Withdrawing from BinanceĬhances are if you’re reading this, you already have a Binance account. If you’d like to trade on Binance DEX, you’ll need to use BEP-2 tokens, while if you’d like to use dApps on BSC, you’ll need BEP-20 tokens. īefore we go further, however, it’s important that we clear up some conceptual background.īNB Smart Chain supports the BEP-20 token standard, while BNB Beacon Chain, the home of Binance DEX, supports the BEP-2 token standard. So, now we have plenty of wallets to choose from, but how can we move funds to the chain? We can withdraw from our Binance account or use the Binance Bridge. How to get crypto to BNB Smart Chain (BSC) You can get it as a browser extension for Chrome, Firefox, and Brave. Binance Walletīinance Wallet is another option that you have for certain apps on BSC. Trust Wallet is one of the easiest mobile wallets to use, so if you’d like to use BSC from your pocket, it’s among the best options. Some dApps, such as PancakeSwap, allow you to connect using Trust Wallet. This way, you can use a familiar UI when interacting with BSC.Īs to how to connect your MetaMask to BSC? We’ve got a detailed guide about it, so check out Connecting MetaMask to BNB Smart Chain if you’re interested. īut wait, isn’t MetaMask an Ethereum wallet? It is, but actually, it’s quite easy to connect it to BSC. If not, no worries, we’ve got your back – we have a guide on How to Use MetaMask. ![]() Something you might already be familiar with is MetaMask. In addition to the ones mentioned below, you can also use Math Wallet, Ledger, TokenPocket, Bitkeep, ONTO, Safepal, and Arkane. It’s worth keeping in mind that this isn’t an exhaustive list. The good news is that you have quite a few options to choose from. So let’s dive in.įirst things first, you’ll need a wallet to interact with the applications on BSC. ![]() That article can give you a walkthrough of the mechanics of the blockchain, while this one will provide practical information about how to get started. Introductionįirst, if you’d like to get an overview of the technology behind BSC, check out An Introduction to BNB Smart Chain (BSC). ![]() Ranging from token swaps to decentralized money markets and cute NFTs, there are many options to earn yield or simply to have fun.īut what do you need to get started, and how do you do it? We’ll go through it all in this article. Binance Chain’s BEP-2 and BEP-8 tokens can likewise be swapped for the Smart Chain’s BEP-20 tokens.BNB Smart Chain (BSC) has been booming with activity. Assets can be quickly transferred between the blockchains, thus pairing the speedy trading capabilities of the former with the smart contract functionality of the latter. Validators on the network are those who have staked a certain amount of BNB, and then receive transaction fees when they validate approved blocks on the network.Īs mentioned, Binance Chain and BNB Chain are designed to work in unison, and Binance has built-in easy cross-chain compatibility between them. How does BNB Chain work?īNB Chain utilizes what it calls a Proof-of-Staked Authority (PoSA) consensus algorithm, a hybrid of proof-of-stake and proof-of-authority models. It’s a completely separate, standalone blockchain that can continue on even should the Binance Chain go offline, but the two blockchains are ultimately designed to work in parallel. However, BNB Chain isn’t a rebranded version of the original Binance Chain, nor is it a layer-two or sidechain platform meant solely to expand upon the original Binance Chain. Numerous crypto projects are already working with the Binance Chain community to help make BSC a robust blockchain platform, such as:
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