The Complete Guide to Add Bitcoin to MetaMask Wallet (2024) (2024)

Learn how to add Bitcoin to MetaMask and unlock a new way to store and use BTC on an EVM wallet.

The addition of Bitcoin into MetaMask may prove to be a challenge due to the fact that MetaMask exclusively supports Ethereum Virtual Machine (EVM) tokens, and Bitcoin is not supported. Nevertheless, following the guide on how to add Bitcoin to MetaMask wallet, you will be able to comprehend the process of obtaining an EVM-compatible BTC token and importing it into MetaMask.

Key Insights:

• Step by step to add WBTC to Metamask directly
• Step by step to add WBTC to MetaMask by using the BTC token address
• What Is Wrapped BTC (WBTC)

How to Add Bitcoin to MetaMask Wallet

Bitcoinis a cryptocurrency designed to operate only within Bitcoin-compatible decentralized applications (dApps) and protocols.MetaMask, on the other hand, is an EVM-compatible wallet designed to hold ERC-20, ERC-721, ERC-777, and ERC-1155 tokens. Therefore, by design, MetaMask cannot support Bitcoin.

However, to enable Bitcoin usage across the EVM network, the Bitcoin network has a stablecoin calledWrapped BTC (WBTC). Let’s explore a step-by-step list of instructions for adding WBTC to the MetaMask Wallet.

How to Add WBTC to MetaMask Wallet

There are two strategies you can use to add WBTC to MetaMask. The first involves directly adding the token, while the other uses the WBTC token address. You will need to set up your MetaMask web extension wallet before following the step-by-step instructions below.

How to Add WBTC to MetaMask Directly

1. Click theMetaMask extensionicon from your Chrome browser, enter your password, and open the MetaMask interface.

2. On the MetaMask dashboard, ensure theNetworkicon at the top center of your screen is set toEthereum mainnet. If not, click the dropdown arrow, chooseEthereum mainnetnetwork, and clickAdd Networkto complete the process.

3. Scroll to the bottom of the MetaMask dashboard and click on theImport tokenshyperlink.

4. Type WBTC on the search bar, selectWrapped BTCfrom the list of options that appears, and clickImportto add WBTC tokens to your MetaMask wallet.

Using the wallet’s mobile applications, you can also use the steps described above to add WBTC to MetaMask. To use the apps, download and install the MetaMask app forIOSorAndroidand sign in, then proceed with all the steps from step 2 above.

How to Add WBTC to MetaMask Using BTC Contract Address

1. Visit Coingecko’s WBTC page, navigate to theInfosection on the right side, and look for a section writtenContract.
2. Click the copy icon next to this section to copy the WBTC token address to your clipboard.

3. Return to your MetaMask wallet dashboard and ensure the network on theNetworkdropdown section isEthereum mainnet.

4. Click on theImport tokenhyperlink and select theCustom tokensection.
5. Paste the token address you copied in theToken addressfield and clickImportto complete the process.

What Is Wrapped BTC (WBTC)

WBTC is an ERC-20 stablecoin generated by the Binance blockchain to ensure EMV-compatible chains, dApps, and protocols can use Bitcoin. As a stablecoin, WBTC is pegged to Bitcoin in a 1:1 ratio.

You can use WBTC as a Bitcoin equivalent to access dApps, trade, and interact with the Ethereum ecosystem. Besides that, you can stake WBTC forstablecoin interest ratesor use it foryield farmingon leading liquidity pools.

Conclusion

MetaMask is incompatible with Bitcoin because the two run on different blockchain infrastructures. However, Bitcoin has a stablecoin called Wrapped BTC that allows Bitcoin holders to use their BTC on EVM-compatible networks and applications.

WBTC is a secure and lucrative token to hold with multiple use cases. This coin can do anything Bitcoin can, so there’s nothing to worry about when using WBTC instead of Bitcoin.

Add Bitcoin to MetaMask – FAQs

Does MetaMask support Bitcoin?

MetaMask does not directly support Bitcoin because the two run on different blockchain networks. MetaMask is an EVM-based application, while Bitcoin is a token on the Bitcoin blockchain. However, you can get Wrapped BTC, an ERC-20, Bitcoin-backed stablecoin, and add it to MetaMask.

Where can I get WBTC?

WBTC is a Bitcoin-backed stablecoin. This means you can buy it on any exchange that lists Bitcoin. Additionally, you can swap other crypto tokens in exchange for WBTC.

Is MetaMask only used for Ethereum?

MetaMask is not used only for Ethereum. However, it only supports EMV-compatible tokens. These are cryptocurrencies built to run on the Ethereum mainnet. If a coin is not EMV-compatible, you cannot store or send it to MetaMask.

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