MetaMask Wallet: The crypto wallet for Defi, Web3 Dapps and NFTs
MetaMask Wallet – Guiding beginners through the wallet setup
Selecting a crypto wallet has always been a tough decision to make by novice users, especially when the industry is filled with choices. Taking the advice from the professionals can also confuse them further about the wallet selection. Therefore, it is better to review each and every wallet by yourself and then select the most suitable one. But it is also time consuming and people do not have much time for the wallet selection. Hence, a guide was needed to explain to people about the crypto wallets.
This article will make you go through the operating steps of the MetaMask Wallet in the utmost detail. And all you need to do is to pay attention to the explained procedures thoroughly. The software can be downloaded by users or added as a browser extension, it can be installed without revealing some personal information like social security number, name, email, etc. So let us begin the journey of explanation.
Download of MetaMask
The primary step is to begin with the download and installation of the application or the extension of the wallet. However, most people do not know the exact procedure and often end up getting fraudulent applications on their devices. As an outcome, the user has to face huge losses, which also leads to the loss of reliability on the software wallets as well. Therefore, to restore your faith in the software wallets, we have the guide of MetaMask Wallet download here. Follow the steps to get your application or the extension.
MetaMask Extension
Let us commence with the download process of the Wallet Extension as most people prefer to use the extension. Take a look at the explained procedure below:
Find the official website through your laptop browser or just use the link here https://metamask.io/download/
This will present you with the three download options list. The options will be Chrome, iOS, and Android. And since we are learning through the process of the extension installation, you will have to select the first option from the list.
Next, it will open the page of the Chrome Web Store.
On the page, press the button of the Add to Chrome.
Click Add Extension on the pop-up window.
This will initiate the downloading procedure of the wallet extension and you can keep an eye on it through the toolbar of your browser.
MetaMask App
Next up we have the installation guide of the mobile application which is even more simple than the extension. So, let's quickly take a look at it:
Go to the Google Play Store on your mobile.
In the search box, write MetaMask Wallet and click the search button.
Tap on to the official link from the result page and wait for the page to open.
Click on the Install button.
The installation of the MetaMask Application has now started and within a few seconds, you will be able to access your account.
MetaMask Account Set Up
Come and let us take you on the journey of the new account setup on the platform of MetaMask. There are ample websites available on the internet that will explain the setup procedure but in a complicated language. Therefore, to provide you with an easy explanation for a better understanding, we have this segment for you. So, now let us get you started with the MetaMask Wallet setup:
Open the installed wallet extension or the mobile application of the MetaMask. However, if you take up on our recommendation, we would recommend you to go for the extension for the setup.
Next, the screen will showcase the two options of ‘Import a wallet account’, and ‘Create a New Wallet Account’.
Since you are a new user, go for the second of creating a new wallet account.
The screen will now present you with a form, where you will have to fill in all your correct details.
Complete the verification steps as shown on the screen to confirm your identity on the wallet.
Next, the MetaMask wallet will urge you to create a strong and unique password for the wallet.
Once you finish the password setup, press the continue button.
On the screen press the Reveal button.
Now, the secret recovery phrase of your account will be on the screen and you will have to scribble it down correctly on a piece of paper.
Pass the test presented on the screen to confirm that you have the correct seed phrase with you.
With this, we have reached the end of the wallet account setup procedure https://metamask.io/. We hope that you understand our explanatory steps.
Login to MetaMask
The next procedure in the line we have is the wallet login. Out of all the explained procedures in this article on the MetaMask Wallet, this login process holds the most importance. This is the only process that you need to follow whenever you want to have access to your account. So, now let us take a look at the procedure of the login in depth. But before we begin, do ensure that your devices have either the browser extension or the mobile application of the MetaMask.
The first step is to launch the wallet application or the extension.
Next taking the wallet will present you with a text box, and here you will have to enter the wallet login password.
Before you continue, just check your entered passcode, and correct it if there is any kind of error.
Now, click the Unlock button on the screen.
If your password is correct then it will open the home page of your MetaMask Wallet account. However, the incorrect login password will not allow you to have the account access. The user will have to repeat the same login procedure, till they get the correct password. Therefore, this is the reason one must recall their login credentials to avoid this kind of error.
What is MetaMask Portfolio?
Many users have a question related to this Portfolio feature of the MetaMask. In simpler terms, this is the one-stop destination for the dApp lovers. Now you no longer need to connect your wallet account to all the Web3 platforms separately. You can easily have the access to all of these features on the MetaMask Portfolio platform. And not only this, you will have the accessibility to the several other features as well such as staking and buying of the crypto. You can take a look at the portfolio feature using the link here https://portfolio.metamask.io/. All you need to do is to connect your wallet account and enjoy the unlimited services.
Summing it Up!
Both a mobile app and a web browser extension are available for the MetaMask wallet. Although this wallet has a wide range of capabilities, it cannot be used as a primary wallet because it does not support Bitcoin, the cryptocurrency industry's most widely held digital asset. The wallet is suited for beginners and experienced cryptocurrency investors.