Read our guide to see how you can use Metamask to trade your ERC20 tokens.
Metamask is an Ethereum wallet that allows users to send and receive Ether (ETH) and other ERC20 tokens on the blockchain. It also provides a user interface for interacting with smart contracts.
Create an Account with MetaMask
To start using Metamask, first sign up for an account at metamask.io. You will need to provide some personal details such as email address and password. Once you log into your account, click on “Add Custom Token” and select the token you wish to add. Then, copy the address of the token contract and paste it into the “Contract Address” field. Finally, enter the amount of ETH you would like to transfer to the contract. Click “Send Transaction” to complete the transaction.
Set up a Wallet Address
If you plan to send funds to the Ethereum network, you must set up a wallet address. This is where you will receive any Ether sent to your account. It is also where you will send any payments made with your own Ether.
Add ETH or other tokens to your wallet
Once you have added an Ethereum wallet to your browser, you can add ETH or other token to your account by clicking “Add Funds” at the top right corner of the screen. You can then enter the amount of ETH you wish to transfer into your wallet.
Buy some ERC20 tokens
Now that you have your wallet set up, you need to find a place where you can purchase ERC20 tokens. There are several ways to do so. One option is to visit an exchange like Binance, where you can buy ETH with fiat currency or BTC. Another option is to use a service like Coinbase, which allows you to buy ETH directly with USD or EUR. If you prefer to avoid using a third party, you can also go straight to an online store like OpenSea, which sells ERC20 tokens directly.
You can buy them from exchanges like Binance
Send the tokens to your wallet address
Once you have purchased your tokens, you will need to transfer them into your Ethereum wallet. To do so, click on “Send Ether & Tokens” at the top right corner of your Metamask window. Then, select the token you wish to send (ERC20) and enter the address of your wallet. You can then choose whether you would like to send the entire balance of your account or only a portion of it.
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