Friday, February 3

MetaMask: how to configure your wallet for cryptocurrencies and NFT | Digital Trends Spanish

“Your connection to the new website”, this is how it is described MetaMask, a cryptocurrency wallet and access to blockchain applications. If you wonder how you can configure a tool like this, then we will tell you. You will be surprised how simple it is.

The platform is it availabe as a web extension for Chrome, Firefox, Brave and Edge, and as a mobile app for iOS and Android. It also has the support of more than 21 million users around the world.

You don’t need cryptocurrencies to start using MetaMask, however, by adding some of Ethereum, mainly, it is possible to invest, trade, play and own unique digital items, for example. To obtain funds from here, you have the alternative of buying ETH with a debit card or Apple Pay.

The Swaps function, which allows the exchange of tokens, combines data from different actors in the decentralized market with the idea of ​​guaranteeing the best price.

Regarding security, you will be asked to create a recovery secret phrase in the initial configuration of your wallet, which it is recommended that you store in a safe place, such as a password manager. “It is the only way to recover your funds in case your device crashes or your browser restarts”, explains from the service.

How to configure MetaMask, your cryptocurrency wallet?

First of all, download the MetaMask web extension. For this example, the one corresponding to Chrome was installed.

  • First steps. Once the extension is added and executed, a welcome page is displayed. Click on Start and then follow the process to set the recovery passphrase (you will be prompted to enter a new password of at least eight characters beforehand). You can download the phrase with the intention of saving it on an encrypted external hard drive or storage medium.
  • Access to your account. Once your “master key” is confirmed, you will access your wallet, which has the novelty of making transactions easier to read, according to MetaMask.

The main interface of your account highlights the amount of ETH you have and the buttons to Buy, Send Y exchange.

In the icon that represents a circle in the upper right, you can import another account to access the general settings, in which it is possible to set the main currency of your choice, between ETH and fiduciary, and change the language, among other options. .

What follows, in any case, is to acquire some ETH for the purpose of interacting with decentralized applications through MetaMask.

From TNW it is noted that there are discussions about the disadvantages of the platform, some related to security risks, however, it is highlighted that it is one of the easiest wallets to configure.

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