A Guide to Connecting Trust Wallet to Binance Smart Chain (BSC)
In this guide, we will teach you how to start using Trust Wallet and get you set up! We will use Binance as our Central Exchange and the Binance Smart Chain as our example. It will also be noted that you can use this guide for any other network as well as an exchange you would like to use!
Introduction #
Trust Wallet app is a mobile crypto wallet. It is available on Android, iOS, and Google Play. Your wallet can be easily connected to DApps such as PancakeSwap, SushiSwap, and Beefy Finance once it is installed.
One of the easiest ways to interact with cryptocurrencies and DeFi projects is to learn how to access Binance Smart Chain. Trust Wallet is an easy way to do it without using a desktop browser, and setting it up only takes a few minutes.
Trust Wallet isn’t just for BSC. In addition, it supports the Ethereum, POA Network, and Callisto blockchains. For this guide, we’ll use PancakeSwap as an example, but the process is pretty much the same for most DeFi platforms.
Installing and setting up Trust Wallet #
1. First, head to the Trust Wallet website and click the link for your desired OS.
2. Download the app according to your device. Then click the [Create a new wallet] button after opening Trust Wallet.
3. You’ll see a seed phrase now. You can use it to recover access to your mobile device or wallet if you lose it. Store a copy of it in a safe, secret place.
4. Clicking [Continue] will prompt you to repeat your phrase in the correct order. Please make sure that you’ve copied your seed phrase. After you have entered the words in the right order, click [Continue].
5. After setting up your crypto wallet, you should see the [Wallet] tab.
Depositing BNB into Trust Wallet #
Binance Smart Chain (BSC) DApps require Binance Coin (BNB) for transaction fees. Gas will be charged every time you send tokens using BSC or interact with smart contracts.
1. You must use the BEP-20 transfer network to send your BNB BEP-20 tokens for gas. On the withdrawals page, you should select the [BEP-20 (BSC)] option if you are withdrawing from Binance.
2. In Trust Wallet, click [Smart Chain] on the [Wallet] tab to deposit your BEP-20 BNB. Avoid clicking [BNB]. This option is for BEP-2 BNB on Binance Chain and cannot be used to pay transaction fees on BSC.
3. Find your deposit address by clicking the [Receive] button. This address can then be pasted into your withdrawing wallet or scanned with a QR code.
Adding new tokens to your Trust Wallet list #
Your default list of tokens and cryptos is quite small after you install Trust Wallet. Say you want to make CAKE visible in your Trust Wallet by adding it to your list.
1. In the top right corner click the [Wallet] icon.
2. Click the toggle button next to the token you want to add to your list, so it turns green. We’re going to add CAKE (BEP-20), PancakeSwap’s token on Binance Smart Chain.
3. Done! You’ll now see CAKE on your [Wallet] tab and any balance that you might have.
You can do this again for any token in the BEP-20 Network or any other token in other networks that is recognized in Trust Wallet!
Using Trust Wallet for BNB Smart Chain
Trust Wallet (trustwallet.com) is a self-custodial wallet that is secure, open source and decentralized. It is a multi-chain wallet that allows you to store and manage over 6 million crypto assets including NFTs across 69 blockchains. Seeing significant user adoption since its launch in November 2017. The company has built a reputation for security and has held itself to the guiding principles that it will never access user wallets, hold private keys, and ask for personal information.
Install Trust Wallet
- Go to https://trustwallet.com to install the most recent version of Trust Wallet.
Trust Wallet can be downloded from the Apple Appstore or from the Google PlayStore.
- Launch the app in order to create a new wallet and accept the terms of use.
- Backup the recovery phrase and keep it secure at all times.
- Complete the initial setup and you're wallet is ready for use.
Getting the Smart Chain Address
- Tap on the toggle at the upper right and then search for "Smart Chain".
- Get the Smart Chain address by tapping on Copy, or Receive to display the QR code.
Receive BNB and BEP20 tokens
Your Smart Chain address is able to receive BNB or BEP20 tokens.
- Withdraw BNB Tokens from Binance.
- BEP20 tokens are also supported by Trust Wallet.
Sending BNB to a Smart Chain address
Tap on Send to initiate the transfer, then fill in Recepient address and Amount.
Confirm the transaction by tapping on Send. Transaction will be done in seconds.
Access BNB Smart Chain DApps
- Switching to BNB Smart Chain Network to access DApps.
1.1 Type the URL on the built in browser in order to access a DApp.
1.2 Tap on the ETH logon on the upper right corner to see Network options. Choose BNB Smart Chain.
Как настроить и использовать Trust Wallet для Binance Smart Chain
Ниже мы расскажем, как всего за несколько минут настроить Trust Wallet и начать использовать Binance Smart Chain.
Настройка вашего кошелька для Binance Smart Chain
1) Загрузите Trust Wallet здесь . Если у вас уже есть Trust Wallet, убедитесь, что вы используете последнюю версию приложения.
2) Завершите базовую настройку мультивалютного кошелька . Обязательно сохраните вашу резервную фразу.
3) Перейдите в свой кошелек Smart Chain и нажмите «Получить», чтобы узнать свой адрес.
4) Внесите активы BEP20 на свой кошелек. Проще всего сделать это через Binance. Выберите актив, который поддерживает ввод и вывод токенов на BEP20 на Binance, и переведите его на свой адрес Binance Smart Chain в Trust Wallet. Помните, что для любых транзакций на Binance Smart Chain необходим BNB.
5) Вот и всё! Вы можете использовать Binance Smart Chain.
6) Чтобы проверить ID транзакции после получения токена BEP20, нажмите на транзакцию, затем нажмите «Поделиться» в правом верхнем углу и скопируйте ID транзакции.
Использование децентрализованных приложений Binance Smart Chain
7) В этой части пользователям iOS потребуется Dapp браузер, который можно найти в этой инструкции . У пользователей Android браузер Dapp установлен по умолчанию.
8) После пополнения кошелька откройте браузер Dapp, нажав на иконку с четырьмя квадратами в нижней части приложения.
9) Перейдите в децентрализованное приложение Binance Smart Chain, к примеру, в PancakeSwap или BurgerSwap.
10) С удовольствием пользуйтесь децентрализованным приложением!
Вот еще несколько подробных инструкций по взаимодействовию с децентрализованными приложениями Binance Smart Chain через Trust Wallet:
How to Connect Trust Wallet to Binance Smart Chain and Interact With dApps
The Binance Smart Chain (BSC) is rife with cryptocurrencies, projects, and decentralized applications tailored to meet the needs of a large number of users. Several cryptocurrency wallets can interact with BSC, and Trust Wallet is one of the best and easy-to-use wallet options available on mobile.
Trust Wallet does not require users to go through any registration process to use the app. It is available on Android and iOS, and it allows users to interact with their favorite cryptocurrencies, DeFi projects, and NFTs all from one interface on Trust Wallet. The crypto wallet supports other blockchains apart from Binance Smart Chain, with options to switch to Ethereum, Thundercore, Fantom, Cosmos, and IoTeX, amongst others.
You can also buy crypto directly from a third-party provider with your credit/debit card on Trust Wallet.
To connect Trust Wallet to and interact with the Binance Smart Chain, you first need to create a multi-chain wallet on Trust Wallet.
Creating a Wallet
To download the Trust Wallet mobile app, first, log on to the Trust Wallet website and choose your preferred operating system, iOS or Android. Clicking on any option will open the Store app on your device, App Store for iOS, and Play Store for Android. You could also choose to launch the App Store or Play Store and search for Trust Wallet. Then, click on download and install.
Once the download is complete, launch the app. On the interface, click on ‘Create a new Wallet,’ which opens up to another interface where you will be asked to backup your wallet. Clicking on ‘continue’ will reveal a 12-word arrangement called a seed phrase that allows you to recover your wallet if lost or deleted.
Write these words down, click on ‘continue‘ and arrange the words in the correct order to proceed. The following prompt reveals that the creation of the wallet was successful.
Interacting with the Wallet Interface
When you have successfully set up your wallet, the next step is to familiarize yourself with the interface. To add tokens of your choice, click on the icon in the top right corner, search through the options and turn on the desired token. You can also buy cryptocurrencies from the wallet homepage. BNB on Binance Smart Chain automatically appears on the wallet homepage.
Security is essential, so click on the Settings icon and add more layers of security like a passcode and biometric login option to your wallet. You will be required to type in the passcode/biometric verification to access your wallet, approve transactions, and view the seed phrase.
Connecting to the Binance Smart Chain
Trust Wallet is compatible with a variety of blockchains but is set to Ethereum by default. The multi-chain nature of the wallet ensures that when sending or receiving any particular cryptocurrency, the address automatically matches the token blockchain.
To connect with and use the Binance Smart Chain, you need to possess some amount of BNB on BSC to pay for transaction fees. For every transaction you approve on the wallet, the BSC network will charge a gas fee to process it. You can buy BNB through the third-party provider on the wallet homepage or exchanges like Binance.
If you buy BNB on an exchange, you need to send it over to the Trust Wallet. Click on the ‘Smart Chain’ option on the homepage, click on the Receive icon and copy the wallet address. BSC addresses on Trust Wallet are the same as the Ethereum address. After copying the address, proceed to the exchange where you own some BNB and begin the withdrawal.
If you are withdrawing from Binance, paste the copied address, and select BEP20 network if the automatic matching fails. If the transaction is confirmed, you will have successfully deposited BNB on Smart Chain in the Trust Wallet app. Now, you can proceed to explore dApps, buy other tokens, play games and collect NFTs on your favorite platforms.
Interacting with the Binance Smart Chain Ecosystem from Trust Wallet
Trust Wallet’s smooth interface and dApp browser allow users to interact with their favorite DeFi applications, games, and marketplaces and seamlessly connect to their wallets.
To swap one token for another on a decentralized exchange, for instance, first, click on the Browser icon and type in the desired website. On the dApp browser interface, you will find options for popular dApps. Click on Pancakeswap, for instance.
A popup immediately indicates that the dApp Pancakeswap wants to connect to your wallet. You will need to approve the connection to interact with Pancakeswap.
Trust Wallet automatically matches the BSC network when you open Pancakeswap, but some dApps may not match automatically. Click on the Ethereum icon at the top right corner of the screen and select the corresponding network you want to interact with before carrying out any transaction. You can proceed to swap your favorite tokens, provide liquidity or buy NFTs on Pancakeswap.
The procedure is more or less the same when interacting with any other decentralized application on Trust Wallet.
Precautions
You should log your wallet out of any dApp after every session. DApps are targets for hackers who seek to steal tokens from wallets, so you shouldn’t leave your wallets connected to any application. Click on the Wallet icon at the top right of the Pancakeswap homepage, and hit the log out button to disconnect your wallet and end the session.
Some mischievous dApps request permission to do more than view your balance activity or demand approval for transactions. These applications can access your tokens if you connect your wallet to them. Read the prompts carefully and only connect your wallet to trusted sites to prevent loss of funds.
If you want a great experience while interacting with the Binance Smart Chain, Trust Wallet is a great option. You can connect to the blockchain automatically and use your favorite dApps to perform transactions seamlessly.