Crypto Invest

4 Steps To Add ADA To Metamask

Add ADA To Metamask

Last updated on June 8th, 2022

If you own some ADA, you may be looking to send it to your Metamask wallet. However, ADA has its native Cardano blockchain, which can’t be added to your Metamask wallet.

The only way that you can add ADA to your Metamask wallet is by the Binance-Peg ADA token, which is native to the Binance Smart Chain.

Here’s a guide on how you can do so:

Can you hold ADA on Metamask?

You are only able to hold ADA on Metamask via the Binance-Peg ADA token, and not the ADA token that is native to the Cardano blockchain. This is because Metamask does not support the Cardano network, but you are able to add the Binance Smart Chain to Metamask.

How to add Binance-Peg ADA to Metamask

Here are 4 steps to add ADA to Metamask:

  1. Go to Metamask and ensure that you are using the Binance Smart Chain
  2. Select ‘Import Tokens’, and then ‘Import Custom Token’
  3. Copy the Binance Smart Chain contract from CoinMarketCap
  4. Double check that ADA is detected and select ‘Add Custom Token’

Go to Metamask and ensure that you are using the Binance Smart Chain

The first thing you’ll need to do is to ensure that you are using the Binance Smart Chain on Metamask.

Metamask Select Binance Smart Chain

If you have not set up the Binance Smart Chain on your Metamask wallet, you can check out this step-by-step guide here.

Alternatively, you can view this video on how to add any new networks automatically with just one click:

Select ‘Import Tokens’, and then ‘Import Custom Token’

Once you’re on the Binance Smart Chain, the next step will be to select ‘Import Tokens‘.

Metamask Binance Smart Chain Import Token

On the Binance Smart Chain network, you are only able to import custom tokens.

Metamask Avalanche Import Custom Token

This is different from adding tokens to the Ethereum Mainnet, where you can search for and automatically add tokens like MANA or SAND.

Copy the Binance Smart Chain contract from CoinMarketCap

For the next part, you can go to the ADA page on CoinMarketCap.

I prefer using CoinMarketCap to obtain the contract address, as it is one of the most reliable sites with regards to cryptocurrencies.

It is important that you ensure that the site where you’re obtaining the contract address from is a credible source!

There is a section called ‘Contracts‘, where you’ll see the BSC contract for ADA.

CoinMarketCap ADA Contract

You can click on the contract and it will be copied to your clipboard.

Double check that ADA is detected and select ‘Add Custom Token’

Once you’ve copied the Contract Address, you can paste it in the ‘Token Contract Address‘ field in Metamask.

Metamask ADA Autofill

If you pasted the correct contract address, ADA should automatically appear as the Token Symbol.

After selecting ‘Add Custom Token‘, you will need to confirm importing ADA one more time.

Metamask Confirm Add ADA

Once you’ve successfully imported ADA to your Metamask wallet, you should see it as one of your assets under the Binance Smart Chain.

Metamask ADA Added

This will allow you to view any ADA that you’ve deposited via the BSC!

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Add Networks AUTOMATICALLY To Metam...
Add Networks AUTOMATICALLY To Metamask (JUST ONE CLICK)
Conclusion

When you add ADA on Metamask, you are holding ADA that is on the Binance Smart Chain (BEP20). This allows you to send and receive ADA on the Binance Smart Chain, even though Cardano’s native network is different from the Binance Smart Chain.

As such, you will be unable to send the Binance-peg ADA token to stake on platforms such as Yoroi.

This process is similar to how you would add BTCB and XRP to your Metamask wallet too.

If you are looking to send ADA to Trust Wallet, you will need to follow a similar procedure as well!

After adding and receiving your tokens to your Metamask wallet, you can consider using decentralised exchange (DEX) aggregators, including:

Since both platforms are DeFi aggregators, they will ensure that you will get the best rates for any swaps that you make!

If you’re looking to generate tax reports for your crypto trades, you can consider using Koinly, which allows you to track your transactions from 350+ exchanges and 50+ crypto wallets.

👉🏻 Referral Deals

If you are interested in signing up for any of the products mentioned above, you can check them out below!

ZenGo Referral (Get $10 Cashback)

If you are looking for an alternative wallet to Metamask, one of the options you can consider is ZenGo. What’s more, you’d be able to receive $10 cashback, and here’s what you’ll need to do:

  1. Sign up for a ZenGo wallet using this link
  2. Enter the Referral Code ‘ZENX0B4G’ when you are entering your email
  3. Purchase $200 worth of crypto via MoonPay in the ZenGo app

Once this is done, you will receive $10 cashback in BTC.


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