By default, MetaMask only supports the Ethereum mainnet but you can configure the wallet to add other EVM-compatible networks. Since the Tezos blockchain is currently not EVM-compatible, native XTZ tokens cannot be directly added to MetaMask. With that, we will provide a step-by-step guide on how to add Tezos to MetaMask wallet.
Summary
The Tezos network is currently not supported on MetaMask since it is not EVM-compatible. However, you can add ‘Binance Peg Tezos’ (BEP20 XTZ) to your MetaMask wallet via the Binance Smart Chain. This BEP20 XTZ is backed 1:1 with native XTZ coins. Alternatively, you can use Tezos-compatible wallets like Exodus or Atomic Wallet to store your XTZ tokens.
Tezos Overview
Tezos is an open-source, decentralized blockchain network and smart contract platform that supports energy-efficient and self-upgradable proof-of-stake consensus.
Key Features:
- Proof-of-stake consensus mechanism
- Open-source and permissionless
- Self-amending governance model
- Formally verified smart contracts
- Low energy consumption
- Seamless upgrades without hard forks
Key Metrics
- Total Contract Operations: 125,969,032
- Total Supply: 988,257,243 XTZ
- Liquid Supply: 898,765,242 XTZ (90.94% of Total Supply)
- Circulating Supply: 967,311,810 XTZ (97.88% of Total Supply)
- Active Staking: 690,340,350 XTZ (69.85% of Total Supply)
- Funded Accounts: 2,517,164
- Total Transactions: 207,460,916
Tezos Recent Developments
- Tezos utilizes a liquid proof-of-stake (LPoS) consensus mechanism that allows XTZ token holders to validate transactions and bake blocks in exchange for rewards.
- In 2022, the Tezos blockchain consumed an estimated 0.00017 TWh of energy versus Bitcoin’s estimated 132 TWh and Ethereum’s 98 TWh. This makes it vastly more energy-efficient than older Proof of Work chains.
- Tezos consistently ranks among the most actively developed blockchain projects with frequent code commits from contributors across the globe. This helps it continuously evolve with new innovations.
How to Add Tezos to MetaMask: Step-by-Step Guide
Since the Tezos network is currently not supported on MetaMask, you cannot directly transfer native XTZ coins to your MetaMask wallet. However, here is how to add ‘Binance Peg Tezos’ or BEP20 XTZ to your MetaMask wallet using the Binance Smart Chain:
Step 1: Add Binance Smart Chain to your MetaMask Wallet
If you haven’t done so already, configure your MetaMask wallet to add the Binance Smart Chain network. Here is a guide on how to add BSC to MetaMask.
Step 2: Get the Contract Address for Binance Peg XTZ
Head over to BSCScan and copy the contract address for the Binance Peg Tezos token:
0x16939ef78684453bfDFb47825F8a5F714f12623a
Step 3: Import the Token to Your Wallet
- Open your MetaMask browser extension or mobile app and log in to your wallet
- Make sure Binance Smart Chain is the selected network
- Click on the Assets tab, scroll down and click ‘Import Tokens’
- Select ‘Custom Token’, paste the contract address, and MetaMask will automatically add the token details
- Click Add, and Binance Peg XTZ will be added to your wallet
About Binance Peg Tezos
Binance Peg Tezos (XTZ) is a BEP20 wrapped version of the native Tezos (XTZ) coin. It was launched by the Binance cryptocurrency exchange to bring Tezos access and liquidity to Binance Smart Chain.
Key features:
- BEP20 standard token on Binance Smart Chain
- Each BEP20 XTZ is backed 1:1 with native XTZ
- Allows usage and transfer of Tezos on BSC
- Can be redeemed for native XTZ on Binance exchange
So in summary, while MetaMask does not directly support the Tezos blockchain, you can store pegged ‘Binance XTZ’ on MetaMask via the BSC network.
Tezos Wallets Aletrenatives
Since native Tezos support is not available on MetaMask, here are some good Tezos-compatible wallet options:
Exodus Wallet
Exodus is a popular desktop and mobile multi-currency wallet with built-in support for the Tezos network and staking capabilities.
Atomic Wallet
Atomic Wallet enables easy storage and staking of XTZ via its desktop and mobile apps. It supports over 300 coins and multiple networks.
Trust Wallet
Trust Wallet is a mobile-focused multi-coin wallet by Binance that offers native integration for the Tezos blockchain and staking features.
Conclusion
While MetaMask does not yet directly support Tezos due to its non-EVM blockchain nature, you still have some options to get XTZ tokens on your MetaMask wallet.
The easiest approach is to add Binance Peg Tezos (BEP20 XTZ) to your wallet via the Binance Smart Chain integration. This pegged token is backed 1:1 with native XTZ.
Alternatively, you can use dedicated Tezos wallets like Exodus, Atomic Wallet, or Trust Wallet to store, send, receive, and stake your native XTZ coins conveniently.
So in summary, adding Tezos to MetaMask takes just a few simple steps either using the Binance pegged token or moving to a Tezos-compatible wallet option.
FAQs
Do I need real XTZ tokens to interact with dApps?
Yes, you’ll need a small amount of mainnet XTZ in your MetaMask wallet to cover transaction fees and platform interactions.
Is this method of adding XTZ to MetaMask safe?
Using official RPC settings and token contract addresses is generally secure. As always just be cautious of random tokens or dApps.
Why can’t I send XTZ transactions?
Ensure MetaMask is connected to the custom Tezos mainnet RPC, not a test network. If issues persist, check for error messages about insufficient funds, rejected transactions, etc.
