USDT is a backed by USD and pegged to an exchange rate of USD 1 per USDT stablecoin.
BEP-20 is a token standard on BNB Smart Chain (BSC) that extends ERC-20, the most common Ethereum token standard. You can think of it as a blueprint for tokens that defines how they can be spent, who can spend them, and other rules for their usage. Due to its similarity to BNB Beacon Chain’s BEP-2 and Ethereum’s ERC-20, it’s compatible with both.
If you want to learn more about Tether (USDT) cryptocurrency, read our big material on it. This article will show you how to create a USDT(BEP-20) wallet on MetaMask.
Step 1. Go to MetaMask and click the «Download for Chrome» button.
Step 2. Click the «Add to Chrome» button and install the extension to your device.
Step 3. Once the extension is installed, it will open in a new window. Click the «Get Started» button.
Step 4. Agree with the terms of usage of MetaMask by clicking «I agree».
Step 5. Click the «Create a Wallet» button.
Step 6. Come up with a strong password and set it. Then press «Create».
Step 7. Watch the video about secret recovery phrase for the safety of your funds and then go next.
Step 8. Save the 12-word recovery phrase in a secure place.
You will need it to quickly regain access to your wallet. It is better to save the phrase in several places: without it, if the password is lost, it will be impossible to restore access to the wallet even through the support service. And never share this data with anyone!
Step 9. Confirm your Secret Recovery Phrase.
Step 10. Congratulations! You created a MetaMask account. Click «All done». But the work doesn't end here.
Step 11. Let's configure MetaMask to connect to the BNB Network. Click the arrow next to «Ethereum Mainnet» in the upper right corner. In the new menu click «Add Network».
Step 12. You need to fill in some details.
🕸 Network Name: Smart Chain
🔗 New RPC URL: https://bsc-dataseed.binance.org/
💬 Chain ID: 56
🪙 Symbol: BNB
📖 Block Explorer URL: https://bscscan.com
Step 13. Click «Got it». You have connected to the Smart Chain.
Step 14. Now we need to add the USDT. Click «Import tokens».
Step 15. Enter the address of the USDT contract and click «Add custom token».
📍 Adress: 0x55d398326f99059ff775485246999027b3197955
Step 16. Choose USDT and click «Import tokens».
Step 17. Copy your wallet address.