on today's coin market cap tutorial we will learn how to connect our metamask wallet to the bnb
chain once we have metamask and the bnb chain all linked up then you can use all of the services
that are already on the bnb chain services like pancake swap venus and so much more make sure
you check out the timestamps in the description of this video to easily navigate through this
tutorial and if this is your first time here my name is rodney and here at coinmarketcap we are on
a mission to make cryptocurrency more accessible all around the world that is why we love making
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ever miss an upload and without further ado let's learn together this is how you connect metamask
to the bnb chain so the first thing we're going to need to do is open up our metamask
wallet once we have that open we can see that by default we are already connected to the ethereum
mainnet this is the network up here we want to be connected to the b and b chain obviously right for
this video so we're going to go ahead and click on that go down to add network and once you press
that another window is going to pop up now in order to get onto the b and b chain we're gonna
need to plug in some things here on this page so for this example i'm going to be using coin market
caps alexandria article on how to connect metamask to the bnb chain and of course i'll include a link
to this article in the description box down below so about halfway through the page we
are going to find everything we need to plug in the metamask in order to access the bnb
chain so we'll go ahead and copy the network name paste that right here the new url paste that here
the chain id which is 56. the symbol which of course is bnb and then the block explorer url
so once we have everything ready to go we're going to go ahead and press save and voila just like
that we are now on the bnb chain so now how are we going to put b and b into our wallet there are so
many different ways to get bnb into your metamask wallet but for this example i only think it's
appropriate that we use the binance exchange after all we are using their blockchain now of course
on any exchange you're going to need to fund it somehow whether that's a checking account a debit
card credit card whatever the case you need to get money on your exchange once you get money on your
exchange you need to swap for b and b once you have b and b in your account then you can send
it directly to your wallet and it's super easy so i'm going to go down and click b and b so in this
account i currently have 0.153 b b which equals about 55 usd i'm going to go and send some of that
to my wallet right now i'm going to go ahead and click withdraw now i'm going to enter the amount
i want to withdraw so i'm going to do about 0.1 that seems about right next you need to enter
the recipient address which is just your wallet address so we're going to go back to our meta mask
account and right under the name for your wallet you're going to see your wallet address we're
literally just going to copy that to our clipboard go back to binance and paste that in the recipient
address then we're going to review our withdrawal we'll go ahead and confirm it so once you've done
all the verifications you need to it's going to say withdrawal pending and then what you
should see is some sort of deduction from your portfolio and we can go ahead and keep looking
at our metamask account to see when that bnb pops up and after a few short minutes just like that we
have bnb in our wallet ready to rock now of course i have a little less than what i sent because of
the fees and those sorts of things so next we're going to actually swap our bnb using pancake swap
make sure whenever you're connecting your wallet to any website that you double triple quadruple
check to make sure that it is the correct website so many people connect to a scam website and end
up getting their entire wallet wrecked do not let that happen to you do your due diligence now what
i like to do is i like to go to coin market cap and i'll go ahead and type in pancake swap so
once pancake swap pops up i'll click on that and of course pancake swap is the swap that we
use for bnb now there's others but this is the main one and right here i can find the actual
website so if i click on that it's going to take me to the correct website now once i get to the
correct website i like to favorite it so now every time i want to go to pancake swap i can go check
my favorites and i know for sure i'm going to the correct website once i'm here i'm going to connect
my wallet just by pressing connect then we're going to see a little wallet connect menu i'm
going to click meta mask because that is my wallet as you can see right here i have a few different
accounts but i'm going to connect the appropriate account that i want to use i'm going to click next
connect and just like that i am connected to pancakeswap.finance now i'm going to go over
to the trade tab go to exchange click on that and once i'm here now i can swap my bnb for
this example i'm going to be swapping for binance usd which is a stable coin that is pegged to the
united states dollar and it's one for one as you can see right here it's close to the value of a
dollar so once you're back on pancake swap you're going to see that your balance is automatically
loaded right here right this is how much b b we have in our wallet just double check you can see
right here we have 0.0995 and that reflects right here so now i'm going to go to this drop down menu
at the bottom and click on busd which is the stable coin that we just talked about so for
this example i'm going to swap about 0.05 b and b and that equals to about 18 busd once i'm ready
to swap i'm going to go down and press swap it's going to ask me if i want to confirm that swap and
of course i want to then it's going to open up my wallet where this is going to give me the gas fees
for the total transaction now the crazy thing about the bnb chain is that the gas fees are so
cheap compared to the ethereum blockchain this is why so many people like using bnb
and other blockchains just because it's cheaper and faster sometimes so now that we know exactly
what the gas fees are now we want to confirm the transaction once we confirm the transactions it's
going to take some time to swap now it's going to ask us if we want to add busd to our meta
mask wallet and just like that the transaction is already done but we're going to go ahead and
add the busd to our metamask wallet so we can see it in our actual wallet we're gonna go ahead and
click this down here once we click that it's going to open up our metamask wallet and it's gonna say
hey do you wanna add this token you're gonna put add token and if you go back to your metamask wall
you're gonna see that you had the 18b usd where it should be congratulations you are now a bnb chain
expert and you can go ahead and roam the world of d5 and purchase any bnb project you see fit
so let us know what you think in the comments down below was this video helpful for you if so
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