As you start your journey into cryptocurrencies you will soon come to the realization that you need a wallet. These wallets allow you to store your chosen cryptocurrencies as well as to buy and sell them. With so many wallets to choose from, it becomes difficult to know which one to choose and which of them can be trusted.
Many users of crypto have started to take advantage of online casinos that accept this as a form of payment. What they have realized is that a top-notch wallet is a must to ensure that they can deposit and withdraw with ease. This has led to people asking the question “What is Metamask?” and this is what we’re going to look at before we consider its main advantages.
What is Metamask?
As we have already seen, Metamask is a wallet that is used for cryptocurrencies. Launched back in 2016, it provided an Ethereum wallet rather than one that is based upon Bitcoin. Those who were using Bitcoin wallets were doing so with the intention of holding the crypto rather than trading. Those using Ethereum were looking for something else.
Metamask became a portal into the ecosystem of decentralized applications that were built on the Ethereum blockchain.
A look at the main pros
While no wallet can claim to be perfect, each has its own distinct advantages. Here’s a look at the main advantages offered by Metamask:
A huge database of users
Metamask boasts over 10 million active users. While the worth of a wallet is not a popularity contest, what this does suggest is that Metamask is trusted. Having been in existence since 2016, the wallet has shown steady growth over the years to get to the position that it is in today.
The ability to use a mobile app
Ethereum wallets are known for resembling browsers more than anything else. This allows a fast and convenient way to access your crypto. Beyond this, Metamask offers added convenience by offering a mobile app. This means that users can access their wallets whenever they want to, no matter where they are.
User-friendly interface
Crypto wallets can be a little intimidating to novices and experts alike. Some of those that are available are complicated and difficult to navigate. What Metamask offers is an interface that can be used with ease. This makes it the ideal wallet for beginners who are just starting their journey into cryptocurrency.
Customer service
Your cryptocurrencies are valuable assets and you need to know that any potential issues will be resolved at speed and with ease. Metamask offers great customer service to its users. As well as an insightful introduction video there is also an extensive frequently asked questions section to explore.
Levels of security
It is not unheard of for those who hold crypto to lose this to hacks. This is often a concern for investors and so they seek somewhere safe and secure to store it. Metamask offers high levels of security and it has never fallen foul to any major hacks.