Dappradar to cryptocurrency wallet blockchain networks Ethereumwhich installs as a browser plug-in Google Chrome. How to install it? How to upload tokens and ETH? How to use decentralized exchanges? Read in our guide.
MetaMask - how to install?
Cryptocurrency wallet Dappradar installs just like any Google Chrome browser plugin.
move on to this address, to the Chrome store with all officially accepted add-ons for this browser.
Press the blue "Add to Chrome" button, and then confirm the installation of MetaMask in our Chrome browser by clicking on the "Add extension" pop-up message.
After correct installation, the characteristic fox head, i.e. the MetaMask logo will appear on the bar in the upper right corner of Google Chrome.
We will also be welcomed with a welcome screen in which we click "Start".
If we already have a MetaMask wallet and want to use it, select "Import wallet". In the next step we will be asked to accept the regulations and security rules. Then we can log in to our wallet using MetaMask giving twelve words (seed) and setting a password.
MetaMask - how to set up a new wallet?
If we are using MetaMask for the first time, we must set up a new, free wallet for ERC20 tokens and Ethereum.
Click the fox icon in the upper right corner of Google Chrome.
We choose "Start" and then "Create wallet".
We accept the regulations and security rules by clicking "I aggree".
We invent and enter the password twice with which we will log into our wallet in the browser.
We confirm that we have read the regulations for using Metamask services and select "Create".
We can now see and note our phrase, which is the only option to regain access to the wallet in the event of a plug-in, browser or computer failure. If you accidentally uninstall MetaMask or simply if we use our wallet on another device.
Click on the padlock to reveal the wallet recovery code and read the instructions carefully above, below and on the right. We follow it and write the phrases in a safe place in the correct order.
We push further.
Now we will be asked to check if we have properly noted the phrase. Our task is to put the words that make up our wallet recovery code in the correct order.
We confirm and it's ready!
Our MetaMask portfolio has been created.
MetaMask - wallet login
Once we have associated the MetaMask plug with our wallet using the seed phrase or created a new wallet, click on the fox head visible in Google Chrome.
After each restart of the Google Chrome browser, we will be asked to log into the MetaMask wallet by entering the password.
And now Now we can use the full functionality of MetaMask.
MetaMask - menu overview
When we are logged in and click the fox icon, the following screen will appear:
In the middle there is information about the network to which we are connected. By default, this is the main Ethereum network.
Clicking on the colored circle in the upper right will expand the menu.
You can log out there, check the list of your wallets, their current status expressed in ETH, create a new wallet, import an existing wallet, and also connect a hardware wallet such as Ledger Nano S or Trezor.
If we choose the "Settings" command, we will have many program parameters to choose from, such as the default currency, language, or options for synchronizing the MetaMask account with a mobile device.
How do you fund your MetaMask account?
In the middle, just below the network name, is the name of our account and its address. The default account name is "Account 1". The account number, which is also the address of our wallet, starts with "0x". It can be easily copied by clicking on the account name or selecting "Deposit" and then "View account" in "Deposit Ether", where a QR code will be displayed, ready for scanning.
If you want to fund your MetaMask wallet account or transfer cryptocurrencies purchased on the stock exchange, choose the option "Withdraw" in the stock exchange menu that you use, and then provide your wallet address copied from MetaMask.
The menu of each cryptocurrency exchange is slightly different. If you need help making a transfer, check out our exchange guides:
- Bitbay, where you can easily buy ETH and tokens for PLNwhich can then be transferred to your MetaMask wallet
- Coinbase, where you will not only buy easily cryptocurrencies for euros, but also on the first transaction you will get a bonus in the amount of about PLN 40
- Binancewhere you can exchange one cryptocurrency for another
WARNING! Only Ethereum (ETH) and can be sent to the MetaMask wallet tokens ERC20. You can't send and hold bitcoin, ripple, monero or fox there! Attempting to upload may result in a loss of funds.
To send someone the tokens and ether stored on the MetaMask wallet, choose "Send" and then indicate the amount and type of cryptocurrency that we want to send.
There are thousands of ERC20 tokens. Not all of them are recognized by default by the MetaMask wallet. If there are no tokens of interest to you by default, you must manually add it by selecting "Add Token".
Using Uniswap using MetaMask
MetaMask is a great portfolio that we can easily use decentralized exchanges such as Uniswap.
Our instructions on the stock exchange Uniswap can be found here.
When choosing Uniswap "Link wallet" we have a few popular choices, among which MetaMask is the first.
After choosing MetaMask, we only need to confirm that the portfolio has been taken over by the stock exchange and it's ready! We can exchange tokens and ether in an extremely simple way.
If it seems difficult to you, we recommend ours complete and free cryptocurrency training!
Enjoy using MetaMask 🙂