Binance Smart Chain, How to connect metamask. [EarnCryptoOnline]

By Jur420 | EarnCryptoOnline | 20 Feb 2021


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I myself recently got into the Binance smart chain (BSC) which is currently somewhat the hottest topic in cryptocurrencies. This because for quite some time the ethereum network has been congested with extremely high fees to interact with smartcontracts. Causing a very negative opinion for the investor with somewhat smaller bags, and almost deems ethereum the smart contract blockchain for the rich. For example trying to make a simple swap on uniswap could cost you 50$+ in fees. 

It is this specific reason I almost never used any of the super populair DEFI projects on ethereum, where I have seen people gain the most crazy amounts of yield from providing liquidity staking or lending.

Ive tried to look on the tron network but never found any great DEFI projects most of them where all scams or ponzi's

So binance released their own chain network the Binance Smart Chain. And a lot of cool projects that only used to exist on the ethereum network are already booming since bsc fixes the crazy fees.

However I'm not the most technical and had a bit of a struggle to find out how to use the bsc simply with your metamask wallet, so therefore I made this guide for those who want to connect their metamask to BSC and use BSC DEFI.

Metamask BSC Setup guide

I go out that you already have a metamask plugin and a wallet. This is specificly how to connect with the BSC.

1. Open your metamask and click the network drop-down button, which should display "ethereum mainnet" and click add Custom RPC.

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2. Now you need to input the details of the network. As I have done here bellow on the screenshot, can copy lines directly bellow.

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Network Name: Smart Chain

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

ChainID: 56

Symbol: BNB

Block Explorer URL: https://bscscan.com

Click save and it should connect to the network. now you can choose the Binance smart chain from the network select menu. But to operate on the BSC  instead of gas fees you will have to pay fees in binance coin, no need to worry though these fees are way lower than ethereum. So I highly suggest to get some BNB from binance, make sure you choose to withdraw it to the binance smart chain and your good. 

Once funds arrived you finally are able to use some nice defi project on the fresh BSC. Keep in mind there is a small bug currently that the BNB balance display's a Ethereum logo wile it is BNB. Here is a good website with an overview with the best bsc defi projects.

I personally got into pancakeswap, where you can swap, provide liquidity and stake. Further on I am also yielding a bit on autofarm. Also I read that they are trying to launch FARM on bsc as well, which you can earn here on publish0x. These projects are currently at a pretty high peak so do your own research and don't just follow what I do I'm no financial advisor. 

Hopefully this helped you out a bit, I might do another post in the future on specific DEFI projects on BSC.

For more articles like this or others on crypto earning follow me, Tips appreciated and I wish you a blessed day in Crypto.

Check out my website for great crypto earning platforms.

Take note I'm no a financial advisor and you yourself are countable for every financial action you take.

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Jur420
Jur420

Crypto enthousiast


EarnCryptoOnline
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