Home > A Beginner’s Guide to MetaMask

A Beginner's Guide to MetaMask

Everywhere you look in the world of tech today, the term ‘crypto’ garners headlines in almost any discussion. Industry experts are hailing crypto as the next big thing in the domain of finance and technology in general. While cryptocurrency popularity continues to soar higher, people and institutions are eager to purchase cryptocurrencies. This is where you would come across the need for trustworthy solutions to store your cryptocurrencies.

In this lesson, you will learn what is a wallet and how you can use it to to buy, sell or transfer assets in the cryptographic world.

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Lesson 1

Custodial vs. Non-Custodial Wallets

A crypto wallet is your personal key to transact with a blockchain.

Now, you would come across two distinct options, such as custodial and non-custodial wallets, in your search for a reliable crypto wallet. How are these wallets different from each other? Do they allow easy access to your cryptocurrencies and assets? Will they offer secure storage for your crypto?

Let us find the answers to these questions in this lesson.

Lesson 2

What is Metamask?

MetaMask is a wallet for the most diverse blockchain in existence – Ethereum. It is your gateway to its DeFi ecosystem, non-fungible tokens (NFTs), ERIC-20 tokens, and practically – everything Ethereum.

In 2017, a popular decentralized application (dapp) CryptoKitties crashed the Ethereum blockchain with 1.3 million transactions. But since then, user numbers have dwindled into the hundreds. For many users, dapps are just too difficult to use. And that’s where MetaMask comes into the picture.

In this lesson, we will dive deep to find out how MetaMask is lowering the barrier of entry to the wonderful world of dapps and bringing the decentralized web to the mass market.

Lesson 3

Create a MetaMask Wallet

Though it might seem complicated from the outset, MetaMask is one of the simpler Ethereum wallets and dapp browsers to use, and can be set up in a couple of minutes in most cases.

To use MetaMask, you will need either Chrome, a Chromium-based browser such as Brave, or Firefox. In this lesson, you will learn the step-by-step process to start using Metamask.

Quiz

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