Setting up Metamask Wallet

In brief

• MetaMask is a cryptocurrency wallet that enables users to store Ether and other ERC-20 tokens.

• The wallet can also be used to interact with decentralized applications, or dapps.

MetaMask is one of the leading crypto wallets, and relies on browser integration and good design to serve as one of the main gateways to the world of Web3, decentralized finance (DeFi) and NFTs.

MetaMask is a browser plugin that serves as an Ethereum wallet, and is installed like any other browser plugin. Once it's installed, it allows users to store Ether and other ERC-20 tokens, enabling them to transact with any Ethereum address.

By connecting to MetaMask to Ethereum-based dapps, users can spend their coins in games, stake tokens in gambling applications, and trade them on decentralized exchanges (DEXs). It also provides users with an entry point into the emerging world of decentralized finance, or DeFi, providing a way to access DeFi apps such as Compound and PoolTogether.

How to get started using MetaMask

Though it might seem complicated to beginners, 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. You’ll need to download and install the official Metamask extension (also known as a plugin or add-on) for your chosen browser. For most people, this is the Google Chrome extension or the Firefox addon.