MetaMask

Metamask is a web wallet designed to manage, receive and transmit Ethereum and ERC-20 tokens. It works as a browser add-on compatible with Chrome, Firefox, and Brave browsers. Currently, Meta Mask has more than one million active users. It shows how much it has been accepted.

MetaMask wallet, because of its functionality, allows its users to fully interact with smart contracts and decentralized applications (DApps). In simple words, MetaMask users can interact with the Ethereum blockchain without having to load the entire blockchain.

The user interface of the Meta Mask wallet is quite intuitive for the average Ethereum user. If you are new to Ethereum, it is a little difficult for you to understand how it works. A good security feature of Metamask Wallet is that it automatically blocks suspicious websites when used.

This wallet was produced by Aaron Davis and Dan Finlay (2016). Its main purpose was to facilitate the process of working in the Ethereum base. The company is headquartered in the United States.

Coins supported in the Metamask

Metamask Wallet supports Ethereum and all ERC-20 tokens. You can add other tokens by searching for the password, where you must provide the exact token address, symbol, and exact decimal point.

Fees and expenses of Metamask Wallet

You need a small amount of Ethereum to start trading with this wallet. These transaction costs are adjusted based on the network. You have three options: slow, medium, and fast. You can choose any of these depending on the speed of your transaction. Metamask also sets custom costs that can be set by clicking on "Advanced Options". Keep in mind that setting a ridiculously low cost may mean that your transaction will never be completed.

Transaction costs are usually measured in Giga Wei or Gwei and then allocated to miners in the network.

Metamask price

This wallet is free and can be installed as an add-on on all three browsers: Chrome, Firefox, and Brave. After that, your wallet is ready to use.

Security

This wallet does not have access to your personal information. However, the same cannot be said for the browser you are using. In other words, because you need a browser to use your wallet, the browser collects the data, and the Metamask accesses it.

As an HD wallet, you can create new addresses for each transaction. As a result, no one can track a particular transaction in your wallet.

The interesting thing about Metamask Wallet is that this brand produces a large number of products such as clothes, mugs, hats, etc, and prints its logo and brand name on them and sells them.