FAQ

How to connect to Metamask

Installing and setting up MetaMask

MetaMask can be downloaded on Chrome and Firefox, or on iOS and Android if you’re a mobile user. For the purposes of this tutorial, we’ll use the Firefox version, but the instructions will be more or less the same for every platform.

Firstly, you’ll want to head over to the MetaMask Download page. From there, select whichever platform you’re using, and follow the steps to install it on your device. Easy!
Next, follow along with the setup specified by the app. Go ahead and click Create a Wallet. Write down the backup seed phrase somewhere secret (preferably not on an Internet-connected device). Without this phrase, your funds can’t be recovered if your device is damaged or lost. Confirm that you’ve written them down on the next page.

And that’s it! You should now see your wallet, ready to send and receive funds.

The freshly-initialized MetaMask wallet.

Configuring the wallet

You might notice straight away that we’re still dealing with an Ethereum wallet. At best, this won’t work with Binance Smart Chain DApps. At worst, you could lose funds by sending them to addresses you can’t actually use.
Let’s change that. We want to access the Settings to point the wallet towards Binance Smart Chain nodes.

Select Settings from the dropdown menu.

On the Settings page, we want to locate the Networks menu.

The Networks menu.

We want to click Add Network in the top-right corner to manually add the Binance Smart Chain one – it doesn’t come packaged with MetaMask. It’s important to note that there are two networks we can use here: the testnet or the mainnet. Below are the parameters to fill in for each.

Mainnet (This is the one you are probably looking for)

Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com

Testnet

Network Name: Smart Chain – Testnet
New RPC URL: https://data-seed-prebsc-1-s1.binance.org:8545/
ChainID: 97
Symbol: BNB
Block Explorer URL: https://testnet.bscscan.com
We’re going to use the testnet in this tutorial, but you will likely want to use the mainnet. We recommend adding both if you intend to use MetaMask to transfer BNB or Binance Smart Chain tokens.
Once you Save the Network and return to the main view, you’ll notice two things: the network has automatically been set to the one you just entered, and the units are no longer denominated in ETH, but in BNB.

We’ve connected to the testnet, but you’ll probably be connecting to the mainnet.

Making transactions (on the testnet)

Don’t let the Ethereum logo fool you – we’ve tuned into the BSC testnet. Next, let’s get some funds to play with. Hover over Account 1, and click to copy your address to the clipboard. We’ll head over to the Binance Smart Chain Faucet and paste it into the form.
Peggy coins might be of interest if you’re testing out an application that supports BEP-20 tokens. They’re simply tokens issued on Binance Smart Chain that are “pegged” to assets on other chains (like BTC, XRP, USDT, etc.), meaning that they trade at the same price.
Let’s stick to BNB for now. Click on the Give me BNB dropdown and select the amount you wish to receive. You might need to wait a couple of minutes, but the funds will show up in your testnet wallet imminently.

Our newly-funded wallet.

From here, we’ll send the funds off somewhere to demonstrate how it works. We’ve just grabbed a random address from BscScan Testnet that we’ll donate them to. Go ahead and click Send.

You can ignore the parts relating to ether. Here, you can manually adjust the fee if required.

We’ve gone with a transaction of 1 BNB. We’ll leave the fees untouched and hit Next. We then get one more chance to review the transaction – if everything looks good, hit Confirm. And that’s it! You’ll get a notification informing you when your transaction settles.

How to connect to WalletConnect

WalletConnect gives you the ability to connect a variety of crypto wallets to Foundation, regardless of the web browser you are using (see the full list of supported wallets here).

In order to use WalletConnect:

  1. Click “Connect” at the top right of the Foundation website and then select WalletConnect.

  2. A QR code will pop up on your computer’s screen.

  3. Go to the mobile app of the wallet you are attempting to connect.

  4. Using the scan feature within your mobile wallet’s app, scan the QR code displayed on your computer screen.

  5. Select “Connect” when you are prompted to do so by your mobile wallet.

  6. After connecting you will need to click “Sign” to finish the connection

  7. Your wallet will then be automatically connected to Foundation on your computer.

  8. Every request that requires signing off on a transaction will need to be completed on your mobile device. Please not that these will not generate a push notification on your mobile device – you will need to go into your mobile wallet’s app and wait for the request to come through.

Once you have connected your wallet of choice to Foundation via WalletConnect, you can bid on NFTs, follow other people, and edit your profile just as you would if you had logged in directly via MetaMask.

Additionally, you will not need to scan the QR code again to connect your wallet unless you clear your browser’s cookies, move to another computer, click “disconnect” from your profile or delete the connection in your wallet. Keep in mind that every time you confirm a transaction, you will need to do it on your mobile device rather than through a browser pop-up (which is how you would do so if you log in directly via MetaMask).

Please note that the wallet address connected to your mobile wallet will be the one used to initiate any transactions once you are connected to Foundation via WalletConnect.

How to convert your local/fiat currency in your Credit/Debit Card to Naija Token

  1. Go to our Fiat exchange page to buy BUSD or BNB with your local/fiat currency. BUSD is almost the equivalent of UD Dollars
  2. Then, exchange/swap your BUSD or BNB for NAIJA token here. Better to exchange it for liquidity than swap – more earnings
  3. For additional token (more earnings), use your NAIJA token to stake on this page.
  4. Once you stake NAIJA, you earn additional NAIJA token while your NAIJA price rises – Double earnings
  5. You are free to stop/harvest your stake at any time.

NAIJA Decentralised Exchange (DEX) Explained

NAIJA token is a BEP-20 Binance Smart Chain token. If your token is on another network like Ethereum ERC20, you will have to convert your token to BUSD or BNB (Binance token) to buy NAIJA token.

You MUST install and connect to either your METAMASK wallet or WALLETCONNECT wallet. If you do not connect to either of this wallets, you will not be able to buy, sell or exchange any coin/token. Your wallet is where your coin/token will be delivered to or taken from.

Watch the video on how to install a metamask wallet. WalletConnect has so many networks and wallets integrated, click here for instructions to connect to WalletConnect  Click here to convert your bank notes to crypto. Remember, whatever you do, you must always ensure you are connected to your wallet.

Don't miss out, Stay updated

Signup for the newsletter