Explore the BNB Smart Chain Web3 ecosystem with Exodus
Buy and swap BNB on BNB Smart Chain and BEP20 tokens, connect to BNB Smart Chain Web3 apps, and more.
In this article:
- What is the BNB Smart Chain ecosystem?
- How do I connect to BNB Smart Chain dApps and Web3 apps?
- What are some popular Web3 apps on BNB Smart Chain?
- How do I buy BNB?
- How do I swap BNB and BEP20 tokens?
- Which BEP20 tokens does Exodus support?
- How do I display my BNB Smart Chain NFTs?
What is the BNB Smart Chain ecosystem?
The BNB Smart Chain (BSC) ecosystem is everything built on the BSC network. It comprises BEP20 tokens, NFTs, DEXs, DeFi dApps, and every other type of Web3 app you can think of.
It is worth noting that Binance has 2 different chains, BNB Beacon Chain, which is separate, and used for governance, and BNB Smart Chain, which hosts the ecosystem this article focuses on.
Tokens that run on BNB Smart Chain are called BEP20 tokens.
BNB Smart Chain was initially launched as Binance Smart Chain in September 2020 and was later rebranded in 2022 to BNB Smart Chain (BSC).
If you're looking for blockchain and transaction data, the most popular block explorer for BSC is BscScan.
One thing to be aware of while participating in the BSC ecosystem is that you will need BNB on the BSC network to cover the gas fees to fuel your transactions. The specific amount needed to cover your transaction will depend on the type of transaction, and how busy the network is. You can always check current fees on BscScan's BSC Gas Tracker.
From buying BNB to swapping your BEP20 tokens to pet battles, here is an introduction to everything you can do on BSC.
How do I connect to Binance Smart Chain dApps and Web3 apps?
First of all, what are dApps and Web3 apps? They're like any other app, except they're built using blockchain technology like smart contracts. Instead of signing in with a username and password, you connect with a crypto wallet.
All dApps are Web3 apps, but not all Web3 apps are decentralized, so 'Web3 app' is the umbrella term used for any app you connect to with a crypto wallet. If you'd like to learn more, visit: What are dApps and Web3 apps?
You can connect to BSC Web3 apps with the browser-based Exodus Web3 Wallet, or by using WalletConnect in Exodus Mobile.
Exodus Web3 Wallet
You can download Exodus Web3 Wallet to connect to any BSC Web3 app.
Web3 Wallet is a multi-chain browser extension wallet for Chrome and Brave. To learn more about how to use Web3 Wallet, visit: Getting started with Exodus Web3 Wallet.
WalletConnect on Exodus Mobile
You can connect to any BSC Web3 app with WalletConnect in Exodus Mobile.
WalletConnect is an open-source tool that connects mobile wallets to Web3. To learn more, visit: WalletConnect in Exodus.
What are some popular dApps and Web3 apps on BNB Smart Chain?
There are a lot of dApps and Web3 apps to explore, that cover everything from DeFi to staking to NFTs and more. Below, you can find some of the most popular BNB Smart Chain Web3 apps.
You can connect and explore without any funds in your wallet. But if you want to interact with Web3 apps, you'll need some BNB on BSC in your wallet to pay transaction fees, also known as gas.
Don't have any BNB on BSC yet? Jump to: How do I buy BNB?
It's important to note that Exodus provides a software interface that allows you to connect to Web3. Exodus can't guarantee the safety of any third-party platform, including the Web3 apps listed here. Make sure you do your own research, and only connect to Web3 apps you trust 100%.
For more information about how to stay safe while exploring the wide world of Web3, please visit: Safety and security for DeFi and Web3.
The following Web3 apps are third-party platforms that are not affiliated with Exodus. As such, Exodus cannot guarantee the performance of products/services or that the steps shown and the information provided will always be accurate.
PancakeSwap is the most popular Web3 app in the BNB Smart Chain ecosystem. It is a decentralized exchange (DEX) where you can swap your BEP20 tokens, stake your PancakeSwap (CAKE), provide liquidity on many token pairs, and even buy tickets for a lottery!
Venus a finance Web3 app that allows users to lend and borrow cryptocurrencies. Venus eliminates the need for a middleman (such as a bank) and removes the approval process for taking out a loan.
Alpaca Finance is a passive investment automated vault-strategy app. You deposit BEP20 tokens and the app moves them around so that your funds earn the highest available interest rates.
Ankr lets you stake any amount of BNB and earn daily staking rewards. You can also use your staked BNB in other DeFi Web3 apps to compound your income.
Element Market is an NFT marketplace where you can buy and sell BNB Smart Chain NFTs.
As well as being the largest DEX in BNB, PancakeSwap also has a dedicated NFT marketplace.
FarmHero is a multiplayer game that mixes NFT collecting, gaming including lootboxes, with DeFi elements, such as yield farming.
Rocki is a blockchain-based music streaming and sharing platform, where funds go directly to the artist.
How do I buy BNB?
If you need to buy some BNB, you can use the Buy Crypto feature in your Exodus wallet!
Depending on your region, you may be able to purchase through Ramp, MoonPay, or both. You can find our step-by-step guides here:
For general info on how to buy crypto, visit: Where can I buy Bitcoin and other crypto?
On Desktop and Mobile make sure to select the BNB marked with the BSC network badge. This is the BNB that will allow you to participate in the BNB Smart Chain ecosystem.
In Web3 Wallet, only BNB Smart Chain BNB is available for purchase.
How can I swap BNB and BEP20 tokens in Exodus?
You can swap your BNB and BEP20 assets with no sign-up or account creation necessary. Using Exodus Swap, you can securely swap crypto directly from your wallet via both decentralized (DEX) and centralized (CEX) third-party exchange API providers. In most cases, you don't have to KYC, and exchanges are often complete in a few minutes!
Exodus Swap is available on:
To learn more, visit: How do I swap crypto using the in-app exchange?
On Web3 Wallet, you can swap Ethereum and ERC20 tokens via DEX aggregators. For information about swapping crypto on Web3 Wallet, visit: How do I swap crypto in Web3 Wallet?
Which BEP20 tokens does Exodus support?
Tokens that run on BNB Smart Chain are called BEP20 tokens.
Exodus supports a lot of BEP20 tokens! You can search for your token, and enable supported BEP20 tokens by following the steps in this guide: How do I enable and disable assets in Exodus?
If your token isn't supported, jump to: How do I add custom BEP20 tokens?
You can see all supported BEP20 tokens if you filter by the BNB Smart Chain network in the Assets section of your wallet. For a full guide on how to do this, visit: How do I find an asset by its network?
How do I add custom BEP20 tokens?
If Exodus doesn't yet support your favorite BEP20 token, you can always add it as a custom token!
You can find all the steps here: How do I add a custom token?
How do I display my BNB Smart Chain NFTs?
You can display your BNB Smart Chain NFTs in your NFT Gallery in Exodus.
Available in Exodus Web3 Wallet, and Mobile, the NFT Gallery is an easy way to show off your BNB Smart Chain NFTs.
You can find out more here: How do I explore the NFT Gallery?