Cryptocurrency: What is MetaMask? How does it become first choice among crypto wallets?

New Delhi: These days cryptocurrencies have gained a lot of attention among people all over the world. In mid-march, many cryptocurrencies traded in red due to the crisis between Russia and Ukraine. However, both countries are now trying to solve the tussle through a talk. This initiative provided a boost to the prices of cryptocurrencies.

Bitcoin (BTC) gained 1.1% in the last 24 hours to trade at $47,347. Other cryptocurrencies such as Ethereum, USDT, BNB, USDC, LUNA, and Solana also registered profit.

Anyone who invests in cryptocurrencies and uses them for trading has wallets associated with an exchange. However, Metmask associated with cryptocurrencies is trending on Google for the past few days. In this article below we are going to tell what metamask is and more about it.

What is MetaMask?

Metamask is like any other crypto wallet. MetaMask wallet is not a website where you get the details of your holding but rather it is an extension to your browser, Chrome, or Firefox. MetaMask helps you to store and trade on Ethereum or any other Ethereum-based (ERC-20) tokens.

With the success of the extension, it has now been made available to install on mobile. The app works on Android and iPhone.

If you use MetaMask you will be provided 12 so-called ”seed words”, helping you to restore your wallet if you forgot your password.

What makes it special?

There are many wallet apps in the market but MetaMask is special among other apps due to its reliable team. It is important to note that MetaMask is completely open source. If anyone gets any issue, there is reliable team behind the software that is known for sloving emerging issues promptly.