MetaMask extension- Unleash The Power Of Crypto

We cannot deny the fact that cryptocurrency wallets hold a lot of significance and you cannot imagine having complete peace of mind until you have transferred your crypto assets to a safe wallet. Whether you own a small amount of crypto or invest in different crypto assets simultaneously, having a crypto wallet is a must. Now the question is why it is important to have a cryptocurrency wallet. The short answer is-safeguarding your crypto assets from cyber-criminals and hackers. You must be aware that this read is going to focus primarily on the MetaMask extension, so I will discuss the importance of a crypto wallet by taking this wallet into consideration. However, it is a pretty difficult endeavor to choose one crypto wallet when the number of crypto wallets is pretty high. But, the MetaMask wallet has got you covered- especially if you are trading crypto on the Ethereum blockchain.

To help you understand in a better way, let me tell you that there are a few things that you must consider before opting for a crypto wallet. Some of the crucial features of a perfect crypto wallet are none other than availability, security, user interface, crypto support, compatibility,  trustworthiness, etc. If we consider all these factors distinctively, then MetaMask ticks all the boxes. It absolutely comes with-  The availability in different countries of the world  High-level compatibility with mobile devices and PC  Supports all the crypto built on the Ethereum blockchain  Has a very easy and user-friendly interface. It gives complete importance and priority to the security of the assets you trust with

If we particularly speak about the MetaMask extension, it is currently available for five different web browsers which include Chrome, Brave, Edge, Opera, and Firefox. This particular section of the read will help you install the MetaMask Chrome extension. If you want to install the extension on any other browser, you need to follow almost the same steps. Take a walk through these steps to install the extension on your Chrome browser- 

1. As evident, you must go to the official MetaMask website from your Chrome browser

2. The URL for the official download page is- https://metamask.io/download/ 

3. Bang on the Install MetaMask for Chrome button

4. Finish the procedure by clicking Add to Chrome

5. Confirm the installation by selecting Yes or Add extension

Evidently, you cannot use any of the services of the MetaMask extension if you do not create a wallet on it. In this process, let me be your guiding light when I will teach you how to set up a wallet on MetaMask-

1. Friends, you first need to open the installed MetaMask

2. Hit on the Get Started button

3. Pick up the Create a Wallet option

4. Proceeding, choose a resilient password for the MetaMask login

5. Do the needful to reveal the Secret Recovery Phrase

6. Choose the apt words from the seed phrase to confirm it

Due to its wide range of features and amenities, people choose to go ahead with this wallet. Below I have given a list of some of its useful features that help you be a strong player in the crypto market:

•  Send and receive a wide selection of supported crypto assets

•  Swap different tokens in an instant

•  Add networks to improve its efficiency

•  Withdraw crypto into fiat as and when needed

•  Buy crypto assets from within the wallet

•  Connect to the dApps (decentralized apps)

•  Stake tokens to earn rewards

Even without leaving the wallet software, you can buy crypto assets by using different payment methods such as Transak, Coinbase Pay, and MoonPay. Below are steps to make the crypto purchase on the MetaMask Chrome extension and other extensions-

1. First, unlock the wallet and then bang on the "Buy" button

2. Choose the supported crypto you wish to purchase

3. Select the number of the chosen coin you wish to purchase

4. Pick up a payment method- Coinbase Pay, Transak, or MoonPay

5. Checkout by completing the purchase and selecting "Buy Now"

Create an account on one of the cryptocurrency exchanges that allows the withdrawal of crypto into fiat. If you have access to one such exchange, you can take the steps given below to withdraw fiat from your MetaMask extension-

1. Primarily, create an account on a crypto exchange

2. Open the MetaMask Chrome extension

3. Take steps to transfer crypto from your wallet to this exchange

4. Open the crypto exchange and take steps to sell the coins you've transferred from MetaMask

5. Take note of the fact that you're selling these crypto in fiat

6. Cash out these cryptos to your linked account

Neither an iPhone nor an Android device allows you to add any extension. To use any external platform or software, you can only install supported applications on it. Similarly, you can only install the MetaMask mobile application on your mobile phone to utilize the MetaMask web3 wallet services. To get this app, you can either go to the official MetaMask website. Otherwise, the app is available for installation directly through the Google Play Store and the App Store.

No doubt, MetaMask is the perfect way to dump any supported crypto assets. This guide clearly shows you how you can commence your journey with this efficient wallet. Whether you want to use it on your PC or your mobile device, this metamask wallet extension shows a high level of compatibility with both devices. Not just ETH and ERC-20 tokens, you can also add other networks to improve its usability. For more protection, you can also connect this wallet to a hardware wallet device.