Create coin on binance smart chain

How to Get Started with Binance Smart Chain (BSC)

TL;DR

Binance Smart Chain (BSC) has been booming with activity. Ranging from token swaps to decentralized money markets and cute NFTs, there are many options to earn yield or simply to have fun.

But what do you need to get started, and how do you do it? We’ll go through it all in this article.

Introduction

That article can give you a walkthrough of the mechanics of the blockchain, while this one will provide practical information about how to get started. So let’s dive in.

Binance Smart Chain (BSC) wallets

First things first, you’ll need a wallet to interact with the applications on BSC. The good news is that you have quite a few options to choose from.

It’s worth keeping in mind that this isn’t an exhaustive list. In addition to the ones mentioned below, you can also use Math Wallet, Ledger, TokenPocket, Bitkeep, ONTO, Safepal, and Arkane.

MetaMask

But wait, isn’t MetaMask an Ethereum wallet? It is, but actually, it’s quite easy to connect it to BSC. This way, you can use a familiar UI when interacting with BSC.

Trust Wallet

Trust Wallet is one of the easiest mobile wallets to use, so if you’d like to use BSC from your pocket, it’s among the best options.

Binance Chain Wallet

Binance Chain Wallet is another option that you have for certain apps on BSC. You can get it as a browser extension for Chrome, Firefox, and Brave. It’s easy to use and has a slick UI.

How to get crypto to Binance Smart Chain (BSC)

So, now we have plenty of wallets to choose from, but how can we move funds to the chain? We can withdraw from our Binance account or use the Binance Bridge.

Before we go further, however, it’s important that we clear up some conceptual background.

Withdrawing from Binance

Chances are if you’re reading this, you already have a Binance account. The easiest option may be to simply withdraw from your Binance account to a BSC wallet.

Just make sure to select Binance Smart Chain (BEP-20) when withdrawing funds to your external wallet.

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How to Create Your Own BEP20 Token on Binance Smart Chain Today

Shafin Rizvi

Published on 21 Feb 2021

Launching a BEP20 token on Binance Smart Chain is easier than you may think.

Arguably, one of the best ways to learn more about the inner workings of cryptocurrency is by launching your own digital token. And the good news is: anyone can create their own BEP20 token on Binance Smart Chain.

Now let’s jump in and walk you through how that works.

Binance Smart Chain

Before you venture off to create your own cryptocurrency, you need to pick a blockchain platform that is appropriate for your use cases.

If you’re looking for a platform with low fees, fast transaction times, and smart contract compatibility, then look no further than Binance Smart Chain (BSC).

As a chain that runs parallel to Binance Chain, Binance Smart Chain is specifically designed to cater to smart contracts and the creation of decentralized applications (DApps).

Smart Contracts

Simply put, smart contracts are code that runs on a blockchain designed for specific apps or services.

For example, if you want to make a decentralized voting application, a smart contract would be the voting logic that needs to run on the blockchain.

The biggest smart contract blockchain thus far, Ethereum, is also cross-compatible with Binance Smart Chain. However, unlike Smart Chain, Ethereum has substantially higher transaction fees.

The BEP20 Token Standard

Creating a BSC token is surprisingly easy. These tokens conform to a standard called BEP20, which is similar to the Ethereum standard ERC20.

The token standard ensures basic functionality for the token, such as transferring, returning a balance, viewing token ownership, etc.

You can view the API for BEP20 here. Keep in mind that BSC tokens can be swapped for “regular” Binance Chain tokens that conform to their own standard, BEP2.

Also, any transaction that occurs with these tokens on-chain will require a fee paid in BNB. This fee is compensation for validators for securing the network.

Let’s explore how to create these tokens below.

Creating a BEP20 Token Using Token Create

Fill out all the details for your token

Select ‘Create Token’ and approve the transaction

The link for step one can be viewed in the Trust Wallet Dapp Browser by typing in cointool.app/bnb/BSCCreateToken in the address bar. Make sure you are set to the Smart Chain network on the top right.

For step two, you’ll need to give your token a name and a symbol. You’ll also need to specify the initial supply quantity of your token, and the number of decimal places each token can be divided into.

Check Mark Settings In Token Create

There are also further checkmark settings outlined below.

Can Burn:This check specifies whether your tokens can be burned to decrease the supply.

Can Mint: Minting specifies the opposite, whether more tokens can be created to increase the initial supply.

Can Pause: This check specifies whether your token and all associated operations can be halted and resumed whenever needed. This pausing operation can be used in case of a software vulnerability or a malicious attack. Be aware that enabling pausing gives authority to whoever is allowed to pause or unpause, such as the creator of the token, and this central authority may not suit certain use cases.

Blacklist:Accounts can also be blacklisted if they act malicius. Depending on the use case, it may be better for some tokens to have this feature turned off. Similar to the pausing feature, enabling blacklists causes central authority, which may not suit certain use cases.

Create Token

Once you select ‘Create Token’, the next interface will show you the fee for the creation. This fee will be in BNB.

The token will be created once you approve this transaction fee.

Adding A Custom BEP20 Token To Trust Wallet

Now that you’ve created your token, how can you get it to display inside your Trust Wallet? Simple. Follow the steps below.

Inside the wallet, select the icon of the two sliders in the top right corner.

Scroll all the way to the bottom of the token list and select ‘Add Custom Token’.

Set the network to ‘Smart Chain’.

Enter your smart contract address right below the network setting.

Enter the Name, Symbol, and the number of Decimals that your token was divided into.

Now, if you go back to your wallet, your token will be there waiting on display!

Источник

Create coin on binance smart chain

Краткое руководство по созданию вашего первого кошелька Binance Smart Chain.

1. Скачайте MetaMask тут .

2. Завершите базовые настройки (Не забудьте сохранить резервные фразы)

3. Нажмите сверху “Main Ethereum Network”.

4. Нажмите на “Custom RPC”

5. Скопируйте и вставьте каждый ряд в каждое поле, как это сделано в примере ниже.

Это должно выглядеть следующим образом:

Скопируйте и вставьте текст из поля ниже:

Binance Smart Chain

Скопируйте и вставьте текст из поля ниже:

Скопируйте и вставьте текст из поля ниже:

Скопируйте и вставьте текст из поля ниже:

Block Explorer URL

Скопируйте и вставьте текст из поля ниже:

7. Поздравляем! Теперь у вас есть кошелек Binance Smart Chain!

Краткое руководство по созданию вашего первого кошелька Binance Smart Chain.

1. Скачайте MetaMask тут .

2. Завершите базовые настройки (Не забудьте сохранить резервные фразы)

3. Нажмите сверху “Main Ethereum Network”.

4. Нажмите на “Custom RPC”

5. Скопируйте и вставьте каждый ряд в каждое поле, как это сделано в примере ниже.

Это должно выглядеть следующим образом:

Скопируйте и вставьте текст из поля ниже:

Binance Smart Chain

Скопируйте и вставьте текст из поля ниже:

Скопируйте и вставьте текст из поля ниже:

Скопируйте и вставьте текст из поля ниже:

Block Explorer URL

Скопируйте и вставьте текст из поля ниже:

7. Поздравляем! Теперь у вас есть кошелек Binance Smart Chain!

Источник

Create coin on binance smart chain

Here’s a quick guide on how you can create your own Binance Smart Chain Wallet.

1. Download MetaMask here .

2. Complete basic setup. (Remember to save your backup phrases)

3. Click “Main Ethereum Network” at the top.

4. Click “Custom RPC”

5. Copy and paste each line into each box as below.

It should look like this:

Copy and paste the text from the box below:

Binance Smart Chain

Copy and paste the text from the box below:

Copy and paste the text from the box below:

Copy and paste the text from the box below:

Block Explorer URL

Copy and paste the text from the box below:

7. Congrats! You now have a Binance Smart Chain Wallet!

Read more on Binance Academy about connecting MetaMask to Binance Smart Chain, or learn about MetaMask on Decrypt.

Here’s a quick guide on how you can create your own Binance Smart Chain Wallet.

1. Download MetaMask here .

2. Complete basic setup. (Remember to save your backup phrases)

3. Click “Main Ethereum Network” at the top.

4. Click “Custom RPC”

5. Copy and paste each line into each box as below.

It should look like this:

Copy and paste the text from the box below:

Binance Smart Chain

Copy and paste the text from the box below:

Copy and paste the text from the box below:

Copy and paste the text from the box below:

Block Explorer URL

Copy and paste the text from the box below:

7. Congrats! You now have a Binance Smart Chain Wallet!

Read more on Binance Academy about connecting MetaMask to Binance Smart Chain, or learn about MetaMask on Decrypt.

Источник

Create coin on binance smart chain

Here’s how you can get set up on Trust Wallet and start using Binance Smart Chain in just a couple of minutes.

Setting up your wallet for Binance Smart Chain

1) Download Trust Wallet here . If you already have Trust Wallet, make sure your app is up to date.

2) Complete basic setup of a multi-coin wallet . Remember to save your backup phrases.

3) Go to your Smart Chain wallet and press receive to find your address.

4) Deposit BEP20 assets to your wallet. The easiest way to do this is with Binance. Choose an asset on Binance that supports BEP20 withdrawals and withdraw to your Trust Wallet Binance Smart Chain address. Keep in mind that BNB is required to make any transactions on Binance Smart Chain.

5) That’s it! You’re ready to start using Binance Smart Chain.

6) Once you’ve received a BEP20 token, to view your transaction ID you can click on the transaction, press the share button in the top right and then copy the transaction ID.

Using Binance Smart Chain Dapps

7) For this part, iOS users will need the Dapp browser, which you can get by following this guide . Android users have the Dapp browser by default.

8) Once you’ve topped up your wallet, open the Dapp browser by pressing on the four squares at the bottom of the app.

9) Navigate to a Binance Smart Chain Dapp like PancakeSwap or BurgerSwap.

10) Use the Dapp and have fun!

Here are some more detailed guides on how to interact with Binance Smart Chain Dapps with Trust Wallet:

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