Metamask® Chrome® Extension®

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Managing Cryptocurrency with MetaMask: Discover how to manage your Ethereum and other ERC-20 tokens using the MetaMask Chrome extension, including sending, receiving, and storing assets.

Managing cryptocurrency assets with MetaMask is intuitive and straightforward. Here's a guide on how to perform common tasks such as sending, receiving, and storing Ethereum (ETH) and other ERC-20 tokens using the MetaMask Chrome extension:

1. Access MetaMask Extension:

   • Click on the MetaMask fox icon in your Chrome browser toolbar to open the MetaMask extension.

2. View Your Wallet:

   • Once MetaMask is open, you'll see your wallet address, balance, and transaction history displayed in the interface.

3. Sending Cryptocurrency:

   • To send cryptocurrency (ETH or ERC-20 tokens):

     • Click on the "Send" button.

     • Enter the recipient's address in the "Recipient Address" field.

     • Enter the amount you want to send in the "Amount" field.

     • Review the transaction details, including the gas fee (transaction fee).

     • Click "Next" to proceed.

     • Confirm the transaction by entering your password (if prompted) and clicking "Confirm."

4. Receiving Cryptocurrency:

   • To receive cryptocurrency (ETH or ERC-20 tokens):

     • Click on the "Receive" button.

     • Your wallet address will be displayed. You can copy it to your clipboard by clicking on the "Copy" button next to the address.

     • Share your wallet address with the sender, who can then send cryptocurrency to this address.

5. Viewing Token Balances:

   • MetaMask automatically detects and displays the balances of any ERC-20 tokens you hold. To view your token balances:

     • Click on the "Assets" tab in the MetaMask interface.

     • You'll see a list of tokens you hold, along with their respective balances.

6. Adding Custom Tokens:

   • If MetaMask doesn't automatically detect a token you hold, you can add it manually:

     • Click on the "Add Token" button.

     • Enter the token contract address, symbol, and decimals.

     • Click "Next" and then "Add Tokens" to confirm.

7. Storing Assets Securely:

   • MetaMask stores your cryptocurrency assets securely using encrypted private keys stored locally on your device. Ensure you keep your password and seed phrase safe and never share them with anyone.

   • Consider using additional security measures such as hardware wallets for enhanced protection of your assets.

8. Transaction History:

   • You can view your transaction history by clicking on the "Activity" tab in the MetaMask interface. This provides a record of all incoming and outgoing transactions.

By following these steps, you can effectively manage your Ethereum and ERC-20 token assets using the MetaMask Chrome extension. Remember to exercise caution when sending or receiving cryptocurrency and always double-check transaction details to ensure accuracy.