How to Add Binance Smart Chain to MetaMask
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MetaMask is a popular blockchain wallet, launched in 2016 mainly with Ethereum in mind. By now, MetaMask has grown considerably and supports several other chains, such as Polygon, Fantom and Cronos. The most popular alternative though would be the second largest smart contract blockchain after Ethereum: Binance Smart Chain (BSC).
Binance Smart Chain features much lower transaction costs than its larger rival. By connecting MetaMask to this network, you can take advantage of these cost differences and access the chain's rich decentralized app (DApp) ecosystem. In this article, we’ll guide you through the steps to add Binance Smart Chain to MetaMask.
What Is Binance Smart Chain?
Binance Smart Chain’s origins can be traced back to 2017, when the Binance Chain (BC) was launched. This chain didn’t feature any smart contract functionality. Three years later, the chain’s owner and operator, Binance Holdings, launched Binance Smart Chain (BSC), a smart contract-capable blockchain that runs in parallel with the BC.
In early 2022, Binance Holdings rebranded BC and BSC as the BNB Chain to make a stronger connection to its native token, BNB. The chain’s current average transaction fees are around $0.2–$0.4, approximately ten times lower than Ethereum's fees.