How To Add BUSD To Metamask In 5 Steps
The Binance USD Coin which is simply referred to as BUSD by many is a stablecoin that is pegged to the US Dollar (USD) on a 1:1 ratio. It is 2nd largest stablecoin by market cap just after Tether USD (USDT).
Metamask on the other hand is unarguably the most popular non-custodial cryptocurrency wallet right now. The wallet is available on a wide range of devices and can be used to store, trade, send, and receive various cryptocurrencies and crypto assets across multiple (compatible) blockchains.
BUSD is backed by the world’s largest centralized crypto exchange – Binance and just like other popular stablecoins, BUSD is available on a handful of networks including the Ethereum blockchain.
Like some other tokens we have discussed in the past on this website, you can only add the Binance USD coin (BUSD) to your Metamask wallet using Ethereum and other EVM-compatible networks including Polygon, BSC, Cronos, Avalanche, and more.
If you’re a Metamask user who’s currently searching for how to add BUSD to your Metamask wallet, you’re on the right page. In this article, you will learn how to add BUSD to Metamask easily on Ethereum and other EVM-compatible networks.
How To Add BUSD To Metamask (Quick Guide)
- Launch the Metamask extension or mobile app and unlock your account.
- Scroll down to the bottom of the page and click on [import tokens].
- Search for BUSD and select the correct option from the search results.
- Click on [Next].
- Finally, click on [Import token] to add BUSD to your Metamask wallet.
How To Add BUSD To Your Metamask Wallet (Step By Step Guide)
The Ethereum network is the most popular blockchain and the blockchain with the highest BUSD transaction volume.
We generally recommend you add the Binance USD coin (BUSD) to your Metamask wallet on the Ethereum network unless you intend to use BUSD on Metamask via other networks due to specific reasons.
To add the BUSD token to your Metamask wallet on Ethereum, you first need to ensure that the Ethereum Mainnet is selected as the default network on your wallet.
Once your wallet is connected to the Ethereum mainnet, you can then import the BUSD ERC-20 token to your wallet directly on the Metamask interface.
Below is a step-by-step guide on how to add BUSD to your Metamask wallet easily.
Step 1: Launch Metamask and unlock your wallet.
First, launch the Metamask extension on your web browser by clicking on the Metamask icon, then enter the account password to unlock your wallet.
If you’re on mobile, launch the Metamask mobile app by tapping on the Metamask app icon, then enter your account password or biometrics information to unlock your wallet.
Step 2: Ensure Ethereum is the selected network.
Since we’re adding the BUSD token to Metamask on the Ethereum Network (ERC-20), you want to make sure that the Ethereum Mainnet is selected as the default network on your wallet.
By default, the Ethereum mainnet should be the selected network on your wallet, but if you have switched networks in the past, then click on the network dropdown box and select “Ethereum Mainnet” from the list of available networks.
Step 3: Click on [Import tokens].
Now that your wallet is connected to the Ethereum Mainnet, scroll down to the bottom of the Metamask main window and click on [Import tokens].
Step 4: Search for the “BUSD” and select it from the list, then click [Next].
On the token import page, search for the BUSD token by typing in “BUSD” in the search field and then selecting [Binance USD (BUSD)] from the search results. The correct BUSD token is usually the first one on the search results list.
After that, click on [Next].
Step 5: Click on [Import token] to add BUSD to your Metamask wallet.
Finally, click on [Import token] to add the Binance USD (BUSD) token to your wallet on the Metamask browser extension.
Once the token has been added, you can go back to the Metamask home window to view your BUSD balance.
With this, you have successfully added the BUSD token to your Metamask wallet on the Ethereum network (ERC-20).
How To Add BUSD To Metamask On Other Networks.
Binance USD (BUSD) is also available on some of the popular blockchains around but not all of the blockchains are compatible with Metamask.
BUSD can only be added to Metamask using only EVM-compatible networks since the wallet only works with blockchains that are compatible with the Ethereum Virtual Machine.
Below you will learn how to add Binance peg BUSD to Metamask using a few of these compatible networks including Polygon and the Binance Smart Chain (BSC).
How To Add BUSD To Metamask On The Binance Smart Chain (BSC)
The Binance USD coin (BUSD) is available on the Binance Smart Chain and since the BSC is compatible with Metamask, you can add easily add BUSD to your wallet on the Smart Chain.
Below is how you can add the BUSD token to Metamask on the BSC network.
1. Copy the BUSD contract address for the Binance Smart Chain (BEP-20 BUSD).
To add the BUSD Stablecoin to your Metamask wallet on the Binance Smart Chain, you first need to get the contract address for the BUSD token on BSC.
To do this, go to the Binance USD token page on CoinMarketCap. On the page, click on [More], then scroll down on the dialog box until you find the BUSD contract address for the BNB Smart Chain (BEP20) network.
Now, click on the Copy icon next to the BUSD BEP-20 contract address to copy the address to your device clipboard.
2. Launch Metamask, unlock your wallet, and ensure the Binance Smart Chain is the selected network.
Launch the Metamask extension by clicking on the Metamask icon in the extensions area of your browser. Enter your account password and click on [Unlock] to unlock your wallet.
Since we will be adding Binance USD (BUSD) to Metamask on the Binance Smart Chain, you will want to ensure that the BSC Network has been added and selected as the default network on your Metamask wallet.
If you haven’t added the Binance Smart Chain to your Metamask wallet, we have a comprehensive tutorial on how to add the BSC network to Metamask on both the extension and mobile app. You will need to follow the steps in that article to add the BSC network to your Metamask wallet before moving forward with this guide.
Once you have added the Binance Smart Chain to your wallet, select it as the default network as illustrated in the screenshot below.
3. Scroll down and click on [Import tokens].
Now that you have added and selected the Binance Smart Chain network as the default network on your Metamask wallet, go back to the Metamask main window and scroll down to the bottom.
At the bottom of the page, click on [Import tokens].
4. Paste the Contract Address and click [Add Custom Token].
On the token import window, paste the BUSD contract address you copied earlier from CoinMarketCap and wait a few seconds for Metamask to fill in the Token Symbol and Decimal automatically.
Once that’s done, click on [Add Custom Token].
5. Click on [Import tokens] to add BUSD to Metamask on the BSC Network.
Finally, click on [Import tokens] to add BUSD to your Metamask wallet on the Binance Smart Chain network.
With this, you have successfully added BUSD to Metamask on the Binance Smart Chain.
How To Add BUSD To Metamask On The Polygon Network
The Binance USD coin (BUSD) is also available on the Polygon (MATIC) network. To add BUSD to Metamask on Polygon, simply copy the contract address of Polygon BUSD then input the address in the appropriate field to import the token to your wallet.
Below is how you can add BUSD To Metamask on the Polygon Network.
1. Copy the BUSD token contract address for the Polygon network.
To add the BUSD Stablecoin to your Metamask wallet on Polygon, you first need to get the contract address for the Binance USD token on Polygon.
To do this, go to the BUSD token page on CoinMarketCap. On the page, click on [More], then scroll down on the dialog box until you find the contract address for BUSD on the Polygon network.
Now, click on the Copy icon next to the BUSD Polygon contract address to copy it to your device clipboard.
2. Launch Metamask, unlock your wallet, and ensure Polygon is the selected network.
Launch the Metamask extension by clicking on the Metamask icon in the extensions area of your browser. Enter your account password and click on [Unlock] to unlock your wallet.
Since we will be adding the Binance USD Stablecoin (BUSD) to Metamask on the Polygon network, you will want to ensure that the Polygon network has been added to your Metamask wallet and selected as the default network
If you haven’t added the Polygon Mainnet to your Metamask wallet, we have a good tutorial on how to add the Polygon network to Metamask on both the extension and mobile app. You will need to follow the steps in that guide to add the Polygon (MATIC) network to your Metamask wallet before moving ahead with this guide.
Once you have added the Polygon network to your wallet, select it as the default network as illustrated in the screenshot below.
3. Scroll down and click on [Import tokens].
Now that you have added and selected the Polygon network as the default network on your Metamask wallet, go back to the Metamask main window and scroll down.
At the bottom of the page, click on [Import tokens].
4. Paste the Contract Address and click [Add Custom Token].
On the token import window, paste the BUSD contract address that you copied earlier from the CoinMarketCap website in the contract address field and wait a few seconds for Metamask to fetch the Token Symbol and Decimal automatically.
Once that’s done, click on [Add Custom Token].
5. Click on [Import tokens] to add BUSD to Metamask on Polygon.
Finally, click on [Import tokens] to add BUSD to your Metamask wallet on the Polygon network.
With this, you have successfully added BUSD to Metamask on Polygon.
Why Is MetaMask Not Showing My BUSD Balance?
In most cases, your BUSD balance may not show up on your Metamask wallet because you haven’t added the BUSD token to your wallet.
To add BUSD to your Metamask wallet, follow the guide above and ensure you add the token to your wallet using the network you intend to use BUSD on – Ethereum, Polygon, or the Binance Smart Chain (BSC).
In other cases, your BUSD balance might not be showing up on Metamask because you sent BUSD to your Metamask wallet using the wrong network, or your transaction simply hasn’t been completed.
For example, if you added BUSD to your wallet using the Ethereum network, you should only send BUSD from an external wallet or crypto exchange using the Ethereum network.
If you use another network like BSC or Polygon, your BUSD balance won’t show up when your wallet is connected to the Ethereum mainnet. For it to show up, you need to re-add BUSD to your wallet using the network you sent BUSD on.
And just in case you still don’t see your BUSD balance on Metamask when everything is set up correctly on your wallet, you might want to restart your web browser (if you use the Metamask extension) or the Metamask mobile app (if you’re on Android or iOS).
How Can I Find My BUSD Wallet Address On Metamask?
Your BUSD wallet address is the same as your default Metamask wallet address since the wallet address is shared amongst all tokens and blockchains added to your wallet.
We have a comprehensive guide on how to find your wallet address on Metamask so make sure to check that out if you’re seeking to find your BUSD wallet address on Metamask.
Wrapping Up
The Binance USD token (BUSD) is the second largest stablecoin which is pegged to the US Dollar (USD). It is backed by Binance which is the biggest crypto exchange right now.
There are a few ways to add the BUSD token to your Metamask wallet and this depends on the network you intend to use BUSD on. The token is currently available on several blockchains and some of these chains are compatible with Metamask.
You can add BUSD to your Metamask wallet on the Ethereum network by simply selecting the Ethereum Mainnet as the default network on your wallet. After that, click on [import tokens] at the bottom of the page, search for BUSD then add the token to your wallet.
On other networks like Polygon, and the Binance Smart Chain, you first need to copy the correct contract address for BUSD on the network you intend to add the token to.
Once you have the correct contract address, head over to your Metamask wallet and select your network of choice then add BUSD to your wallet that network using the contract address you copied.
And that’s about it. If you were searching for a tutorial on how to add BUSD to your Metamask wallet, we hope you found this guide helpful.
(1) Installing and setting up MetaMask
MetaMask can be downloaded on Chrome and Firefox, or on iOS and Android if you’re a mobile user. For the purposes of this tutorial, we’ll use the Firefox version, but the instructions will be more or less the same for every platform.
Firstly, you’ll want to head over to the MetaMask Download page. From there, select whichever platform you’re using, and follow the steps to install it on your device. Easy!
Next, follow along with the setup specified by the app. Go ahead and click Create a Wallet. Write down the backup seed phrase somewhere secret (preferably not on an Internet-connected device). Without this phrase, your funds can’t be recovered if your device is damaged or lost. Confirm that you’ve written them down on the next page.
And that’s it! You should now see your wallet, ready to send and receive funds.
The freshly-initialized MetaMask wallet.
(2) Configuring the wallet
You might notice straight away that we’re still dealing with an Ethereum wallet. At best, this won’t work with Binance Smart Chain DApps. At worst, you could lose funds by sending them to addresses you can’t actually use.
Let’s change that. We want to access the Settings to point the wallet towards Binance Smart Chain nodes.
Select Settings from the dropdown menu.
On the Settings page, we want to locate the Networks menu.
The Networks menu.
We want to click Add Network in the top-right corner to manually add the Binance Smart Chain one — it doesn’t come packaged with MetaMask. It’s important to note that there are two networks we can use here: the testnet or the mainnet. Below are the parameters to fill in for each.
(3) Mainnet (This is the one you are probably looking for)
Network Name: Smart Chain
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
2. Adding BUSD and KOI tokens
(1) Adding BUSD Token
A. Select the Smart Chain main network at the top of the wallet and click the “Add Token” button
B. Find the contract address of BUSD (0xe9e7cea3dedca5984780bafc599bd69add087d56) in the bscscan.com browser, copy it to the Token Contract Address, and click NEXT
C. Click “Add Token” to add the BUSD token displayed in the wallet
(2) Adding KOI Token
A. Click Add Token at the bottom of the wallet
B. Find the contract address of KOI (0x49158d0c9d39d74b57c3dcb14a442211745777f4) in the bscscan.com browser, copy it to the Token Contract Address, and click NEXT
C. Click “Add Token” to add the KOI token displayed in the wallet
D. Both BUSD and KOI were successfully added to MetaMask’s wallet.
Add BUSD to Metamask
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In this DeFi tutorial, we outline the safest and easiest way to add the Binance stablecoin BUSD to your MetaMask wallet.
Our guide has been verified to ensure that readers are adding the verified BUSD contract that is specified by the Binance Smart Chain. Follow our simple 4 step process to get started.
How to add BUSD to Metamask
Binance USD or BUSD is a stablecoin developed and deployed by the Binance Smart Chain team that is pegged to dollar. It is the most liquid trading pair across DeFi and GameFi on BNB Chain and the centralized Binance trading platform.
If you need to add BUSD to your Metamask account, you can follow this 4 step guide to get started.
- Log in to your Metamask account or download it and create a wallet.
- Once signed in, select the 'import tokens' button at the bottom of your Wallet extension.
- You will then get taken to the 'Import Tokens' page. Enter 'BUSD' into the search field and select Binance USD (BUSD).
- Once you select BUSD, you can click the 'Import Tokens' button to add it to your Metamask wallet.
What is Binance USD (BUSD)?
Binance USD is a dollar-backed stablecoin that is issued by the Binance Smart Chain team. The token is fully collateralized by USD and it can be redeemed for dollars at a 1:1 ratio. The BUSD stablecoin is designed to be used as a medium of exchange on the Binance trading platform and it is also the most liquid trading pair across DeFi protocols on Binance Chain.
Is BUSD a safe Stablecoin?
The answer to this question is not as simple as a yes or no. BUSD is a stablecoin, which means that its value is pegged to the US dollar. This peg ensures that one BUSD is always worth $1 USD. However, given the implosion of other stablecoins like UST and MIM in the crypto space, there are some risks involved with holding stabelcoins that are issued by off-shore entities.
So, while BUSD is a stable and reliable currency, there is still some risk involved in holding it.
What are the benefits of using BUSD?
Using BUSD has a number of benefits, including:
- Stability: As a dollar-backed stablecoin, BUSD provides users with stability and peace of mind knowing that their money is not subject to the volatility of crypto markets.
- Liquidity: BUSD is the most liquid trading pair across DeFi protocols on Binance Chain, meaning that users can always buy or sell BUSD for other assets with ease.
- Fees: If you trade with BUSD on the Binance trading platform, your fees are cut in half from 0.1% to 0.05% per trade.
There are also some risks, which include the stablecoin losing peg — however there has been no evidence of that happening in the past.
Final Thoughts
In summary, this DeFi tutorial presents a safe and easy method for adding the Binance stablecoin BUSD to your MetaMask wallet. By following our verified 4-step process, you can ensure that you are adding the authentic BUSD contract from the Binance Smart Chain. BUSD offers several advantages such as stability, liquidity, and reduced trading fees on the Binance platform. Although stablecoins like BUSD come with some inherent risks, it remains a stable and reliable currency option for users in the DeFi ecosystem.
How to add BUSD to your MetaMask
The first NFT LAND Sale on Polkastarter is here. Let’s get everything ready for March 8.
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The Cryptoverse NFT LAND sale will be on BUSD on BNB Chain (BNB), so in order to participate, you’ll need to add BUSD to your MetaMask wallet.
If you are not sure how to buy BUSD, we’ve got you!
Here’s a quick tutorial on how you can buy BUSD to participate in the Cryptoverse sale on March 8.
Before you Start
You will need the BUSD token to participate in the Sale and to hold BNB in order to pay the network fees.
The next step will be how to add it to your MetaMask wallet and make sure its connected and funded before participating in the Polkastarter x Cryptoverse NFT LAND sale.
How to add BUSD in Metamask
First of all, if you don’t have a MetaMask account here’s a quick tour of your first steps:
1. Download MetaMask from their official website.
They have a browser extension that works on Chrome, Firefox, Brave and Edge, and a mobile iOS and Android app.
2. Create a wallet by following the instructions.
Once you get to the backup seed phrase, make sure to write it down on a piece of paper rather than storing it on your computer or phone.
3. Congratulations!
You’ve just created a MetaMask account. It should look something like this:
How to add the BNB Chain Network (Binance Smart Chain) to MetaMask
The first thing you’ll need to do is change your Network to BNB Chain Network (Binance Smart Chain), follow this link to learn how.
Then, you’ll need to add BUSD token to your wallet.
There are two ways you can do it:
1. Click on ‘Add token’ and copy-paste the BUSD token contract address: 0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56
2. You can go to CoinGecko and on BUSD page click on the MetaMask icon to automatically add it to your wallet.
Now that the BUSD token is visible on your MetaMask wallet you’re ready to start!
To participate in the NFT LAND Sale, you’ll need to send the BUSD token to your MetaMask and make sure you have BNB there to cover all the necessary fees.
Here’s how you can do that:
1) Buy BUSD via an exchange. The token is listed on many exchanges such as Binance, Gate.io, KuCoin, and Pancakeswap.
2) Send it to your Metamask account on the BNB Chain Network. Where it says “Address”, put your address.
Check the image below to know how to find your address
3) Send BUSD to your MetaMask
4) All Done! Now you can participate in Cryptoverse NFT LAND Sale on Polkastarter. ��
About Polkastarter
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With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment and use assets both in and beyond the current ERC20 standard, namely BNB and Polygon (MATIC) tokens.
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