You may have also heard of Uniswap, this DEX facilitates ERC20 tokens and you will be required to hold ETH within the Ethereum network on your MetaMask wallet before partaking in any activity. We have only covered the Binance Smart Chain today and the most familiar DEX for this to be used alongside is PancakeSwap. When you get to the stage of using DEX’s please be aware that each DEX functions on a particular network and they require different contract addresses and tokens to cover the gas fees. This allows you to enjoy the years of development put into making MetaMask the perfect tool for anyone interacting with decentralized applications. But, with minimal effort, anyone can configure it to point towards Binance Smart Chain or many other chains. MetaMask has long been the go-to bridge for accessing the revolutionary Ethereum landscape. Popular Tokens you may initially wish to add and the correct contract addresses for each of these:- BUSD In your assets tab and underneath where BNB is listed, you will see ‘import tokens’, you will need to click this in order to add further assets to your MetaMask. This may be so that you can add a token contract address for the latest ‘Initial Dex Offering’ (IDO) or to store compatible NFT’s which you have purchased.Įither way, contract addresses which you will probably want add to your list of assets are familiar tokens which will allow you to transact freely via the Decentralised Exchange’s (DEX’s) of your choice, in the case of Binance Smart Chain this is most likely to be the most popular DEX, PancakeSwap. Within the custom network which you have just added, you will see that you have ‘assets’ and ‘activity’, the latter is self-explanatory but assets is where you can add all of your tokens of choice. Importing The Contract Address For The Asset Of Your Choice Before Transacting You will see a short video at this stage which explains in further detail. Confirm that you’ve written them down on the next page. Without this phrase, your assets will be lost if you forget your password or your device is damaged or lost. Next, you will be prompted to secure your wallet with a 12 word backup seed phrase, this is your “master key” write down the backup seed phrase somewhere safe and secret (preferably not on an Internet-connected device). Once you click ‘Create a wallet’, you will need to choose a password and then confirm this password. Next, continue with the setup specified by the app. When prompted you will need to accept the pop up which suggests ‘add extension’(once full installation is completed, this extension will appear as a plug-in at the top right hand corner of your browser). From there, select your chosen browser, and follow the steps to install it on your device. Once you have decided which browser you want to use, head over to the MetaMask Download page. The preferred browser and for the purposes of this tutorial, we’ll use the Brave version (Brave browser, is our browser of choice due to privacy advancements and the ability to earn BAT rewards whilst going about your daily online activities), but the instructions will be very similar for every platform. MetaMask can be downloaded on Chrome, Firefox, Edge and Brave Browser, or on iOS and Android if you’re a mobile user.
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