How to Set Up a MetaMask Wallet
I will take you through the process of: downloading and installing a MetaMask wallet, adding different networks to MetaMask and how to add and import tokens to your MetaMask wallet
What is a Metamask Wallet?
MetaMask allows users to store and manage account keys, broadcast transactions, send and receive Ethereum-based cryptocurrencies and tokens, and securely connect to decentralized applications through a compatible web browser or the mobile app's built-in browser
MetaMask allows users to store and manage account keys, broadcast transactions, send and receive Ethereum-based cryptocurrencies and tokens, and securely connect to decentralized applications through a compatible web browser or the mobile app's built-in browser
The first thing you need to do is download the MetaMask wallet
from here ---> Download MetaMask. Once on the screen click the download button, followed by clicking Install MetaMask for: Chrome, Android or IOS.
from here ---> Download MetaMask. Once on the screen click the download button, followed by clicking Install MetaMask for: Chrome, Android or IOS.
MetaMask has an app for both Android and Apple. Otherwise, they are downloaded as extensions for Microsoft Edge, Brave, Firefox and Google Chrome.
Once the download is complete you will be taken through the set up process. The most important part of this process is the 12 word seed phrase that you should write down and keep somewhere safe.
After you create your MetaMask password you will be shown your 12 word seed phrase. Please remember to never share your MetaMask secret phrase with anyone as they could gain access to your cryptocurrency and if you lose this phrase you lose access to your MetaMask wallet.
Congratulations as you're now ready to move onto how to add a Network to your MetaMask wallet.
How to Add a Network to MetaMask
There are several different networks cryptocurrency projects may run off of. The Ethereum Mainnet will be on MetaMask by default, to add other networks to MetaMask please follow the instructions below.
Click the “Ethereum Mainnet” button beside MetaMask’s Logo, then click “Add Network”, that should bring you to this screen below:
Next you need to fill in the Network Name, RPC URL, Chain ID, Currency Symbol & Block Explorer URL before you can add the network to your MetaMask wallet.
Below I have added a list of common networks used:
1. How to add the Polygon Network (Matic)
For Copy Pasting:
Network Name: Polygon Mainnet
RPC URL: https://polygon-rpc.com/
Chain ID: 137
Currency Symbol: MATIC
Block Explorer URL: https://polygonscan.com/
Network Name: Polygon Mainnet
RPC URL: https://polygon-rpc.com/
Chain ID: 137
Currency Symbol: MATIC
Block Explorer URL: https://polygonscan.com/
2. How to add the Binance Smart Chain (BNB)
For Copy Pasting:
Network Name: Binance Smart Chain
RPC URL: https://bsc-dataseed.binance.org/
Chain ID: 56
Currency Symbol: BNB
Block Explorer URL: https://bscscan.com
Network Name: Binance Smart Chain
RPC URL: https://bsc-dataseed.binance.org/
Chain ID: 56
Currency Symbol: BNB
Block Explorer URL: https://bscscan.com
3. How to Add the Avalanche Network (AVAX)
For Copy Pasting:
Network Name: Avalanche Network
RPC URL: https://api.avax.network/ext/bc/C/rpc
Chain ID: 43114
Currency Symbol: AVAX
Block Explorer URL: https://cchain.explorer.avax.network/
Network Name: Avalanche Network
RPC URL: https://api.avax.network/ext/bc/C/rpc
Chain ID: 43114
Currency Symbol: AVAX
Block Explorer URL: https://cchain.explorer.avax.network/
4. How to Add the Fantom Opera Network (FTM)
For copy pasting:
Network Name: Fantom Opera
RPC URL: https://rpc.ftm.tools/
Chain ID: 250
Currency Symbol: FTM
Block Explorer URL: https://ftmscan.com/
Network Name: Fantom Opera
RPC URL: https://rpc.ftm.tools/
Chain ID: 250
Currency Symbol: FTM
Block Explorer URL: https://ftmscan.com/
The last step you will need to take before you can begin to explore the different ways to make money with cryptocurrency is to add and import tokens into your Meatmask wallet.
How to Add and Import Tokens to MetaMask
In this section I will cover how to add and import tokens into your MetaMask wallet through a simple, step-by-step process. Ether (ETH) is already added to your MetaMask by default.
To add tokens to your MetaMask wallet, go to the main MetaMask account page and click on the assets tab, where you'll see "Import Tokens" at the bottom.
To add tokens to your MetaMask wallet, go to the main MetaMask account page and click on the assets tab, where you'll see "Import Tokens" at the bottom.
There are two ways to add a trusted token to Metamask:
1. You have the token contract address, from whatever token you are interacting with in which ever ecosystem, fill it into “Token Contract Address” and click “Add Custom Token” and you’re done.
2. If the token is listed on either CoinMarketCap or CoinGecko, you can go to its listing page, and click the Metamask logo beside the contract address, to directly add it to your Metamask.
You're now ready to start earning money with cryptocurrency!
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Disclaimer
Before using this site, please make sure that you note the following important information:
Do your Own Research
My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on my Website and wish to rely upon, whether for purposes of making an investment decision or otherwise.
Before using this site, please make sure that you note the following important information:
Do your Own Research
My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on my Website and wish to rely upon, whether for purposes of making an investment decision or otherwise.