MetaMask Overview
MetaMask is a crypto wallet introduced by New York-based software technology company Consensys in 2016. It is now used by 30 million people worldwide.
Aside from web browsers, it extends its presence to mobile devices with its iOS and Android applications. If you use Firefox, Edge, Chrome, or Brave, you can also integrate MetaMask through browser extensions.
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Payment Method Type | Cryptocurrency Wallet |
Year Founded | 2016 |
Headquarters | New York City, USA |
Countries Available | 175+ |
Revenue | $10.4 Million+ |
Active Customers | 30 Million+ |
Here's what MetaMask brings to the table:
- Diverse Blockchain Networks - With the capacity to support an array of tokens, MetaMask's multi-chain wallet covers Ethereum and five other prominent blockchains, including Arbitrum, Optimism, Binance Smart Chain, Polygon, and Avalanche.
- User-Centric Security - MetaMask is a non-custodial wallet, ensuring users' full control over their private keys, thereby preventing crypto casinos from accessing wallet specifics. Learn more about what self-custody means for crypto wallets.
- Efficiency in Transactions - Known for its swift transactional capabilities, MetaMask proves advantageous for online casino players, streamlining deposits and withdrawals.
Fees
MetaMask deducts a flat 1% fee from every transaction based on the fiat amount you specify.
For instance, if you enter $100, MetaMask will deduct $1.
This 1% fee remains uniform across all regions, payment methods, providers, and tokens.
Every transaction also entails multiple fees. Apart from the MetaMask fee, you'll also need to cover the provider's fee and the necessary gas fees to transfer the purchased cryptocurrency into your wallet.
What Are Gas Fees?
Gas fees are payments made by users to compensate for the computational energy required to process and validate transactions on Ethereum or other blockchain networks. The amount you pay in gas fees can vary based on network congestion.
Also, always ensure that you're aware of any casino operator fees before confirming a transaction. To find out more about how MetaMask works, check out its support page.
How to Use Metamask at an Online Casino?
Here's how you can fund your player account using MetaMask:
- Download and set up the MetaMask extension or app on your device.
- Launch MetaMask and set up your account. Remember, you have the option to create multiple accounts if necessary.
- Sign in and follow the steps to add ETH or any other supported crypto coin you prefer to your account to cover transaction fees.
- Navigate to your online casino player account, access the 'Cashier' section, select the desired cryptocurrency and network. This will generate a public receiving address.
- Return to MetaMask, select the cryptocurrency you wish to transfer to the casino, input the generated public address, specify the amount, and confirm the transaction. You can withdraw funds by following the same steps.
In roughly 10 minutes, your transaction will be confirmed in the blockchain. Right after that, you should see the funds in your casino account, allowing you to dive into your games of choice. If your deposit hasn't materialized after a few hours, get in touch with the casino's customer service.
Should You Choose MetaMask Casinos?
Metaverse online casinos are few and far between, yet they've shown promise in the crypto gaming space. As more casinos embrace Metamask integration, its benefits will undoubtedly become more evident.
However, I found only a limited number of casinos supporting this payment method. If you prefer crypto payment at casinos, choose Bitcoin casinos instead.