MetaMask Extension- Access the Web3 and Defi world
MetaMask Extension- A Secure Non-Custodial Crypto Storage
The security of your crypto assets plays a vital role in the crypto economy because of increasingly rising cases of hacking and online thefts. What do you do to secure your purchased crypto assets?
Well! If you are an active trader, you may say that you use software or hardware crypto wallets, but as a novice player in the crypto industry, you might have no idea which wallet you should choose to secure your assets.
So, here we are with a wallet that can be a good fit for all of your crypto needs, the name of that wallet is MetaMask. This wallet is available for mobile and PC users and lets you download a MetaMask application or a MetaMask extension. In this read, we will drive you through a meticulous exploration of the MetaMask extension, where we will learn the benefits of using the MetaMask Wallet as well as the process of setting it up on your device.
If you are also one who is just stepped into the crypto economy or is a new MetaMask user, scroll through this post and make notes to get assistance while navigating your way with the MetaMask extension. Let’s have a glance without wasting any more ounces.
First and foremost- What is MetaMask?
As I have already driven the point that you can hold your assets in the MetaMask Wallet, it is obvious to guess that it is a crypto wallet that provides space with high encryption to hold assets. Apart from this, you can navigate this platform to perform some more activities such as staking, swapping, or transferring crypto assets.
MetaMask Wallet was rolled out in the crypto market in 2016 and since then, it has been continuously gaining prominence among crypto traders due to its high-standard functionalities and security measures. The fact that attracts the attention of a wide range of traders is the multifunctional trade of the MetaMask.
In our further read, we will be discussing the salient traits of the MetaMask Wallet to provide more clarity so, come along with me.
What sets the MetaMask extension apart?
Easy to navigate interface: MetaMask is designed by considering the needs of newcomers, so no matter if you have just stepped into the market, you will not get any obstacles while navigating the interface of the MetaMask due to its user-friendliness.
Earning through staking: Using the MetaMask platform, you can provide liquidity to the ETH network by holding your assets for a specific period of time, and this process is known as staking. By doing so, you can earn rewards in the form of crypto assets.
Explore decentralized applications: This wallet does not only suitable for storing assets only, but you can get a friendly environment as a developer as well. Here, you can access multiple decentralized applications (dApps) under one platform and can build new dApps as well.
Access to multiple networks: However, In the MetaMask Wallet, you will be able to store and manage the ETH network-based tokens only by default. But, you can add several other networks by adding networks manually on the platform as MetaMask allows you to do so.
How can we download the MetaMask extension?
If you are a PC user and want to install the MetaMask extension on your device, first let me tell you that you are allowed to install the MetaMask extensions for some majorly used wallets such as Chrome, Brave, Edge, Opera, and Firefox. Here we will provide a guide to install the extensions on your PC, so have a look.
First of all, you should make sure to download the extension through the official website.
So, go to the URL https://metamask.io/download/.
Now, navigate through the download page and scroll down.
Look for the browser icons situated at the bottom of the page.
Choose the browser icon, where you want to install the MetaMask extension.
Now, the respected download page will be opened further, tap on “Add to [Browser name]”.
Proceed by selecting “Add Extension” at the prompts and the extension will get downloaded on your device automatically.
Acknowledge the method of creating a wallet on MetaMask
Let me first tell you that MetaMask does not ask for any sign-up process to hit the road of the MetaMask Wallet. All you need to do is, create a wallet in it and begin staking, swapping, and transferring assets in one go. Here are the steps to undergo for creating MetaMask Wallet.
Open the downloaded MetaMask extension first.
On the following page, “Get Started” should be tapped.
Move further by tapping on the “Create a Wallet” option.
Here, you will be asked to provide your consent on some tips.
Do it and proceed by setting up a hard-to-decrypt wallet password.
Thenceforth, proceed by copying and storing the seed phrase securely.
Provide the same on the following page in a proper sequence and hit “Confirm”.
That’s it! You are done with setting up your MetaMask Wallet, you can access your account anytime and anywhere without any hurdle.
How to unlock the MetaMask Wallet?
In case, you have not been using your wallet for a long time, your MetaMask will lock your wallet to protect it from any phishing attacks. So, in this case, you can simply use your MetaMask login password to unlock it. Here’s the way.
Open the wallet’s home screen, and if it will be locked, it will ask for a password.
Provide the password at the designated space to proceed.
Hereby, you need to tap on the “Unlock” button, and now are in.
The process of accessing your wallet with your MetaMask password is quite seamless, but still, if you have any issues, you can open https://metamask.io/ and proceed by taking the assistance from “Help Center” where you’ll probably get everything.
The Bottom Line!
MetaMask Wallet allows its users to explore the whole DeFi world along with accessing and organizing the non-fungible tokens. You can install the MetaMask extension on multiple browsers to attain the support of a plethora of crypto assets. Hopefully, this read will help you in your journey with MetaMask Wallet and will provide ease in navigating each amenity and offering of the MetaMask Wallet