MetaMask is a software available both as a browser extension for personal computers and an app for mobile phones. It is used as a cryptocurrency wallet that connects to the Ethereum blockchain. It is one of the most popular browser extensions that are free and secure, which allows different web applications to read and interact with Ethereum's blockchain. MetaMask allows you to equip with a key vault, token exchange, login, token wallet and all the other things you need to manage your digital assets.
Advantages of MetaMask
As we all know, technological advancements have made us able to deal out business online, which is more efficient and transparent. It's no longer the time when currency notes use to decide everything. The emergence of Cryptocurrency has drastically changed the dynamics of currency. Many apps and online services are not accepting transactions in cryptocurrency, and you need MetaMask for enabling you to use these services easily. MetaMask allows the users to access their Ethereum wallet either through its browser extension or mobile app, which can further be used to interact with decentralized apps.
Steps for using MetaMask
Step no 1: Installation
If you want to create a new wallet, then you first need to install MetaMask either as a browser extension or a mobile app. For using it as a browser extension, there are different marketplaces to find it. It is available free in almost all the stores, which includes Firefox and Google Chrome. It is easy to find. You just need to search MetaMask in your favourite search engine. After clicking on the web result, click on the add to chrome option and then add the extension to install MetaMask as Google Chrome's web extension.
Step no 2: Account Creation
Step no 3: Account Securing
Once you have activated your account, the MetaMask will reveal a secret phrase to you when you will click on Click Here To Reveal Secret Words. Your secret phrase will help you in doing backup and restoring your account. Verify your secret phrase by selecting the previously generated phrase and then click confirm.
Step no 4: Depositing
After confirming the secret phrase, your MetaMask account is ready to use. Click on the view account option in order to deposit funds in your MetaMask account. Moreover, you will be able to see your address which you can share with others to receive transactions as well. There are many methods the MetaMask offers you to buy your cryptocurrency. Moreover, your MetaMask extension will be available on your browser and will be ready to use for making any crypto transaction. You can also use it to send or receive coins.
MetaMask is fun and comfortable to use; you must give it a try.