So, you have heard about this new shiny DRIP token and its sweet returns, but you’re wondering how to add DRIP to Metamask. First things first, let’s clear things out.
For those who don’t know … Drip Network (DRIP) is a scarce, deflationary, censorship resistance BEP-20 token that was launched by two anonymous accounts called “Forex_Shark” and “BB.”
Drip offers eager investors 1% daily returns on their investment for up to 365% of their principal. These rewards come from a 10% tax on all transactions (You can AVOID the 10% deposit tax by following this guide).
How to Add DRIP to Metamask?
Before we get into the specifics, here is our quick 5-Step process to add drip token to Metamask:
Step 1: Launch Metamask App and Unlock it
Step 2: Select BNB Chain
Step 3: Scroll Down and click on import tokens
Step 4: Import Drip Token Contract Address
Step 5: Add Drip Network to Metamask
Note: Investors should proceed with caution when investing in projects with great promises launched by anonymous accounts. Always DYOR and WGMI!
Sinple isn’t it?
If you want a DETAILED, step-by-step guide here’s what we’ll cover:
1. How to Add DRIP Network to Metamask
Drip Network (DRIP) is a BEP-20 token built on the Binance Smart Chain (BNB Chain). Since the Binance Smart Chain is an EVM-compatible network, Drip can be easily added to Metamask.
DRIP is the native token of the Drip Network used to pay you “dividends”, tax fees and hydrate (compound) your initial investment.
Investors can buy DRIP via the DRIP official website (SWAP) and waive the 10% deposit tax, or get it from Pancakeswap and pay the tax.
Before You Start:
- Ensure you have a computer or mobile device with an internet connection
- Ensure you have a web3 crypto wallet like Metamask installed on your browser or mobile device (iOS and Android).
NOTE: If you haven’t installed Metamask on your browser or mobile devices please head to the Metamask official website, download the application and create a wallet. Always keep your recovery phrase in a safe place.
Without further ado, Launch your Metamask wallet extension (or Metamask mobile app if you are on your phone) and unlock it by entering your password.
QUICK FACT: The Binance Smart Chain Network (BNB Chain) is a popular blockchain network established by the renowned Chinese platform Binance. Binance designed its own chain with MetaFi (DeFi + Metaverse) in mind.
If you wish to add DRIP to Metamask binance smart chain. Follow these steps:
STEP 1: Select the Binance Smart Chain (BNB Chain)
Once you have launched your Metamask extension and unlocked it by entering your password, ensure you are on the BNB Chain network.
If you don’t have the BNB Smart Chain under your list of networks, go to add networks and select the BNB Smart Chain (previously Binance Smart Chain Mainnet).
STEP 2: Click on Import Tokens (Under don’t see your token)
When you’ve selected BNB Smart Chain as your default network, scroll down till you see don’t see your token? And then click on “Import tokens.”
STEP 3: Copy & Paste the DRIP BEP20 Contract Address
The next step is to get the DRIP BNB Chain token contract address. You can find that address on coinmarketcap. Or, if you prefer, copy the address below:
Drip BNB Smart Chain (BEP20) Token Contract Address: [0x20f663cea80face82acdfa3aae6862d246ce0333]
STEP 4: Add Drip Network (DRIP) to Metamask
When you paste the token contract address, the DRIP information will populate automatically.
Click on add custom token and import tokens, then double-check that DRIP is in your wallet.
3. Conclusion
Drip Network is an interesting DeFi project that promises investors daily 1% sweet returns. For instance, if you deposit $1500 into the Drip Network, you will pay a 10% deposit tax ($150) and receive 1% on the remaining $1350, up to a maximum of 365% or $4927.5 (365%*$1350).
We have seen how to add Drip to your Metamask wallet, you must first add the BNB Chain (if you haven’t already) and then import the Drip token contract address from a reputable site such as coinmarketcap .
Let’s recap our 5-step process:
- Step 1: Launch Metamask App and Unlock it
- Step 2: Select BNB Chain
- Step 3: Scroll down and click on import tokens
- Step 4: Import DRIP Token Contract Address
- Step 5: Add Drip Network to Metamask
We hope you enjoyed this guide! Check our FAQs if you would like to know more!
4. FAQs
What is the contract address for drip token in Metamask?
The Drip token contract address is [0x20f663cea80face82acdfa3aae6862d246ce0333]. You can get it from reputable sites like coinmarketcap, coingecko or BscScan.
How do I transfer from BNB to drip network?
If you live in the USA, we recommend using a non-custodial exchange like Changelly or ChangeNow to transfer your BNB (BEP-20 not BEP2) to Metamask. Otherwise, you can use Binance to purchase BNB and withdraw it to your Metamask wallet using the Binance Smart Chain (BNB Chain).
Once you have purchased BNB, then head to the official Drip Website and go to Faucet, enter the buddy address (you will need a referral code from someone else). Finally, select Swap and GET your DRIP tokens.
Which Wallets support drip?
You can pair your Metamask wallet with Ledger Nano X or use another hardware wallet like Ellipal Titan or SafePal.
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