MetaMask - Blockchain Wallet

1. What is MetaMask?

MetaMask is a digital wallet and browser extension that allows users to manage their cryptocurrency assets, interact with decentralized applications (dApps), and securely make transactions on the blockchain.

2. How do I set up MetaMask?

Setting up MetaMask is easy. Simply download the MetaMask app, create a new wallet or import an existing one, set a password, and store your recovery phrase in a safe place. Follow the on-screen instructions to get started.

3. Can I use MetaMask on mobile?

Yes, MetaMask is available as a mobile app for both iOS and Android, allowing you to manage your assets, interact with dApps, and make transactions on the go.

4. Is MetaMask free to use?

Yes, MetaMask is free to download and use. However, transaction fees (called “gas fees”) may apply when interacting with blockchain networks.

5. How secure is MetaMask?

MetaMask provides high-level security by using a secure key vault, which stores your private keys on your device. You control your passwords and keys, ensuring only you have access to your assets. Always remember to back up your recovery phrase and never share it with anyone.

6. Can I import my existing wallet into MetaMask?

Yes, if you already have a wallet on the desktop version of MetaMask, you can easily import it into the mobile app by using your 12-word recovery phrase or private key.

7. What cryptocurrencies can I store in MetaMask?

MetaMask supports Ethereum (ETH) and Ethereum-based tokens (ERC-20 tokens). You can also add other blockchain networks, such as Binance Smart Chain or Polygon, and manage assets from those chains.

8. How do I send and receive digital assets with MetaMask?

To send assets, select the “Send” option within the app, enter the recipient’s address, and confirm the transaction details. To receive, simply share your wallet address with the sender, or scan a QR code.

9. What are decentralized applications (dApps), and how do I use them with MetaMask?

dApps are applications that run on a blockchain. You can use MetaMask to connect to dApps directly through its browser feature. Once connected, you can interact with them, trade assets, play blockchain-based games, and more.

10. What should I do if I forget my MetaMask password?

If you forget your MetaMask password, you can recover your wallet using your 12-word recovery phrase. If you do not have the recovery phrase, unfortunately, there’s no way to recover your wallet, so it’s crucial to keep it secure.