5/29/2023 0 Comments Electrum litecoin walletThe correct contract address for the Binance-Pegged Litecoin token is “ 0x4338665cbb7b2485a8855a139b75d5e34ab0db94” so go ahead and copy that to your device clipboard.Īlternatively, you can visit the Binance-Pegged Litecoin contract page on BSCScan or the official Litecoin page on CoinMarketCap and copy the contract address directly from there to ensure you’re getting the correct address. To add the Binance-Pegged LTC token to your Metamask wallet, you need the correct contract address for the token. Step 1: Copy the contract address for the Binance-Pegged Litecoin Token. You can also convert the Binance-Pegged LTC to the native LTC and vice versa using the inbuilt bridge on the Binance exchange.īelow is how you can add Binance-Pegged LTC to your Metamask wallet easily. While this is not the native LTC that is used on the Litecoin network, it is the Binance-Pegged version of the token which holds the same value as native LTC.īinance-Pegged tokens are 100% backed by the native coin in reserve and the reserve addresses are published for anyone to audit.ġ Binance-Pegged LTC holds the same value as 1 LTC just that both cryptocurrencies are deployed on different blockchains. The first alternative method you can use to get Litecoin on your Metamask wallet is by adding the Binance-Pegged version of LTC to your wallet using the Binance Smart Chain. Method 1: Add Litecoin To Metamask via the Binance Smart Chain. The Binance-Pegged Litecoin token is simply a representation of the native Litecoin on the Binance Smart Chain.Īnother method we recommend is downloading an alternative wallet that supports the Litecoin network and its native currency – LTC by default without the need to use a wrapped version of the token on other blockchains.īelow we take a deep look at the alternative methods of adding Litecoin to Metamask. One popular (and recommended) method to add Litecoin (LTC) to your Metamask wallet is by adding the Binance-Pegged version of the coin to your wallet.īinance-Pegged tokens are pegged to their respective native tokens/coins on a 1:1 ratio. That said, there are some alternative methods to get LTC on Metamask and we will be discussing these methods below. Since Metamask does not support the Litecoin blockchain, you are unable to transfer native LTC to your Metamask wallet. How To Add Litecoin (LTC) To Metamask (Alternative Methods) The Litecoin main chain is currently not compatible with the Ethereum Virtual Machine and it cannot be added to Metamask. Metamask only supports the Ethereum blockchain by default but it allows users to add other blockchains compatible with the Ethereum Virtual Machine to their wallets using the RPC details of the blockchain. You currently cannot add the Litecoin blockchain and its native currency – LTC – to Metamask because it is not an EVM-compatible network. Wrapping Up Can The Litecoin Network Be Added To Metamask?
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