Your Ultimate Guide to Buying Royal Shiba on MetaMask
Are you ready to join the ranks of cryptocurrency enthusiasts who are diving into the exciting world of meme tokens? If so, you might be eyeing Royal Shiba, a new entrant on the Binance Smart Chain (BSC) that’s capturing the attention of investors. Buying tokens on decentralized platforms can seem intimidating at first, but with our comprehensive guide, you’ll be able to purchase Royal Shiba with confidence using your MetaMask wallet.
MetaMask is a popular Ethereum wallet that also supports BSC tokens due to the chain’s compatibility with Ethereum’s smart contracts. Our recent YouTube video, “How To Buy Royal Shiba on MetaMask Wallet Guide!” offers a step-by-step visual tutorial that can help you through the process, but if you prefer reading, this blog post will cover all the details.
Step 1: Install MetaMask
Before you can buy Royal Shiba, you need to have MetaMask installed. MetaMask is available as a browser extension for Chrome, Firefox, Opera, and Brave, or as a mobile app for iOS and Android.
- Go to the official MetaMask website.
- Choose the appropriate version for your browser or mobile device and follow the installation instructions.
- Create a new wallet or import an existing one using your seed phrase.
- Set a strong password to secure your wallet.
Step 2: Configure MetaMask for Binance Smart Chain
By default, MetaMask is configured for the Ethereum network. Since Royal Shiba is on the BSC, you need to adjust your settings:
- Open MetaMask and click on the network selection dropdown at the top.
- Select “Custom RPC” to add a new network.
- Enter the BSC network details as follows:
- Network Name: Binance Smart Chain
- New RPC URL: [a BSC RPC URL provided by Binance]
- ChainID: 56
- Symbol: BNB
- Block Explorer URL: [BSC block explorer URL]
- Save the configuration and select Binance Smart Chain as your network.
Step 3: Adding BNB to Your Wallet
To buy Royal Shiba, you’ll need BNB (Binance Coin), which is the native currency of the BSC network. You can buy BNB on most exchanges:
- Purchase BNB on a trusted exchange like Binance.
- Withdraw the BNB to your MetaMask wallet address (make sure you’re on the BSC network).
- Wait for the transaction to be confirmed.
Step 4: Adding Royal Shiba to MetaMask
Before you can see your Royal Shiba balance in MetaMask, you must add the token manually:
- Click ‘Add Token’ in MetaMask.
- Choose ‘Custom Token’ and enter the Royal Shiba contract address (0x8E84d99561b76cBc46b21d40e8dd062976f28CDA).
- The token symbol and decimals should auto-fill. If not, enter them as provided by the token’s official documentation.
- Click ‘Next’ and then ‘Add Tokens’.
Step 5: Buying Royal Shiba
With BNB in your wallet, you’re ready to buy Royal Shiba:
- Go to PancakeSwap.
- Connect your MetaMask wallet to the DEX.
- Select BNB as the token you want to swap from, and paste the Royal Shiba token’s contract address to select it as the token you want to swap to.
- Enter the amount of BNB you want to swap for Royal Shiba.
- Confirm the transaction within MetaMask, taking into account the gas fee.
Step 6: Confirming Your Royal Shiba Purchase
After the transaction is sent, wait for it to be confirmed on the BSC network:
- Check your MetaMask wallet to see your Royal Shiba balance.
- You can also verify the transaction on the BSC block explorer by looking up your wallet address.
Buying Royal Shiba might sound complex, but it’s relatively straightforward once you get the hang of it. Our YouTube video “How To Buy Royal Shiba on MetaMask Wallet Guide!” goes through each of these steps in detail, providing you with visual cues that make the process even easier to follow.