What is MetaMask? A look at the key takeaways

MetaMask is a crypto wallet that has been developed for storing crypto tokens that are built on the Ethereum blockchain. Apart from storing ETH or ERC 20 tokens, the platform provides you with a safe and simple way to access a wide range of blockchain applications and make an exploration of the Web3 world. Millions of users from across the world are already using this wallet after MetaMask extension and have been buying, storing, sending, and swapping tokens through it. One of the most worthy reasons why people use it is because you can maintain complete anonymity through it.

What is the downside of MetaMask?

Though MetaMask has proved to be a useful tool, there surely are some downsides attached to it. Hence, before I tell you about the way to set up this wallet or get started with it, I would like you to take a look at its negative points:

• Being a hot wallet, it surely makes us concerned about the security of our funds which means we cannot trust it completely for the safe storage of our crypto assets and we might need to connect it with a hardware device for more security
• Apart from that, the wallet does not allow us to store crypto tokens other than the ones that are built on the Ethereum blockchain which means, the wallet is not suitable for holding Bitcoin etc.
• Some users also find this point a little disappointing that it does not come with a multi-platform support

How to get started with MetaMask wallet?

To set up your own MetaMask login credentials, it is important for you to understand the fact that you have installed the MetaMask browser extension or MetaMask wallet app on your device. So, if you have not done that already, you can do it now by following the steps explained below:

1. Navigate to the official web portal of MetaMask which is accessible via Download MetaMask | Blockchain wallet app and browser extension
2. After this, you can select the "Download" option or click on the direct download button
3. Once done with that, you can decide on which browser you wish to get the extension added
4. After making your choice, you need to follow a few easy prompts to get things done
5. On the contrary, you may choose the option to get the MetaMask wallet app installed

How to create a new wallet or log into an existing one?

If you are wondering, if you already have your  credentials then why do you need to set up the wallet, then we would like to tell you can surely import your wallet. For this, you will need your 12-word secret recovery phrase. However, if you do not have a wallet, here's how to set it up:

1. Open the wallet app or extension on your device
2. Followed by this, you may choose the option to create a new wallet
3. Then, set up your MetaMask login credentials
4. After revealing the secret recovery phrase, please back it up carefully
5. Upon following a few easy steps, your wallet would be ready for usage

The MetaMask login process explained

To sign into your MetaMask wallet, you simply need to open the metamask extension file or the wallet app on your device. Once you've done that, you'll see a blank to enter your password (only if you have been locked out) of your wallet. In it, enter the MetaMask login password carefully and then select the "Unlock" button.

Summing it up:

To summarize the read, we can say that getting started with MetaMask and continuing to use it is a completely easy process. All you need to do is refer to this informative read whenever you find any hurdles on your way.

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