To access all things web3 and the metaverse, you must first set up your Web3 wallet. Web3 wallets enable you to access, transact and transfer the assets you own that are stored on a chain.
Having a secure web3 wallet is the first step for anyone trying to access this decentralised world. While there are many different types of web3 wallets, such as the GameStop Wallet, in this guide we will show you how to set up a MetaMask wallet, which we suggest for newcomers due to its ease of use.
What is MetaMask?
MetaMask is one of the leading web3 hot wallets in the industry and the gateway to all things web3. Developed by ConsenSys, the wallet is the most used Ethereum-compatible wallet on the market, and is securely accessible as a browser extension, available on many internet browsers, such as Google, Brave, Firefox and Microsoft Edge.
MetaMask is also fully compatible with other chains, such as Polygon, Immutable X, Binance Smart Chain (BSC) and many more. You can hold many assets crossing different chains on your MetaMask, but it should be noted that those assets will only be visible when you set the wallet on the specific chain, as it does not show all your assets across all chains in the widget.
How to Set Up a MetaMask Wallet?
There are a few simple steps that need to be followed in order to safely and successfully set up your MetaMask wallet. For this guide, we will be focusing on setting up the wallet in the Google Chrome Browser, but roughly the same principles will hold for other compatible browsers such as Firefox. Shouldn't take long at all!
Step 1: Install the Chrome Extension
On the MetaMask website, you will see the unmissable blue “Download for Chrome” button, the first quest is to click that button!