Guide: All about Metamask [2022]22 min read

MetaMask is a hot/active wallet, meaning that the asset’s wallet must be connected to the internet to fully access its functions on the web. This is a cross-custodial crypto wallet that can store excellent crypto projects safely without worrying about possible security compromises. All you need to store your assets safely on MetaMask is your generated passcodes, which are only known to you alone.

Guide on the Safest Way to Connect MetaMask with Ledger Hardware Wallet

MetaMask is arguably the most prominent crypto wallet, compatible with Android and iOS. It can be used as an extension on web browsers, including Chrome, Firefox, Brave internet, etc.MetaMask has an icon of a fox’s face.

This is a cross-custodial crypto wallet that can store excellent crypto projects safely without worrying about possible security compromises. All you need to store your assets safely on MetaMask is your generated passcodes, which are only known to you alone.

It is a hot/active wallet, meaning that the asset’s wallet must be connected to the internet to fully access its functions on the web. Benefits of a hot wallet include ease of use of dApps. But these wallets can come at an extra cost, which shouldn’t be a biggie should you value the security of your assets more.

The uses of MetaMask include:

  • Trade NFTs
  • Yield farming
  • Play blockchain-based games in times of boredom or in leisure times
  • Borrow assets with relatively low-interest rates
  • Play
  • Subscribe to NFT and cryptocurrency airdrops

Risk of Using Hot Wallets Like MetaMask

Yes, hot wallets need internet connections to access their functions fully, but you must understand that not everything online is completely secure. It is no breaking news that not even prominent systems with a high level of security are not 100% solid and invulnerable to breaches, cyber thefts, and scams.

Can you connect Metamask to cold wallets?

With the obvious risk of using MetaMask pointed out, you might wonder how to use the crypto wallet without compromising your wallet and probably losing your assets. The best way to shield yourself from possible risks is to have your private keys stored offline in a cold wallet.

Fortunately, there is nothing any cyberpunk can do to take your assets from your wallet without these private keys. Ledger Nano is one of the recommended cold wallets you can use, and it is just superb in combo with MetaMask. Read through to learn how to connect these two wallets to ensure utmost security.

  • While you have your MetaMask wallet open on your Ledger Nano cold wallet to your PC via a USB cable
  • Click on the drop-down icon in the top-right corner of your MetaMask wallet and hit the “connect hardware wallet” command.
  • Click “Continue” and give the MetaMask wallet a few moments to check for the available cold wallet you wish to connect to.
  • Ensure your Ledger Nano wallet is unlocked to enable the MetaMask wallet to find it
  • Choose your ledger wallet of choice and start to transact safely

How to avoid (or reduce) gas fees as a Metamask user?

Guide on How To Connect MetaMask Wallet to The Avalanche Network.

More crypto traders are becoming disgruntled by the high ETH GAS rates, and they seek alternatives. The good news is that there are indeed some alternatives to the Ethereum network, and these options include Binance Smart Chain (BSC), Polygon, and Avalanche, which we will discuss in this article.

You must first have a compatible wallet to use these alternatives, and a MetaMask wallet is just perfect. MetaMask wallet is a cross-custodial crypto wallet that can be used to store excellent crypto projects safely without having to worry about possible security compromises. 

What is Avalanche Network?

Avalanche network, also known as AVAX, is a blockchain platform launched in 2020 by Ava Labs. To the delight of crypto traders, the Avalanche network offers high trading speed, and, unlike the Ethereum network, the GAS rate is relatively low.

The Avalanche network is distinct from other platforms, and it achieves this distinction by utilizing three blockchains: X-Chain, P-Chain, and C-Chain. Each of these unique blockchains has its set of functions, making the Avalanche network more scalable and faster.

Connecting Avalanche network to MetaMask

The benefits are there for every crypto investor and trader to see. Ensuring everything is in place to take full advantage is the challenge here. But, if you follow through with these judiciously-selected steps, you will run the Avalanche network smoothly. Let’s go!

Download MetaMask

The first step is to simply download and install the MetaMask wallet, which is compatible with Android and iOS, or you can have it as an extension on a web browser, like Chrome, Brave internet, and Firefox. After installation, open and sign in to your wallet.

Add Avalanche Network to your MetaMask Wallet

Signed in, click on the drop-down menu at the top-right corner to see the “add network” command. Click on it and use the following configuration:

  • Network Name: Avalanche network
  • New RPC URL: https://api.avax.network/ext/bc/C/rpc
  • String ID: 0xa86a
  • Symbol: AVAX
  • Explorer: https://cchain.explorer.avax.network/

After using the configuration, click “save,” and this will have your Avalanche network added to your MetaMask wallet.

The Best Way to Connect MetaMask to OpenSea

The Best Way to Connect MetaMask to OpenSea

The increasing growth, from various tokens to exchanges, in the crypto space has birthed different degrees of innovation, which is to the delight of crypto investors and traders. For instance, NFTs have grown significantly over the years and the rate at which people mint, buy, or sell increases daily. As a result, NFTs have played an integral role in pushing the Ethereum network to the limelight.

There are far too many NFTs projects on the market, but before you can participate, you must create an Ethereum-based wallet like the trusted one, MetaMask. With a MetaMask wallet and an OpenSeaaccount, one of the world’s leading NFTs marketplace, you must connect them to ensure security.

This article will concisely explain what a MetaMask wallet and an OpenSea account mean and give you a few steps to connect them for a better user experience. Let’s go!

The first step to using is downloading and installing the MetaMask app from the content store or finding its extension online to add to your web browsers. Launch the app after the installation and fill in your correct details as required.

A secret recovery phrase is generated while you sign up. We recommend that you write the phrase out somewhere safe. You must not lose this secret phrase, which is important for asset withdrawals. Once the form is filled, and the secret phrase is kept safe, go on to fund your MetaMask wallet with Ethereum.

What is OpenSea?

OpenSea, which was launched in 2017 and based on the Ethereum Blockchain, is the world’s largest and pioneer NFTs marketplace. Many venture investors and big corporations have backed the marketplace, including 3LAU, Tim Ferris, and Mark Cuban. NFTs, which can be anything digital, are becoming more popular. An NFT can’t be changed, and each one is one-of-a-kind.

How to connect MetaMask with OpenSea

To mint, buy, and sell NFTs, you must have an Ethereum-based wallet like the trusted MetaMask, a hot/active wallet that conducts transactions with no glitches. It is more effective and secure when using a cold wallet. MetaMask works perfectly with OpenSea, and it is so easy to set up.

Download MetaMask

The first step is to simply download and install the MetaMask wallet, which is compatible with Android and iOS, or you can have it as an extension on a web browser, like Chrome, Brave internet, and Firefox. After installation, open and sign in to your wallet.

Create an OpenSea Account

Go to OpenSea.io, click on “My Account,” and sign up. After signing up, you will be asked to attach your MetaMask wallet, which is exactly what we want to achieve. Once this wallet is attached, sign in, and OpenSea will establish an unnamed account for you, which you can customize with a username, contact information, and a profile image.

Once this is done, it shows that you have successfully linked your MetaMask wallet to your OpenSea account. Now you can trade safely on the biggest NFT marketplace.

Steps on How to Connect MetaMask to Crypto.com

Steps on How to Connect MetaMask to Crypto.com

Crypto.com and MetaMask are platforms dedicated to buying, selling, securing, and storing crypto assets.Crypto.com is more popular than the MetaMask wallet, a useful tool for crypto traders and investors to save their assets securely.

What is Crypto.com?

Crpto.com is an exchange platform founded in 2016 by Kris Marszalek. The goal was to present crypto investors with a platform to buy, pay bills, spend, earn, trade, sell, hold and borrow crypto assets.

Unlike some other crypto platforms that run on the Ethereum network, Crpto.com has its network, Cronos, an Ethereum virtual machine compatible with EVM MetaMask.

How to Connect MetaMask with Cronos

Download MetaMask

The first step is to simply download and install the MetaMask wallet, which is compatible with Android and iOS, or you can have it as an extension on a web browser, like Chrome, Brave internet, and Firefox. After installation, open and sign in to your wallet.

Link MetaMask to Cronos

Having signed in, click on the drop-down menu at the top-right corner to see the “add network” command. Click on it and use the following configuration:

  • Network name: Cadena Cronos
  • New RPC URL: https://evm-cronos.crypto.org
  • Channel ID: 25
  • Symbol: CROS
  • Block Explorer URL: https://cronos.crypto.org/explorer/

After using the configuration, click “save,” and you must have connected your MetaMask wallet to the Cronos network.

How To Withdraw Money from MetaMask to A Bank Account

How To Withdraw Money from MetaMask to A Bank Account

A MetaMask wallet is secure, particularly when used alongside a credible cold wallet like the Ledger Nano. As a crypto trader or investor, you must know that you will not be able to sell your Ethereum asset on MetaMask unless you use one of the prominent exchanges, like KuCoin, Binance, and more.

Read through to learn how to safely convert your MetaMask wallet asset into money in your bank account.

How To Withdraw from MetaMask to Your Bank Account

It is straightforward to withdraw your Ethereum asset safely and convert it into money in your bank account. Let’s get down to the steps involved.

Sign Up for a Binance Account

You can use many credible exchanges, but Binance is the most recommended, as many investors have used and given good feedback about it. Go to Binance.com and use the “Register Now” button to sign up. After signing up, go on to verify your ID to have full access to Binance resources and functions.

Copy your Ethereum Address on Binance

While you are signed in, click on “Wallet,” then “Fiat and Spot,” to access your fiat and spot wallet. To see your Ethereum wallet, you can either scroll down from here or simply use the search glass by typing in “ETH,” then click on it when it pops up.

Click on “Deposit,” then choose “ERC20,” as it has the lowest gas fee. On clicking on this, your Ethereum wallet is revealed, and you can then make your deposit.

Fund your Binance Wallet with MetaMask Ethereum Asset

Sign in to your MetaMask wallet and paste the copied Ethereum wallet from Binance into the “Search, public address (0x) or ENS” field to receive the deposit. You must have selected “ETH” in the “Asset” field.

Sell your Ethereum (ETH) on Binance

When your asset lands in your Binance wallet, the next thing is to convert it to real money in your bank account. On the Binance platform, select “ETH” in the “Asset” field, click on “Sell,” and choose the currency you want to receive in the “Receive” field.

Withdraw Your Funds from Binance to Your Bank

After selling your Ethereum for fiat currency, you can have the money in your bank account by simply using the “Wallet” button followed by the “Fiat and Spot” button to access your fiat and spot wallet. Then you click on the “Withdraw” command to withdraw.

Hit “Continue” and complete the security checks to finalizing your withdrawal, which takes about 5 minutes.

Guide on How to Add USDT to MetaMask

Guide on How to Add USDT to MetaMask

Being a crypto enthusiast or investor, it is always advisable to have your asset be a Tether coin, arguably the most stable of all cryptocurrencies on the market. You would want to ask why, but the answer is simple enough. Tether coin is always worth $1.00 (1 to 1 corresponding fiat coin), stabilizing crypto valuation.

How to Add USDT to MetaMask

Copy the USDT contract address

Depending on the exchanges you decide to use, locate the USDT coin and copy the contract address.

Log Into your MetaMask Wallet

After you must have copied your USDT address, log into your MetaMask wallet to commence the addition process.

Hit the “Import Token” Command Button

On the MetaMask Wallet, ensure to select the “Ethereum Mainnet” network and then proceed to import USDT by clicking on the “import Token” button, which will redirect you to the “Search” and “Custom Token” segments.

To begin, click the “Custom Token” segment, and three fields, “Token Contract Address,” “Token Symbol,” and “Decimal Token,” will appear. Simply paste your USDT address into the “Token Contract Address” section. Then, the remaining fields will fill in automatically after you paste the USDT address. Finally, click the “Add Custom Token” command button To add USDT to your MetaMask wallet.

Guide On How to Add MetaMaskto Fantom (FTM) Network

Fantom

Many crypto investors are running away from the Ethereum network to other DeFi networks, such as Arbitrum, Avalanche, Polygon, Binance Smart Chain, etc., because of high gas fees and occasional slow confirmation times.

The FTM network is a DeFi blockchain platform that offers investors an opportunity to earn money by staking their tokens, yield farming, and liquidity mining. To reap this glorious benefit, you need to add your MetaMaskto Fantom (FTM) Network.

Read through to learn how to add your MetaMaskto Fantom (FTM) Network.

How to Add Your MetaMaskto Fantom (FTM) Network

Follow these steps strictly to add your MetaMask to Fantom (FTM) Network.

Download MetaMask

The first step is to simply download and install the MetaMask wallet, which is compatible with Android and iOS, or you can have it as an extension on a web browser, like Chrome, Brave internet, and Firefox. After installation, open and sign in to your wallet.

Add MetaMask to the FTM Network

Click on the “Main Ethereum Network” and select “Custom RPC” at the bottom of the list, which opens a list of network windows to add MetaMask. Select “New Network” and customize with the following configurations.

  • Network-Name: Fantom Opera
  • New RPC URL:https://rpc.ftm.tools/ or https://rcopi.fantom.red
  • Channel ID: 250
  • Symbol: FTM
  • Block Scanner URL:https://ftmscan.com/

Hit the “Save” command button after inputting these above details. This will automatically add your MetaMask wallet to the FTM network. If it doesn’t, click on the “Current Network” at the top of the MetaMask wallet and select “Fantom Opera” to manually add your wallet to the network.

Guide on How to Transfer BNB from Binance to MetaMask

Binance (BNB)

A MetaMask wallet is a big plus for crypto and NFT investors, as it is instrumental to working with game-specific coins, tokens, and currencies. This content will tell you what BNB means in the crypto space and how to transfer the asset from Binance to your MetaMask wallet.

What is Binance and BNB?

Binance is one of the largest exchanges in the crypto space due to the daily trading volume. This is a credible platform with nearly 100% security over your assets. Binance has its own blockchain, known as BNB, optimized for relatively fast trading.

Several cryptos and NFT gaming sites have adopted BNB as their default gaming currency due to its optimized nature and other benefits, thanks to Binance Smart Chain (BSC).

How to Transfer BNB from Binance to MetaMask

The first step to transferring BNB from Binance to your MetaMask wallet is to ensure your wallet is configured for the Binance Smart Chain network.

Connect MetaMask to Binance Smart Chain Network

Open your MetaMask wallet and go to the “Settings” page. Click on the “Network” tab, then “Add Network.” Configure your MetaMask wallet to use the BSC network by using the following configuration:

  • Network name: Binance Smart Chain
  • New RPC URL: https://bsc-dataseed.binance.org/
  • ID: 56
  • Symbol: BNB
  • Scanner URL: https://bscscan.com

Click on “Save” and go back to the main dashboard.

Transfer BNB from Binance to MetaMask

Go to the MetaMask dashboard and copy the BNB address. Then, log in to your Binance account to initiate the withdrawal. In the Address tab, enter the wallet address you copied from MetaMask.

Before clicking on the “Withdraw” command button, you must double-check if you’ve successfully configured your MetaMask wallet to run on the BSC network. If yes, withdraw and complete the process of BNB transfer.

What is Infura, and Why Does MetaMask use It?

Infura

Infura is the blockchain network MetaMask uses to send and receive information. In other words, it provides an endpoint for Ethereum API. Ethereum and other blockchains have their networks, and crypto investors consider their options to pick the best with the lowest gas fees.

In a broader sense, Infura provides an endpoint that your code can “point” to so that your requests to receive or record information can still reach the network. And, of course, they return the information you requested.

Why Does MetaMask Use Infura?

The Infura network is one feature that gives the MetaMask unparalleled reliability and availability; therefore, the wallet has always used it as its terminal provider. Additionally, the blockchain traffic increases as each day pass, and there is a higher expectation from MetaMask users to be able to send and receive requests from the blockchain without any interruption.

A Step-by-Step Guide to Using the MetaMask Chrome Extension.

Metamask and Chrome extension

MetaMask is arguably the most prominent crypto wallet, compatible with Android and iOS. It can be used as an extension on web browsers, including chrome, Firefox, Brave internet, etc. MetaMask has an icon of a fox’s face. 

How to Set Up MetaMask Chrome Extension

Download MetaMask

The first step is to simply download and install the MetaMask wallet, which is compatible with Android and iOS, or you can have it as an extension on a web browser, like Chrome, Brave internet, and Firefox. After installation, open and sign in to your wallet.

Set up MetaMask Extension

Launch and sign up for an account upon downloading and installing the MetaMask extension on your browser. Click on “Next” and accept the terms of use. More importantly, click on the “Reveal Secret Words” and write them down for safe-keeping.

Deposit Funds

After setting up your account on the Chrome extension, proceed to fund your account from anywhere you want. If you feel your password is compromised in any way, you can always go back to reset it.

Guide on How to Connect the Polygon Network to Your MetaMask Wallet

Polygon

Due to the high gas fee and occasional slow confirmation times, many crypto investors are either running away from the Ethereum network to other DeFi networks or seeking alternatives to reduce the steep price hike. This is where MetaMask comes into play.

This article concisely explains what the polygon network means and how it can be added to the MetaMask wallet for optimum benefits.

What is Polygon Network?

The polygon network is a protocol used in creating and connecting blockchain-enabled networks. This network aims to address other blockchain’s downsides, such as slow confirmation times, high gas fees, etc., without sabotaging assets’ security.

How to Connect the Polygon Network to Your MetaMask Wallet

Before connecting the polygon network to your MetaMask wallet, please ensure you have your private keys backed up should anything go wrong. Follow the steps below to link your wallet to the polygon network.

Download MetaMask

The first step is to simply download and install the MetaMask wallet, which is compatible with Android and iOS, or you can have it as an extension on a web browser, like Chrome, Brave internet, and Firefox. After installation, open and sign in to your wallet.

Connect to the Polygon Network

Sign in to your MetaMask wallet and click on the “Ethereum Maninnet” just at the top. Scroll down the options and click on “Add Network.”Use the following configurations to connect to the polygon network.

  • Network Name: Central Polygon Network
  • New RPC URL:https://polygon-rpc.com
  • Channel ID: 137
  • Symbol: MATIC
  • Block Explorer URL:https://polygonscan.com/

After inputting these configurations, click on “Save” to effect this change.

Guide on How to connect MetaMask to any network

Guide on How to connect MetaMask to any network

MetaMask is a cross-custodial crypto wallet that can store excellent crypto projects safely without worrying about possible security compromises.MetaMask is compatible with both Android and iOS. It can be used as an extension on web browsers, including chrome, Firefox, Brave internet, etc. MetaMask has an icon of a fox’s face. 

How to Connect MetaMask to Any Network

The first step to every connection is simply downloading and installing the MetaMask wallet, which is compatible with Android and iOS. You can have it as an extension on a web browser, like Chrome, Brave internet, and Firefox. After installation, open and sign in to your wallet.

Connect With Binance Smart Chain

Open your MetaMask wallet and go to the “Settings” page. Click on the “Network” tab, then “Add Network.” Configure your MetaMask wallet to use the BSC network by using the following configuration:

  • Network name: Binance Smart Chain
  • New RPC URL: https://bsc-dataseed.binance.org/
  • ID: 56
  • Symbol: BNB
  • Scanner URL: https://bscscan.com

Click on “Save” and go back to the main dashboard.

Connect With Huobi ECO Channel

Use the following configurations:

  • Network name: use any name you wish to
  • New RPC URL:https://http-mainnet.hecochain.com
  • Channel ID: 128
  • Currency symbol: HT
  • Block Explorer URL: https://hecoinfo.com

Connect With Polygon Network

Sign in to your MetaMask wallet and click on the “Ethereum Maninnet” just at the top. Scroll down the options and click on “Add Network.” Use the following configurations to connect to the polygon network.

  • Network Name: Central Polygon Network
  • New RPC URL:https://polygon-rpc.com
  • Channel ID: 137
  • Symbol: MATIC
  • Block Explorer URL:https://polygonscan.com/

After inputting these configurations, click on “Save” to effect this change. 

Connect With Fantom Opera

Click on the “Main Ethereum Network” and select “Custom RPC” at the bottom of the list, which opens a list of network windows to add MetaMask. Select “New Network” and customize with the following configurations.

  • Network-Name: Fantom Opera
  • New RPC URL:https://rpc.ftm.tools/ or https://rcopi.fantom.red
  • Channel ID: 250
  • Symbol: FTM
  • Block Scanner URL:https://ftmscan.com/

Hit the “Save” command button after inputting these above details.

Connect With Expanse Network

Use the following configurations:

  • Network name: use any name of choice
  • New RPC URL:https://node.expanse.tech
  • Channel ID: 2
  • Currency Symbol: EXP
  • Block Explorer URL: https://expanse.tech

Connect With Ubiq Network

Use the following configurations:

  • Network name: use any name of choice
  • New RPC URL:https://rpc.octano.dev
  • Channel ID: 8
  • Currency Symbol: UBQ
  • Block Explorer URL:https://ubiqscan.io

Connect With Metadium

Use the following configurations:

  • Network name: use any name of choice
  • New RPC URL: https://api.metadium.com/prod
  • Channel ID: 11
  • Currency Symbol: META
  • Block Explorer URL:https://metadium.com

Connect With EOS

Use the following configurations:

  • Network name: use any name of choice
  • New RPC URL:https://api.eosargentina.io
  • Channel ID: 59
  • Currency symbol: EOS
  • Block Explorer URL:https://bloks.eosargentina.io

Connect With GoChain

Use the following configurations:

  • Network name: use any name of choice
  • New RPC URL: https://rpc.gochain.io
  • Channel ID: 60
  • Currency symbol: IR
  • Block Explorer URL:https://explorer.gochain.io

Connect With IoTeX

Use the following configurations:

  • Network name: use any name of choice
  • New RPC URL:https://babel-api.mainnet.iotex.io
  • Channel ID: 4689
  • Currency Symbol: IOTX
  • Block Explorer URL:https://iotex.io