The Binance Chain Wallet is a browser extension wallet enabling seamless interaction with Binance Chain, Binance Smart Chain (BSC), and the Ethereum network. As Binance’s official cryptocurrency wallet, it facilitates secure fund transfers across supported networks and offers features like staking BNB and Wallet Direct for easy Binance account integration.
This guide covers installation, setup, and key functionalities for Google Chrome users.
Step-by-Step Installation (Google Chrome)
- Visit the official Binance Chain Wallet page.
- Click Add to Chrome and pin the extension to your browser.
Click the wallet icon and choose:
- Create new account (new users)
- Use existing account (existing users).
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Creating a New Wallet
- Select Create Wallet and opt for Continue with tKey via Google to link your Gmail account.
- Set a wallet password and securely store the 12-word backup phrase.
- Access the wallet dashboard after setup.
Supported Networks
The wallet supports:
- Binance Chain
- Binance Smart Chain (BSC)
- Ethereum
Switch networks via the dropdown menu.
Core Wallet Features
1. Receiving Funds
- Click Receive to view your wallet address/QR code.
- Ensure the sender selects the correct network (BSC, Binance Chain, or Ethereum).
2. Sending Funds
- Navigate to Send, select the token, enter the recipient’s address and amount, then confirm.
3. Adding Custom Tokens
- Use Add Token to include unsupported tokens in your wallet.
Advanced Features
Staking BNB
- Click Staking to delegate BNB to validators.
- Choose a validator, enter the delegation amount, and confirm. Track stakes under My Staking.
Wallet Direct
- Link your Binance exchange account for instant fund transfers.
Security & Account Management
- Export Private Key: Backup keys securely.
- Manage Connected Sites: Revoke access to dApps.
- Rename Account: Customize your wallet name.
FAQs
Q: Is Binance Chain Wallet safe?
A: Yes, but always store your backup phrase offline and enable all security features.
Q: Can I use Wallet Direct without a Binance account?
A: No, Wallet Direct requires a linked Binance exchange account.
Q: How do I recover my wallet?
A: Use your 12-word backup phrase during reinstallation.
Q: What fees apply for staking?
A: Validators may charge commission; check rates before delegating.
Final Tips
- Double-check network settings during transactions to avoid errors.
- Regularly update the wallet extension for security patches.
👉 Ready to start staking? Learn more here
This guide equips you to maximize the Binance Chain Wallet’s potential securely. Stay tuned for part two, covering exchange integration and advanced DeFi features!