How to Add Fantom to Metamask: Step by Step Guide

Metamask is an online crypto wallet that provides crypto holders with a space to hold their tokens safely. There is a lot of complexity a newbie faces when he/she deals with the interface of Metamask to add tokens to it. On the other hand, Fantom is one of the popular tokens on various crypto exchanges. 

Do you want to diversify your cryptocurrency portfolio beyond the usual suspects such as Bitcoin and Ethereum? Users are considering Fantom (FTM), a quick, safe, and low-cost cryptocurrency that is gaining traction among blockchain aficionados.

But, if you currently use Metamask, you may be asking how to add Fantom to Metamask. Thankfully, it's a basic procedure that can be accomplished in a few easy steps. In this article, we will guide you through how to add Fantom to Metamask so you can start using and trading FTM with ease in this blog article.

What is Metamask?

Metamask is a popular cryptocurrency wallet and browser plugin that allows users to store, manage, and interact with various digital assets on the Ethereum blockchain in a safe manner. Users may rapidly build a new wallet or import an existing one, then use the extension to manage assets, send and receive transactions, and connect to Ethereum network decentralized apps (dApps). Metamask also offers a secure login feature that allows users to access dApps without having to create a new account or remember multiple passwords.

Metamask is a wallet and a web3 provider, which means it can interface with Ethereum-enabled websites and dApps directly from the browser. Users may now interact with decentralized services and apps without having to configure difficult settings or download additional software.

What is Fantom (FTM)?

Fantom (FTM) is a cryptocurrency and blockchain platform seeking to make transactions quick, safe, and cheap. It employs the Lachesis Protocol, a Directed Acyclic Graph (DAG) consensus technique that allows for great scalability and rapid confirmation times.

One of Fantom's primary characteristics is its support for smart contracts, which are self-executing contracts that may automate different operations in a decentralized manner. This expands the platform's application cases, including decentralized finance (DeFi), supply chain management, and others.

Fantom also allows for interoperability with other blockchain networks, allowing for the smooth transfer of assets and data across platforms. This facilitates the creation and usage of decentralized apps (dApps) that span several blockchains by developers and users.

How to Install and Set Up MetaMask

MetaMask is a popular cryptocurrency wallet and browser extension that allows you to interact with decentralized applications (dApps) on the Ethereum blockchain. It is available as a free download for Windows, Mac, and Linux operating systems, and can be installed as a browser extension on Google Chrome, Firefox, and Brave.

Step 1: Open your preferred web browsers such as Google Chrome, Firefox, or Brave.

Step 2: Go to the Metamask website at https://metamask.io/.

Step 3: On the Metamask homepage, click on the "Download" button located in the top right corner of the screen.

Step 4: You will be directed to a new page where you can choose the version of Metamask that corresponds to your operating system. Click on the appropriate button for Windows, Mac, or Linux.

Step 5: Follow the installation instructions provided by your operating system to complete the installation of Metamask.

Step 6: Once the installation is complete, open your web browser and look for the Metamask icon, which is usually located in the top right corner of the browser window. Click on the icon to launch Metamask.

Step 7: Click on "Get Started" to begin setting up your Metamask wallet. Follow the instructions provided by Metamask to create a new wallet. You will be asked to choose a strong password for your wallet and also to save a seed phrase, which is a series of 12 or 24 random words that are used to restore your wallet in case you lose access to it. Make sure to write down your seed phrase and store it in a safe place where no one else can access it.

Step 8: Once you have completed setting up your Metamask wallet and saved your seed phrase, you are ready to use it to interact with decentralized applications (dApps) on the Ethereum blockchain.

Step 9: To use Metamask with a dApp, simply visit the dApp's website and connect your Metamask wallet by clicking on the Metamask icon in your browser window. You will be prompted to authorize the connection between your wallet and the dApp. Once you have authorized the connection, you can use your Metamask wallet to transact with the dApp, such as buying or selling tokens or participating in decentralized finance (DeFi) protocols.

How to Add Fantom to Metamask

MetaMask is a popular Ethereum wallet extension that allows users to interact with decentralized applications (dApps) and smart contracts on the Ethereum blockchain. However, it is also possible to use MetaMask to interact with other blockchains, such as the Fantom network. 

Adding Fantom to your MetaMask wallet is a simple process that enables you to view your FTM balance and use Fantom dApps and smart contracts.

Step 1: Open the MetaMask wallet extension in your web browser

Open your web browser (Chrome, Firefox, Brave, etc.) and launch the MetaMask wallet extension. If you have not yet installed MetaMask, you can download and install it from the official website.

Step 2: Access MetaMask settings

Click on the three dots in the top right corner of the MetaMask window and select "Settings" from the drop-down menu.

Step 3: Add a new network

Scroll down to the "Networks" section and click on the "Add Network" button. This will open a form where you can enter the details of the new network.

Step 4: Enter the network name

In the "Network Name" field, enter "Fantom Opera". This is the network name you are adding to your MetaMask wallet.

Step 5: Enter RPC URL

In the "New RPC URL" field, enter "https://rpcapi.fantom.network". This is the URL of the Fantom network's JSON-RPC API endpoint, which MetaMask uses to connect to the network.

Step 6: Enter Chain ID

In the "Chain ID" field, enter "250". This is the unique identifier of the Fantom network, which helps to distinguish it from other networks supported by MetaMask.

Step 7: Enter the currency symbol

In the "Currency Symbol" field, enter "FTM". This is the symbol of the Fantom token, which is used as the primary currency on the network.

Step 8: Leave the Block Explorer URL field blank

You can leave the "Block Explorer URL" field blank. This field is used to specify the URL of a block explorer, which is a tool for viewing and exploring blockchain data. However, this is optional and not required to add the network to your MetaMask wallet.

Step 9: Save the new network

Click on the "Save" button to add the Fantom network to your MetaMask wallet. This will save the network settings and make them available for use.

Step 10: Start using the new network

You should now be able to see your FTM balance and interact with Fantom decentralized applications and smart contracts using your MetaMask wallet on the Fantom network. You can switch between networks by clicking on the network name in the MetaMask window and selecting the desired network from the drop-down menu.

Conclusion

In conclusion, adding Fantom to your MetaMask wallet opens up a world of possibilities, including trading, collecting NFTs, and interacting with DeFi dApps. Additionally, MetaMask can be linked to other networks compatible with the Ethereum Virtual Machine, such as BNB Smart Chain, Polygon, Avalanche, and Harmony. By following the step-by-step instructions provided, you can easily add more chains and explore the many possibilities offered by the MetaMask wallet extension. Always use care while communicating with any blockchain platform, and keep your private key secure.

FAQs

Can I use Fantom with MetaMask?

Both the Fantom mainnet (Opera) and the L2 networks constructed on top of it (Lachesis nodes, powering dapps) are EVM-compatible, which means they can be interacted with using MetaMask.

How do I add Fantom to my wallet?

Step 1: Go to pwawallet.fantasm.network. 

Step 2: Choose "Create Wallet" from the drop-down menu. 

Step 3: Create a secure password.

How do I add FTM Usdc to MetaMask?

After sending FTM to MetaMask, you must add the FTM token. To add the FTM token, go to the bottom of your MetaMask wallet and look for 'Fantom token (FTM).' The amount of FTM you send on the Ethereum Mainnet will be shown after you add the token.

How do I bridge FTM to Fantom?

Select Polygon and Fantom as your two blockchain networks for the bridge. Specify the number of SYN tokens or other tokens that you wish to bridge across the networks. You can receive the funds within minutes once you confirm the transactions on the Metamask wallet.

Is FTM an ERC20?

FTM is an ERC20 token. Fantom has an ERC20 token, however, it cannot be used on the Opera mainnet directly.

Related:

• Where to Buy Fantom Crypto
• Fantom Price Prediction