The Binance Smart Chain is necessary for running transactions on Alium.finance, one of the most user-friendly decentralized exchanges on the market. And it is necessary to set up a wallet to conduct operations on the Binance Smart Chain.
At its heart, the Binance Smart Chain (BSC) is a blockchain that runs parallel to the Binance Chain. Unlike the Binance Chain, BSC offers broader smart contract functionality and compatibility with the Ethereum Virtual Machine. The BSC operates with two major wallets Metamask and Trust Wallet. Below is an instruction on how to set up either of them.
Setting up Metamask
Open Extension Category in Chrome here
Click on “Add to Chrome”
Create an account in MetaMask
Click on the “Create a wallet” button
Create Password of at least 8 characters
Click on “Create” and then write down your backup phrase.
Select each phrase in order to make sure it is correct then click “Confirm”
Congratulations! You have created your MetaMask account!
Connect Your MetaMask to Binance Smart Chain
Go to the settings page
Add a new network
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
Block Explorer URL: https://bscscan.com
Switch the Metamask to BSC network
- Click on the “Networks” menu
Select Smart Chain
Congratulations! Your wallet is ready to go!
Setting up Trust Wallet
- Download Trust Wallet here. If you already have Trust Wallet, make sure your app is up to date.
- Complete basic setup of a multi-coin wallet. Remember to save your backup phrases.
- Go to your Smart Chain wallet and press receive to find your address.
With your wallet set up and ready to go, you can trade and earn at Alium.finance and participate in the Early Adopters’ Program!
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