Metamask Extension: the Crypto Wallet for Defi, Web3 Dapps and Nfts
An in-detail guide for fresh users of the MetaMask extension
MetaMask is a digital wallet used to store cryptocurrency which is known for the vast variety of Ethereum-based tokens and non-fungible tokens supported by it. Experienced traders find the usage and navigation of the wallet really convenient and simple. But, new traders or users may find the navigation of the wallet a bit difficult and complicated. One of its main limitations is that it does not support Bitcoin which is a big one for traders who mainly invest in Bitcoin. In this article, we are going to take you through all the details which you will need for using the MetaMask extension.
What is MetaMask wallet?
It is counted amongst the most commonly used browser extensions that is used for the storage of Ethereum and many other tokens. Downloading the MetaMask extension is absolutely free and comes with total security.
Pros of MetaMask extension wallet
The process for downloading and setting up the wallet on different platforms is really simple. Users can simply create the wallet on any one platform and import it to others using the seed phrase.
Users get the opportunity to get rewards just for staking and holding their assets.
A vast variety of Ethereum-based tokens is supported.
It is the main hub for decentralized applications.
Cons of MetaMask extension wallet
You cannot convert your crypto currency to fiat currency.
24/7 technical support for customers is not available.
MetaMask extension download and install
Following are the procedures to download and install MetaMask browser extension for different platforms:
- MetaMask extension for Chrome
Initially, you will have to go to the official website of MetaMask.
For installing the MetaMask extension, you will need to click on “Get Chrome extension”.
Then, tap on the “Add to Chrome” button available in the top right corner of the screen
Click on “Add extension” and your installation of MetaMask extension will be complete.
There will be a similar procedure for downloading and installing MetaMask Chrome extension Android mobile on Chrome.
- MetaMask extension Firefox
Again, the initial step will be to visit the official website of MetaMask.
Then, tap on the button named Download available in the top right corner of the homepage of the MetaMask website.
Then, press Install MetaMask for Firefox ensuring that the tab for Firefox is selected.
Then, press the “Add to Firefox” button on the listing page of the MetaMask store.
It will be made sure that you are intentionally doing this process by the browser. For that, you will need to click on Add after reading the disclaimer.
Once the installation is done, you will need to click on the puzzle icon and also on MetaMask for the launch of your wallet.
The extension will be visible on your browser once you restart it.
And you are done.
- MetaMask brave extension
At the initial stage, you are supposed to download the MetaMask extension for your Brave browser.
Then, you need to tap the “Get started” button.
So, you are done with the process and you can start using the wallet.
MetaMask extension wallet setup process
Initially, you will need to click on the “Create a wallet” button since you are a fresh user of the platform. And in case you have an existing wallet, you can simply click on the “Import wallet” button.
Then, you need to click on the “I agree” button so that your data can be collected which is for the sake of giving you the best user experience and you can click on the “No thanks” button if you don’t want the data to be collected. Your wallet will be created in both cases.
In this step, you will need to create a strong password for your wallet. Do this very carefully as this is an important element of the login credentials.
Here, you will receive or get your secret seed phrase which you have to store very carefully as this will be used for login in case you forget your password.
Now, you will need to back up your secret seed phrase.
Select your seed phrase in the correct order of words for the purpose of confirmation and click on confirm.
MetaMask extension login
To do the MetaMask extension login, you will initially need to create an account for the same.
The steps to create an account are as follows:
Click on the extension icon available in the top right corner of your screen.
For installing the latest version and staying updated, click on try it now.
Click on continue.
Follow the prompts to create your new password and then click create.
Click on next to proceed and you will also have to accept the Terms of use.
Then you will have to select your secret phrase in the right order.
Now your account has been created and your Ethereum account address has also been generated.
Now, you simply log in using your newly created login credentials.
MetaMask extension not working
Here are some of the fixes which you can use if MetaMask extension is not working properly:
Terminate the browser or mobile app that you are using and reopen it.
Restart the device on which you are using the MetaMask wallet.
Try locking and then again unlocking the wallet.
If the issue that you are facing is associated with a particular transaction, you need to check the status of the block explorer for that network such as Etherscan. Block explorers are a great source of information as they provide all the details associated with a particular transaction.
Ensure that you are using an up-to-date version of the extension.
Search the internet for opinions and solutions associated with your problem which are given by experts in the field.
Resetting the wallet or the account is not recommended without the advice of an expert.
If the issue that you are facing is associated with a third-party platform, you can simply approach the customer support of that platform.
Conclusion
MetaMask extension is one of the two available versions of the MetaMask wallet which is a crypto wallet. It has a vast variety of features which makes it the main place for users who are really interested in NFTs and Web3 and also want to build decentralized applications on the platform. We have tried our best to make you familiar with different aspects and issues related to the user experience of MetaMask extension as a whole. We hope you make full use of this article and get benefitted from it in the best possible way.