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Title: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: ChuckBuck on April 11, 2021, 08:14:38 PM Hi guys,
I am intending to trade and hold a few altcoins that work on BEP20. But it's quite new to me, and I don't have many reliable sources of information here to take a look. Did a few searches and came up with 2 seemingly reputable options, but I can't be sure or know which one is better. Hence, I think the experienced readers here can help me do the rest and choose the better, or something I don't know :D I have 2 possible options as follows:
[1] has some good reviews, since I've never used it so I was a bit hesitant. [2] looks like Binance's official wallet, maybe? But its reviews on Google extentions are extremely bad. So, I'm wondering between a strange wallet with good reviews and a wallet that looks official but bad. Also, I was advised by a friend to use Metamask and connect it to Binance Smart Chain, Anyway, I'm here to listen to your advice. Please let me know your experience (if any) or your knowledge of these wallets. Thank you! Title: Re: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: bL4nkcode on April 11, 2021, 08:33:03 PM Trust wallet is newbie and user friendly, better go for it and its advertised by binance, only for mobile though.
While you can use metamask and the bsc extension for desktop/browser. Besides these 3 are the only wallets advertised by binance so I guess these are only your choice, for now. Title: Re: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: TryNinja on April 11, 2021, 08:41:58 PM Also, I was advised by a friend to use Metamask and connect it to Binance Smart Chain, but it seems to be in beta and I'm not sure if it can work properly :D There is no "beta". BSC is pretty much an exact copy of ETH (but PoA plus some changes). All you have to do is change the RPC server you are using on the MetaMask. Think of that like you're changing your Electrum server to one that uses a Bitcoin ForkX network so you can spend on the forked chain. Title: Re: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: logfiles on April 11, 2021, 08:49:14 PM Trust wallet should be OK. It also fully backed by Binance.
Binance Smart Chain isn't much different from the Ethereum network as you will discover soon so the option of using Metamask is also fine. I have used it and it worked flawlessly. However, you need to add the Binance Smart Chain network settings on the wallet before you start using it. There should be a guide for this though I haven't been successful in locating it right now. Edit: Found it; Connecting MetaMask to Binance Smart Chain (https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain) Title: Re: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: ChuckBuck on April 11, 2021, 09:16:38 PM While you can use metamask and the bsc extension for desktop/browser. Binance Smart Chain isn't much different from the Ethereum network as you will discover soon so the option of using Metamask is also fine. I have used it and it worked flawlessly. However, you need to add the Binance Smart Chain network settings on the wallet before you start using it. There should be a guide for this though I haven't been successful in locating it right now. Ya, I am using Metamask, it looks better than the rest, not installing too many wallets will make it easier for me to manage. But does it only work as a browser extenstion? What about mobile wallets? Can I connect?Should I only connect to the mainnet? The tutorial mentions adding both mainnet and testnet There is no "beta". LoL, it seems that my source of information is not correct :D Got the instructions from logfiles and I think I can try it nowBSC is pretty much an exact copy of ETH (but PoA plus some changes). All you have to do is change the RPC server you are using on the MetaMask. Think of that like you're changing your Electrum server to one that uses a Bitcoin ForkX network so you can spend on the forked chain. Title: Re: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: logfiles on April 11, 2021, 09:28:24 PM Ya, I am using Metamask, it looks better than the rest, not installing too many wallets will make it easier for me to manage. But does it only work as a browser extenstion? What about mobile wallets? Can I connect? The Metamask mobile wallet can also work as long as you add the Binance Smart Chain network details.Should I only connect to the mainnet? The tutorial mentions adding both mainnet and testnet Open the wallet, then on the top left where there are 3 horizontal lines, tap on them and select settings, Under settings, select Networks and click on Add network Feed in the required details and finalize by clicking on Add. Back on your accounts homepage, Click on Ethereum main network to show other networks you would like to change to. Use only the Mainnet details. Title: Re: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: AmoreJaz on April 11, 2021, 09:34:45 PM Trust wallet should be OK. It also fully backed by Binance. Binance Smart Chain isn't much different from the Ethereum network as you will discover soon so the option of using Metamask is also fine. I have used it and it worked flawlessly. However, you need to add the Binance Smart Chain network settings on the wallet before you start using it. There should be a guide for this though I haven't been successful in locating it right now. Edit: Found it; Connecting MetaMask to Binance Smart Chain (https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain) that's right. Trust wallet is also a product of Binance. i used this wallet when binance airdropped some 100 TWTs to all binance traders that did some trading for a specific period of time last year. but you need to transfer those 100TWTs to a wallet which supports BSC and they recommended trust wallet so you have no choice but transfer those free coins and i did use trust wallet. it is the same as any other wallet. will trust Trust wallet as it is under Binance also. though you can also use metamask and follow the above steps. make sure to input the right info of their mainnet. i guess BSC is now gaining more interest to users here as new projects are now deploying their project on this network Title: Re: BEP20 - BSC - Bianance Smart chain - Which trusted wallet to use? Post by: ChuckBuck on April 11, 2021, 09:51:47 PM The Metamask mobile wallet can also work as long as you add the Binance Smart Chain network details. Ya, that's great! Thank you very much! Also thanks to everyone who were interested in this topic! All my questions have been answered, I will close this topic now :D Open the wallet, then on the top left where there are 3 horizontal lines, tap on them and select settings, Under settings, select Networks and click on Add network Feed in the required details and finalize by clicking on Add. Back on your accounts homepage, Click on Ethereum main network to show other networks you would like to change to. Use only the Mainnet details. |