Complete Step by Step Guide to Create and use BSC Chain in MetaMask and Ledger

This comprehensive guide from CoinGyan will uncover the steps to use Binance Smart Chain in MetaMask and Ledger Nano X.

How to Use Binance Smart Chain in MetaMask

MetaMask has been developed to fulfill the needs of creating a secure ecosystem for websites based on Ethereum. MetaMask extension is supported in Chrome, Brave, and Firefox.

Install MetaMask Extension

You can install the MetaMask extension in Brave.”
https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn

Note: The users are required to ensure that the extension is offered by metamask.io 

Click on the Add to Brave button, and the extension will be added to your browser.

Create an Account in MetaMask for BSC

Step 1: Click on the Create a Wallet button if you do not have an account.

Step 2: Create a password of at least eight characters to secure your MetaMask plugin.

Step 3: Click on the “Create” button and then write down your backup phrase.

Save your secret words in an offline and secure place, and then click on the Next button.

Step 4: Confirm your Secret Backup Phrase and click on the Confirm button.

Congratulations! Your account on MetaMask has been created. Click on the All Done button.

Connect your MetaMask to BSC Mainnet

Step 1: Click on the profile icon from the top right corner of the MetaMask interface and select the Settings options from the drop-down.

Step 2: Click on the Networks from the left.

Step 3: Click on the Add Network button and fill in the following details in the provided fields:

• Network Name: Binance Smart Chain
• New RPC URL: https://bsc-dataseed.binance.org/
• Chain ID: 56
• Currency Symbol (optional): BNB
• Block Explorer URL (optional): https://bscscan.com/

Hit the Save button after entering the details, and Voila, You are Connected to the Binance Smart Chain. Your account or BSC has now been created, and you can check it from the top bar of the interface.

It’s the same address as for Ethereum Mainnet.

How to Connect MetaMask to Ledger Nano X

The team at CoinGyan suggest Ledger Nano X over Nano S because the former has extra storage options, and it is also better for mobile devices because of the Bluetooth connectivity option and a bigger screen. Not to forget that it is the second generation of Ledger wallet.

Step 1: Click on the MetaMask extension from the top right corner of the browser.

Step 2: Click on the profile icon and select the Connect Hardware Wallet options from the drop-down.

Step 3: Select Ledger and click on the Connect button.
Note: Please ensure that your Ledger is connected with your device before you hit the Connect button.

Step 4: Select the address and click on the unlock button.

You can now check your Ledger hardware wallet account and can use it for any BEP20 transactions on the BSC chain as well as DeFi platforms like PancakeSwap.

Note: The address where your coins are held is provided by the Ledger Nano X and not MetaMask. You will have the same address if you will connect MetaMask to other wallets that support Binance Smart Chain.

How to Send BEP20 Tokens To Your MetaMask Wallet

The BEP20 represents the token standard on the Binance Smart Chain developed with an objective to extend the scope of ERC 20 tokens (most common Ethereum standard token).

Step 1: Navigate to the BscScan and find out the contract number of the specific BEP20 token you want to send.

Note: You can check out the complete list of the BEP20 tokens here – https://bscscan.com/tokens

For example, if you want to send ETH, then you can click on the Binance-Peg Ethereum Token (ETH) and copy the contract address as appearing under the Profile Summary.

Contract Address for ETH – 0x2170ed0880ac9a755fd29b2688956bd959f933f8

Step 2: Go to MetaMask and click on the Add Token button.

Step 3: Enter the token contract address in the field {Binance-Peg Ethereum Token (ETH)} in this case. The token symbol and decimal of precision shall be fetched automatically from the smart contract.

Once the information is fetched, then you can click on Next and add your token to MetaMask.

Step 4: Click on the Add Tokens button, and you will see ETH added to your MetaMask.

Conclusion

This is a step-by-step guide to help users create and use Binance Smart Chain in MetaMask and Ledger. If the steps are followed the way they have been outlined, you will be in a comfortable position to fulfill your goals of using BSC in MetaMask, connecting MetaMask to Ledger, and sending BEP20 tokens to your MetaMask wallet. If you still have any doubts, feel free to drop them in the comments section below.