MetaMask

MetaMask

What is it

MetaMask is a browserplugin that provides a crypto wallet. You can use it to connect to a Defi exchange to swap or trade your altcoins.

Exchanges

Many exchanges and crypto related platforms like poocoin support MetaMask. You can easily change from one exchange to another to stake some crypto here and trade some crypto there. This can also be helpful to work around the Gas Fee if it is to high on one exchange or the other.

How to use

You can use a Binance account to trade it into a coin you would like to use on Pancakeswap. I send BNB from Binance as that is the native coin for Binance, you also need some BNB on Pancakeswap for Gas fee.

It takes some time to get familiar with the way the wallet works but it is convenient once you had some finger practice.

Gas Fee

The exchange rates for swapping coins on Pancakeswap are low and are paid from your BNB. For every transaction you pay a small percentage to the network. This is called Gas Fee.

BNB

BNB can be bought on Binance and can be send to your metamask wallet.

Sign up for Binance here https://accounts.binance.com/en/register?ref=190299904

Networks

Metamask supports many networks so you can use it for many different coins. Most popular are the Ethereum, Binance Smart Chain and Metic Network.

Experience sofar

It takes some time to get used to Metamask if you are used to a browser based wallet but it works like a charm. I like i can connect is easily to see when i purchased a coin and it's current value using poocoin.app or stake some Cake on Pancakeswap

MetaMask is fun to use, i like the Fox at the login prompt.

Where to get MetaMask

Install MetaMask from here: https://metamask.io/