Create a Wallet

Getting started. First thing, first. Set up your wallet. Your wallet will need to be support BNB Smart Chain (BSC). Wallets are available on smartphones/mobile and desktop computers. Choose the wallet that best suits your needs.

Be sure to:

• ✅ Download and install only the latest version from an official source.

• ✅ Follow the setup guide carefully.

• ✅ Safely back up your recovery phrases.

• ❌ NEVER share your recovery phrases with anyone, under any circumstances.

• ❌ NEVER input your recovery phrase to a website or app, other than your wallet app.

Smartphone/Mobile or Desktop wallet?

Each device has pros and cons. Consider which suits your needs to help you decide which wallet will work best for you.

	Mobile	Desktop
Use anywhere	✅	➖
Easy to use	✅	➖
More secure	➖	✅
Accessibility friendly	➖	✅
Damage/loss/theft resistant	➖	✅
Power/connection outage resistant	✅	➖

Smartphone/Mobile wallets

Available on both Android and iOS devices, your Smartphone/Mobile wallets will allow you to access your crypto almost anywhere.

Which mobile wallet should I choose?

Use the comparison table to get an overview of the most popular mobile wallets used with DefiSwap.

	MetaMask	Trust Wallet	Coinbase Wallet	Token Pocket
BNB Smart Chain support	Yes	Yes	Yes	Yes
Built-in DApp browser	No	Yes	Yes	Yes
Hardware wallet compatible	Yes	No	Yes	No
Open source (auditability)	Yes	Yes	Yes	Yes
Interact with BscScan	Yes	No	No	No

Desktop/Web Browser wallets

Desktop wallets are available on your home computer or laptop computer. Wallets on your computer can run as standalone applications, or as web browser plugins for popular browsers like Chrome and Firefox.

Which desktop wallet should I choose?

This comparison table gives an overview of the most popular desktop wallets used with DeFi Swap

	MetaMask	Binance Wallet	Coinbase Wallet	Token Pocket
BNB Smart Chain support	Yes	Yes	Yes	Yes
Built-in DApp browser	No	No	No	Yes
Hardware wallet compatible	Yes	Yes	Yes	No
Open source (auditability)	Yes	Yes	Yes	Yes
Interact with BscScan	Yes	No	No	No

Below you will find in-depth information about each wallet as well as download links and installation guides.

Trust Wallet

Trust Wallet is a popular wallet for smart devices. It supports DApps, NFT collectibles (with Opensea.io support), and in-wallet staking.

​Pros:

• Has additional features such as NFT collection, BNB staking, and DApp access within the wallet

• Open source for auditability

• Includes networks by default

• Includes in-wallet staking options

• Backed by the Binance cryptocurrency exchange

• Easily switch between several crypto networks

Cons:

• Language tied to phone settings

• Transaction notifications can be delayed

• Limited DApps

Download Trust Wallet (Automatically detects device) Trust Wallet Setup Guide

MetaMask

MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).

​Pros:

• Open source for auditability

• WEB3 capable on BscScan

• A strong history of security and reliability

• Many tools and custom settings

• Offers ETH purchases with Transak

• Supports a very large number of languages

• A large amount of how-to guides and resources online

• Is also available a browser plugin for desktop devices

Cons:

• Additional steps needed to use with BNB Smart Chain and DefiSwap

• Longer setup time than other options

• Extra information and settings may confuse beginners

Download MetaMask (Automatically detects device) MetaMask Setup Guide