Cryptocurrencies are traded everywhere. It is the best way to earn extra income from your saved money. But it does not mean that you should invest all the money you have saved whose loss you cannot bear. Also before investing in any of the cryptocurrencies or using any crypto exchange, you should do proper research on it. Hence, doing research is a mandatory procedure for you.
The following article is about what are the perks of using MetaMask, how you can download MetaMask, and many other things. So without wasting any more minutes let's continue with our article.
Perks of MetaMask
Before we begin to know about the downloading and setting up process, you must know about the reasons for using it:
- Data Ownership
Everyone wants to keep their data secure. So what's more secure than storing your data at a place where only you can access it? MetaMask Chrome only allows the account owners to view the account data.
- Adjusting Gas fees
The fees which are required to be paid for executing the transactions can be paid accordingly by the users on the basis of the time period the transactions should be completed. If it is not required to be completed now, then you can pay low fees for it and vice versa.
- Security
Since it is a decentralized application, only the account owners have the power to access their account, and no one else including MetaMask itself. Your private information is not even stored on the platform.
How to Download MetaMask Chrome ?
Now this section will give you a step-by-step guide for downloading MetaMask Extension on your computer and its mobile application. So let's get to know about these procedures:
Installing of MetaMask for Chrome
Assuming that you are using Google Chrome as your browser extension we will be discussing the download procedure for Chrome. Given below are the steps of it:
- Go to the Chrome Web Store.
- In the search box, type MetaMask Extension.
- Now press the button ‘Add to Chrome’ given on the screen.
- Wait till the extension is installed.
- Then in the top right corner of your screen, the icon of MetaMask will be displayed.
After pressing on the icon, your MetaMask Chrome will be available to use. Now you can create your account by following the instructions given on the screen or continue reading this article and we will explain about it.
MetaMask for Mobile
If any user wants to trade by using the mobile application, then they can also do it. Given below are the steps of it:
- Open the Play Store (for Android users) or App Store (for iPhone users.)
- Search for MetaMask.
- Then tap the install button.
- After a few minutes, its downloading and installing procedure will be completed.
To create a new account or to import any existing wallet just follow the prompts shown.
Create a new Wallet process
Creating a new account on MetaMask Chrome is an easy-going process. And we will be guiding you throughout this process after completing the steps to Download MetaMask.
- Open MetaMask.
- Click on ‘Create New Wallet’.
- Fill out the form with complete and correct details. Details such as full name, phone number, and email address will be asked.
- In the next step, create a strong password for the account.
- Now, you will be given the chance to store the account’s Secret recovery phrase.
And that’s it, your account has been created and is ready to use.
Summing it Up
We tried to mention all the reasons why to download MetaMask but we couldn’t cover all of them. A few more of them are good customer service that responds to the queries raised by the customers in a short period of time. Communication with other networks like Ropsten Test Network, Main Ethereum Network, and Kovan Test Network is also possible. Users can add a priority fee to their transaction if they want MetaMask to prioritize their transaction. To know more about MetaMask you can refer to the official website of it. So to sum it all up, we can say that MetaMask Chrome is recommended to use if you are a newbie or even if you are a professional.
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