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What are the requirements for buying Binance Coin on MetaMask?

avatarjingjie yehDec 17, 2021 · 3 years ago3 answers

I want to buy Binance Coin (BNB) using MetaMask. What are the steps and requirements to do so?

What are the requirements for buying Binance Coin on MetaMask?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    To buy Binance Coin (BNB) on MetaMask, you need to follow these steps: 1. Install the MetaMask extension on your web browser and create a new wallet. 2. Add Binance Smart Chain (BSC) network to your MetaMask wallet. Go to the network settings and add the following details: - Network Name: Binance Smart Chain - New RPC URL: https://bsc-dataseed.binance.org/ - Chain ID: 56 - Symbol: BNB - Block Explorer URL: https://bscscan.com/ 3. Once you have added the Binance Smart Chain network, you need to add BNB as a custom token. Go to the 'Assets' tab in MetaMask, click on 'Add Token', and enter the following details: - Token Contract Address: 0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c - Token Symbol: BNB - Token Decimals: 18 4. Now you can buy Binance Coin (BNB) on MetaMask by connecting your wallet to a decentralized exchange (DEX) that supports BNB trading, such as PancakeSwap or BakerySwap. Simply choose the trading pair you want, enter the amount of BNB you want to buy, and confirm the transaction. Please note that you will need to have some Ethereum (ETH) in your MetaMask wallet to cover the gas fees for the transactions on the Binance Smart Chain network.
  • avatarDec 17, 2021 · 3 years ago
    Buying Binance Coin (BNB) on MetaMask is a straightforward process. Here's what you need to do: 1. Install MetaMask on your web browser and set up a new wallet. 2. Add the Binance Smart Chain (BSC) network to your MetaMask wallet by entering the network details: - Network Name: Binance Smart Chain - New RPC URL: https://bsc-dataseed.binance.org/ - Chain ID: 56 - Symbol: BNB - Block Explorer URL: https://bscscan.com/ 3. After adding the BSC network, add BNB as a custom token in MetaMask using the token contract address: 0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c 4. Once you have set up the BSC network and added BNB as a token, you can buy Binance Coin on MetaMask by connecting to a decentralized exchange (DEX) that supports BNB trading. Some popular DEXs for BNB trading are PancakeSwap and BakerySwap. Make sure you have enough ETH in your MetaMask wallet to cover the gas fees for the transactions on the BSC network.
  • avatarDec 17, 2021 · 3 years ago
    To buy Binance Coin (BNB) on MetaMask, you can follow these steps: 1. Install the MetaMask extension on your web browser and create a new wallet. 2. Add the Binance Smart Chain (BSC) network to your MetaMask wallet. You can do this by going to the network settings and adding the following details: - Network Name: Binance Smart Chain - New RPC URL: https://bsc-dataseed.binance.org/ - Chain ID: 56 - Symbol: BNB - Block Explorer URL: https://bscscan.com/ 3. Once you have added the BSC network, you need to add BNB as a custom token. Go to the 'Assets' tab in MetaMask, click on 'Add Token', and enter the following details: - Token Contract Address: 0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c - Token Symbol: BNB - Token Decimals: 18 4. Now you can buy Binance Coin (BNB) on MetaMask by connecting your wallet to a decentralized exchange (DEX) that supports BNB trading, such as PancakeSwap or BakerySwap. Choose the trading pair you want, enter the amount of BNB you want to buy, and confirm the transaction. Please note that you will need to have some Ethereum (ETH) in your MetaMask wallet to cover the gas fees for the transactions on the Binance Smart Chain network.