What is Binance chain wallet? How to download and use Binance Chain?

TutorialsOctober 18, 2021

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Binance Chain Wallet is an electronic wallet that allows users to connect to various blockchain networks. This article will help you learn more about the Binance chain wallet and install and use it.

What is the Binance chain wallet?

What is Binance chain wallet? How to download and use Binance Chain?

Binance Chain Wallet is an extensible digital wallet that allows users to connect to other blockchain networks such as Binance Chain, Binance Smart Chain, and the Ethereum network. Binance Chain wallet is a cryptocurrency wallet issued by Binance, allowing users to transfer funds on supported networks.
The Binance Chain Wallet supports a convenient Wallet Direct feature that allows users to connect their Binance account to the BC Wallet. Therefore, users can quickly transfer money between these accounts.

* See more: The complete guide Binance from a to z

How to install Binance Chain Wallet

Step 1: To download the BC wallet, visit the Binance chain homepage here.

What is Binance chain wallet? How to download and use Binance Chain 1

Step 2: Select the browser corresponding to the browser you are using. This article guides you to download the application on the Chrome browser.

Click on the Chrome icon. A new window appears, click Add to Chrome (Add to Chrome), then click Add extension.

1 What is Binance chain wallet? How to download and use Binance Chain 2

Click on the list of extensions installed on Chrome, select the BC wallet icon.

Two options appear:

  • Create a wallet
  • Use existing wallet

How to create a new BC wallet

If you don’t have a BC wallet, click Create a wallet, then select (Continue with tKey via G)

You enter your Gmail and click Next. The Gmail account you enter can be used to verify your wallet’s identity later.

What is Binance chain wallet? How to download and use Binance Chain? 5

Create a password for your wallet and click Continue. This password can be a layer of protection if you forget your private key.

The screen shows 12 secret phrases. You need to save this secret phrase from recovering your account when needed. Then click Continue.

You have successfully created a BC wallet.

Link your Binance account with Wallet Direct

For the BC wallet to interact with the Binance smart chain blockchain network, to pay transaction fees, or use the service of smart contracts. To use the BSC network, you need to use the BNB token BEP20.

It would help if you had BNB in ​​your Binance spot wallet, then link your Binance account to your BC wallet using the Wallet Direct feature. The steps are as follows:

1. Click the button in the upper right corner of the wallet, then select [Connect to Binance.com account].

Log in to your Binance account and click “Verify and connect my address”.

Next, a window pops up, click “Connect to wallet,” then click “Connect.”

Next, click [Sign with wallet], then select [Confirm].

Once done, you need to do Binance’s authentication.

Thus, the BC wallet has been linked to your Binance account.

How to deposit BNB to BC wallet from Binance account

To transfer money from your Binance account, go to the BC wallet you have installed on your device, click [Receive], then select [Wallet Direct].

What is Binance chain wallet? How to install Binance chain Wallet. How to create a new BC wallet. How to deposit tokens into BC wallet

Enter the amount of BNB you want to transfer, then click [Next]

What is Binance chain wallet? How to install Binance chain Wallet. How to create a new BC wallet. How to deposit tokens into BC wallet

How to add new tokens to the BC wallet.

To add a new token to your BC wallet, click the [+] sign in the bottom corner of the screen.

What is Binance chain wallet? How to install Binance chain Wallet. How to create a new BC wallet. How to deposit tokens into BC wallet

Then, find the currency you want to add in the search box.

What is Binance chain wallet? How to install Binance chain Wallet. How to create a new BC wallet. How to deposit tokens into BC wallet

Conclusion

BC Wallet is a cryptocurrency wallet that makes it more convenient for you to use Binance. With the use of the BC wallet, you will be more assured of security when trading cryptocurrencies. In particular, BC’s interface is also quite easy to use, so it is very convenient for newcomers to also access and trade the cryptocurrency market and Defi applications.

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