMask. The Binance Smart Chain network is a powerful platform for building DeFi and NFT applications. With MetaMask, you can easily access this blockchain, as well as all other EVM-compatible networks. 

How to Add Binance Smart Chain to MetaMask?

Here are the steps to add Binance Smart Chain (BSC) to your MetaMask wallet:

- Open your MetaMask wallet and click on the menu icon (three horizontal lines) in the top right corner.

- Click on "Settings" from the dropdown menu.

- Scroll down to the "Networks" section and click on "Add Network".

-In the "Network Name" field, enter "Binance Smart Chain".

- In the "New RPC URL" field, enter "https://bsc-dataseed.binance.org/".

-In the "Chain ID" field, enter "56".

-In the "Symbol" field, enter "BNB".

-In the "Block Explorer URL" field, enter "https://bscscan.com/".

- Click on "Save" to add the Binance Smart Chain network to your MetaMask wallet.

Once you have added the Binance Smart Chain network to your MetaMask wallet, you can transfer BNB or other tokens on the Binance Smart Chain to your MetaMask wallet and use them to interact with decentralized applications (dapps) on the Binance Smart Chain network.

What will happen if you add BNB Smart Chain to MetaMask?

Adding Binance Smart Chain (BSC) to your MetaMask wallet allows you to interact with decentralized applications (dapps) and use BSC-based tokens within the MetaMask ecosystem. Here are some reasons why you might want to add BSC to MetaMask:

Access to BSC-based dapps: By adding BSC to MetaMask, you can easily access and interact with dapps built on the Binance Smart Chain network, such as PancakeSwap, BakerySwap, and Venus.

Lower transaction fees: Binance Smart Chain has lower transaction fees compared to the Ethereum network, making it more affordable to transfer and trade tokens. By using BSC-based dapps within MetaMask, you can take advantage of these lower fees.

Diversification of assets: Adding BSC to MetaMask allows you to diversify your crypto holdings and access a wider range of tokens that are not available on the Ethereum network.

Trading opportunities: By adding BSC to MetaMask, you can trade BSC-based tokens on decentralized exchanges (DEXs) like PancakeSwap and BakerySwap, which can provide opportunities for trading and investing.

In summary, adding Binance Smart Chain to MetaMask can provide access to a wider range of dapps and tokens, lower transaction fees, and opportunities for trading and investing.

Bottom Line

The Binance team is also working on a number of other projects to support the growth of the Binance Smart Chain ecosystem, including a cross-chain bridge that will allow users to move assets between their network and Ethereum. This article is about how to add BNB Smart Chain 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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