Moonriver (MOVR) is a platform on the Polkadot network, where it allows you to test applications on this network before shipping them to the Moonbeam network.
If you are looking to add the Moonriver network to your Metamask wallet, and send MOVR tokens to your wallet, here’s what you need to know:
Contents
How to add the Moonriver network to your Metamask wallet
To add the Moonriver network to your Metamask wallet, you will need to access the official documentation for Moonbeam, and then select the ‘Connect to Moonriver‘ button. This will bring up your Metamask wallet, and ask you to give permission to add this network to your wallet.
On the documentation for Moonbeam, there is a section that allows you to add Moonriver to your Metamask wallet.
If you have Metamask installed in your browser, you will be prompted to add it to your wallet.
Once you have approved this addition, you will be able to view the Moonriver network with MOVR as the native token.
If you wish to manually add the Moonriver network to your Metamask wallet, you can scroll all the way down in the documentation to view the settings you’ll need to enter.
How to send Moonriver (MOVR) to your Metamask wallet
Here are 4 steps to send MOVR to Metamask:
- Select a platform that enables MOVR withdrawals via the Moonriver network
- Obtain the MOVR deposit address from your Metamask wallet
- Withdraw from the platform of your choice using the Moonriver network
- Receive MOVR in your Metamask wallet
And here is each step explained in-depth:
Select a platform that enables MOVR withdrawals via the Moonriver network
You will need to buy MOVR on an exchange that supports withdrawals on the Moonriver network.
Here are 4 platforms for your consideration:
Among the 4 platforms, Kraken has the lowest withdrawal fee for MOVR withdrawals.
Obtain the MOVR deposit address from your Metamask wallet
After adding the Moonriver network to your Metamask wallet, you will need to copy the deposit address from your Metamask wallet.
You may notice that this address is exactly the same as your Ethereum Mainnet and BNB Smart Chain addresses. However, you will still need to add the Moonriver network to your Metamask wallet so that you view the MOVR tokens that you’ve sent over.
Withdraw from the platform of your choice using the Moonriver network
The next step will be to withdraw MOVR using the Moonriver network.
For most platforms, you are currently only able to withdraw MOVR using the Moonriver network, so there should not be any problems.
Receive MOVR in your Metamask Wallet
For the last step, you will receive MOVR in your Metamask wallet.
The speed of the transaction depends on how congested the Moonriver network is.
How do I transfer Moonriver (MOVR) from Binance to Metamask?
To transfer MOVR from Binance to Metamask, you will need to obtain the Moonriver deposit address from Metamask and use this network to transfer MOVR.
Once you have copied this address from Metamask, you will need to go to Wallet‘, and then ‘Fiat/Spot‘ on Binance’s platform.
Once you’re there, you can search for MOVR, and then select ‘Withdraw‘.
Enter the transaction details and withdraw MOVR using the Moonriver network
The next step will be to enter the transaction details.
After pasting the MOVR deposit address from Metamask, Binance will auto-detect to show that you can withdraw using the Moonriver network.
After selecting the Moonriver network, you will need to enter the amount of MOVR that you’ll like to send to your Metamask wallet.
Conclusion
Moonriver is a new network that can be added to your Metamask wallet, so you’ll need to find the details from the official documentation.
Currently, you are only able to send MOVR using the Moonriver network, and you can use platforms like Binance or Kraken to make the transfer.
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.
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