Binance Smart Chain (BSC) Guide

To start off, you must have a way of obtaining $BNB (Binance Coin) — This is important because this will be the baseline of your trades. One example of this would be to purchase Bitcoin ($BTC) on Exodus and exchange the Bitcoin for $BNB. Once you have $BNB, simply send it to your $BNB wallet — as explained below.

Use Trust Wallet (App on phone) or Metamask (My personal choice is Trust Wallet — for Metamask guides please do your own research). To find your $BNB address, press $BNB in your Trust Wallet → Receive. From there you can copy the address or share it directly from the app.

Enable DApps on Trust Wallet (Click here for guide). DApps are arguably the most important part of this entire process. DApps are decentralized applications — meaning they are digital applications or programs that exist and run on a blockchain or P2P network of computers instead of a single computer, and are outside the control of a single authority. By enabling DApps within Trust, you are given access to applications within the Binance Smart Chain ecosystem — and Trust Wallet makes it very easy to connect your wallet to the apps.

Swap $BNB to Smart Chain (Select $BNB in Trust Wallet → More → Swap to Smart Chain). Smart Chain is, simply put, $BNB on the Binance Smart Chain. This may sound confusing, but it is important to understand there are multiple different networks in cryptocurrency — you can bridge coins from network to network (ETH, TRX, BSC, etc).

Once you have Smart Chain aka $BNB, you can Exchange for coins on Binance Smart Chain using PancakeSwap There are other exchanges on BSC such as 1inch but my personal choice is always PancakeSwap.

You can find PancakeSwap under “New DApps” in Trust Wallet

Please ALWAYS do your own research and never invest money you cannot afford to lose.

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Low market cap altcoin trader. No financial advice.

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J Crypto

J Crypto

Low market cap altcoin trader. No financial advice.

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