Manage Your NFTs on the MetaMask Extension

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Every new entrant in the crypto marketplace needs to understand one essential point about cryptocurrency trading i.e. he should have access to a safe crypto wallet where he can safely store his crypto assets.

MetaMask Extension - Every bit of information you need to know about it 

Every new entrant in the crypto marketplace needs to understand one essential point about cryptocurrency trading i.e. he should have access to a safe crypto wallet where he can safely store his crypto assets. This is because, whenever you purchase a crypto asset through an exchange, the information regarding it is stored on a public blockchain meaning that anybody can access and misuse it. Hence, if you never wish to compromise with your crypto assets, having access to a crypto wallet is of utmost importance. 

In this regard, I am going to make you familiar with a renowned crypto wallet viz. MetaMask. To be specific, we shall be having a deep conversation about its desktop version viz. MetaMask extension. So, if you are concerned about using MetaMask on your PC, then you can read the essential details outlined below. 

 
 
 What is MetaMask?

To be precise, it would not be wrong to say that it is a free-to-use crypto wallet that works on a mobile device as well as a PC by installing a MetaMask extension. Apart from letting you store crypto assets, it also helps you swap digital assets, interacts with the ETH blockchain ecosystem, also lets you access a great collection of dApps (decentralized applications). 

With more than 10 million active users, it has now become the user's favorite. With its availability on different browsers as a MetaMask browser extension, it is deemed to give you a user-friendly and hurdle-free experience. 

And the most loved fact about this platform is that it constantly releases updates for your browser extension so that your wallet's security is never at risk. Now, if you wish to understand the functionality of the MetaMask extension in a better way, check out the details provided below. 

 
 
MetaMask's role in the crypto economy 

The three main goals that MetaMask help you fulfill are:

  • Helps with crypto storage Swap crypto tokens 

  • Quick access to the dApps 

After installing a compatible MetaMask extension or its mobile application, you can easily get access to all the said benefits right after the creation of your wallet. Now, we'll be taking a look at how these three factors work. 

  • When it comes to storage, you can use it to safeguard crypto tokens that have been developed on the ERC-20 or ERC-721 standard of the Ethereum blockchain. Within the wallet, you can create multiple accounts or wallets for token segregation. And, its 12-word secret recovery phrase helps you ensure the complete safety of the crypto funds. 

  • As stated above, it lets access dApps, which means that you can easily get hold of a wide range of Ethereum-based decentralized applications. Along with storage, the wallet can also be used for spending, sending, and staking crypto money. 

  • And, you'll be glad to note that MetaMask also lets you interact with the Binance Smart Chain which means there would be no hurdle in working your way between the Ethereum and Binance crypto wallets. 

If you think this is what you were looking for in a crypto wallet, then you should immediately install the MetaMask extension for chrome on your browser and set up a wallet on it. 

 
 
Which browsers support the MetaMask extension?

If you think that the MetaMask extension only works with the Chrome browser, then you are probably making the wrong assumptions. Here are the top web browsers in which MetaMask works seamlessly: 

Ø  Chrome

Ø  Opera

Ø  Firefox

Ø  Edge 

Ø  And Brave 

 
 
A step-by-step guide to install the MetaMask Chrome extension

If you are using Chrome browser on your device (which almost all of us do), then you can follow the steps presented below to add the MetaMask extension to it: 

  1. Open any of the above-listed browsers (taking Chrome as an example) 

  2. Now, using its search bar, go to the URL- https://metamask.io/ 

  3. Choose the "Download" button to proceed 

  4. Time to select "Install MetaMask for Chrome" 

  5. On the next screen, select "Add to Chrome" " Add Extension" 

  6. When the MetaMask Chrome extension is added, open it to create a new wallet 

 
 
MetaMask wallet setup on MetaMask browser extension 

When you are done with installing the MetaMask extension on your browser, you can follow the given steps to create a wallet for yourself: 

  1. Open the installed extension on your browser 

  2. On the homepage of the wallet, select "GET STARTED" 

  3. A new user should select "Create new wallet" 

  4. Then, agree to their terms and create a MetaMask login password 

  5. When the secret recovery phrase is displayed, back it up

  6. With this, your wallet is now all ready to use 

 
 
Conclusion:

To access decentralized apps, store Ethereum-enabled crypto assets, and work around the Web3 world, MetaMask plays a great role. As you can clearly see, installing the MetaMask extension and getting started with the wallet is an extremely easy process, hence, you should start using this wallet as soon as possible and take great crypto moves. 

For more information, do check out the Frequently Asked Questions. 

 
 
FAQs: 
 
 
How do I open a MetaMask extension?

For the purpose of using the MetaMask wallet, you need to first install on a compatible web browser and then open it. for example, if you are using a Chrome web browser, the extension can be opened by selecting the fox-face icon on the Chrome toolbar. On the other hand, if you are using MetaMask on any other browser, don't forget to pin it to the taskbar. 

 
 
How do I add MetaMask extension to Chrome?

Open the Chrome web browser and visit the metamask.io website. When the website recognizes your browser, you will the "Download for Chrome" option on the homepage. After selecting this option, choose "Add to Chrome" "Add extension" and pin it to the taskbar for easy access. 

 
 
What is the official MetaMask extension?

The official MetaMask extension can be obtained by navigating to the metamask.io website. On its webpage, you will see the option to get the browser extension installed on Brave, Opera, Chrome, Edge, and Firefox browsers. To avoid installing fake extensions, you should always ensure that you are getting the extension added only through the official platform. 

 
 
How do I get MetaMask wallet extension?

For getting the extension installed on your browser, please navigate to the official website and select the "Download" button. Otherwise, jump directly to the https://metamask.io/download/ page, and select your preferred browser for adding the extension. If you are using Chrome browse, select "Install MetaMask for Chrome" and follow the prompts.

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