To get started on MemaSwap, the first thing you'll need is to set up a wallet that supports BNB Smart Chain (BSC). Wallets are available both on desktop computers and on smartphone devices. You'll need to choose the wallet that suits your needs best.
You can find more in-depth information about each wallet below, as well as download links and installation guides.
Trust Wallet is a popular wallet for smart devices. It supports DApps, NFT collectibles (with Opensea.io support), and in-wallet staking.
Pros:
Open source for auditability
Backed by the Binance cryptocurrency exchange
Easily switch between several crypto networks
Includes networks by default
Includes in-wallet staking options
Has additional features such as NFT collection, BNB staking, and DApp access within the wallet
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Pros:
Open source for auditability
WEB3 capable on BscScan
A strong history of security and reliability
A large amount of how-to guides and resources online
Many tools and custom settings
Offers ETH purchases with Transak
Supports a very large number of languages
Is also available a browser plugin for desktop devices
Cons:
Longer setup time than other options
Additional steps needed to use with BNB Smart Chain and MemaSwap
Extra information and settings may confuse beginners
Millions of users choose Coinbase Wallet to earn yield with DeFi, swap more than 5,500 assets, and hold their NFT collections. Coinbase wallet supports BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Highlights:
Most downloaded mobile dapp wallet in the United States with 12M+ active Wallet users.
No additional steps needed to use with BNB Smart Chain and MemaSwap.
Premier audience: Up to 89M+ Coinbase retail app users to onboard to Coinbase Wallet as they start to explore web3.
Easy to transfer assets from Coinbase retail app.
Fiat On-ramp: Users can now directly purchase crypto with fiat in all 86 countries where Coinbase operates, without leaving Wallet.
Industry leading security with secure cloud backup.
Coinbase Wallet is a self-custody wallet providing software services subject to Coinbase WalletTerms of Service and Privacy Policy. Coinbase Wallet isdistinctfrom Coinbase.com, and private keys for Coinbase Wallet are stored directly by the user and not by Coinbase. Fees may apply. You do not need a Coinbase.com account to use Coinbase Wallet.
SafePal is available as both a software and hardware wallet. The wallet is easy to install and create, and comes ready to support BEP2 (Binance Chain) and BEP20 (BNB Smart Chain) right away.
Pros:
Easily switch between several crypto networks
Offers 25% fee discount paying with BNB (requires login)
Has the option for Google Authenticator built in
Supports a large number of languages
Setup process is very simple
Is available as both a software and hardware wallet (work together)
Supports NFTs on both the BSC and ETH networks
Cons:
Isn't fully open source
Has some features that are not yet ready for use (such as DeFi)
Does not give user notifications
Does not enforce strong security during initial setup and wallet creation
Has fewer online resources than more established wallets
