** Metamascus: Why can you save your Dogecoin on Binance smart chain (BSC)?
As the popularity of the CRIPTO currency continues to grow, more users seek for the storage and management of digital property beyond traditional exchange. One popular solution is the use of metamask, a decentralized app platform (DAPP) that allows users to interact with various blockchain networks within the Ethereum Virtual Machine (EVM). While most people connect Dogecoin (Doge) to Ethereum network, it is surprising to find out that you can really save your dogs to Binance Smart Chain (BSC), another popular smart contract.
** What is metamask?
Metamascus is an independent application that allows users to interact with various blockchain networks within the EVM. Provides a user interface for the creation, management and implementation of DAPPS as well as interaction with different block chains. With a metamic, you can access multiple blocks of chains, including BSC, using its unique address format.
** Why save Dogecoin on BSC?
There are several reasons why users could decide to save their dogs on BSC:
- Compatibility of the cross chain : Incorrect Doge on BSC, you can easily transfer them to other blockchains or exchanges, facilitating trading and management of assets.
- Faster transaction time : Block -s is a BSC time significantly shorter than Ethereum, which means that transactions are processed faster, reducing the need for frequent networking of the network.
- Higher fees
: on Ethereum, fees may be steep due to high energy consumption required to perform transactions with intense gases. You pay for lower fees at BSC, making it more attractive option for users who want to store and transfer property at a lower price.
How to save Dogecoin to BSC with metamas
To save your dogs on BSC using a metamic, follow these steps:
- Download and install a metamascus
: Go to the Metamascus website and download the app for your device.
- Create an account : Login for a new account or sign up for an existing one.
- Connect your wallet : Connect your etheraum-compatible wallet to metamask.
- Make a new address : Make a new private key by clicking the “Create” button. This will create a unique address that can be used to recipse Doge and send funds.
- Dogeum transmission from Ethereum to BSC : Use “Transfer” feature in a metamascus to transfer your dog from your Ethereum Wallet to a newly created BSC address.
Tips and precautions
- You must have enough ether (ETH) in your Ethereum wallet before passing down to BSC.
- Be careful when using metamask, as it is crucial to use only reputable sources for DAPPS and transactions.
- Keep in mind that Doge is still relatively unstable assets, so be prepared for fluctuations on the market.
Conclusion
Dogecoin savings on BSC with metamascus offers several advantages of traditional exchange. With the launch of the BSC cross-chain compatibility, you can easily convey the property between Blockchain and reduce transaction costs. Although there are risks associated with the use of decentralized applications, with proper caution and understanding, the metamascus provides a safe and user way to manage Dog on BSC.