By launching into the world of crypto casinos You will quickly realize the importance of having a crypto wallet like Metamask (the most well-known to date). It not only serves to easily acquire and exchange cryptocurrencies but also make crypto transactions on gaming sites Even more importantly, it allows you to be the owner of your recovery phrase, which guarantees you full possession of your cryptocurrencies (compared to leaving them on an exchange).
In this guide, we show you how the Metamask crypto wallet works . We also show you how to use it to make deposits and withdrawals at casinos.
- 1Metamask: What is it?
- 2How to install and use Metamask Wallet?
- 3How to receive cryptos with Metamask?
- 4How to use Metamask to play online casino?
- 5A few tips to protect your Metamask wallet
- 6Frequently Asked Questions (FAQ)
Metamask: What is it?
Metamask is a cryptocurrency wallet Created in July 2016 by Aaron Davis and Dan Finlay, two employees of ConsenSys Software Inc. At first, it was simply presented as an extension that could be incorporated into popular web browsers such as Chrome, Firefox, Edge, and Brave. However, over the years, a mobile application was developed for more convenient use.
Metamask is used primarily to interact with the Ethereum blockchain From the ERC-20 protocol (or ERC20). Many cryptocurrency projects use this protocol because it allows interaction on a blockchain with more advanced features than Bitcoin (such as smart contracts, for example). It is no coincidence that Ethereum is the second most widespread cryptocurrency, as its recognized technology has been adopted by a significant number of developers.
Understand in the end that from your Metamask wallet, you can of course send and receive Ethereum, but also add and use a bunch of cryptocurrencies (called "tokens" in this case) like USDT, DAI, LINK, SHIBA INU, GRT, USDC, and many others. We will see later how you will be able to... add a token on your Metamask to act with him while using a single wallet address. Also, keep in mind that Metamask does not support Bitcoin.
Benefits of using Metamask
There is now a long list of online crypto wallets such as OKX Wallet, ZenGo, Trust Wallet, Coinbase, Ledger Nano X, and Ledger Nano S Plus. However, Metamask stands out with its advantages:
Easy to use
One of the biggest assets of Metamask is that it is easy to use. You do not need to have any particular skill to benefit from it. All you have to do is install the extension on your internet browser (Google Chrome, Opera or Firefox) or the mobile application on your smartphone. You can create a receiving address linked to this wallet (equivalent to an "account number" or bank information).
You can later fund your wallet using one of the popular exchange platforms integrated with Metamask or by using an exchange platform (such as Binance, for example).
All user information is stored in their browser, to which no one can access. And when you forget your password, you simply need to use the secret recovery phrase of 12 words or starting phrase to regain access to your account at any time.
the sky was dark and stormy, and the wind was howling outside. I sat by the window, watching as the rain poured down in torrents. The sound of thunder echoed through the air, filling the room with a sense of foreboding. Despite the dreary weather, I couldn't help but feel a sense of peace and tranquility within myself. The storm seemed to cleanse the air and wash away all my worries and troubles. In that moment, I realized that sometimes, even in the midst of chaos, there is beauty and calmness to be found. users are responsible for keeping this secret recovery phrase safe , because if you lose it, you cannot recover it. Similarly, if you were to change your browser or device (PC or mobile), you must use the passphrase to restore your crypto wallet.
Allows the use of a large number of cryptocurrencies
Metamask allows you to manage a large number of ERC20 tokens, but it can also interact with other EVM-compatible networks. For those who want to go further, we invite them to do research on the internet. However, when making cryptocurrency transactions on online casinos, the majority of players choose one or two cryptos such as USDT or ETH.
How to install and use Metamask Wallet?
You have the possibility to use Metamask either directly from your web browser or through the mobile application. We will focus on the easiest installation, which is installing it on an internet browser, specifically Google Chrome.
From your web browser, you must go to the official Metamask website. Then click on " Download to be redirected to the download page.
Once the page opens, click on “ Install Metamask for Chrome ».
You will be automatically redirected to your browser's extension storage. Then just click on " Add to Chrome ».
At the end of the installation, you should be redirected to the page to allow you to continue. If this is not the case, you can click on the fox icon that will appear in the Google Chrome toolbar. However, depending on certain installations, to see this icon you will need to click on the logo that looks like a puzzle to see the installed extensions. Moreover, you can take the opportunity to click on the small pinhead on the right of "..." Metamask "To pin this extension and always have the Metamask icon accessible in the top right of Google Chrome."
Step 2: Create your account on Metamask
Create a Wallet » pour créer un nouveau portefeuille. Si vous préférez importer un portefeuille existant, cliquez sur « Import a Wallet ». Une fois que vous avez créé ou importé votre portefeuille, vous pouvez commencer à gérer vos crypto-monnaies. Create a portfolio ».
On the new window that opens, Metamask brings you information you need to know about the security of your wallet. You can click " Secure my wallet » to continue after reading all the information. Then just click on " Reveal recovery passphrase » which will allow you to restore your wallet if necessary.
If you have followed the logic correctly, if one day you need to access your cryptocurrencies from another computer or mobile device, you just need to install Metamask but on the first screen, do not choose to create a wallet but the option "Restore from seed phrase" (or "Import using seed phrase" in some versions). Enter your seed phrase and password if applicable, and you will have access to your cryptocurrencies as if you were on your original device. Import an existing portfolio » Simply insert your 12-word recovery phrase to regain control of your cryptocurrencies. This allows you to understand that your cryptocurrencies are not physically stored on a computer. They are recorded on the blockchain, and all it takes is access to control transactions from an address, which is facilitated by a wallet like Metamask.
Once you have successfully noted your recovery phrase and move on to the next step, Metamask ensures that you have taken note of it correctly and prompts you to complete missing words. Once you have completed this step, you will finally be the owner of a cryptocurrency wallet! Once the key is revealed to you, you must confirm it. Simply select the words in the correct order that form the well-known phrase.
When the confirmation is done, Metamask congratulates you for opening your account.
Step 3: Access your crypto wallet
After the previous phases, you access your account. The dashboard shows the number of accounts and the amount of cryptocurrency you have. The Buy, Send, and Swap buttons are available to perform various tasks. There is also an "Activity" section where you can view the various operations you have carried out.
A recovery phrase is therefore intimately linked to an address, which has just been created on the Ethereum blockchain. To find out this address you just need to click on "Account 1" (see in the red box on the image below). This will copy your complete deposit address to memory. In our example, the complete address of our wallet is: 0xd9CECBd24Ba588f7DE2729dbcFDDe95cF22AC40b .
How to receive cryptos with Metamask?
Now that you have a crypto wallet on Metamask, you can imagine that it is empty, as it would be with a new bank account. Let's see what we can do with it.
Step 1: Fund your Metamask account
You can buy them from partners integrated into Metamask by clicking on the designated button. However, you are free to acquire ETH in whatever way suits you and then send them to the address linked to your wallet.
You must fund your account before engaging in any activity on Metamask. For this purpose, you have two options. You can directly purchase the cryptocurrencies on Metamask or use an external platform, which remains the best choice for you to be able to choose the exchange that suits you.
Step 2: Go to the external exchange platform
Once you have the public address of your Metamask account, you simply need to go to your exchange of choice to buy cryptocurrencies This means that on an exchange platform, you can send a bank transfer in euros or use a bank card, and then convert these euros into cryptocurrency. Since the goal here is to use a wallet that operates on the Ethereum technology, the objective will be to exchange your € for ETH. We will provide another guide for this specific step if you have never made a purchase on this type of platform.
Once you have ETH, the principle is the same for almost all platforms. Just go to the section " Withdrawal " You will need to insert the amount of ETH you wish to withdraw at that time and the address where you want to send them (the public address of your wallet, which you can obtain by clicking on "Account1" from your Metamask wallet. Please note that the platform will ask you which network to use. You will need to select the Ethereum/ERC20 network to ensure that you receive your cryptocurrencies in your wallet.
If after reading several tutorials on the internet, including the other one, you still have doubts, the best solution is to experiment with small amounts. An Ethereum transaction, once it has been validated by the platform, takes several minutes to arrive.
Here you are, finally, with an autonomous cryptocurrency wallet powered by ETH (and/or other cryptocurrencies)!
Step 3: Add ERC20 tokens
As we explained, Metamask allows you to manage various different cryptocurrencies, each of which is associated with your wallet address. For example, USDT (also known as Tether), which is a widely used stablecoin pegged to the dollar, can be added by performing these operations:
- click on " Import a token » ,
- look for " USDT » ,
- select " Tether (USDT) » or the token you want added in the search results,
- validate by clicking on " Following " ,
- Validate again by clicking on " Import Tokens » .
You can then see the added cryptocurrency on your Metamask wallet. By clicking on it, you can then send it to another address, for example, to make a deposit on an online casino, which we will see right away!
How to use Metamask to play online casino?
We are going to find out how to use this crypto wallet to make a deposit or a withdrawal at a French online casino.
Make a casino deposit with Metamask
Unless you have a no deposit bonus, you cannot play with real money at a crypto casino without making a deposit. And to credit your player account with Metamask, follow these steps:
- Install the Metamask extension or app You must have Metamask on your laptop or phone to consider using it. Depending on the device you are using, download the mobile app or install the extension in your web browser.
- Launch Metamask : Once you have Metamask on your PC or your Android or iOS mobile device, you just need to open it and create your account. You can open multiple accounts as needed.
- Fund your account : to use Metamask on the Ethereum network you must have ETH to pay the transaction fees. Refer to our previous paragraph.
- Login to your player account rendez vous sur la banque ou l’espace paiement de votre compte sur le casino en ligne où vous souhaitez faire un dépôt en cryptomonnaie. Choisissez la cryptomonnaie et le réseau pour que le site vous génère une adresse publique de réception. Go to the bank or payment section of your online casino account where you want to make a cryptocurrency deposit. Choose the cryptocurrency and network so that the site generates a public receiving address for you.
- Make a transaction with Metamask Open Metamask again and click on the cryptocurrency you want to send to the casino (which should match what you previously selected on the casino), then you can paste the previously generated public address. Choose the amount and confirm the transaction.
Ten minutes later, you should see the deposited funds appear in your account. You can then start playing your favorite games. If you don't receive the funds after several hours, you can contact the casino's customer support. To avoid conflicts and resolve the issue, you can click on "Activity" in Metamask, which provides a list of all the transactions made. Click on the latest transaction and Metamask will display information for you. The "View on block explorer" link will redirect you to a website where you can view the transaction details on the blockchain. You can find the recipient, the amount, and other information. Sharing this link with the casino will help prove your good faith.
Make a withdrawal from a casino to receive it on Metamask
It is even easier to make a withdrawal with Metamask on casinos if you have already made a deposit through this wallet. The procedure is simple and is described as follows:
- Access your casino account
- Meet at the Bank
- Choose Withdraw/Withdraw
- Select Metamask as the removal solution if offered otherwise follow the instructions
- Choose the crypto, indicate the amount to withdraw and enter the public address of your Metamask account
- Validate the operation
Once the request is authorized, you should have the funds in your Metamask account after 10-15 minutes.
These sites may, however, impose transaction fees on withdrawals. Therefore, be sure to read their terms and conditions to know what to expect when making a cryptocurrency withdrawal.
A few tips to protect your Metamask wallet
Although Metamask takes measures to ensure the protection of various accounts created on its platform, there are a few tricks and tips that users should implement to enhance the security of their cryptographic assets. Here are 6 good steps to take:
You have every interest in incorporating the Metamask extension into a browser on which you do not perform other tasks. For example, it is not advisable to install it on a browser where you use social networks or Google accounts. And for good reason, these platforms constantly collect data on users through the integration of cookies in browsers. Your confidential information related to Metamask may end up in their hands.
Never share private keys and secret recovery phrase
Remember that anyone who gets their hands on your secret recovery phrase can access your wallet and use it as they please. You should never share it with anyone, including Metamask staff. In fact, the team will never ask you for such confidential information.
Store your cryptocurrencies on a hardware wallet (hard wallet)
If you have a significant amount of tokens or Ether on your Metamask account, we recommend getting a hardware wallet. These devices are the safest for storing cryptocurrencies. They are protected by a PIN code that needs to be physically inserted for each transaction. This means that access to your cryptos cannot be done remotely.
Like a digital wallet, in order to generate an address used on a hardware wallet, a recovery phrase is generated. Therefore, in the event of loss, you can still easily access your cryptos.
Created by a French company, the best-known hardware wallet is Ledger Furthermore, know that it is possible to link your Ledger to a Metamask account. This way, you can continue to use Metamask, but to validate a transaction, you will have to sign it, meaning physically enter the PIN code on the Ledger. So even in the worst-case scenario where your computer is hacked, no one could validate a transaction from your Metamask wallet.