Add USDT to Metamask on Binance Smart Chain: A Detailed Guide
Adding USDT to your Metamask wallet on the Binance Smart Chain (BSC) can be a straightforward process if you follow the right steps. USDT, or Tether, is a popular stablecoin that is often used for trading on decentralized exchanges and for various other purposes within the blockchain ecosystem. In this guide, we will walk you through the process of adding USDT to your Metamask wallet, covering the necessary steps and considerations.
Understanding USDT on Binance Smart Chain
Before we dive into the process, it’s important to understand what USDT on Binance Smart Chain is. USDT is a cryptocurrency that is backed by fiat currency, typically the US dollar. On BSC, USDT is represented by the token symbol USDC, which is a different token from the USDT used on the Ethereum network. This distinction is crucial because you cannot simply send USDT from Ethereum to BSC; you need to have USDC on BSC.
Setting Up Your Metamask Wallet
Before you can add USDT to your Metamask wallet, you need to have the wallet set up and connected to the Binance Smart Chain. Here’s how to do it:
- Download the Metamask extension from the official website and install it in your preferred web browser.
- Open the extension and click on “Create a new wallet” to set up a new wallet.
- Follow the instructions to create a strong password and write down your seed phrase. Keep this information safe as it is crucial for accessing your wallet.
- Once your wallet is set up, you will be prompted to connect it to a blockchain. Choose “Binance Smart Chain” from the list of available networks.
- Click on “Use custom RPC” and enter the following details:
| Network Name | RPC URL | Chain ID | Symbol | Explorer |
|---|---|---|---|---|
| Binance Smart Chain | https://bsc-dataseed.binance.org/ | 56 | BNB | https://bscscan.com/ |
After entering these details, click “Next” and your wallet will be connected to the Binance Smart Chain.
Acquiring USDC on Binance Smart Chain
Now that your Metamask wallet is connected to the Binance Smart Chain, you need to acquire USDC. Here are a few ways to do this:
- Buy USDC on a centralized exchange: You can purchase USDC on exchanges like Binance, Coinbase, or Kraken, and then transfer it to your Metamask wallet.
- Swap USDT to USDC on a decentralized exchange: If you already have USDT on the Ethereum network, you can swap it for USDC on a decentralized exchange like PancakeSwap or Uniswap.
- Receive USDC from a friend or service: If someone sends you USDC, you will receive it directly in your Metamask wallet.
Adding USDC to Your Metamask Wallet
Once you have USDC in your Metamask wallet, you can add it to your wallet’s token list. Here’s how to do it:
- Click on the “Add Token” button in the Metamask extension.
- Enter the token contract address for USDC on BSC. The contract address is: 0x4f96fe3b7a6cf9725f59d353f723c1bdb64ca6aa.
- Enter the token symbol, which is USDC.
- Enter the token decimals, which is 6.
- Click “Add Token” and USDC will be added to your wallet’s token list.
Now, you can view your USDC balance in your Metamask wallet and use it for trading, staking, or any other purpose on the Binance Smart Chain.
