How to add the Binance Smart Chain (BSC) to Coinbase Wallet?

Understanding Binance Smart Chain and Coinbase Wallet Compatibility

1. Binance Smart Chain (BSC) is a blockchain platform that enables developers to build decentralized applications and launch smart contracts. It operates parallel to the Binance Chain, offering faster transaction speeds and lower fees. Despite its popularity, Coinbase Wallet does not automatically support BSC, requiring users to manually configure the network settings.

2. Coinbase Wallet primarily focuses on Ethereum and other EVM-compatible chains. However, BSC is also EVM-compatible, which allows it to be added manually. Users must ensure they are using the official Coinbase Wallet app and not confusing it with the Coinbase exchange platform.

3. Before proceeding, verify that your wallet version supports custom network configurations. Older versions may lack this functionality, leading to failed attempts at integration. Updating the app ensures access to the latest security patches and network options.

4. It is critical to obtain the correct network parameters for BSC. Incorrect entries can result in lost funds or failed transactions. Always cross-check the details from Binance’s official documentation or trusted blockchain resources.

5. The process does not require any technical expertise but demands careful attention to detail. A single typo in the RPC URL or chain ID can prevent the network from functioning correctly within the wallet interface.

Step-by-Step Guide to Adding BSC

1. Open the Coinbase Wallet app and navigate to the settings menu. Look for an option labeled “Networks” or “Connected Sites and Networks,” depending on the app version.

2. Select “Add Network” or a similar prompt that allows custom blockchain configurations. This feature enables users to input details for non-default chains like BSC.

3. Enter the following parameters exactly as specified: Network Name – Binance Smart Chain; RPC URL – https://bsc-dataseed.binance.org/; Chain ID – 56; Symbol – BNB; Block Explorer URL – https://bscscan.com.

4. After filling in all fields, tap “Save” or “Add.” The wallet will validate the connection. If successful, BSC will appear in the list of available networks.

5. Switch to the BSC network within the app to begin interacting with BSC-based tokens and dApps. Ensure your wallet contains BNB for gas fees when executing transactions on this network.

Security Considerations When Configuring Custom Networks

1. Only use official sources to obtain network details. Scammers often create fake websites listing incorrect RPC endpoints designed to steal user data or funds.

2. Never share your recovery phrase with anyone, even if prompted by a third-party site or app claiming to assist with network setup. Legitimate services will never ask for this information.

3. Double-check the spelling of URLs and chain IDs. Phishing attacks frequently rely on domains that mimic legitimate ones, such as “bsc-dataseed1[.]binance[.]org” instead of the correct address.

4. After adding the network, test with a small transaction before moving significant assets. This minimizes risk in case of misconfiguration or fraudulent endpoints.

5. Enable two-factor authentication (2FA) within the Coinbase Wallet app to add an extra layer of protection against unauthorized access.

Frequently Asked Questions

Can I use BEP-20 tokens in Coinbase Wallet after adding BSC?

Yes, once BSC is successfully added, the wallet can receive, store, and send BEP-20 tokens. Users must ensure they are sending tokens to the correct network address and have sufficient BNB for transaction fees.

Why can’t I see my BSC balance after adding the network?

This usually occurs if the tokens were not manually added to the wallet’s token list. Navigate to the “Assets” section and use the “Add Token” feature, entering the correct BEP-20 contract address for the token in question.

Is it safe to interact with BSC dApps through Coinbase Wallet?

Yes, provided the dApp is legitimate and accessed through its official website. Always verify URLs and avoid clicking on links from untrusted sources. The wallet itself does not expose private keys during interactions.

What should I do if the network fails to connect?

Check your internet connection and re-enter the RPC URL carefully. If the issue persists, try an alternative RPC endpoint such as https://bsc-dataseed1.defibit.io/. Ensure the Chain ID remains 56 and the network name is correctly labeled.