Topic: metemask help (Read 249 times)
This is very simple no need to worry all about, maybe if you don't understand the above processes then i will love you to click and watch this video for self explanatory and guidelines on how to connect many chains on Metamask.
thank guys
i have understood it , same address for eth chain and bsc chain
and i would get all the coins with one address only
i have understood it , same address for eth chain and bsc chain
and i would get all the coins with one address only
Not just bsc and eth. All other network could also be added with using your single address like avalanche, polygon, fantom, and many more. Thats how metamask is useful on those networks sincr you play only one single address for those L1 projects. Im not sure if solana and terra can be added but I think they havent supported on adding network. But not totally sure.
thank guys
i have understood it , same address for eth chain and bsc chain
and i would get all the coins with one address only
i have understood it , same address for eth chain and bsc chain
and i would get all the coins with one address only
reading all those technical things is confusing me more
That's why learning is needed and practice makes perfect, don't skip those stuffs and just want an easy way to solve that. This is like someone who have money and wanted to invest Bitcoin, but he doesn't have any knowledge with Bitcoin. If he saw a ponzi scheme, I believe he will deposit hit coins to get ridiculous return, while the truth he will got scammed.Try to install Trustwallet
I have to disagree, using closed-source wallet aren't safe Irresponsible trust wallet support 
Try to install Trustwallet in your phone and choose bsc network then you'll know that ethereum and bsc have the same wallet address and all the tokens you have in that wallet address will be shown when you use bsc explorer or manually add the token in metamask just like doing the same thing but in ethereum network. If what you wanted to know if the token in your wallet in ethereum network can be check on bsc network then the answer is not. About bsc and ethereum having the same wallet address is explained by zasad@. You can import the wallet in ethereum to bsc too but the tokens in ethereum will not be present in bsc.
reading all those technical things is confusing me more
It's a bit confusing indeed but after making few transactions on both chains things will become clearer. Just don't focus too much on the technical aspects.Quote
just is simple layman term , when receiving coins in bsc i have to remember one address only
and i can get every coin in bsc with that address
The answer for both questions is yes. The same seed or private key will generate the same address for both networks (ethereum and bsc). But to see your tokens on Metamask (or any other wallet) you need to add bsc to it so it can connect to the bsc network and interact with it. and i can get every coin in bsc with that address
i am trying understand and binance smart chain
from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
You do not have to worry about that since you are using the those coins on the same network "bsc mainnet" you'll still be able to receive any coin that will be sent to your address. I was also confused about this before, but I see the coins that are sent to me appears to my metamask as long as I add the token's contract address to the wallet.
because you write this thread on the Service board, how much BTC do you pay for each answer?.
No need for OP to do that since it's just a simple one besides you/we can report it to moderators for them to move it to the right board. More like a simple gesture for camaraderie in a public forum. By the way, I already reported it to the right board.
reading all those technical things is confusing me more
just is simple layman term , when receiving coins in bsc i have to remember one address only
and i can get every coin in bsc with that address
just is simple layman term , when receiving coins in bsc i have to remember one address only
and i can get every coin in bsc with that address
because you write this thread on the Service board, how much BTC do you pay for each answer?.
No need for OP to do that since it's just a simple one besides you/we can report it to moderators for them to move it to the right board. More like a simple gesture for camaraderie in a public forum. By the way, I already reported it to the right board. 
i am trying understand and binance smart chain
from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
You can use your same metamusk wallet for BSC Network, Polygon, Ethereum, Heco etc. for that, you have to add a separate custom RPC for each blockchain. Take a look at how to add RPC by visiting the links below.from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
ETH (ERC-20) - Default Network for Metamusk
BSC (BEP-20) - https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
Polygon (Matic) - https://academy.binance.com/en/articles/how-to-add-polygon-to-metamask
Huobi ECO (Heco) - https://autofarm.gitbook.io/autofarm-network/how-tos/huobi-eco-chain-heco/metamask-add-huobi-eco-chain-heco-network
Kucoin chain (KCC) - https://kcclaunch.org/how-to-add-kcc-chain-in-metamask/
from what have understood when i would add bsc in metamak , all the coins would have same address
BSC is trying to increase adoption and attract customers with low fees.- This is because account based system.
- Think about it and a cheaper version of Ethereum network with the same wallet seed.
- This does not mean that all tokens on Ethereum network will appear on BSC when you customize your wallet.
- If there are tokens moved to BSC there will appear there.
If you create a new wallet and generate a new seed will have different address.
Thnk of it as ETH wallet and BSC wallet which ERC20 tokens can be stored on ETH wallet and the BEP20 tokens can also be stored in this ETH wallet especially if you add the BSC network in your metamask settings.
It just makes it simple actually to make ETH and BSC wallet the same than having another format because it's easier to adopt. If ADA just has the same address and it can be added on metamask network, the adoption of ADA might just be easier as well.
if yes hows is that possible , its just confusing
That is right, it is confusing but possible. I think you have been provided with the information you need about it, I do not know much about altcoins or smart chains but you can check what zasad@ posted above. What I just want to tell you is that you should be careful, this is just a means someone can lose his coins, some people will mistakenly send BSC token to ERC20 address on an exchange, if the exchange is not supporting BSC, the person may likely lose his coins if the requirements for recovery is not possible like the total amount sent to be of certain minimum amount but which can be $2000 or higher. from what have understood when i would add bsc in metamak , all the coins would have same address
To simply put, ETH and Smart Chain Network have the same address because they are both interoperable, and BEP-20, or Binance Smart Chain's token standard, is an extension of the ERC-20 protocol. That's why the BSC and ERC-20 receiving addresses in your Metamask wallet are identical[1]. You might want to read the article for a more technical explanation.The only important thing you need to remember is to know whether or not a particular wallet/platform supports both network in terms of deposit and withdrawal to avoid a bit complicated solution for recovering your asset.
[1] https://academy.binance.com/en/articles/binance-smart-chain-vs-ethereum-what-s-the-difference
Here's a simple answer, BSC wallet can receive many coins using one address as long as it was created in BSC chain. Think of it as a bank wallet where you can accept USD, EUR, YEN and other money as long as they are all fiat and they can be sent to using one bank account ID (address).
So before you transfer money to your BSC wallet, check first if it is a BEP-20 (Compatible only with BSC Network/wallet) or ERC-20 (Compatible only with Ethereum Network/wallet)
So before you transfer money to your BSC wallet, check first if it is a BEP-20 (Compatible only with BSC Network/wallet) or ERC-20 (Compatible only with Ethereum Network/wallet)
i am trying understand and binance smart chain
from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
Because Binance Smart Chain is a specific Ethereum hard fork that uses the Proof of Staked Authority algorithm for consensus.from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
Other projects have done the same, the full list of projects is on this site and here you can add the necessary ecosystems to the metamask
https://chainlist.org/
https://academy.binance.com/en/articles/binance-smart-chain-vs-ethereum-what-s-the-difference
Yes, it's possible, since some of the erc20 related-tokens shift to bsc-related token now.
Go to Settings > Networks > Add Network
Then fill the form with information below
More information can be seen and the link below[1] from binance itself.
[1] https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
Go to Settings > Networks > Add Network
Then fill the form with information below
Code:
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
More information can be seen and the link below[1] from binance itself.
[1] https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
i am trying understand and binance smart chain
from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
from what have understood when i would add bsc in metamak , all the coins would have same address
if yes hows is that possible , its just confusing
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