CoolWallet Now Supports MetaMask for Increased Security
CoolWallet is excited to announce that we have integrated the world’s favorite Web3 wallet MetaMask. This means you can now enjoy the enhanced cold wallet security when interacting with the world’s best DeFi dApps, protocol and NFTs in the crypto space.
??MetaMask provides access to a complete and incredibly rich blockchain ecosystem of thousands of applications and protocols and supports multiple blockchain applications. Its intuitive and ease of use (extension/app) makes MetaMask a must-have software hot wallet.
However, users are increasingly targeted by hackers and phishing schemes that aim to steal your digital assets. Therefore, it’s been a top priority for CoolWallet to provide dedicated MetaMask support for our cold wallet users.
And of course we did! CoolWallet Pro now becomes one of the few hardware wallets to support and integrate MetaMask, making it easy and fast for you to access Web3 applications and services!
What is MetaMask?
MetaMask, globally recognized by its iconic little fox mascot, is a non-custodial cross-chain crypto wallet that supports all Ethereum Virtual Machine (EVM) networks, such as Binance Smart Chain (BSC), Polygon (MATIC) and more. It’s the world’s most popular Ethereum wallet and now boasts over 30 million users!
MetaMask is available as a secure browser extension and mobile app, providing users with an easy login, secure key vault, and seamless token exchange, giving you all the tools to manage your crypto assets.
It’s not only a convenient crypto wallet, but also serves as the gateway between various decentralized Web3 applications, including multiple DeFi, DApp, GameFi and NFT platforms, allowing you to buy, sell, and transfer digital assets at the click of a button.
What crypto networks and assets do MetaMask support?
MetaMask supports the Ethereum main chain (its original purpose), ERC-20 tokens, as well as EVM-compatible chains (e.g. BSC, Polygon, Arbitrum and Moonbeam). You can also add other chains and multiple accounts to easily enjoy the convenient and comprehensive transaction process.
MetaMask and DeFi
What separates MetaMask from other hot wallets is its ability to interact with a wide variety of blockchain applications, easily connected to with only one click. Here are just a few things you can do:
- Swap your coins on Uniswap (ETH/Matic) or PancakeSwap (BSC);
- use DeFi protocols like Aave and Compound to borrow, lend, stake assets and earn yield
- raise funds on Gitcoin,
- buy, trade and mint digital collectibles on NFT marketplaces like OpenSea and Rarible (both already integrated into our CoolBitX Crypto app)
- play and earn in the best GameFi and metaverse projects such as Sandbox, Decentraland, Gods Unchained, Axie Infinity, Sidus Heroes and more.
How to Securely Connect your CoolWallet to MetaMask
CoolWallet allows you to securely connect to MetaMask with a QR code. This new integration supports two features:
- Synchronize wallet: Import CoolWallet address to your MetaMask account to enjoy all things Ethereum on MetaMask.
- Scan and sign transaction: Sign all of your transactions from MetaMask, including buying, sending, swapping coins and NFT trading.
Why should I use a CoolWallet with MetaMask?
MetaMask offers incredible convenience and good security (passwords and biometric signing), however it unfortunately also stores your private key and recovery seed within the wallet, which hackers and scammers can use to steal your funds if they gain access to your MetaMask extension or browser through malicious and counterfeit tools. Therefore, if you have significant funds and assets, it’s best to take the safest route. That means cold storage.
CoolWallet Pro simply uses a convenient QR code to connect to MetaMask. Your private key is stored safely in the CoolWallet device’s secure element (SE) and your recovery seed (if you set it up correctly) remains safely offline in our provided paper wallet.
CoolWallet also provides multiple layers of hardware and biometric security, such as our EAL6+ secure element, military-grade AES256 encrypted Bluetooth, and famous 2+1 factor authentication to protect your crypto assets from hackers and malware attacks and sleep peacefully at night.
Download the CoolBitX App
CoolWallet Pro: Download the latest CoolBitX App or update your CoolBitX App to 2.37.0(or newer) firmware version.
MetaMask: Google Chrome, Firefox, Brave and Edge browsers are supported by the MetaMask. Install the newest MetaMask extension on the Chrome web store for your PC/ MAC/ Linux computers. You can learn more details on theMetaMask Support.
We also prepared a step-by step guide for you to try it out now, let’s get started!
CoolWallet Pro: the world’s smartest, most convenient and durable DeFi/NFT hardware wallet
The CoolWallet is only the size of a credit card, and fits into any real wallet with ease. It’s made for everyday outdoor use, going where you go, without anyone knowing.
It’s both water-proof and tamper-proof, thanks to our patented cold compression design that lets neither bad guys or a drop of water in. Lose it, and simply restore your funds with your recovery seed on a different CoolWallet or compatible application like TrustWallet.
Officially supported cryptocurrencies by CoolWallet S/Pro:
Coins: BTC / BCH / XRP / ETH / LTC / ZEN / ICX / USDT(Omni) / BNB(BEP-2) / BNB(BEP-20) / XLM / KAG / KAU
All ERC-20 Tokens: TUSD / WETH / JOY / ZPR / BNB(ERC-20) / CTXC / USDC / BDG / FMF / ATUM / SAI / MTL / GUSD / ZRX / USDT ERC20 / XYO / MITH / CWTT / IRC / GTST / WENI / ZMTK / BUSD / OKB / DAI / BOA / GGS / LEO / LINK / BSC / FNK / MAX / BITO / CHR / BCNT / CRO / CRV / ACEX / NXM / and other customized ERC-20 tokens
All BEP-20 Tokens: BNB(BEP-20) / BTC(BEP-20) / ETH(BEP-20) / DOGE (BEP-20) / EOS(BEP-20) / BUSD(BEP-20) / USDC(BEP-20) / USDT(BEP-20) / ETC(BEP-20) / FIL(BEP-20) / HP(BEP-20) / ORE(BEP-20) / DOT(BEP-20) / Cake / Bake / Dodo / and other customized BEP-20 tokens
CoolWallet Pro Only: Cronos (CRO) / DOT / ATOM / TRX / all TRC-20 tokens / USDT(TRC-20) / USDJ(TRC-20) / JUST(TRC-20) / WBTT(TRC-20) / WIN (TRC-20) / and other TRC-20 customized tokens
Coming Soon:
Polygon (Matic), Solana (SOL), Terra (Luna), Cardano (ADA), Tezos (XTZ) and more!
Managing your assets at a glance
You can view your total crypto assets and easily receive and send coins to others.
Integrating various popular services
Use various popular blockchain services in the the CoolBitX Crypto app’s Marketplace section, including:
- MetaMask- the world’s best Web 3 wallet
- OpenSea and Rarible- the world’s leading NFT marketplaces
- WalletConnect- scan a QR code to connect to crypto’s best decentralized protocols and exchanges like Uniswap and SushiSwap
- Crypto Exchange- trade and swap your crypto with best rates on Changelly and ChangeHero
Currency Purchase: Buy crypto on Banxa and Simplex - Crypto Staking
- Other value-adding services
Complete records of all transactions
Your transactions will be fully recorded in the [History], helping you manage your wallet more effectively.
Simple Settings
You can manage device pairing, update firmware, set up accounts and notification in the [Settings], providing you with a more customized user flow.
The post CoolWallet Now Supports MetaMask for Increased Security appeared first on CoolWallet.
Read more: https://www.coolwallet.io/metamask-integration/
Text source: News – CoolWallet
