MetaMask equips you with a key vault, secure login, token wallet, and token exchange — everything you need to manage your digital assets! MetaMask provides the simplest yet most secure way to connect to blockchain-based applications. You are always in control when interacting on the new decentralized web.
What is M𝓮taMàsk?
MetaMask is a browser wallet designed for Ethereum-based tokens and cryptocurrencies. This wallet allows users to send and receive cryptocurrencies and tokens based on the Ethereum blockchain. Users can buy Ethereum directly through MetaMask or have somebody send them funds by sharing their public address or QR code.
If users prefer cold storage, this browser wallet is compatible with hardware wallets as well. This option allows for increased privacy and security.
Users can also connect to decentralized applications such as gaming and finance apps. It is available as a browser extension and a mobile app, so installation is effortless.
What is M𝓮taMàsk Used For?
MetaMask is used to store, send, purchase, or receive Ethereum-based cryptocurrencies or tokens. This wallet is used the same way a bank account is used today. However, MetaMask has multiple uses that go beyond currency storage.
MetaMask connects to decentralized applications, so there are growing uses for this browser-based wallet. For example, users can buy virtual lands, breed CryptoKitties, and play games using their cryptocurrency through decentralized applications. Everything is recorded on the blockchain, so there is no centralized entity in control. This decentralization allows the information to be transparent, making transactions of all types more trustworthy.
Can MetaMask Store Bitcoin?
No, this wallet can only store Ethereum-based cryptocurrencies and tokens. To store Bitcoin, you must find a wallet that supports Bitcoin.
What is M𝓮taMàsk Wallet?
The wallet is a browser-based wallet that stores Ethereum-based cryptocurrencies and tokens. With this wallet, you can send Ether or ERC20 to any Ethereum address, as well as receive funds from any address. All you need is your QR code or public address to send or receive funds.
You can access this wallet through your browser extension or the MetaMask mobile application. The wallet is designed to be user-friendly so that even complete beginners can get set up quickly. Also, it’s completely free, and sending and receiving funds can be done from anywhere.
Users won’t have to buy Ether or ERC20 tokens on a separate application because this wallet allows users to buy funds directly from MetaMask. Using their debit card, users can quickly transfer their fiat into any Ethereum-based cryptocurrency or token.
What Coins Does M𝓮taMàsk Support?
MetaMask supports Ethereum and Ethereum-based tokens. To add popular ERC20 tokens, you can use the search bar under “Add Tokens.” This function will only show the most popular Ethereum based tokens, so your desired token may not appear. In that case, you may need to add the token manually. Under “Add Tokens” go to “Custom Token,” then enter the token’s address.
Is M𝓮taMàsk Private?
You only control your private keys, so nobody else has access. Since your keys and passwords are generated on your device, only you have access.
To avoid phishing attempts from malicious hackers, MetaMask introduced “Privacy Mode.” Privacy Mode requires dapps to ask for users’ permission to access their data. Our browser-based wallet data is vital to us, so this setting puts us at ease when visiting dapps.
Can M𝓮taMàsk be Hacked?
Although there have not been any successful hacks on the MetaMask database, phishing attacks can happen. Phishing attacks are false windows or websites that pose as MetaMask that are meant to steal your data.
The best way to avoid these scams is to be aware and take the necessary precautions to protect yourself. For example, we always make sure to double-check the authenticity of pop-up windows and websites before entering any personal information.