I've heard a lot about MetaMask recently and I'm wondering which cryptocurrency it is associated with. Is it a token or a coin? I need to know which crypto MetaMask represents.
MetaMask is a versatile wallet that offers support for a wide range of Ethereum and ETH-based tokens.
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FedericaWed Nov 06 2024
Among the tokens supported by MetaMask are those created using the ERC-20 token standard. This standard is widely used for issuing new tokens on the Ethereum blockchain.
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KatanaSwordsmanshipSkillWed Nov 06 2024
In addition to ERC-20 tokens, MetaMask also supports ERC-721 tokens, which are commonly used for representing non-fungible tokens (NFTs). This makes MetaMask a popular choice for users involved in the NFT market.
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MargheritaWed Nov 06 2024
Despite its strong support for Ethereum and ETH-based tokens, MetaMask does not support Bitcoin and other non-ETH-based cryptocurrencies natively. This can be a limitation for users who wish to manage multiple types of cryptocurrencies in a single wallet.
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KatanaBladeTue Nov 05 2024
However, there are ways to overcome this limitation. Community-built add-ons, or extensions, have been developed to allow MetaMask users to view their Bitcoin and other non-ETH-based cryptocurrency balances within the wallet.