How to use Metamask - Beginner's Tutorial / Animation
Metamask is considered to be one of the safest online crypto wallets. In this video Metamask tutorial, we will see how to use the Metamask wallet, how to install the Metamask Chrome Extension, and how to transfer money from Binance to Metamask and from Metamask to Binance.
So check out our Metamask guide as we navigate how to use the Metamask app.
We’ll also leave in the description below a link for downloading the Metamask Google Chrome version, as it is the most popular option.
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The main topics of the video are:
▶ How Do You Install Metamask on Your Browser?
▶ How Do You Create a Metamask Account?
▶ How To Transfer Your Funds In Your MetaMask Account?
▶ How To Interact With a Decentralized Exchange Using Metamask?
▶ Conclusions
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🟡 How Do You Install Metamask on Your Browser?
Metamask is a free digital wallet that you can install as a browser extension or mobile app in order to interact with the Ethereum network, but also with Binance Smart Chain or other layer 2 networks.
Metamask lets you send or receive digital assets but also to make direct transactions within the app.
🟡 How Do You Create a Metamask Account?
Now that the app is installed, we have two options: import an already existing wallet or create a new one.
We’ll go with the second option, create wallet. Click on I agree and now we are at the point where we need to set a password that we’ll use everytime we need to log in.
The next step is the page where we receive our seed phrase. In short, this seed phrase is extremely important as we will use it when we want to import the Metamask account on any other device or if we want to recover our account.
🟡 How To Transfer Your Funds In Your MetaMask Account?
For this step, I’ll use Binance as an example for transfering cryptocurrencies in the Metamask account, but you can use plenty of other exchanges or digital wallets.
So let’s open the Binance account.
In the Wallet, Fiat and Spot section, click on Withdraw. You will need to transfer Ether for Metamask so choose ETH from the list.
🟡 How To Interact With a Decentralized Exchange Using Metamask?
Now that we have Ether in our Metamask account, we can use it to purchase any other ERC20 token, either directly using the swap option of the app, or by interacting with a decentralized exchange.
🟡 Conclusions
When navigating using Metamask we need to pay attention to the websites that ask to connect to our wallet, meaning we have to make sure we don’t access a duplicate website with an address similar to the real one which could gain access to our password.
Even if we are talking about one of the safest wallets that are Internet connected, it is also up to us to take some extra cautionary steps.
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CHAPTERS –
0:00 How Do You Install Metamask on Your Browser?
1:02 How Do You Create a Metamask Account?
2:22 How To Transfer Your Funds In Your MetaMask Account?
3:32 How To Interact With a Decentralized Exchange Using Metamask?
7:00 Conclusions
7:33 Outro
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⛓️ 🔗 Useful Links 🔗⛓️
►https://metamask.io/faqs/
► / metamask
►https://chrome.google.com/webstore/de...
► / how-to-use-the-metamask-wallet
►https://www.businessinsider.com/metam...
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