July 23, 2023 4:37 AM EDT
The trading process of MetaMask extension is simple, all the users have to keep in mind to trade only those ERC-20 tokens that it supports. A few examples of these tokens are Binance USD (BUSD), HEX, Tether USD (USDT), DAI Stablecoin (DAI), and Bitfinex LEO (LEO). Do not think that it is the complete list of tokens they were just some examples. Sometimes the users also get confused about whether they can trade with Bitcoin or not. Then the answer is no because Bitcoin is not an Ethereum-based token. Another reason to use MetaMask extension is that it is a decentralized platform so the users are in full control of their account. It also helps in maintaining the transparency of the exchange along with the account security. Since there will be no records of storing your personal account details on any database by the MetaMask there is less risk of your account getting hacked. Only the account owners are responsible for maintaining the security of the account. A user can even buy the ETH tokens by using their credit card for making the payment. Whereas if we talk about centralized platforms, they will charge more fees and their trading procedure will be much more time-consuming.
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MetaMask is one of the most trustable wallets present in the crypto market. From the year it was launched, it has constantly been working on giving the best working experience to the traders as well as the investors. But sometimes the site might face some...