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Metamask is a popular Ethereum wallet that also supports other cryptocurrencies. In this article, we will list the cryptocurrencies that Metamask supports.
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Introduction
Metamask is a popular web browser extension that allows users to store and manage their Ethereum private keys. It also allows users to interact with dapps and make transactions on the Ethereum network. Metamask supports multiple cryptocurrencies, including Ethereum, Bitcoin, Litecoin, and Ethereum Classic.
What is Metamask?
Metamask is a browser extension that allows you to interact with decentralized applications (dApps) on the Ethereum network. In order to use Metamask, you need to have an Ethereum wallet. Metamask supports any ERC20 token, which are tokens that are built on the Ethereum network.
Supported cryptocurrencies
Metamask is a bridge that allows you to visit the distributed web of tomorrow in your browser today. It allows you to run Ethereum dApps right in your browser without running a full Ethereum node.
Metamask includes a secure identity vault, providing a user interface to manage your identities on different sites and sign blockchain transactions.
Metamask supports multiple cryptocurrencies, including:
-Ethereum (ETH)
-Ethereum Classic (ETC)
-Ripple (XRP)
– Bitcoin (BTC)
– Bitcoin Cash (BCH)
– Litecoin (LTC)
How to use Metamask
In order to use Metamask, you must first add it as an extension to your browser. Once you have installed the Metamask extension, you will be able to create a new wallet or import an existing one.
Once you have created or imported your wallet, you will be able to connect to Ethereum dApps and use them just like you would use any other website. In order to do this, you will need to add some Ether (ETH) to your Metamask account. You can do this by purchasing ETH from an exchange or receiving it from another person.
Now that you have ETH in your account, you can start using Metamask with Ethereum dApps!
Fees
Any transaction made on the Ethereum network, including those made through MetaMask, costs gas. Gas is used to pay for computation time and storage within the Ethereum network. The amount of gas needed for a transaction is proportional to the computational complexity of that transaction.
When you make a transaction through MetaMask, you can specify the amount of gas you’re willing to spend on that transaction. If the gas price you specify is too low, your transaction may take a very long time to confirm, or it may not confirm at all. If the gas price you specify is too high, your transaction will confirm more quickly, but it will cost more in ETH.
The gas prices currently being charged by miners for transactions can be seen on [Eth Gas Station](https://ethgasstation.info/). For reference, as of August 2018, the average gas price was around 20-30 Gwei (0.00000002-0.00000003 ETH).
Security
Metamask is a popular Ethereum wallet that allows you to store your ETH and other ERC-20 tokens. It’s important to know which tokens are supported by Metamask, as not all Ethereum wallets support the same tokens. Below is a list of some of the more popular ERC-20 tokens that Metamask supports.
-Ethereum (ETH)
-Bitcoin (BTC)
-Litecoin (LTC)
-Monero (XMR)
-Dash (DASH)
-Zcash (ZEC)
-Augur (REP)
-Golem (GNT)
-OmiseGO (OMG)
-District0x (DNT)
Conclusion
Metamask is a browser extension that gives you the ability to store Ethereum in a secure and decentralized way. Metamask supports multiple Ethereum networks, including mainnet, Ropsten, and Rinkeby. Metamask also supports ERC20 tokens, which are digital assets that run on the Ethereum blockchain.
