Welcome to this guide, where we are going to solve one of the most common doubts, how to connect metamask with Binance.
If you have arrived here, I guess you have this doubt. So, let’s see how to solve this problem and the possible confusion that often occurs.
Metamask cannot currently connect to Binance. What you can use in Metamask is the Binance Smart Chain, the Binance network. If you want to know how, you can see it here.
Although it is possible that in the future Binance will have a part of DEFI and will allow us to connect or link our metamask to the account, for the moment this is not the case. Another question you may have is how to send funds to Binance from your Metamask. If this is your case, just below you can find a guide where we cover this problem, so you can have your cryptocurrencies in Binance instead of Metamask.
Why can’t you connect?
Currently, we find centralised exchanges, such as Binance, Kucoin, Coinbase, Kraken and many more, and on the other hand, decentralised exchanges, such as pancakeswap, uniswap, sushiswap and others.
The main difference is that the former are centrally controlled by a company, and the latter are not. Where we simply connect our metamask wallet and interact with the decentralised exchanges. No need to add extra information such as an email, name, or ID, unlike centralised exchanges.
Therefore, it is very unlikely and we did not find any centralised exchange as such that allows you to connect your Metamask wallet. Because the cryptocurrencies of centralised exchanges are managed by the company itself. Whereas in Metamask, you are the one who holds the cryptocurrencies. They are very different approaches, which at the moment are difficult to see together.
Although Binance and other platforms have made some steps to create their own networks based on the Ethereum network, to attract new users to use DEFI in much more centralised networks, but with lower costs and faster transactions.
I hope this has helped you to solve your doubts about Binance and metamask. If you don’t have an account with Binance, you can create one just below.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
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