It’s important to get set up using the binance smart chain network so you can use BNB instead of only ETH. Gas prices are high right now with ETH. But gas fees cost close to nothing when using BNB. (click “Show More” to continue…)
Many opportunities are coming out that use the BNB network. This video is step 1 in a series we created to walk you through being able to use BNB on metamask (on the binance smart chain network). See below for additional videos and information Robyn refers to in this video…
Note these videos were originally created for those who want to stake with Peak Defi. However, it’s the same process to get switched over to using the BNB network so these videos will be helpful to you regardless of what you’re trying to accomplish. If interested in the Peak Defi staking opportunity, learn more here: https://thirdrocket.com/peak-mk/
There are several steps one must take to get BNB onto their metamask wallet and to start using BNB at will. Here they are:
1. First, create a Binance Smart Chain Network on your Metamask Extension
2. Second, you get BNB from an exchange, like Binance.com or Binance.us or crypto.com
(*You can also go to Pancake Swap and exchange ETH or BTC for BNB)
3. Third, you send BNB to your metamask on the binance smart chain network
*If you are sending from Binance.us (in the US) you’ll use Binance Chain Wallet Extension
4. Fourth, convert the BNB that’s “now” in Metamask Smart Chain into Peak Token on Pancake Swap
5. Fifth, if you’re joining Peak Defi or another opportunity, you go to the affiliate link you received from your enroller and stake your Peak.
We have videos to walk you through each step. The video for Step 2 is way below. For now, let’s focus on Step 1:
Step 1 information you’ll need…
Setting Up Metamask “Binance Smart Chain Network”
Do This if you have never used BNB before in Metamask
You’ll need to Add Binance Smart Chain To Metamask (Click Custom RPC)
Open “Metamask” open from extension in Chrome
Go to Settings
NAME: (BNB Smart Chain Network)
RPC URL: https://bsc-dataseed.binance.org/
CHAIN ID: 56
BLOCK EXPLORER URL: https://bscscan.com
You’ll select “BNB Smart Chain Network” from the top of your Metamask extension out of “Ethereum Mainnet” and it will appear like you lost your ETH, but when you switch back to Ethereum Main Net, it shows back up. You may need to refresh your browser again between switching back/forth from networks.
You’ll want to add a “new Account” that you’ll use within the BNB Smart Chain Network on Metamask to store your BNB and other BSC based Tokens in. This way, you’ll transfer BNB into this new wallet address with ease.
(Note: Be sure to switch to the right network before sending ANY coin or Token from this point forward.)
Your next step is to get BNB so you can send it to metamask and start being able to use it to engage with opportunities that require BNB. We will be loading the Step 2 video shortly.
Learning How to Trade – Simple Guide to Successful Trading
Trading can be a profitable venture, but of course it is important to keep in mind that this venture is not for everyone. Indeed, there are lots of risks and uncertainties involved in trading but if you are someone who is comfortable with all these risks, learning how to trade and making profits in trading can be a good venture.Stock Market Trading Tips to Help You Towards Profitable Trading
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Those who want to learn how to trade stocks or have actually dabbled in stock trading for quite some time now will know that day trading, compared with the more traditional trading strategy, can result in more generous profits per transaction. Profits can also be earned quickly and easily without having to wait for weeks and months, checking on the stock trends and market movements. The fast turnover is due to the fact that in day trading, positions are held over a single day and are closed once the day’s trading has ended.Technical Indicators – An Indication of Financial Success
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Forex Mentor: Finding the right Forex Mentor can be a challenging task, and can cost a fortune to find the right Forex Trading Course that suits you. Problem these days, the type of Forex Training Classes available will not provide you with the type of Forex Trading Education you need to be able to grasp the concept easily enough to start trading live.Make Money With Trading – Learning the Basics
Many people these days are looking for ways to make extra money and in fact, if they find it more lucrative and they love doing it, they may even make it their full time business. One of the profitable ventures that many people are exploring is trading.Forex Trading Basics
In our today’s global market it has become increasingly important to get adequate investment knowledge as this can adequately reduce risk exposure if well guided. The Forex market has remained one of the world’s biggest financial markets with its daily volume well over US$3 trillion. It is expected that every would be investors get themselves acquainted with the Forex trading basics.Common Trading Mistakes You Should Avoid
In trading, as in life in general, we all know that experience is the best teacher. However, failures in stock market trading bear more weight since you stand to lose thousands of dollars (or more) with each mistake that you make. So as to help you recognize red flags and prevent you from losing money further, here is a list of some common mistakes you might want to avoid.The Triple Threat Trader
While they may not know it, all successful traders are what we would now commonly call “triple threat traders”. Analysing the methods and plans of these traders can help the new trader develop into a success. The triple threat trader is one who successfully combines technical analysis, fundamental analysis and risk management systems.Risk and Money Management Basics
Risk management is the theory of managing your trading risk to ensure that the trader is able to continue to trade through the inevitable bad times. There is nothing worse than having four consecutive losing trades, and then being on the right side of the market and have no trading capital left in your trading account to take advantage of it.