If you’re a cryptocurrency enthusiast or investor, you probably use Metamask as your go-to wallet for managing your digital assets. Metamask is a popular Ethereum wallet that allows users to store, send, and receive Ethereum and ERC20 tokens. However, with the rise of the Binance Smart Chain (BSC) and BEP20 tokens, you might find yourself needing to add and manage BEP20 tokens in Metamask as well.
In this step-by-step guide, we will walk you through the process of adding a BEP20 token to your Metamask wallet. Whether you’re interested in participating in a decentralized finance (DeFi) project or you simply want to diversify your crypto portfolio, adding BEP20 tokens to Metamask is essential.
Before we begin, it’s important to note that Metamask primarily supports Ethereum and ERC20 tokens by default. However, with a few extra steps, you can easily add BEP20 tokens to your Metamask wallet and seamlessly manage them alongside your existing Ethereum-based assets.
Now, let’s get started with adding BEP20 tokens to Metamask!
Prerequisites for Adding BEP20 Token
Before you can add a BEP20 token to Metamask, you need to ensure that you have the following prerequisites in place:
1. Install Metamask Extension
In order to add a BEP20 token to Metamask, you need to have the Metamask browser extension installed on your web browser. If you haven’t installed it yet, you can do so by visiting the official Metamask website and downloading the extension for your preferred browser.
2. Set Up a Wallet
In order to store and manage your BEP20 tokens, you need to have a wallet set up in Metamask. If you haven’t set up your Metamask wallet yet, you can do so by following the instructions provided on the official Metamask website. Make sure to securely store your wallet’s recovery phrase, as it will be needed to restore your wallet in case of loss or device change.
3. Connect to the Correct Network
In order to add a BEP20 token to Metamask, you need to make sure that you are connected to the correct blockchain network. BEP20 tokens are based on the Binance Smart Chain (BSC), so you need to connect to the BSC network in your Metamask settings. Instructions for connecting to the BSC network can be found on the official Binance website.
4. Obtain the Token Address
In order to add a BEP20 token to Metamask, you need to know its token address. You can obtain the token address from the project’s official website, from the token issuer, or from a reliable token listing website. Make sure to double-check the token address for accuracy, as entering the wrong address may result in the loss of your tokens.
|1. Install Metamask Extension
|Download and install the Metamask browser extension on your web browser.
|2. Set Up a Wallet
|Create a wallet in Metamask and securely store your recovery phrase.
|3. Connect to the Correct Network
|Make sure to connect to the Binance Smart Chain (BSC) network in Metamask.
|4. Obtain the Token Address
|Find the token address from the official website or from a reliable source.
Step 1: Open Metamask Wallet
To add a BEP20 token to Metamask, you first need to open your Metamask wallet. If you don’t have Metamask installed, you can download it as a browser extension or mobile app from the official Metamask website.
Once you have Metamask installed, click on the Metamask icon in your browser toolbar or open the app on your mobile device. This will open the Metamask wallet interface.
If you haven’t already set up a wallet, you will be prompted to create one. Follow the instructions to set up a new wallet by choosing a strong password and writing down your secret backup phrase. Make sure to store your secret backup phrase in a secure place, as it will be needed to restore your wallet if you ever lose access to it.
If you already have a wallet, you can simply click on the “Log in” button and enter your password to access your existing wallet.
Once you are logged in to your Metamask wallet, you are ready to proceed to the next step.
Step 2: Click on “Add Token”
Once you have successfully logged into your Metamask account, the next step is to add the BEP20 token to your wallet. Here’s how you can do it:
- Open your Metamask wallet.
- Click on the “Assets” tab.
- Under the “Assets” tab, you will see a button that says “Add Token”. Click on it.
By clicking on the “Add Token” button, you will be prompted with a window that allows you to enter the contract address of the BEP20 token.
Option 1: Add Token Manually
If you have the contract address of the BEP20 token, follow these steps to add it manually:
- Click on the “Custom Token” tab.
- In the “Token Contract Address” field, paste the contract address of the BEP20 token.
- Metamask will automatically fill in the “Token Symbol” and “Decimals of Precision” fields. If it doesn’t, you can manually enter the token symbol and decimals.
- Click on the “Next” button.
- Review the token details and click on the “Add Tokens” button to complete the process.
Option 2: Add Token Automatically
If the BEP20 token is listed on the Metamask token list, you can add it automatically by following these steps:
- Click on the “Search” tab.
- Type the token name or symbol in the search bar.
- If the token is listed, click on the “Add” button next to it.
- The token will be added to your Metamask wallet automatically.
Once you have added the BEP20 token to your Metamask wallet, you will be able to view your token balance and perform various transactions with it.
Step 3: Paste Token Address
After navigating to the Metamask extension in your browser, you will need to click on the “Add Token” button.
Next, you will see a form where you can paste the token address. The token address is a unique identifier that represents the BEP20 token you want to add to your Metamask wallet.
To obtain the token address, you should visit the project’s website or the token’s official documentation. Look for the section that provides the token’s contract address.
Once you have located the token address, copy it to your clipboard. Then, return to the Metamask extension and paste the address into the provided form.
After pasting the token address, Metamask will automatically fetch the token’s name, symbol, and decimal places. This information ensures that the token will be displayed correctly in your Metamask wallet.
- Click on the “Add Tokens” button to complete the process.
- Confirm the addition of the token by clicking on the “Add Tokens” button again when prompted.
Congratulations! You have successfully added the BEP20 token to your Metamask wallet. You will now be able to view and manage your tokens within the wallet interface.
Step 4: Customize Token Information
After successfully adding the BEP20 token to your Metamask wallet, the next step is to customize the token information. By default, Metamask may display the token with generic information, but you can update it to provide more accurate and descriptive details.
1. Find the Token in Your Wallet
First, open your Metamask wallet and find the BEP20 token you just added. Locate the token in your wallet’s list of assets. It should now be displayed with its default information.
2. Access Token Details
Next, you’ll need to access the token details to update its information. To do this, click on the three dots icon (…) or select the token and click on the “Manage” button. This will open a menu with various options.
3. Customize Token Information
In the menu, select the option to “Edit Token”. A form will appear where you can input the customized information for the token. You will typically have options to update the token’s name, symbol, decimal places, and icon or logo.
Fill in the appropriate fields with the accurate information for the token you added. It’s important to provide correct details so that you can easily identify the token in your wallet.
4. Save Changes
After customizing the token information, double-check that all the details are accurate. Once you are satisfied, click on the “Save” or “Update” button to save the changes.
Your changes should now be applied, and the token will be displayed with the updated information in your Metamask wallet.
Remember to repeat these steps for any other BEP20 tokens you add to Metamask to ensure all your tokens are properly customized and easily identifiable.
|Customizing token information is specific to your own Metamask wallet and does not affect the token’s information on the blockchain or for other users.
What is Metamask and how is it used?
Metamask is a browser extension wallet that allows users to manage and interact with Ethereum-based decentralized applications (dApps). It acts as a bridge between the traditional web and the blockchain, enabling users to securely store, send, and receive Ethereum and other ERC-20 tokens. To use Metamask, you simply need to install the extension, create a wallet, and connect it to the dApps of your choice.
Can I add BEP20 tokens to Metamask?
Yes, you can add BEP20 tokens to Metamask by following a few easy steps. First, you need to open your Metamask wallet and select the network you want to add the token to (Binance Smart Chain in this case). Then, click on “Add Token” and select “Custom Token”. Enter the token contract address, symbol, and decimals. Finally, click on “Next” and “Add Tokens” to complete the process.