Summary: The VechainThor blockchain cannot be added to a MetaMask Wallet because it is not an Ethereum Virtual Machine (EVM) compatible blockchain. This means you will need to download and install the VeChainThor Wallet to interact with DeFi and other applications on VeChain.
You can also use a secure offline wallet like Ledger that allows you to safely store VeChain and interact with VeChain DeFi, while maintaining full custody of your assets.
- The Ledger Nano S is the most popular self-custody offline wallet for VeChain DeFi.
- Most secure Crypto Wallet with access to VeChain and over 5,000 Cryptocurrencies across a variety of networks.
- Native DeFi applications like AAVE, UniSwap, SushiSwap and more to safely earn yield on assets.
Can I add VeChain Thor to MetaMask?
No, MetaMask does not support the VeChain crypto network because it is not written in the Ethereum Virtual Machine (EVM) programming language called 'Solidity'. MetaMask only supports networks that use the Solidity programming language and are compatible with the EVM. Some examples of these networks include Avalanche, Fantom, Optimism (Layer 2) and others.
How to add a VeChain Wallet
The best wallet to use on the VeChain network is the VeChainThor Wallet. This is an easy-to-use Mobile wallet that was developed by the company behind VeChain, which means it is safe and compatible with the network. To add a VeChain Wallet, follow these steps to set up and use the official VeChainThor Wallet:
- Download the "VeChainThor Wallet" app on your iOS or Android device.
- Create a wallet by setting a name, password, and strong passphrase.
- Backup and verify the 12-word mnemonic phrase provided.
- Access the wallet dashboard to view balances and manage tokens.
- To add tokens, tap "Add Token," search for the token, and enable it in your wallet.
What can I do on VeChain Network?
The VeChain network has a thriving ecosystem of NFT, DeFi, GameFi and Metaverse applications across their growing suite of products. The VeChain blockchain currently has over $6 million in Total Value Locked according to Defillama, which makes it the 70th largest chain by value circulating on the network.
For more information about VeChain dapps, you can visit their App Hub.
What is VeChain?
VeChain is a blockchain-based platform that is designed to enhance supply chain management processes. The VeChain platform utilizes tamper-proof and distributed ledger technology to track items throughout the entire supply chain life cycle, from production to final delivery. This allows businesses to effectively manage their inventory, ensure product quality, and prevent counterfeiting. In addition, the VeChain platform can be used to track other types of assets such as legal documents, medical records, and more.
The VeChain platform is based on two main components: the VeChain Thor blockchain and the VeChain ToolChain. The VeChain Thor blockchain is a public blockchain that utilizes a Proof of Authority (PoA) consensus mechanism. The VeChain ToolChain is a set of tools and services that businesses can use to build applications on top of the VeChain Thor blockchain.
Final Thoughts
In conclusion, the VeChainThor blockchain is not compatible with MetaMask due to its non-EVM nature. To interact with DeFi and other applications on VeChain, it is necessary to download the VeChainThor Wallet or use an offline wallet like Ledger. With the VeChain network's growing ecosystem, including NFTs, DeFi, GameFi, and Metaverse applications, users can explore a wide variety of opportunities within the VeChain App Hub.
I am a Finance graduate and market analyst that enjoys researching and writing about digital assets and how they intersect with Macro.
