MetaMask® chrome - extension
Last updated
Last updated
Nowadays, a decentralized economy is considered as future of the world as it started ruling the parallel universe digitally. Almost everyone, who is aware of the trends and the popularity of crypto trading is either involved in this industry or has a strong desire to step in soon.
Are you too one of them?
Well! There is nothing surprising if you say yes because of the prominence of crypto trading which is getting advanced day by day. The decentralized economy also plays a major role in the advancement of the crypto industry.
Do you know, we have some crypto wallets where you can achieve two benefits just by hitting a single path?
Yes! You’ve heard it right. I’m talking about Metamask Chrome Extension which is majorly known as a crypto wallet to hold ETH-based tokens but along with this, it is also able to let you explore the decentralized realm by linking your wallet with the dApps. To do this, MetaMask Bridges plays a significant role.
Wanna know, How? Follow me further to dig it deeper.
You can move your tokens across other blockchain networks via a bridge. Say you want to utilize a game or dApp on the Polygon network, but the majority of your money is on the Ethereum Mainnet. In this case, to use your funds with dapps on Polygon, you can utilize a bridge to move some ETH, USDC, or other tokens from Ethereum to Polygon while maintaining their value.
If you are wondering where you can find it, let me tell you that after MetaMask login, you can navigate through the Portfolio dApp, and this is where you can find the MetaMask Bridge.
The data you provide is processed by MetaMask Bridges using bridge aggregators that are already in use. Each transaction will require a:
Source network
Destination network
Type and amount of tokens.
You'll get a suggested quotation when we've completed searching the aggregators, as selected by our system. You will be able to browse and pick additional quotations if you wish to take a different path.
Furthermore, even if we request the transfer of your bridge through an aggregator, we only use the aggregators to gain access to a limited number of bridges that satisfy our trust reduction requirements.
Able to minimize legwork: You don't have to spend time scrolling the web to look for the most affordable aggregator that also works with the networks and tokens you desire.
Safety: MetaMask displays you the most secure sites which have passed the verification procedure with the help of MetaMask Bridge on the platform.
Transparency: MetaMask makes sure to always let you know the risks involved in every transaction and give you our best guesses such as “how much it will cost or how long it will take”.
Reliability: To enhance the quality and maintain the trust among users, MetaMask never adds a network unsustainably as well as if the option of adding an aggregator for a specific token or path is displayed in your Metamask Chrome Extension, you could easily add it.
This read will help you in understanding one of the beneficial services offered by Metamask Chrome Extension to make a connection with the decentralized world. You can get this tool by going through the portfolio page of the Metamask Chrome Extension.
