MetaMask Wallet Extension - Official Website

There is no denying the fact that there are uncountable crypto wallets available in the crypto world. But, you cannot trust just any wallet with your valuable crypto assets. Isn't it? Hence, it is recommended to carry out background research about the wallet that you are planning to use. In your research, you should not forget to consider a few important things. 

First of all, you need to go through the number of user bases, reviews shared by people, and ease of usefulness. In case I had to suggest one crypto wallet that tops in all three categories, my recommendation would be to go ahead with the MetaMask wallet.

Want to know why? There's not one but so many reasons that make this wallet a perfect choice for beginners and advanced crypto players alike. To know more, continue reading this post to the end.

MetaMask, which is available as a MetaMask extension and a mobile app, comes in handy in many scenarios when you are in your crypto trading journey. With a MetaMask wallet by your side, you can:

• Work with or create NFTs

• Lend assets on Decentralized Finance (Defi) protocols

• Store Ethereum-based crypto assets

• Buy and transfer ETH

• Add other networks such as BSC and work with them

If you also wish to use this hot crypto wallet, then you can install the MetaMask extension on one of the supporting browsers and enjoy seamless interaction with the Ethereum blockchain. To learn how to follow me through this read further.

If you have just stepped into the crypto world, then you might have some queries in your mind, especially regarding the crypto storage options. Particularly speaking MetaMask wallet, falls in the category of a "hot wallet." Keeping it simple, a hot wallet is one such wallet that is available in the form of software that can be installed as a standalone file, a plug-in, or an app. After installing this software, the private keys that you store on your device will be only available on your device, but not on any online platform. However, such wallets may not be as safe as a cold wallet. 

If you are not ready to invest in a cold crypto storage yet and looking for a safe hot wallet alternative, then nothing could beat the security of MetaMask wallet. In terms of security, usability, and accessibility, MetaMask tops the list, and here is how you can install it.

PLEASE NOTE: MetaMask extension is currently available for five popular web browsers including Chrome, Brave, Edge, Opera, and Firefox. The steps listed below are general installation steps and are applicable to all these browsers.

1. https://metamask.io/- Open this URL from any of the supported browsers

2. Press the DOWNLOAD button on the Welcome screen

3. You can either choose your current browser icon and follow the prompts

4. Or, you can choose the INSTALL METAMASK FOR CHROME (if you are using Chrome)

5. Continue by pressing the ADD TO CHROME button

6. Afterwards, you must select the ADD EXTENSION option

Sit tight and let the platform do its magic. The extension will be soon available on your browser represented by the fox-face icon. Now, your next step is to set up/ create a new wallet which we will discuss in one of the upcoming segments.

MetaMask works pretty well as its iOS and Android mobile application. Hence, if you also wish to use MetaMask on your mobile device, installing its mobile app is a must.

To be precise, there are two ways to install the app.

One is by installing it directly from the downloads page available via https://metamask.io/download/. From this page, you can choose the iOS or Android icon and then choose the "Get" or "Install" option based on the device type.

The other way is to open the Google Play Store (Android) and App Store (iOS), look for the "MetaMask Wallet" and then choose the "Get" or "Install" option. Soon after installing the wallet software, you must create a new wallet or import your existing wallet.

Believe me, creating a new wallet on MetaMask wallet extension or its app is not a hard nut to crack. Just a few easy steps and your wallet will be ready for usage in a few minutes. Below we have discussed the steps for the wallet creation considering you are a new user on this platform:

1. Launch the installed MetaMask software

2. Tick the box for I Agree to Metamask's Terms of Use

3. Hit the Create a new wallet button

4. On the "Help us improve MetaMask" page, select I Agree or No Thanks

5. Voila! Time to create a new password and confirm it

6. Tick the box for "I understand that MetaMask cannot recover this password for me"

7. Press the Create a New Wallet option once again

8. Grab a piece of paper and note down the Secret Recovery Phrase

9. To continue, you must choose I've noted down the seed phrase carefully

10. Finally, verify the words of the seed phrase one by one

No email address, no KYC, no sharing of personal information, and your wallet is all set to use.

MetaMask wallet has recently come up with another way to allow its users to utilize its major functions directly from the web. With the MetaMask Portfolio, you can take many actions such as: 

• Keep track of your assets via the Dashboard

• Explore Web3 apps and tokens from different categories

• Buy, Sell, Swap, and Stake the supported tokens

• Bridge, Send and Receive crypto assets

To access and use the Portfolio, just visit https://portfolio.metamask.io/ and connect your existing MetaMask wallet with it. Yes, it's this much simple.

Overall, MetaMask wallet is an efficient crypto wallet that is easy to use and works well for anyone who is planning to trade tokens built on the Ethereum blockchain. The wallet comes with a wide range of functionalities that you can use directly by installing its extension, mobile app, or by using MetaMask Portfolio. And I'm sure this article has certainly helped you in initiating your journey with this wallet.