Step 6: Finally click on [Finish] to complete the setup process. Note: Ensure that the Binance Smart Chain (BNB Chain) is enabled and set as your default network. Due to the fact that MetaMask is an Ethereum-based cryptocurrency wallet, it does not support adding SOL tokens or any other blockchain-based crypto tokens. According to CoinMarketCap.com, it is one of the top ten most valuable cryptocurrencies in terms of total value. No, Metamask does not support Solana NFTs and this is because Metamask is not compatible with the native Solana blockchain. Solana will soon release an EVM compatible update through Neon Labs, who are working on deploying SOL to the Ethereum Virtual machine. Binance and Huobi Froze $1.4 Million in Crypto Tied to the Harmony Bridge Heist. Alternative wallets to store SOL (Plenty of choices!). So, what exactly is Solana?Solana is one of the most widely used cryptocurrency, with over 10,000 in existence. 3. The SOL currency, Click on[Withdraw]and select Solana(SOL) from the coin list. Finally, enter the amount of SOL to be transferred and tap on[Withdrawal]. Lets get straight to it, shall we?, The answer to this question can be a little disappointing to crypto investors. Select 'Connect wallet' in the top right to do so. If you want to store the SOL native token, use a Solana-compatible wallet. You can find the token contract address on coinmarketcap or BscScan. How to Add Velas to Metamask. He is also a contributor to some top publications in the crypto space. DOGE You will need to follow the steps in that article to add the network to your Metamask wallet before moving forward with this guide. Make up a password that you can later use to access your wallet, then type it again to confirm it in the following text box. Method 2: Use An Alternative Wallet (Phantom Wallet), How to Get a Solana (SOL) Wallet for DeFi and NFTs, Metamask vs Coinbase: Which Crypto Wallet I Should Choose? Search for the token name on Solana explorer and copy the token mint address. Step 2: Click on create a New Wallet and generate a centuries-proof password. Left traditional finance to pursue my interest in digital assets and decentralized finance. I hope it has helped you to solve your doubts about metamask and the Solana network, and you can find out why you cant use it. On the Settings page, we want to locate the Networks menu. Note these keys and click on [Continue]. The platform is widely used in the gaming industry, with games built on Unity currently seeing around 2.9 billion monthly users and over 5 billion game downloads in a month, according to data from Forbes in 2022. First, head over to thePhantom Wallet download pageand download the correct browser extension (if youre on PC/Mac/Linux) or the mobile app for Android or iOS if youre using a mobile device. To do this, you first need to launch the extension by clicking on the Phantom wallet icon and then entering your password to unlock the wallet. Adding Kovan to MetaMask. Unitys move into Web3 could bring its significant user base with it. Best MetaMask Solana Alternative - Phantom Wallet. Sending native You will suffer a long-term financial loss if you add Solana tokens to your Metamask wallet. For its first list of Web3 companies that will take part in the VSP Program, Unity has chosen the likes of Solana, Aptos Laps, Altura, Tezos, Immutable X, Infura, Aikon Trust Wallet is a leading multi-chain crypto wallet that allows you to store your coins and NFTs in one place. Although users cannot add Solana to MetaMask, there are other alternatives available to interact with the Solana blockchain. Go to Settings and select Network Next, click on your profile picture, which you can see on the top right hand corner. You can copy CTIs contract address (0xcb8fb2438a805664cd8c3e640b85ac473da5be87) and import it manually, or if you've installed MetaMask's chrome extension, add CTI to MetaMask with one click on CoinGecko. It is one of the fastest blockchains in the world with a plethora of projects covering NFTs, DeFi, Web3, and more., Assuming you utilize Metamask as your main wallet to store and trade crypto and NFTs, you may perhaps be thinking about how to add Solana to Metamask - weve got you!, In this article, we will describe if it is feasible to add Solana to Metamask. How Ethereum's evolution impacts crypto markets. The first method you can use to add Solana to your Metamask Wallet is to convert your original SOL to a wrapped version that can run on the Binance Smart Chain. Required fields are marked *. Unfortunately, you cannot add Solana to Metamask. Note: You can not send native Solana tokens (SOL) to your Metamask Wrapped SOL wallet address and this is because these two tokens are deployed on different blockchains even though they have the same value. Setting up MetaMask with a custom provider. BTC Trust Wallet is available as a browser extension (Chrome, Brave, Opera, Edge) and mobile wallet (Android; iOS). Trade SOL futures contracts with up to 100x Leverage and 0 trading fees. It was created by Anatoly Yakovenko. Celo (CELO) Price Prediction 2023 2030: Is It A Great Investment? Your secret recovery phrase is your access to the wallet you just created on Phantom. We are creating a new wallet so we are going to click create new wallet. Happy to chat with you on how Flask and Snaps works and add a non-EVM network like Solana. What Kind of Culture Are We Building in Web3? deposit: $10License: Cysec, Very low commissionsExchange with more cryptocurrencies, Learn how to fix different Metamask Errors below, Configure different networks in Metamask with our guides, Your email address will not be published. We want to click Add Network in the top-right corner to manually add the BNB 3. One such wallet is the Phantom Wallet which is available on desktop as a browser extension and a mobile app. The wallet uses AES 256 encryption and PBKDF2 password hashing to protect customers private keys on their devices. Offers Solana (SOL) Staking with up to 10% APY in interest. Metamask is owned & operated by the Ethereum Consensys team and they have not announced any plans to support non-Ethereum compatible networks like Solana. Marc is a millennial economist, systems thinker, crypto investor (since 2017), crypto writer, and peak performance consultant. You can only send Solana to your wallet on Metamaskusing the Binance Smart Chain (BEP20)network. You do not need to take any action. Solana on the other hand is a powerful decentralized blockchain built to enable scalable and user-friendly decentralized apps (DApps). But there are very similar solutions that you can use, and you wont have any difficulty using them if you already have experience with metamask. However, if you wish to add the SOL native version (SOL coin), consider an alternative wallet. How To Add Solana Network To Metamask In order to add Solana Network to Metamask, you will first need to install the Metamask extension for your browser. If you are using Metamasks app, use a PIN, fingerprint, or Face ID to unlock. Ledger Nano X is one of the most reputable cold/hardware wallets. When you are done, click on continue. Adding Solana to Trust Wallet is a simple process. In this article, you will learn if it is possible to add Solana to Metamask as well as how to add Solana to your Metamask wallet using some alternative methods. Below you will find the necessary data for the 20 most popular EVM chains. In order to do that, you should go to your web browser and open your wallet. Heres our 3-step guide: Adding Solana Network to Metamask is not possible. Lets now get to the steps and know how you can set up a Phantom wallet for Solana support., To do so, you will need to visit the Phantom wallet page to download the browser extension for your desktop or the app, depending on the device - iOS or Android., Note: We will be covering the steps below as steps for a browser extension., Once Phantom is downloaded, click on the Phantom wallets extension icon on your browser and click on Create a New Wallet., You will want to create a strong password that will help you access your wallet whenever you need it. Metamask is one of the leading non-custodial crypto wallets in the crypto space which is primarily used to interact with the Ethereum blockchain and other EVM-compatible blockchains available when integrated with the wallet. No, you cannot add the native Solana token SOL to your Metamask wallet because Solana is not compatible with Metamask. MetaMask itself will now spring into action, and will present you with an approval menu. If you want to interact with the Solana ecosystem, you will need Solana in its native form. Add CTI to MetaMask. Platform: BinanceMin. A Phantom Wallet or any other cryptocurrency wallet powered by the Solana blockchain can be used to add SOL tokens. 2. Solana is the name of the cryptocurrency platform, while a sol is the name of the individual unit. To continue with the Avalanche example, you can then send AVAX to your wallet. The network is more robust as a result of the decentralized architecture, and users can conduct transactions without the need for an intermediary. To receive SOL in your freshly created wallet on Phantom wallet, you must obtain your Solana wallet address. Select [Add Network]. The Networks menu. To add tokens to your MetaMask wallet from a CoinMarketCap token page, look for the Contracts box and the little fox icon next to it. Although you cannot add the native Solana token to Metamask, there are some alternative methods you can use if you want to store SOL on your Metamask wallet. BitPaye Review (2022) Can You Really Earn Bitcoins? In their three years of operation, they have experienced no exploits or data breaches. It is also one of the most popular decentralized blockchains out there and home to thousands of projects spanning across the DeFi, NFTs, and Web3 spaces. 2.1.1 Step 1: Copy the contract address for Binance-PEG Bitcoin (BTCB). If you look at other networks that are not EVM, you will see that they do not appear in Metamask either and cannot be used in Metamask. Crypto Total Market Cap on TradingView.com, The JPEG Battle: Blur Dangles $300 Million For NFT Traders To Abandon OpenSea, Top 5 AI Cryptos To Watch In The First Week Of March 2023, Goldman Sachs To Bolster Crypto Team With New Hires Following Layoffs, Smart Money Goes Short As Macros Cast Gloom On Crypto, Tel Aviv Stock Exchange Is Working To Add Crypto Trading Heres Why, UAE Plans On Launching A Free Zone For Digital And Virtual Asset Companies, Trezor Plans To Produce Silicon Chips For Hardware Wallets. Phantom is the largest DeFi and NFT Wallet on Solana with millions of users. Like a long-running receipt, this blockchain database controls and tracks the money and effectively records every transaction that has ever occurred in it. Upon adding the information, you will be brought back to the wallet screen. WebOpen the Metamask browser extension Enter your wallet account password Select Binance Smart Chain network Click on Import Tokens option Paste the contract address you You can only send Solana from Binance to Metamask via the Binance Smart Chain because Metamask does not support the native Solana blockchain. Phantom is completely free and they make it easy to send and receive tokens, as well as transact for low fees in DeFi. We recommend noting down the phrase and safely storing it - once done, tick the checkbox and hit onContinue., This can be used to launch the Phantom wallet extension. FireFaucet Win Review (2022) Crypto Earning Site | Legit or Scam? Alternative Methods On Adding Solana To Metamask. Polkadot Therefore, such a wallet is custodial. This is the easiest method. *In Metamask, the wallet address is under your account name (initial page). Since they all share one thing in common, they are EVM compatible, and use solidity as their language. 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