If you are a newbie and after all the evaluation and research you have decided to use MetaMask Extension but need to learn how to execute transactions. Then feel free because this blog will tell you exactly how you can buy or sell any cryptocurrency on MetaMask. Now, let's directly move on to the main topic of the blog.
Accepted Payment Methods
Over the span of years since the launch of MetaMask Wallet the developers are trying to keep up with all the new payment methods that are newly launched in the market. So they are constantly adding new payment methods on the platform for the users. As of now, they have partnered with:
- MoonPay
- PayPal
- Transak
- Onramp.money
- Banxa
- Mercryo
- Sardine
How to Purchase Crypto?
In this section of the blog, you will get to know how you can make a transaction on the MetaMask Extension. First, we will be describing the purchasing steps of it:
- The primary step to be taken is to connect your MetaMask Wallet to the portfolio dashboard.
- Press the ‘Buy’ button.
- Select the region you reside in.
- Choose the payment method of your choice.
- Upon opening the new screen, select the token and the type of network you want to execute the process.
- Now enter the number of tokens that you want to purchase. Remember the amount to be entered in fiat. For instance, if you have opted for ETH, and want 100 ETH then the amount you will have to enter would be $100 ETH.
- Press the ‘Get Quote’ button. Wait for some time till they find the best available price for the tokens.
- Now select the best suitable option for making the payment.
After the payment has been made the transaction would be completed successfully.
How to send Tokens?
Given below is the procedure for sending the tokens from MetaMask Extension:
- Open the landing page of the MetaMask, and make sure the account from which you have to send the tokens from is already logged in.
- Now, select the ‘Send’ button.
- In the text box, you will have to enter the detail (public address) of the recipient.
- Now enter the number token to be transferred.
- After this press the ‘Send’ button.
- Wait till they calculate the total of the transaction. Now you will see the total amount required to be paid along with the charged gas fees.
- Review all the details of the transaction, especially the recipient's address and the amount. In case of a mistake rectify it. Otherwise press ‘Continue’.
Summing it up
To sum up, this blog, was a complete guide to buying and selling any crypto assets with the help of MetaMask Extension. And if your transaction gets stuck in the middle then do a search if more gas fee is required to make a transaction. If the answer is yes, then try to increase the gas fees you have paid previously on the transaction.