This guide will walk you through depositing funds into your MetaMask wallet by transferring crypto from an exchange. We’ll use Binance as the example exchange, but the process remains similar for other platforms.
MetaMask Wallet Deposit Tutorial
Step 1: Prepare Your MetaMask Wallet
- Ensure your MetaMask wallet is connected to the BNB Smart Chain (BEP20).
- Click the wallet address field (highlighted in red) to copy it automatically.
Step 2: Access Binance Spot Wallet
- Log in to your Binance account.
- Navigate to Spot Wallet and locate your BNB balance.
Step 3: Initiate Withdrawal
- Click Withdraw (since we’re moving funds from Binance to MetaMask).
Step 4: Select Crypto Network
- Choose Send via Crypto Network.
Step 5: Paste Wallet Address
- Paste the copied MetaMask wallet address into the recipient field.
Step 6: Choose Network Type
- Select BEP20 as the network.
Step 7: Confirm Details
- Double-check the wallet address and network.
- Click Confirm to proceed.
Step 8: Processing
- Wait for the transaction to process (usually takes a few minutes).
Step 9: Verify Deposit
- Once completed, check your MetaMask wallet to confirm the BNB arrival.
FAQs
Q1: How do I send Ethereum (ETH) instead of BNB?
Follow the same steps but:
- Select ETH as the currency.
- Choose ERC20 as the network.
Q2: Are the fees high?
Fees depend on the network:
- BEP20 (BNB Chain): Low fees.
- Polygon (MATIC): Very low fees.
- ERC20 (Ethereum): Higher fees due to network congestion.
👉 Learn more about network fees
Q3: What if I enter the wrong address?
- Transactions are irreversible. Always verify addresses before confirming.
Q4: Can I use other networks like Solana?
- MetaMask primarily supports EVM-compatible chains (e.g., BSC, Ethereum, Polygon). For Solana, use a compatible wallet like Phantom.
Key Takeaways
- Always copy-paste wallet addresses to avoid errors.
- BEP20 is cost-effective for BNB transfers.
- Double-check the network type (e.g., BEP20 vs. ERC20).
For further reading:
Disclaimer: This guide is for educational purposes only. Always conduct your own research before transacting.