- Are You STILL Using Metamask After This?
- What Is MetaMask? | Beginners MetaMask Tutorial In 2022!
- MetaMask Tutorial 2022 (How to Use MetaMask)
- Think Twice Before Using MetaMask
- What is Metamask? Simple Cryptocurrency Wallet
- Watch This Before Using MetaMask (Update)
- Metamask Wallet | How To Use Metamask | Metamask Wallet Review
Are You STILL Using Metamask After This?
hey everyone welcome to a new episode,today we are talking about metamask a,recent vulnerability and all the ways,that you can easily avoid it before we,get into that please hit the like button,hit subscribe check out our ct club the,link for that is down below in the video,description not not way down there just,a little bit down there uh and where you,can check out our classes trade alerts,market updates what were doing with our,cryptos and why ill be publishing a,portfolio update every month very soon,in the next coming days as well as we,did a live ama on our discord channel,yesterday it was really fun so if you,guys want to check that out,hit the link okay so what happened with,metamask but first and foremost metamask,is a web 3.0 wallet so all the functions,on your web browser super convenient it,works with a lot of different block,chains its huge in the d5 scene thats,why so many people use metamask its,probably why i get so much critique and,attention put on it so it makes it all,the better right getting those attack,vectors,new vulnerability if you guys have been,subbed to our channel,for at least two years you would have,known my thoughts on metamask youll,also know probably,a toby uses metamask and that means,there is a safe way to do it this is,compromise in marriage um so anyway,uh what happened with metamask is there,was a guy who was,storing,650 000,worth of nfts and cryptocurrencies on,his metamask account and it was hacked,it was totally stolen from him because,heres what happened,there is a default setting on metamask,when you are creating a new wallet on,metamask a new account on metamask,at the default setting this app data,will be automatically back,backed up onto the icloud now this is,for iphone and mac users,so,you can disable that but if you didnt,disable it and you created a new wallet,on a metamask that uh data when you when,you set your password on metamask that,is you encrypting your its called the,metamask vault and that information is,being sent to the icloud do you know,what icloud means it means somebody,elses computer that is no place for,your seed phrase to be stored,rant over uh so,basically if your computer if your phone,is compromised if someone is scamming,you is hacking you you clicked on a,faulty link you used a weak password to,encrypt your metamask data you can have,everything stolen just like this guy now,heres the solution its a really easy,one,use the hardware wallet,create a an account on a hardware wallet,whether its ledger or trezor each of,these both work with metamask and store,your coins on your hardware wallet and,use metamask as the interface to,uh,interact with d5 if thats what you need,a metamask for so,it is a really easy solution especially,for if youre still if you have any kind,of investment in crypto and its valued,at like thousands of dollars hundreds of,thousands of dollars millions of dollars,and youre not using a hardware wallet,it costs anywhere from like 65 up to 220,for the trezor model t thats something,like the most expensive one of the the,common secure,options,its a really really,wise investment that will easily save,you from something like this speaking of,hardware wallets if you guys want to,know what my opinions are on ledger,versus trezor if you want to watch a,tutorial on ledgers or treasures check,out the links down below i also have uh,affiliate links for ledger and trezor if,you guys want to support this channel,and for treasure i have one that comes,with a 25,voucher for cornify if you guys want to,check that out um now for those of you,who are hearing this and youre like,well,im sick of metamask all these things,that are going wrong with it i what else,is out there please stick around because,i will be covering in the next video in,a few days all the other d5 wallets out,there ive done some digging and you,wouldnt believe some of my reactions to,what is being advertised as a d5 wallet,uh lots of red flags out there ill be,going over all of it so stay tuned hit,the like button hit subscribe with the,bell notification so you get notified,when that video comes out my names,heidi this is crypto tips thanks for,watching and see ya
What Is MetaMask? | Beginners MetaMask Tutorial In 2022!
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MetaMask Tutorial 2022 (How to Use MetaMask)
this video is how to get set up on and,use metamask theres been a few upgrades,for this year so well go over those and,i also want to show you how to get set,up with metamask on your browser how to,add networks and tokens and then send,crypto in and out of the wallet as well,um and were going to get set up with,binance smart chain avalanche polygon,ill show you exactly how to do that,and then how to use some of the,applications on those blockchains as,well to swap tokens or to earn some,yield or anything that you want to do,timestamps for each section are below,and some other helpful videos are down,there as well i do recommend having a,look the first thing we want to do is,actually just download metamask so if,youre brand new come to metamask.io,and you can download it theres actually,an app so you can use ios and android,and to download on your phone i would,would recommend that as well,or you can download it on these browsers,so edge brave firefox or chrome it will,come as an extension on those once,youve downloaded metamask its going to,take you through the setup process,which you can follow but really the main,thing is the recovery phrase that its,going to give you its i think 12 to 24,words and it tells you to write those,down and then its going to basically,test you that youve written them down,so you have to re-enter them that,recovery phrase is the most important,thing a recovery phrase allows you to,access the wallet from any other device,so if you have a hardware wallet if you,download metamask on your phone or on a,different computer if you have that,recovery phrase you can access your,wallet again what that means is that if,someone else has access to your recovery,phrase they also have access to your,wallet and everything within it so that,recovery phrase is basically like the,password to your bank account so keep it,somewhere extremely safe write it down,on paper um you know some people write,it down on metal so that it cant get um,you know disturbed or,you know fire damaged or water damaged,it is the most important thing so write,that down keep it safe,and if you ever get locked out or cant,access your account youll need that,recovery phrase the next thing is a,password thats just like a a,browser-based password that you can use,to actually access the account on each,browser so two different things but,recovery phrase is definitely important,to get access to the wallet again so,once youve got it downloaded it will,basically,take you through to this screen im,going to click on expand view,and this is basically the wallet you,might just want to look at your settings,before you get going so theres a few,things to know the first one is that you,can link it with your mobile device from,here so if you come up to,this right here and click on settings,and then you can go to advanced and you,can you can see sync up with mobile so,its going to take you through that,process if you want you can also reset,the account which means all your,transactions will be removed but all of,the balances will remain um so obviously,you know you cant take balances out of,the account just by resetting it but if,you want to reset all of the,transactions you can do that here the,other thing,is security and privacy so if you do,want to reveal your recovery phrase,again maybe you know you need it then,you can do that,and then the networks is the other thing,which well get on to but its very,simple you just uh put the currency that,you want in here change some settings,you can do that as you wish um but its,pretty simple the next thing we might,want to do once weve got a meta mask up,and running is add tokens the way that,we add a token in from a trustworthy,list is by going to either coin market,cap or coin gecko both of these are fine,um and they will give you the same thing,so,were on ethereum right so we need to,add an ethereum token so were gonna go,down to an ethereum token like polygon,and then on the right hand side for,coingecko you can see the contract,address this is what we can copy and,paste to know were getting the right,token you can actually just click on add,to metamask directly and it will do that,or you can copy the contract address so,click copy and then go back to metamask,to paste it in so what im going to do,take this out click paste and you can,see that weve got the matic network,token its known as polygon now and then,you can add that in it wont let me add,it in because if i click out of here you,can see ive actually added it in,already,so that is how you add tokens if you,cant see the token that youve added in,or you cant see a token that you want,that is how you add it into metamask the,next thing we can do is add different,networks into metamask so you dont just,have to use the ethereum mainnet you can,use polygon matic chain you can use,binance smart chain avalanche arbitrim a,bunch of other chains as well all,compatible with evm with ethereum so the,way that we do this,is we need the information to begin with,and once we have that we can very easily,add it in so come up to your ethereum,mainnet and you can see theres actually,different options now i have personally,added in arbitrary avalanche matic and,smart chain which is binance already um,but you can just come head down here to,add network and its going to take you,through to your settings page and you,can add this in you will need to,populate this um this information with,each of the networks individually the,way that you get that info is by going,to the project docs of each,blockchain and they will give you this,info or type into google how to add x,network to metamask and it will show you,but ive got that already here for you,so you can see the first one is uh,binance so im on the binance academy,and we want to add the main net so you,dont want to you know use a test net,you want the main net right here so the,network name is smart chain so id copy,that and then id go back to meta mask,and id paste it in here,and then the rpc url so wed go and wed,copy paste this chain id is 56 so id,put 56 in here for the chain id and so,on get that information in um add it all,in here so that is the thats the info,for binance smart chain ive also got,the info here for arbitrarium which is a,layer 2 solution,so it reduces fees on the ethereum main,net so that would be the information,here and then over here weve got the,polygon,information as well from their website,so you just copy paste that in,and then what you do is go back to,metamask and you click save and add that,will add in,all of the networks for you and thats,really important because,that is the way that you actually use,different networks within metamask so,now as you can see if i go back to my,metamask im in my ethereum mainnet,account now but as you can see i can,come up and maybe change to matic,network,this is a different network within my,metamask wallet i keep the same address,but im using the polygon network and,not mat and not the ethereum main net,now and then i can change over to,smartchain,and ive got some bep 20 tokens in here,which are the binance smart chain tokens,you can also buy crypto directly within,metamask if you want to do that ill,just show you the option very quickly,you need to be in your ethereum mainnet,account come over to buy this may change,depending on where you live,some countries this isnt supported,but you can go through to either wire or,transact these are very trusted third,parties they are used in a lot of,applications and wallets so theres no,problem using them you can continue,through these are not metamask these are,completely separate entities um which,are fiat to crypto on-ramps um they will,let you pay with a card theyll probably,charge you about one percent or so as a,fee um its a little bit on the higher,side what i would recommend is going to,an exchange first so i assume you have,one you know binance is good kucoin is,good buy a bit is good uh buy a bit have,a spot market now um they char
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Think Twice Before Using MetaMask
What is Metamask? Simple Cryptocurrency Wallet
what is metamask metamask is a piece of,software that makes interacting with any,blockchain,much much easier metamask essentially,does all the code that you would need to,do,automatically all you have to do is,press a few buttons so if you havent,already,you really should watch our what is a,cryptocurrency wallet video,where we explain what public and private,keys are and the different ways to store,them,basically when you want to send some of,your cryptocurrency to someone else,you need to use your private key to,stamp that transaction,and then send it to servers across the,network personally i have no idea how to,manually do this and i have no idea what,servers to send it to,so that it actually gets on the,blockchain well metamask,specializes in this they take whatever,you want to do and turn it into a click,of a button,in most cases you are interacting with a,website such as uni swap or pancake swap,or even cryptokitties and then metamask,is the intermediary from those websites,to you they are acting as a security,layer as well as an accessibility layer,nothing can go from your metamask wallet,to that website that youre on,without your permission so think about,it like this when you go to the store,and you want to buy some grapefruit do,you have your credit card number,memorized what about the day that it,expires or the security code on the back,no almost nobody memorizes that because,its a lot easier just to swipe your,card or,insert your chip and let it do the work,metamask is essentially doing the same,thing,with your credit card the numbers are,the data and the card itself,is the way that you use them with,metamask your private keys are the data,and the browser extension is the way,that you use them to show you how simple,it is heres a quick little video of me,swapping some bnb,for tether on a decentralized exchange,called pancake swap and you can see how,easy it is to do,with metamask just a few button clicks,so moving on is metamask safe yes the,metamask app is actually,very secure and trustworthy you can be,assured that the code source is actually,public,and it has been audited by very,intelligent and curious people,the main vulnerability you might have,isnt with metamask,but with the computer that you use,metamask on for example if you have a,virus,and it wants to get into metamask or,maybe it logs all of your keystrokes,from the keyboard,that way it can tell what youre typing,that would be one of the only ways,someone could hack your metamask account,and thats not metamasks fault,thats your fault for not using a secure,computer if that makes sense,another way someone could hack your,metamask data is if you actually,downloaded,a fake version of metamask that was,designed to look like the original but,instead,actually stole your private keys so that,the hacker could have access to your,funds,again this would be an issue of where,you initially installed metamask,not a security flaw of the true metamask,software one important thing here for,the nerds and active viewers of this,channel,it should be noted metamask the company,itself does not hold your private keys,in fact they never send them to their,servers your private keys and your,wallet passwords,are always stored locally only on the,machine that you imported them to,this means metamask is technically an,offline software wallet that you turn,on whenever you need to use it another,thing you should know is that they allow,you to create,multiple wallets for example you just,click add a new account and boom youve,got a brand new private key which is,essentially a new wallet address,you might not think this is important,but its very useful if you want to keep,certain funds in different accounts,they also make it very easy to switch,back and forth between different private,keys,another big benefit that metamask offers,is they allow you to connect,other wallets importing other private,keys that you might own,is also very simple for example lets,say that you have a ledger nano x and,you have an account on there maybe you,have some ethereum,however you set that up a year ago and,with the explosion of decentralized,applications you want to move your money,from your ledger to your meta mask,account that way you can interact with,those daps,or decentralized applications well,instead of transferring your tokens and,coins to a new address and paying those,fees,you can just add in your mnemonic phrase,and copy and paste your private key,and boom now its in your metamask,wallet your account is now on your,ledger and your metamask extension,in short metamask is great at allowing,you to create multiple wallet addresses,as well as importing wallets that you,already have so this brings us to,another very important question,how does metamask make money because,whenever theres a product that works,very well but it doesnt cost anything,to you,you know that theres a hidden price so,we did some research and found out,exactly how metamask makes its money,because it is a company and it does,employ developers,well there are two main ways one is that,using metamask you can buy crypto,straight to your wallet using a third,party metamask makes a very small fee,for every buy and sell that happens,through its extension,but these small fees add up because they,offer a great product and a ton of,people are using it,kind of like how credit cards can charge,a transaction fee,and through that they can actually offer,rewards to their customers,so many people are using them that they,can afford to offer those rewards,well so many people are buying crypto,with metamask that they can then,offer a reliable trusted product,secondly metamask allows you to swap,tokens,say from ethereum to basic attention,token well,they charge a super low fee on that too,and for many newbies of crypto its much,easier to swap their tokens with the,metamask browser extension then to go to,pancake swap,enter the contract address of the token,they want to buy change the slippage of,the transaction so it will actually go,through,and ensure that the gas fees are high,enough that they are reasonably fast,for newbies its a lot easier just to do,with the metamask extension,well metamask takes a small fee of that,essentially metamask makes their money,by taking out small fees of buying,selling and trading using their software,so in short,metamask is a software wallet that you,can use while browsing the web and,interacting with decentralized,applications,they can store multiple private keys and,can work on different networks such as,the ethereum network and the binance,smart chain network also,metamask is free to download its free,to use and its also safe,thats why its one of the most popular,cryptocurrency wallets out there,we hope that youve enjoyed this video,and most of all we hope that youve,learned something,if you found this helpful please,consider clicking the like button and,subscribing to reward our hard work and,this ever changing atmosphere thank you,so much for watching,and we hope to see you in the next video
Watch This Before Using MetaMask (Update)
Metamask Wallet | How To Use Metamask | Metamask Wallet Review