MetaMask Wallet | MetaMask Extension - Official Website

To survive in the crypto industry, you need a good wallet that will provide you with protection from online threats or phishing attacks. But none of the wallets can give you full protection from those threats if you do not perform some of the security steps by yourself. Without performing these security measures, you will lose your funds sooner or later. It will not matter how strong your crypto wallet is.

Now that we are on the topic of determining which wallet is the strongest, you should know that hardware wallets hold this title. No software wallet can ever match the security of a hardware wallet. But not all of the crypto traders can afford to purchase an expensive wallet like that. So, in situations like this, a software wallet is the only best choice for you.

In this article, we aim to describe a software wallet called MetaMask Wallet. It is strong enough to protect your assets. So, if you want to learn about it you must follow this article right here.

First, let us tell you about the installation procedure of the MetaMask Extension and the mobile application. It is your choice on which mode to use to access your MetaMask account. In other terms, we mean to say that it is your decision if you want to use the MetaMask Extension or the mobile app. We would suggest you go for the MetaMask wallet extension as it is easier to use, but we will not force you for it. And don’t worry, because we will explain to you the download process for both of them. 

After the installation of the wallet, you will need to have an account on it as well. And for this purpose, here we will present you with the steps on how to get your account registered on it. So, follow up with the process given here:

1. First you should start your installed MetaMask Wallet application or the browser extension.

2. Then the screen will showcase you with the two options Create a new wallet and Importing of the new wallet.

3. Now, select the first option as you want to set up a new account.

4. A form will now be in front of you, enter all of your relevant details.

5. Complete the verification process as well if instructed on the screen.

6. Create a login password for your account, and ensure that it is strong enough. Avoid the use of important dates as your password.

7. Now, the screen will present you with the secret recovery phrase of your account.

8. Store somewhere private where no one except you has access.

9. Pass the test on the screen, to complete this process.

This is the end of the wallet setup process. To know more about it use the https://metamask.io/ official website link here.

Moving further with our article, the next thing to know is how to access your account every time you want to initiate a transaction. For this, you should know the login process. Because without logging in you cannot access your account. The login process is:

1. Open the MetaMask Wallet.

2. Type the passcode.

3. Tap ‘Unlock’.

4. If the password you have entered is incorrect, it will ask you to write another one.

5. Or you can also opt for the option of ‘Forgot Password’ if you do not remember the correct one.

Once the above steps are completed, you will be redirected to your account homepage.

Everyone forgets passwords, it is a normal occurrence. It is nearly impossible to remember the passwords of all the platforms unless all the passwords are saved on Google. But saving passwords on Google is also risky. Because anything that is stored online could be hacked in one way or another. In this segment, we will guide you through the process of changing your password:

1. Launch the MetaMask Wallet.

2. Below the Unlock button, tap the option of ‘Forgot Password’.

3. Do ensure that you have the Seed Phrase.

4. Now paste the seed phrase in their designated text box.

5. If the phrase is correct, a new window will be opened.

6. And on the new window, you will have to create a fresh login password.

7. Confirm the new passcode by rewriting it again in the text field.

Now passcode has been changed and to log in to your account follow our steps given in the above section. 

Another thing that a trader worries about is the fees. A trader is always looking for a little more budget-friendly wallet. A good wallet gives you the best services by charging low cost. And MetaMask Wallet surely falls into this category. The MetaMask always aims to charge low fees and the amount of fees that is charged is given to the blockchain network validators for working on it. Although it may charge some high amount of fees in case there is a high load on the platform. So in case of a high load, the price usually increases and the time for processing a transaction also increases. 

MetaMask Wallet gives users security and anonymity on a priority basis. Also to make it more accessible to the users it has launched its mobile application. By using the Mobile application, you will not have to carry your computer or laptop devices. At the end, it is up to you on how you want to access this wallet.