Crypto

4 Steps To Add DERC To Your Metamask Wallet

Add DERC To Metamask

DeRace (DERC) is a play-to-earn NFT horse racing metaverse where you can participate in horse races, breed NFT horses with unique characteristics, and make a profit while doing so.

If you’re looking to transfer DeRace (DERC) tokens to your Metamask wallet, you will need to import DERC as a custom token.

Here’s what you need to know.

How to add DERC to Metamask on the Ethereum Network

Here are 4 steps to add DERC to Metamask on the Ethereum Network:

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

And here is each step explained:

Go to Metamask and ensure that you are using the Ethereum Mainnet

The first thing you’ll need to do is to ensure that you are using the Ethereum Mainnet on Metamask.

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This is the default network for all Metamask wallets. 

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

Once you’re on the Ethereum Mainnet, the next step will be to select ‘Import Tokens‘.

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If you try to search for DERC using the Search function, you aren’t able to import it using this method.

Metamask Search For DERC

Instead, you will need to go to the ‘Custom Token‘ section.

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Copy the Ethereum contract from CoinMarketCap

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

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

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

Double-check that DERC 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.

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

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

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Once you’ve successfully imported DERC to your Metamask wallet, you should see it as one of your assets under the Ethereum Mainnet.

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This will allow you to view any DERC that you’ve deposited via the ERC20 network!

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Conclusion

DERC can be added to your Metamask wallet via the Ethereum Network.

You may want to note that DERC can also be added to your Metamask either via BNB Smart Chain or Polygon Network.

By following the same steps for the Ethereum network, you will be able to add DERC to either of these networks.

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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