Binance, Exchanges

Can You Store Binance Coin on MetaMask?

If you’re a fan of Binance Coin (BNB), you may be wondering if you can store it on MetaMask. The answer is yes! In this article, we’ll show you how to add Binance Coin to your MetaMask wallet and why it’s a good idea to do so.

Adding Binance Coin to MetaMask is a simple process. First, open your MetaMask wallet and click on the “Add Token” button.

Then, select the “Custom Token” option. Next, enter the following information into the fields provided:.

– Token Contract Address: 0xB8c77482e45F1F44dE1745F52C74426C631bDD52
– Token Symbol: BNB
– Decimals of Precision: 18

Once you’ve entered all of the information, click the “Add Token” button and Binance Coin will be added to your MetaMask wallet!

NOTE: Warning: Storing Binance Coin (BNB) on MetaMask is not recommended as MetaMask does not officially support BNB. If you opt to store your BNB on MetaMask, please be aware that there is no guarantee that the funds will remain safe and secure. You may also be exposing yourself to potential security risks and loss of funds.

Now that you know how to add Binance Coin to MetaMask, let’s take a look at why it’s a good idea to do so. First, as we mentioned earlier, Binance Coin is the native token of the Binance exchange. As such, it can be used to pay for fees on the Binance exchange.

When you use Binance Coin to pay for fees, you receive a discount. For example, if you use Binance Coin to pay for trading fees, you currently receive a 25% discount. This discount can save you a lot of money if you’re an active trader!.

In addition to being used to pay for fees on the Binance exchange, Binance Coin can also be used on a variety of other platforms and services. For example, Microsoft Azure accepts Binance Coin as payment for some of its services. Additionally, there are a number of popular decentralized applications (dapps) that also accept Binance Coin as payment.

Some of these dapps include Augur, Idex, and Kyber Network. As such, by storing your Binance Coin in MetaMask, you’ll have easy access to it when you need it to make payments on these platforms and services.

So there you have it! That’s everything you need to know about adding Binance Coin to your MetaMask wallet. By doing so, you’ll be able to use it to pay for fees on the Binance exchange and a variety of other platforms and services.

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