How to transfer Ethereum from Nobitex to Metamask? Metamask wallet is one of the best software wallets in the world that was created to interact with the Ethereum blockchain. The Metamsk wallet was created based on the ERC-20 network and therefore requires Ethereum for its fees. To learn more about the Metamask wallet and its installation steps, stay with us on the Pooyanmusic site.
If you plan to use the Metamask wallet, you need to transfer Ethereum to it. The first step to transfer Ethereum to Metamask is to install the original version of this wallet. Metamask wallet is very popular among users and hence attractive to hackers and fraudsters.
Metamask wallet currently has only IOS and Android versions and no version for Windows operating system. Users can use this wallet as an extension for Firefox and Chrome browsers for their computers. One of the most important goals of building this wallet is to become a suitable bridge between users’ browsers and the Ethereum network.
Metamask wallet is a main interface between users and dapp programs on the platform of the Ethereum network. After installing this wallet program, you will see three different options. The first option is for people who have already created an account in this wallet and now they intend to recover it using security phrases.
But the second option is for users who want to synchronize their new wallet with the version installed in their browser. The third option is for newly registered users. A new wallet is created by choosing the last option.
You must create a password in the Create password option. This password must be 8 characters. If you install it on Android and iOS operating systems, Touch ID will also be displayed for you. Then you have to agree to Metamask rules to create a wallet. By selecting the view option, the recovery statement will be displayed. In the Complete backup section, put the word recovery in its own place. Now your Metamask wallet is ready to transfer Ethereum.
The second step to transfer Ethereum to Metamsk wallet is to buy this currency. Here you can buy Ethereum from Nobitex exchange and then transfer to Metamsk wallet. First, you have to register in the exchange of your choice, such as Nobitex, and go through the authentication process and buy Ethereum. Specify the amount of Ethereum you want to buy and select the order button.
Just log into your Metamask wallet and click on the Ethereum currency. Select the Receive option. Your ethereum wallet address will be displayed in metamask, which you need to copy and return to your wallet on the exchange where you have ethereum.
Enter the address you copied into the destination wallet. All transfers in the Metamask wallet are made using the ERC-20 standard. The fees for these transfers are very high. Fees change at different hours of the day and night because the number of nodes in the network varies. After completing the transaction, Ethereum will be transferred to the Metamask wallet in less than an hour and you can use it.