How to get BNB, MATIC, FTM, AVAX and other tokens
Last updated
Last updated
The native tokens of Binance Smart Chain (BNB), including BNB, are BEP-20.
When using DeFi platforms on BSC network, you will need BNB to pay the gas fees. Such a fee occurs each time you perform an exchange on a DEX, deposit your crypto into staking or lending pools, etc.
Our platform supports staking of all top crypto on BNB network - BTC, ETH, BNB, XRP, DOGE, DOT and many others. At Minimax you'll need BEP-20 versions of these tokens to create a position in a vault and BNB to pay for the gas fees associated with opening and managing the positions.
You can buy BNB and other tokens at a centralized exchange (e.g. Binance, Kucoin, etc) and then transfer the tokens to your smartphone or desktop wallet. Make sure to use BEP-20 type of transfer otherwise your funds may get lost. Please refer to the exchange tutorials on how to make BEP-20 transfers (don't worry, the process is quite easy).
Once you complete the transfer, the tokens will become available in your wallet.
If you are using MetaMask, you may need to import tokens to the wallet to make them visible. Please find below an example with CAKE token. To import a token please open the wallet and scroll down till you see the 'Import tokens' link:
For CAKE token please enter the following in the Token Contract Address field:
0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82
After that the other fields will auto fill. Click the 'Add Custom Token' button and now CAKE should be visible in your MetaMask. You can add other tokens to your wallet in the same way. You can find the Token Contract Address for most tokens on coinmarketcap or by googling. Please make sure to use the Token Contract Address for Binance Smart Chain (tokens have separate Token Contract Addresses for each blockchain).
If you need to transfer BNB and other tokens to Binance Smart Chain from other blockchains, please use a bridge, for example this one:
https://www.bnbchain.world/en/bridge
Similarly to BNB, you can buy MATIC, FTM, AVAX, ETH and other tokens for Polygon, Fantom, Avalanche and Arbitrum networks and transfer the tokens to your wallet which supports Polygon, Fantom, Avalanche and Arbitrum networks.
There are a number of bridges for transferring crypto between networks. We use https://app.multichain.org/, however please be aware that this is just a mention and not a recommendation. Please do your own research before using a bridge.
If you will have difficulty with getting the tokens or transferring them to your crypto wallet, please get in touch with us in our telegram chat at https://t.me/MinimaxFinanceChat and will do our best to help you as soon as we can.