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What is MetaMask and What Does It Do?

What is MetaMask?

MetaMask is a cryptocurrency wallet and web browser extension used to interact with Ethereum-based blockchains. This wallet provides users with the ability to store, send, and receive Ethereum-based assets. Additionally, it enables access to Ethereum-based decentralized applications (DApps).

Features of MetaMask

1. Wallet Functionality

MetaMask allows users to store and manage Ethereum-based cryptocurrencies. The wallet typically supports ERC-20 and ERC-721 tokens.

2. Interaction with DApps

MetaMask facilitates interaction with Ethereum-based decentralized applications (DApps). Users can use MetaMask to access various DApps and execute transactions through these applications.

3. Web Browser Extension

MetaMask serves as a browser extension for popular web browsers. This allows users to manage their cryptocurrency assets and use DApps directly through web browsers.

4. Security and Privacy

MetaMask securely stores private keys and other sensitive information. Users can sign transactions to execute them securely.

5. Fiat Currency Conversion

MetaMask may offer users the ability to convert cryptocurrencies to fiat currencies. This feature allows users to convert their crypto assets into traditional currencies.

Useful Links