Introduction
MEW wallet app offers support for Binance Smart Chain and multi-chain interaction with Binance Bridge.
Users now can do the following:
Access their funds and/or BEP20 tokens on the BSC network
Move Ethereum assets (ETH and ERC20 tokens) to BSC network
Move BSC assets (BNB and BEP20 tokens) to Ethereum network
Purchase BNB
Swap funds
Explore and interact with BSC DApps
Please Note: The BSC network is only accessible on Android devices and MEW web at the moment.
Accessing the BSC network
Don't have MEW wallet app? Find more information and download the app here: https://www.mewwallet.com/
Step 1: Open the MEW wallet app to access your wallet
If you need to create a new wallet, make sure to click on “Create a free wallet”
If you need to import your existing wallet, click on “Already have a wallet?” and import using the recovery phrase
Make sure you have backed up your wallet by saving your recovery phrase in a secure location.
Step 2: Click the network name above the header of the main screen
Step 3: Click on ‘Binance Smart Chain’
Step 4: Congrats! You’re have successfully changed networks to BSC
Move Ethereum assets to BSC network
This step is necessary if you currently have ETH or ERC20 tokens that you want to be moved to the BSC network. This will require gas, so please make sure that you have enough ETH to cover it. If not, you may need to buy some ETH to complete the transaction.
Step 1: After accessing your wallet, click on the ‘Swap’ tab at the bottom of the app interface. You should be on the Ethereum network.
Step 2: Click on ‘Binance Bridge”
Step 3: When you reach the Binance Bridge window, go ahead and click ‘New Transfer’.
Step 4: Enter the amount of ETH or ERC20 tokens that you want to move over to the BSC network and click 'Next'.
Step 5: Wait for the transaction fee to populate then click ‘Proceed with Transfer’
Step 6: Choose the transaction speed that you would like in the ‘Choose transaction fee’ window. Keep in mind that faster speeds mean a higher transaction fee.
Step 7: Enter your PIN to confirm the transfer and then click 'View progress' in the 'Token transfer initiated' screen. This is where you can track the progress in real-time.
Step 8: Allow time for your transaction to process. This part could take a few minutes depending on the volume of traffic.
Step 9: Congrats! You’re all done. To confirm the transfer, you can switch your network back to the BSC network to make sure the funds are transferred correctly
Move BSC assets to Ethereum network
This step is necessary if you currently have BNB or BEP20 tokens that you want to be moved to the Ethereum network. This will require gas, so make sure that you have enough BNB to cover the transaction fee. If you don't have any BNB, you can purchase it right in the app via our partner Simplex (see ‘Purchasing BNB’)
Step 1: After accessing your wallet, click the network name above the header of the main screen
Step 2: Click on the ‘Binance Smart Chain’’ network to change your network to BSC
Step 3: After changing your network, click on ‘Swap’ tab at the bottom of the app interface
Step 4: Click on the “Binance bridge” then click 'New Transfer'
Step 5: Click where it says “Select token” and select the tokens that you want to move over to the Ethereum network and then enter the amount that you want to send to the Ethereum network
Step 6: Wait for the transaction fee to populate then click ‘Proceed with Transfer’
Step 7: Enter your PIN to confirm the transfer then click on 'View Progress' to track the transaction in real-time.
Step 8: Allow time for your transaction to process. This part could take a few minutes depending on the volume of traffic
Step 9: Congrats! You’re all done. To confirm the transfer, you can switch your network back to the Ethereum network to make sure the funds are transferred correctly
Purchasing BNB
Our providers at Simplex and Moonpay allow users to safely purchase BNB with a debit/ credit card. This can be done by switching the network to BSC (see the `'Accessing BSC network' section of this article) then clicking ‘Buy BNB’ found inside the ‘Swap’ window.
For a more in-depth explanation of buying BNB using both providers, go ahead and check out the following article:
To buy BNB:
Step 1: Access your wallet then click the network name above the header of the main screen.
Step 2: Click on ‘Binance Smart Chain’ to change your network to BSC
Step 3: Click on the ‘Binance Smart Chain’ network to change your network to the BSC network
Step 4: After changing networks, click on “Swap” located in the bottom menu then click on 'Buy BNB'
Step 5: Select the wallet that you wish to deposit the BNB to if you have more than one wallet added on the MEW wallet app.
Step 6: On the ‘Buy BNB’ screen, select the currency you'll be buying the BNB with then click on the amount that you want to buy. You can also click ‘Custom” to enter an amount manually
Step 7: On the Provider's screen, click on the provider you want to use (Options include MoonPay and Simplex).
Step 8: You'll then be redirected to the provider's website to complete your purchase.
Step 9: Yay you’re all done! Make sure to check back to confirm that the BNB has been successfully deposited into your account
Swapping on the BSC network
Swaps on the BSC network in MEW are provided by 1inch, a decentralized exchange aggregator. 1inch compares prices from different exchanges so that we always provide you with the best deal for your swap.
Step 1: Access your wallet then click the network name above the header of the main screen.
Step 2: Click on ‘Binance Smart Chain’ to change networks then click the ‘Swap’ tab at the bottom of the app interface
Step 3: Click on ‘Swap Tokens’
Step 4: When you get to the Swap window, click on ‘Select token’ to find the token that you want to swap
Step 5: Enter the amount that you would like to swap the tokens for then click ‘Find Best Rates’. This will be where you'll choose the swap provider that you'll like to use for your swap.
Step 6: Select the swap provider that you wish to use then verify the swap when the 'Verify Swap' window pops up. Make sure to allow some time for the fee to populate.
Step 7: Once the fee has populated, go ahead and click ‘Proceed with Swap’
Step 8: Enter your MEW wallet PIN to confirm and initiate the swap. When the swap has been initiated, feel free to click 'View progress' to track the transaction in real-time.
Step 9: Congrats! You are all done! Feel free to double-check on bscscan.com to double-check that the swap has been completed correctly.
*** Please keep in mind that not all tokens will be available for swap on MEW wallet. If you want to see if your token is available, all you need to do is head to the Swap center on our interface, after accessing your wallet. You can explore the different cryptos offered by clicking through the drop-down menus.
If you don't see the crypto you want to swap or the token is unavailable, then it can only be completed at an exchange that supports it, such as Binance.***
Using BSC DApps
Users can now access BSC DApps directly via the MEW wallet app DApp Browser. Some examples include Aave, Unstoppable domains, and C.R.E.A.M.
Step 1: Access your wallet then click the network name above the header of the main screen. Click on 'Binance Smart Chain' to change your network.
Step 2: Click on the ‘Browser’ tab at the bottom of the app interface, furthest to the right.
Step 3: Here you can either click on the DAap that you wish to use if you can see it, or search for it by name or URL. If you have more than one account in MEW wallet, the DApp will ask which account you want to interact with.
Tags:
mewwalletandroid, network, bsc