Crypto trading is not possible without having a secure wallet to manage the digital assets, and this is when the need to introduce an easy-to-navigate and secure crypto wallet came into the picture.
MetaMask is a leading, non-custodial cryptocurrency wallet and one of the most cutting-edge tools to traverse through the crypto realm. The wallet offers a wider reach as it can easily be operated on mobile devices and on computers as well, depending on the suitability of the users.
Investors can connect MetaMask to dApp to access decentralised applications. In addition to this, they can even invest in NFTs, buy or sell cryptocurrencies, utilise smart contracts and do a lot more.
MetaMask Wallet is a hot, software wallet to easily manage cryptocurrencies, particularly Ethereum-based tokens, such as ERC-71 and ERC-20. The wallet offers everything that an investor looks for, right from managing the digital assets to putting them on trade and earning profits.
MetaMask was founded in 2016 by Consensys, a blockchain software company. Offering a gateway to decentralized finance and blockchain applications, it supports 17000+ dApps.
MetaMask.io currently has 100+ million active users as of now and can be installed easily just like other browser extensions. The wallet has a user-friendly interface and excellent features such as snaps, MetaMask Missions and more.
MetaMask extension is a suitable option for investors who prefer looking at every minute detail/changes relating to the digital investment world. The extension works with a number of browsers such as: Chrome, Brave, Edge, Firefox and Edge. Investors can get a compatible extension for any of the browsers to access the operations and make profits out of them. The choice to choose between MetaMask vs Coinbase, depends on the preference of the users.
Using MetaMask for performing transactions or staying at the top of the crypto world isn’t an uphill task. Here is how to use the wallet on a browser:
Download the authentic plugin by visiting the ‘MetaMask.io’ website.
Choose ‘Create a Wallet’ (for new users) or ‘Import Wallet’ (for existing ones).
Generate a strong password to configure the wallet.
Click on ‘Add Token’ to add funds to the wallet, either through:
Buying through MetaMask’s default payment method, or
Sending it through the exchange, such as Coinbase, etc.
Spend digital money on the people you want or perform the investment activity you want.
NOTE: Import wallet is for the existing investors who wish to switch to MetaMask without losing their data or funds.
Managing software wallets might encounter some issues and so is with the MetaMask extension. One of the issues is MetaMask Not Working, which is usually not a big concern.
One can easily fix this issue by simply performing a couple of troubleshooting steps, which are:
Restart your browser.
Lock and unlock the wallet by using the credentials entered at the time of MetaMask setup.
Check if you have install MetaMask from the authentic platform.
Ensure you have a stable internet connection.
Wash out the cache and cookie history of the browser.
Disable other wallet extensions, in case you have many.
Make sure you are running the latest version of the wallet.
MetaMask extension is one of the simplified, trusted and easily accessible ways to manage and trade digital funds. This non-custodial wallet gives users the freedom to navigate and trade digital funds securely. In a nutshell, MetaMask reviews says it is a great software wallet with a simple and secure user-interface to manage the crypto funds.
Is the MetaMask extension safe?
Yes, the MetaMask extension is safe; however, ensure to install it from the authentic website of the wallet.
Is MetaMask a hot wallet or a cold wallet?
MetaMask is a hot wallet as it is a software wallet that can be accessed when connected to the internet.
Can I use the MetaMask extension on mobile?
Yes, MetaMask has a wider accessibility and offers the option to manage the wallet on mobile devices as well.
What do I do if I lose my seed phrase?
In such a case, the investor loses their access to the digital funds. However, you have the seed phrase written somewhere you can backup the complete data.