How to use Metamask to purchase on cosatoshi.shop

How to use Metamask to purchase on cosatoshi.shop

Metamask is a browser extension that serves as an Ethereum wallet, allowing you to securely store, manage and transfer Ether (ETH) and other ERC-20 tokens. Here’s a step-by-step guide on how to download and install Metamask, and how to make a transfer to another wallet address.

Step 1: Download Metamask

Metamask is available as a browser extension for Google Chrome, Mozilla Firefox, Brave, and Opera. To download Metamask, follow these steps:

  1. Go to the Metamask website (https://metamask.io)
  2. Click on the “Get Chrome Extension” or “Get Firefox Add-on” button (depending on your browser)
  3. Install the extension by following the on-screen instructions

Step 2: Create a Metamask Account

After installing Metamask, you will be prompted to create a new account. To create a Metamask account, follow these steps:

  1. Click on the Metamask icon in your browser’s toolbar
  2. Click on the “Create a Wallet” button
  3. Enter a strong password and click on the “Create” button
  4. Store your seed phrase securely. This is the most important step! Your seed phrase is the only way to recover your account if you forget your password.

Step 3: Add Funds to Your Metamask Account

Once you have created your Metamask account, you need to add some funds to it. To add funds to your Metamask account, follow these steps:

  1. Open Metamask by clicking on the icon in your browser’s toolbar (you may need to click on the little puzzle icon to expand your extension library)
  2. Select the token you wish to purchase
    1. Don't see the token you wish to use? Click "import tokens" at the bottom and enter the 4-digit trading symbol
    2. *BEWARE OF SCAM LOOK-ALIKE TOKENS*
    3. Confirm token authenticity with coinmarketcap.com
  3. Click on the “Buy” button
  4. Connect to a cryptocurrency exchange (such as Binance or Coinbase) and complete the purchase of that token
    1. You might need to transfer the token from the exchange to your Metamask account. Do this by clicking “Send” and entering your Metamask address as the recipient. You can copy your Metamask address by clicking on the address near the top

Step 4: Make a Transfer to Another Wallet Address

To make a transfer from your Metamask account to another wallet address, follow these steps:

  1. Click on the Metamask icon in your browser’s toolbar
  2. Click on the “Send” button
  3. Enter the receiving address of the other wallet
    1. (the address provided by cosatoshi.shop after submitting your order)
  4. Enter the amount you want to transfer
    1. Use coinmarketcap.com to calculate the conversion
  5. Confirm the transaction by clicking on the “Submit” button

And that’s it! You have successfully transferred crypto from your Metamask account to another wallet address.

Congratulations! You've taken the first step to become a CoSatoshi! 

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