One of the most popular cryptocurrency wallets today is Metamask. Basically, the wallet will be useful to those who are going to store, exchange crypto-currencies, which are based on Ethereum or are on the Binance Smart Chain (BSC) network.
We have prepared a review of a decentralized cryptocurrency wallet Metamask, in which we will tell about this application, how to install it, and also how to use it.
Website Metamask
About the Metamask cryptocurrency wallet
Metamask is a decentralized cryptocurrency wallet for storing, transferring or receiving tokens of any network based on Ethereum: Binance Smart Chain, Polygon, Harmony and so on.
Purse Metamask was created in 2016 as a browser extension and originally only supported web Ethereum. Now the wallet can support ERC-20, BEP-2 and BEP-20 networks. In September 2020, the wallet also appeared as a mobile application for Android and iOS. The wallet works in browsers such as: Google Chrome, Firefox, Edge and Brave.
One of the main advantages is that this wallet is non-custodial. What does it mean? It means that Metamask generates keys, passwords directly on the device itself and does not transfer them even to developers, especially to third parties. The user is in full control of his funds, because. encryption happens in the application itself.
Instructions for working with Metamask
We have prepared a series of instructions for installing and working with a cryptocurrency wallet Metamask for a quick start.
Note: Binance Smart Chain (BSC) uses BNB to pay fees, so be sure to top up your balance with some of this coin.
- How to create an account in the Metamask extension
1. After installing the extension Metamask go to it.
2. Click on the "Get Started" button.
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3. Then click on the "Create Wallet" button.
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4. If you would like to participate in the development Metamask, agree to the terms (you can not agree).
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5. Create a password for the extension (1-2 - Enter a password; 3 - Agree to the terms of use; 4 - Click on the "Create" button).
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6. Click on the "Next" button.
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7. Be sure to save / write down the recovery passphrase and click on the "Next" button.
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8. Next, confirm the secret phrase by putting the words in the correct order, and complete the account creation process.
Ready! Account in Metamask created by
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- How to Connect the Binance Smart Chain (BSC) Network to Metamask
1. Go to extension Metamask.
2. Add a BSC network (1 - Click on "Ethereum Mainnet Network"; 2 - Click on the "Add Network" button).
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3. Fill out the form with the following data and click the "Save" button.
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For your convenience, we have given you the data so that you can copy:
- Name – Binance Smart Chain
- RPC URL - https://bsc-dataseed.binance.org/
- Chain ID - 56
- Currency symbol - BNB
- Block Explorer URL – https://bscscan.com
Ready! This is how your account will look like Metamask after the actions taken.
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- How to add a token to Metamask #1
1. Go to the site coinmarketcap.com.
2. Enter the name of the cryptocurrency / token / coin in the search and find it. BUSD example.
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3. Click on the "More" button, select a network (for example, BSC) and click on the icon with the image Metamask.
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4. Confirm the action and click on the "Add token" button.
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Ready! This is how your account will look like Metamask after the actions taken.
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- How to add a token to Metamask #2
1. Go to extension Metamask.
2. Click on the "Import tokens" button.
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3. Fill the form. As a rule, after entering the address of the contract, the remaining items are filled in. The address of the contract can be found, for example, on the same coinmarketcap.com.
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4. Confirm the action and click on the "Import tokens" button.
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Ready! This is how your account will look like Metamask after the actions taken.
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- How to replenish Metamask wallet using Bestchange.ru monitoring-exchangers
1. Go to the site the Bestchange.r.
2. Select an exchanger (1-2 - Select a direction; 3 - Select an exchanger with a suitable rate).
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3. Make a transfer of funds (1 - Enter the wallet address; 2-3 - Enter the amount you are transferring in one of these fields; 4 - Enter your email; 5-6 - Enter the rest of the data if necessary; 7 - Click on button "Continue" and complete the exchange).
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Conclusion
Metamask is one of the most popular cryptocurrency wallets in the decentralized application market. It can be found on almost every DEX exchange that supports ERC-20, BEP-20 or Polygon networks.
The wallet has a simple, convenient and pleasant interface along with good functionality.
The app itself is absolutely free. It can be installed as an extension for Google Chrome, Firefox, Edge and Brave browsers, and the wallet is also available as a mobile app for Android and iOS operating systems.
Anonymity and security are at a high level, but if you lose your seed phrase, you can forget about money, so take responsibility for saving it.
Write in the comments: have you used a cryptocurrency wallet Metamask... Share your impressions with our partners.
We hope this article was helpful to you. All successful and profitable investments!
Website Metamask
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