Memorise or write the network somewhere so that you don’t forget it. In this example, the USDC token is on the Ethereum network. Open your MetaMask Wallet and check the network you are one.
#USDC BINANCE SMART CHAIN METAMASK HOW TO#
This article explains how to deposit USDC from your MetaMask Wallet to Binance in 13 simple steps. The most common stablecoins by market capitalization are Tether (USDT) and USD Coin (USDC). This is what makes a stablecoin volatility-free and stable in value. The most common type of stablecoins is fiat-backed, for minting (issuing) of which there is an equivalent amount of fiat currency. This is why crypto traders exchange to these stablecoins back and forth to stay safe from market volatility.
Stablecoins are a kind of cryptocurrency the value of which is not subject to volatility and they do not increase or decrease in value. government-issued currency like the US Dollar or the Euro, or transfer an already-bought cryptocurrency to it.Ī very common type of cryptocurrency that is found in almost every crypto wallet are stablecoins. To work with a CEX, you need to either transfer your fiat currency, i.e. There are several centralised exchanges working in the cryptocurrency market, the top ones by trading volume are Binance, Coinbase, FTX, Kraken, etc. Some traders prefer to trade on a CEX because of their high liquidity, fast transactions, fiat-crypto trading functionality, derivatives markets, among others. Have you sent funds from BSC to MetaMask, but you don't see the tokens? We have instructions for that here.Centralised Exchanges (CEXes) are popular among cryptocurrency traders and investors because of several reasons. Additional instructions for sending to BNB Smart Chain via MetaMask here, and instructions for sending from BNB Smart Chain to a different blockchain via MetaMask here. Move assets between the BNB Smart Chain and another EVM-compatible network via MetaMaskĪdditionally, we strongly recommend that you use official bridges when transferring tokens between blockchains. Additional instructions for withdrawing here, and depositing to Binance here. In order to access this functionality, you will need to withdraw your BNB as BEP20 tokens. Note that if you withdraw BNB as a BEP2 token, it may not function as intended, for example, in dapps on the BNB Smart Chain.
Recommendation: Follow Binance’s instructions. What are you trying to do? Move assets between the Binance, or, centralized exchange and a wallet address via MetaMask Not all assets can be moved freely between all chains. The methods for moving assets between these different networks vary depending on what you are trying to move, where.
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