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An alternative (easy) way to connect Binance Smart Chain to Metamask using Chainlist.org

First of all, I want you to know more about Binance Smart Chain (BSC). BSC is a blockchain network launched by Binance in April 2019. It is optimized for fast transactions and has lower gas fees compared to other networks. The native token of this network is BNB, which is used to pay for transaction gas.

At Reental, we initially started with the Ethereum network, but due to the high gas costs, we explored other networks, and currently, we are focusing on BSC. In this article, I'll show you how to configure your Metamask wallet for the Binance Smart Chain since it defaults to Ethereum. With a few simple steps, you can direct it to work with BSC.

Remember, it's crucial to ensure you are on the correct network before moving any tokens. At best, your transactions won't work correctly, and at worst, you could lose your funds by sending them to addresses that aren't compatible. You can watch the video for the process, or if you prefer, follow the steps described below.

 


Here's the same process described:

  1. Go to https://chainlist.org/ to configure your wallet for the Binance Smart Chain.
  2. Click on "Connect Wallet," and your Metamask extension should open automatically. If it doesn't open automatically, click on the Metamask extension icon in your browser.

Please let me know if you'd like me to continue with the next steps.

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If Metamask is not already open, you will be prompted to enter your wallet password to access and allow the connection to the website.

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Once inside, you will receive a notification to approve the connection between Chainlist.org and your Metamask.

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We follow the steps as indicated, clicking on "Connect" and then "Next," and we will have our wallet connected to Chainlist.org. Now, it's time to add the BSC network. We search for "Binance Smart Chain" in the search bar, although it's not usually necessary as it often appears on the first page of the website. Click on "ADD TO METAMASK."

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We will receive another notification from Metamask to approve this action. Click "Approve" to allow Chainlist to add a new network and change the network for us automatically, so we don't have to do it manually.

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Once you do this, you'll notice two things: the network has been automatically configured to the one you just connected, and the units are no longer denominated in ETH but in BNB.

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To make transactions, you'll need BNB, which is the native token of the Binance Smart Chain. Here are the steps:

1. Visit binance.com and create an account. Binance is the world's largest cryptocurrency exchange.

2. Once your account is set up, you'll need to fund it with either crypto or fiat currency (such as Euros, Dollars, or your local currency). If you already have cryptocurrency, you can skip the following steps and directly exchange it for BNB.

3. If you don't have cryptocurrency, you can purchase BNB using a credit/debit card, bank transfer, or other methods depending on your country. Follow the instructions to deposit fiat money into your Binance account and then buy the desired amount of BNB.

4. After you have BNB available in your Binance account, you can send it to your Metamask wallet via the Binance Smart Chain (BEP20). Here's how:

Retira tu depósito de criptomoneda en Binance por Binance Smart Chain


Done! In a few seconds, you'll receive those BNB in your Metamask wallet.

Conclusions:

MetaMask has long been the go-to gateway for accessing the extensive Ethereum landscape. However, with minimal effort, anyone can set it up to point to the Binance Smart Chain. This allows you to enjoy years of development to make MetaMask an indispensable tool for anyone interacting with decentralized applications.

How to buy tokens for the next property:

1. Register on reental.co and complete the KYC (Know Your Customer) process.

2. Request Whitelisting on the platform itself.

3. After a few hours of reviewing the above steps, you'll be notified, and you can start interacting with these tokens (as well as all the others we launch).

Let's continue! 💼

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