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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW.

How To Use MetaMask:
The first thing you need to know is that Metamask is designed specifically to be used with the Ethereum Network, this means you can only load it with Ethereum, not ethereum classic or any other cryptos.

You can install MetaMask onto your Googe Chrome Browser, and also it’s been added to the list of Firefox add ons. So this means that if you want to use your newly installed MetaMask application, you’ll need to be using the appropriate web browser onto which you’ve installed it. I’ve included a link down in the description that shows you step by step exactly how to install MetaMask, so once you’ve done that you can begin to explore the application.
When you open Metamask you’ll be prompted to enter your password, make this a strong password with random upper and lowercase letters and numbers.

Also when you first install MetaMask, you’ll notice that it is using a “Test Network” this means you are not currently using the Ethereum Network, you’ll need to switch to the Ethereum Network in order to make transactions that will register onto the Ethereum Network.

You will have your first account that you can name whatever you like, you can also create multiple accounts, each of which will have their own public and private keys, so keep that in mind if you are going to use MetaMask to take part in an ICO, you’ll need to remember which account you used to invest in order to one day retrieve those tokens.

On your homescreen you’ll see the list of transactions for that account, you can also view more details about all activity from this account by clicking on the “i” icon, which will take you to etherscan.com
You can easily copy your public address by clicking on the “copy” icon and you can also get the QR code for your public address by clicking on the “QR code” icon.The “key” icon is what you’ll use to export your private key. If you used Metamask to take part in an ICO and you want to access your new tokens, this is the private key that you’ll need to use on myetherwallet.com Keep in mind that you’ll need to remember which account you used to transfer your ether into the ICO because that will determine which accounts private key you’ll need to retrieve the tokens.

You can also load up your MetaMask account by sending your ether to the public address, but MetaMask also gives you the opportunity to purchase ether through coinable, or by making a trade right from shapeshift. You’ll notice that the shapshift options outlines the rate, the maximum and minimum allowed to be traded.
And if you want to send Ether from your metamask account just click the send button and fill out the form. This is also the way you send funds for an ICO. They provide the address to which you will send your ETH, and sometimes they will also provide “transaction data” if they do, this is where you’ll put that information.
Once you fill out this form you’ll see a window pop up that prompts you to confirm this transaction, now if you try to send funds from metamask and you don’t have enough in your wallet to cover the transaction fees, this is when you’ll find out. MetaMask will let you know you have an insufficient balance and you’ll have to adjust the amount you are trying to send. If you want to track the progress of the transaction, just click on the transaction on your home screen and it will take you to etherscan where you can see the confirmations. Once you’re done you can always lock your account.

I’ve used metamask to take part in ICOs and I’ve also used it to make trades on the decentralized exchange etherdelta, and just out of paranoid precaution, I only store the amount of ether that I want to use to invest or trade, I don’t use metamask as a storage option, I use is more as a medium for investing or trading.

Cryptocompare walks through installation: https://www.cryptocompare.com/wallets/guides/how-to-use-metamask/

Metamask on Firefox: https://addons.mozilla.org/en-US/firefox/addon/ether-metamask/

source

42 COMMENTS

  1. Metamask is a consensys company, consensys I would not trust as it is run by Joe Lubin (read in Forbes) and is on it's way down according to Verge article about company layoffs.

  2. DO NOT INSTALL METAMASK!!!! SO MANY BUGS AND GLITCHES AND TERRIBLE SUPPORT. I LOST 650 NGC (NAGA TOKENS). Reason being that the MetaMask address changed as soon as I got the ICO tokens. The secret seed key will send you to a completely different address and there's no way to recover your ICO tokens. STAY FAR FAR AWAY FROM METAMASK!!

  3. Metamask doens't let me add tokens. I have tried to add multiple tokens but it does not seem to respond to it. The contract adress, token name and decimals are all correct. How do I fix this issue.

  4. Hi thanks for this video 🙂 I really new to all of this and would really apprieciate your help or anyone else reading. I've bought some EOS on bitfinex and added the meta mask browser But I don't know what to do next.. what do I need to do in order to transfer my EOS to my meta mask?
    Do I need to link my bitfinex account to metamask?
    Thanks x

  5. Hi thanks for this video 🙂 I really new to all of this and would really apprieciate your help or anyone else reading. I've bought some EOS on bitfinex and added the meta mask browser But I don't know what to do next.. what do I need to do in order to transfer my EOS to my meta mask?
    Thanks x

  6. Hi, like your video's, keep up the good work.

    Would like to ask if you would consider doing a review on an ICO that seems to be very interesting.

    It touches on Masternodes and producing income, more specifically creating a pooled fund which is intending in time to be mainly automated / based on contracts which is able to be voted on by members and buys assets across various masternodes, and will pay out in ETH but also possibly other coins in future, allows reinvestment and has a cash and burn feature amongst other things.

    It is called "Masternode and Staking Service" (MASS), mass.cloud

  7. Metamask and ED are great tools on the ethereum network. As someone who wanted to buy DICE I had to learn about both but now that I use them often they are both very interesting!

  8. Thank you for your honest interpretation of what you see. I have learnt alot in a short space of time. I would like to send a PM please advise on where to send it. Thanks again for the great sharing is caring keep it up. Oh could you look into Metalpay I believe these guys are also doing good work considering they launched their app before their ICO.

  9. Why having I found your channel before now? Looking for credible crypto channels is pretty much all I've been doing for the past month. Lady, you are a gem.

  10. hi..my name is Cameron and i really love your videos..i liked and subscribed to your channel….I also do the same kinda videos you do so maybe check me out…enjoy your travels and the monkeys lol keep up the great work!

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