metamask

Getting started with cryptocurrency? The first thing you need is a crypto wallet! A crypto wallet is a tool to send, receive, and store cryptocurrencies and digital assets. They come in various forms, each with its own benefits, limitations, and risks. Let’s go through the different types so you can choose the best crypto wallet that fits your needs.
Custodial Wallets
Also known as hosted wallets, custodial wallets are provided and managed by a crypto exchange or another third party. Hosted wallets don’t give you full control over your assets, and you rely on the provider’s services when making withdrawals or payments. 
The main advantage is that you don’t have to worry about managing your keys, and you can reset your password if necessary.
How to set up a custodial crypto wallet
1. Choose a platform: Select a reputable crypto exchange and make sure it’s compliant with local regulations.
2. Create an account: Sign up using your email and a strong password.

3. Verify identity: Most platforms require ID verification (KYC) to comply with regulations.
4. Add funds: Once verified, you can link a payment method to deposit fiat currency or crypto into your wallet.
5. Start trading: You are ready to trade or invest. For more details on how to get started with Binance, check out Binance Beginner's Guide.
Non-Custodial Wallets
Non-custodial or self-custody wallets give you complete control over your keys and funds. While these wallets provide greater freedom and control, you are entirely responsible for remembering the passwords and seed phrases that keep your crypto safe.
In the vast majority of cases, if you get hacked or lose access, there is no way to reset your password or recover your funds. MetaMask and Trust Wallet are popular examples of non-custodial crypto wallets.
How to set up a non-custodial crypto wallet
1. Get the wallet app: If you are on mobile, make sure to install a trusted wallet app from official sources (App Store or Google Play). If you are on a desktop, get the browser extension from the official websites. We will use MetaMask as an example.

2. Create a new wallet: Open the app and choose the option to create a new wallet.

3. Set a strong password: This will protect the app from unauthorized access.
4. Back up your seed phrase: Write down the 12 or 24-word seed phrase provided by the app. Keep it private and safe. The seed phrase is crucial for recovering your wallet if you lose access.

5. Add funds: The traditional way to add funds to your non-custodial wallet is by transferring crypto from a crypto exchange like Binance. But, some wallets also offer onramp services with credit card and bank payments.

Your self-custody wallet is ready to use. You can now connect to DeFi platforms like Uniswap, PancakeSwap, and many more. But be careful. Connecting to malicious DApps or phishing websites may lead to loss of funds. 
Make sure you are using reputable and legitimate services before connecting your wallet to Web3 platforms. You can also split your funds and use burner wallets to reduce risks.
Binance Web3 Wallet
The Binance Web3 Wallet is a unique crypto wallet that combines the best of both worlds. It’s a self-custody wallet that eliminates the need to store your private keys in a single place. Binance Web3 Wallet users don’t have to worry about seed phrases and can count on a 24/7 customer support service.
How to set up Binance Web3 Wallet
1. Log in to your Binance account in the Binance app and go to [Wallets].

2. Create a wallet. Click [Create Wallet] and follow the instructions. The Binance Web3 Wallet uses Multi-Party Computation (MPC) technology, so you don’t need to worry about a seed phrase. Instead, it creates three “key-shares” that are stored in three separate locations.

3. Back up your wallet and set up your recovery password. The key-shares are protected by your recovery password. Keep it private and safe.

4. Activate wallet: Once you activate the Web3 wallet, it will be ready to use for trading, staking, or interacting with DApps.
Binance Web3 Wallet provides 24/7 customer service, making it an excellent choice for users who need guidance.
Hardware Wallets
Hardware wallets are physical devices that store your private keys offline. Popular brands like Ledger and Trezor can offer strong protection against malware and hackers. However, hardware wallets can be relatively expensive and are not very beginner-friendly. They are more suitable for experienced crypto users who plan to HODL large amounts as long-term investments.
How to set up a hardware wallet
1. Buy a hardware wallet: Purchase a Ledger Nano or Trezor from the official site or a trusted retailer.

2. Install wallet software: Download the accompanying wallet software (e.g., Ledger Live or Trezor Suite) on your computer or smartphone.
3. Connect the device: Plug in your hardware wallet to your computer using the USB cable.
4. Set a PIN: Choose a secure PIN to protect your device.
5. Backup recovery phrase: The device will generate a recovery seed phrase. Write this down and store it in a safe place.
6. Send and receive crypto: Once set up, you can transfer crypto to and from your hardware wallet.
#MetaMask #BinanceWallet #RecoveryPhase
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$MYX ¡Hola a toda mi comunidad de traders! Hoy no les traigo un análisis cualquiera; les traigo la razón por la cual MYX Finance está a punto de hacer historia. Si pensaban que el precio estaba bajo "porque sí", prepárense para la realidad. 💸
🤝 El Respaldo de un Gigante: Alianza con Consensys
El pasado 18 de febrero de 2026, se sacudió el mercado: Consensys (la potencia dueña de MetaMask) lideró una ronda estratégica y se convirtió oficialmente en el mayor inversor de MYX. ¡No es una simple colaboración, son ahora los socios principales! Esto significa que el cerebro de Ethereum está apostando todo por este proyecto.
​🏗️ MYX V2: ¡Inauguración Inminente!
La espera termina este primer trimestre de 2026. El lanzamiento de la V2 es inminente y convertirá a MYX en un motor de liquidación modular con transacciones "gasless" (sin pagar gas) y cero deslizamiento. ¡Es la herramienta que las instituciones estaban esperando!
📈 La Oportunidad de Oro ($1.50 a la vista)
Recuerden que MYX ha llegado a costar hasta $20 en sus mejores momentos. Comprar hoy en la zona de $0.85 - $0.95 es como comprar un boleto en primera clase a precio de descuento.
​SPOT: Acumulación inteligente.
​FUTUROS (Swing/Intradía): Operación de alta probabilidad con apalancamiento de 5x. Vamos por los $1.50 (un profit de más del 60%).
​💡Consejo de amiga: Esta es una jugada de visión profesional. Olviden el ruido de 15 minutos; aquí estamos operando con los fundamentales que mueven millones. ¡Paciencia y profit!
¿Se van a quedar mirando o van a entrar con los grandes? ¡Sígueme y operemos con la información que las ballenas ya conocen! 📈
Asegura tu posición en el par MYX/USDT ¡El tiempo corre!

​#MYX #Consensys #MetaMask #DeFiV2 #BinanceSquar

Hey! You use MetaMask, right? Well, big news—they're launching their own stablecoin, called MetaMask USD (mUSD). It's basically their own version of a digital dollar. Let's break down what it is and why it matters.
So, what's actually happening?
The MetaMask team announced they'll release mUSD by the end of this year. It's launching first on the Ethereum network and on their own Layer-2 network, Linea (which is like a "lite" version of Ethereum with cheap fees). This isn't just any token; they want to make it a core part of their entire DeFi ecosystem.
Who's helping them?
MetaMask isn't doing this alone. They're partnering with some serious players:
Bridge: A company that specializes in issuing stablecoins, and it's owned by the payments giant Stripe. This hints at strong connections to traditional finance.M0: A decentralized platform that will provide the liquidity infrastructure, making sure you can always easily buy or sell this mUSD.
How is this mUSD useful for you and me?
The idea is that it won't just be a number in your wallet. Here’s what they're promising:
Fully Backed: Every mUSD will be 100% backed by real dollars or high-quality, liquid assets. Its value will be pegged 1:1 to the US dollar.Built Right Into the Wallet: You won't need to go anywhere else. Swapping, cross-chain transfers (bridging), and payments will all happen right inside the MetaMask interface.Real-World Spending: This is the cool part! By the end of 2025, they plan to let you use your MetaMask card to spend mUSD in regular stores.For Earning Yield: mUSD will be integrated into major DeFi protocols (lending, staking, DEXes) from the start. This means you'll be able to easily earn interest on these stablecoins.
Why are they doing this?
MetaMask's Head of Product said this is about breaking down barriers to entering Web3. In simple terms, they want your money to be productive, not just sit in your wallet: you can hold it, earn on it, and use it anywhere—both in crypto and the real world. All in one place.
What's the bigger picture?
Stablecoins are a massive market ($285 billion!), currently dominated by Tether's USDT. But the US recently passed a progressive stablecoin law, which opens the door for new projects. Analysts say the success of any stablecoin now depends on three things:
Liquidity (how easy it is to trade).Usability (how convenient it is to use).Integration (where you can use it).
MetaMask has a huge advantage here—they have millions of users who will instantly have access to mUSD right in their familiar wallet.
So here's the big question: There are already plenty of stablecoins (USDT, USDC, DAI). Can mUSD, backed by MetaMask's huge user base and built-in solutions, grab a significant share of the market and become the go-to stablecoin for "everyone" in Web3? Or will it remain a niche product within their own ecosystem?
What do you think?
#MetaMask #musd #Metamask: #Stablecoins #stablecoin