Are you ready to dive into the world of cryptocurrencies and DeFi projects? Connecting your Trust Wallet to Binance’s BNB Smart Chain is a quick and easy way to get started. So let’s get right into it!
Introduction
In this guide, we’ll walk you through the process of setting up and configuring Trust Wallet to access the BNB Smart Chain. Trust Wallet is a mobile cryptocurrency wallet that doesn’t require registration and is available for iOS, Android, and Google Play users.
Once installed, you can connect your Trust Wallet to decentralized applications (DApps) such as PancakeSwap, SushiSwap, and Beefy Finance. It’s a convenient and secure way to transact in cryptocurrencies and participate in the DeFi ecosystem.
Trust Wallet also supports other blockchains like Ethereum, POA Network, and Callisto, making it a versatile tool for managing your digital assets.
Installing and Configuring Trust Wallet
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First, visit the Trust Wallet website and select the version for your operating system.
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Install the application on your device and open it. To create a new wallet, click on “Create a new wallet.”
- Take note of the seed phrase that appears on your screen. This phrase serves as a recovery password in case you lose access to your mobile device or wallet. Keep it safe and don’t share it with anyone.
- Verify your seed phrase by entering the words in the correct order. This step ensures that you’ve properly recorded the phrase. Once done, click “Continue.”
- Congratulations! Your crypto wallet is now created, and you’ll find yourself in the “Wallet” tab.
Depositing BNB to Trust Wallet
When using DApps on the BNB Smart Chain, you’ll need BNB coins to pay for transaction fees. Every time you send tokens or interact with smart contracts, a gas fee is required.
- To use BNB BEP-20 tokens for gas, you must send them through the BEP-20 transfer network. If you’re withdrawing funds from Binance, make sure to select the [BEP-20 (BSC)] option on the withdrawal page.
- Open the “Wallet” tab in Trust Wallet and click on “Smart Chain” (not “BNB”). The latter option is for BEP-2 BNB on Binance Chain and can’t be used for transaction fees on the BSC.
- Click the “Receive” button to view your wallet address. You can copy the address or scan the QR code to receive BNB into your Trust Wallet.
Adding New Tokens to the Trust Wallet List
After installing Trust Wallet, you’ll notice that the list of supported tokens is quite limited. But don’t worry, you can easily add new tokens to the list, starting with CAKE from PancakeSwap.
- Open the “Wallet” tab and click on the icon in the upper right corner.
- Find the token you want to add and enable it by toggling the switch. In this example, we’re adding CAKE (BEP-20) from PancakeSwap to the BNB Smart Chain.
- Done! The CAKE token will now appear in your “Wallet” tab along with your balance.
How to Connect Trust Wallet to PancakeSwap
There are two ways to connect your Trust Wallet to PancakeSwap and other DApps: through the Trust Wallet mobile browser or a PC browser. Both methods offer the same functionality, so choose the one that suits you best.
Connection via Trust Wallet Browser
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If you’re using the Trust Wallet DApp browser, visit the PancakeSwap website and click the “Connect” button in the top right corner.
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Select “Trust Wallet” to establish a connection between your wallet and PancakeSwap.
- Once connected, your wallet ID should appear in the upper right corner of the PancakeSwap website.
Connect via Browser on PC
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Go to the PancakeSwap desktop website and click “Connect” in the top right corner.
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Click “WalletConnect” to initiate the connection process. Please note that the Trust Wallet button only works when using the Trust Wallet browser.
- A QR code will appear. Open the Trust Wallet app, go to the Settings tab, and click “WalletConnect.” Scan the QR code on the PancakeSwap website and click “Connect” in Trust Wallet.
- If the connection is successful, you should see the beginning of your wallet ID in the upper right corner of the PancakeSwap website.
Summary
Trust Wallet is a popular mobile application that supports multiple blockchains and tokens. It serves as a gateway to the DeFi ecosystem, including NFTs. By following the steps outlined in this guide, you can quickly connect your Trust Wallet to the BNB Smart Chain and gain access to various services, such as PancakeSwap.
So why wait? Download Trust Wallet and embark on your cryptocurrency adventure today!
