If you have used a DApp on the Binance Smart Chain (BSC) network with your browser of Trust Wallet to maximize your cryptocurrency holdings, on more than one occasion you should have accepted the interaction of a token or smart contract with your BSC address of Trust Wallet.
This is a common process and necessary in some cases such as:
- Swap one token for another in an Automated Market Maker (AMM)
- Provide liquidity to a pool
- Staking a token
In case you were not aware, many of these permissions that you grant tend to remain active for a long time and in most cases permanently, so with this simple guide you will learn in a safe and simple way how to revoke these permissions that you have granted in the past and you no longer wish to maintain.
What is BSC Allowance Checker?
BSC Allowance Checker is a very useful tool that belongs to the Beefy Finance team by means of which connecting Trust Wallet gives you a list of all the addresses of tokens and smart contracts to which you have provided access in the past in the Binance Smart Chain network.
What benefits does BSC Allowance Checker give?
The main reason is security, if in the past you have allowed the address of an unreliable token or smart contract of dubious origin to interact with your wallet these spend permissions could allow dishonest teams or individuals to transfer all of your approved tokes at anytime without asking further permission from you.
Another important reason is the control it gives you to see the detailed list of all the token or smart contract addresses that interact with your BSC address of Trust Wallet.
How to use BSC Allowance Checker?
Access your DApp browser and at the top, in the navigation bar, insert the following url: https://allowance.beefy.finance/
Note:
Make sure that the network you are connected to is the Binance Smart Chain. You can follow this guide: Access Binance Smart Chain DApps with Trust Wallet
Once inside you will find something similar to this
There you will be able to see a list comprised of the token address, the smart contract to which said token belongs and the level of allowance it has on your Trust Wallet BSC address.
Pressing any address will send you to BscScan a Block Explorer and Analytics Platform for Binance Smart Chain where you will be able to see all the detailed information of the address you accessed.
In case of being an address to which you no longer wish to continue granting interaction with your BSC address, you just have to return to the previous page and press the “Revoke” button where a window of confirmation from Trust Wallet asking you to approve your operation.
Approve the operation and update the page, as you will see the address to which you have regained access no longer appears.
You already know how to manage with BSC Allowance Checker the addresses of tokens and smart contracts that interact with your BSC address of Trust Wallet quickly and easily!
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