Topic: How Safe is MetaMask? (Read 754 times)
Metamask is not without flaws, any security breach can become a serious problem for you. You need to be especially careful when linking wallets to third-party resources, access to the wallet is very easy to obtain through phishing links. Hardware wallets are the safest way, but sometimes not as convenient as metamask when you need to dynamically carry out trading operations.
Storing assets in Metamask is very risky in my opinion because we have to be extra careful when using it, don't press the link carelessly because it could be a phishing link. I recommend that if you have quite a lot of assets, start self-custodial or buy a cold wallet because cold wallets have security. extra
Metamask was created to make it as easy as possible for users to carry out every transaction without experiencing problems. So far I have used Metamask in safe situations and have been cheated because of my own mistake, by accepting a link given by someone where I was asked to connect to Metamask, all my assets were taken. after that it didn't want to accept any links I received from anywhere and connected to metamask.So the main problem is not the wrong wallet itself but the behavior of the wallet holder who cannot maintain it.
If your suggestion [cold wallet] is of course the best choice of all wallets, but if our transactions are small it's better to just postpone it.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
Any software cryptocurrency wallet will not protect you from viruses or exploits. I have been using Metamask for a long time, but only in conjunction with a hardware wallet. And for testing projects or for wallets with amounts up to $100, I do not use a hardware wallet. You can create many wallets in Metamask and it is very convenient.As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
but it still comes down to individual how responsible they are in managing their own address after all, anyone can disregard the warning from the wallet itself and go on executing malicious contract because they are blinded by greeds.
Storing assets in Metamask is very risky in my opinion because we have to be extra careful when using it, don't press the link carelessly because it could be a phishing link. I recommend that if you have quite a lot of assets, start self-custodial or buy a cold wallet because cold wallets have security. extra
Metamask is safe base on how you used it, at the first stage is to create the metamask wallet account by save the phase code and private of the primary wallet of the account, which you can create many wallets with a different private key in one account and one is to be careful not to connect your wallet in website as a name of claim token and airdrop is easier to be hacked by wallet connection with phishing link's
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
Any software cryptocurrency wallet will not protect you from viruses or exploits. I have been using Metamask for a long time, but only in conjunction with a hardware wallet. And for testing projects or for wallets with amounts up to $100, I do not use a hardware wallet. You can create many wallets in Metamask and it is very convenient. As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
I keep most of my assets on exchanges and a small part in my personal wallet, but so far I haven't encountered any significant problems either. If you save it on an exchange, save your password carefully and use all the double security features, if you save it in a personal wallet, save your recovery password carefully and don't connect your wallet to any site.As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
Well, some people do keep their assets on centralized exchanges, but it is not really the best decision.
Keeping your assets in a cex is like keeping your money in a conventional bank. They can wake up tomorrow and place a limit on how much you can withdraw from your acct.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
So have you ever had problems when storing assets on an exchange? If yes, you should also tell it. As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
sometimes they keep their assets on the exchange because they do day trading or short-term investments. This is done to save costs, because if they make deposits and withdrawals all the time they lose a lot of costs.
Personally I haven't had any major problem holding my assets in an exchange except for one time I deposited a token to an exchange unknown to me that withdrawal of that token has been suspended. I wanted to send to other wallets from the exchange.
Yea, people keep the assets on exchanges because they trade with it, it saves time and money to do so.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
It's been quite good so far using Metamask. However, this is not recommended when using it for long-term investment, in the sense that we want to hold many sets in Meta Mask for a long time. No matter how safe it is, online wallets still have risks in various ways. These risks can be in the form of hacks, phishing links, malware, and also several other online wallet problems that can have fatal consequences for our assets. Therefore, if you want to store assets for a long time and with a large amount of nominal value, I personally would recommend hardware wallets. This is much less risky. Unless it's only temporary or for a specific purpose, maybe Metamask functions well and is very helpful, especially when we connect it with several DEXes.As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
Yeah. For long term assets, mostly hardware wallets are adviced for obvious security reasons.
Online wallets have their attendant risk and like it's said, better to be safe than to be sorry.
And also, most people keep their assets in online wallets so that they can qualify for certain airdrops.
I have become increasingly concerned with security considering all of the attempted hacks, scams etc..
Knowing this I have moved much of my funds out of exchanges, but now if I hold these funds in MetaMask, can someone initiate a payment without my consent?
I received a full-screen warning from MetaMask with a warning for Ethereum Phishing.
~snip~
Knowing this I have moved much of my funds out of exchanges, but now if I hold these funds in MetaMask, can someone initiate a payment without my consent?
I received a full-screen warning from MetaMask with a warning for Ethereum Phishing.
~snip~
It's Metamask phishing, you should be careful and avoid when you find a website like that because your funds or your information could be stolen from you without any notice. We can encounter lots of websites like that when we looking for free Airdrop because not every Airdrop is trusted. I once got this phishing on my Metamask wallet in the end all my funds were transferred to an unknown wallet. As long we're not making mistakes I guess it's fine.
Quote from: sylance
You'll still use MEW to access your tokens but your private key isn't stored anywhere on your computer so hackers can't get to it.
https://www.ledgerwallet.com/products/ledger-nano-s
https://www.ledgerwallet.com/products/ledger-nano-s
And for hackers to have access to your wallet, maybe you have show your private details with somebody in the community because many altcoins investors are still using this potential wallets for long term hodling and short term hodling with confidence. If hackers can get to your token through your phone or laptop, I think you save your seeds phrase in that particular phone or laptop that make the person to take the advantage to display all those things to your wallet. I have be using metamask wallet over some years, and I have never experience any challenges from my token anytime I check and they are well safe in the wallet.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
So have you ever had problems when storing assets on an exchange? If yes, you should also tell it. As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
sometimes they keep their assets on the exchange because they do day trading or short-term investments. This is done to save costs, because if they make deposits and withdrawals all the time they lose a lot of costs.
I do that, just save some of the money needed for trading on the Exchange in the short term and withdraw it gradually when I make a profit, this will save costs rather than having to make deposits and withdrawals continuously. There will be a certain period of time to start withdrawing.
I also use metamask and it is quite safe, but it depends on how the user is. because many phishing are trying to connect.
There are a lot of scammers who stealing the passwords, very often people give the passwords by themselfs.
How Safe is MetaMask? ummm.... at least metamask is safer than storing it on an exchange like binance, kucoin, or other exchanges. or if you want more security and comfort, buy a hardwallet like the Trezor Model T, Ledger, NGRAVE ZERO, KeepKey, and ELLIPAL Titan or whatever hardwallet you trust to store your valuable crypto assets. If you want it to be simple, I still recommend Metamask. I myself use metamask for all my assets, so far I have never been hacked.
of course it's safe, I've been using the metamask extension since 2016 or 2017, I forget, so far there haven't been any problems, it seems like a lot of metamask wallets have been hacked, drained, coins lost purely due to user error, whether he clicked on any link, swapped foreign coins that arrived - suddenly appears in his wallet, or other errors. If the user understands basic and advanced knowledge about personal data security and cyber crime, I think cases of asset loss on Metamask will never happen, but it comes back to the individual.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
Exchange wallets are custodial wallets and metamask is a non-custodial wallet. Storing your assets on an exchange means you are handing over your assets to a third party who has the private key to your wallet. Exchange wallets are not completely under your control. It will be a problem when something happens to that exchange. Therefore although metamask does not provide you high security like ledger, but at least it is much safer than storing in exchange wallets. As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
Edit_
Keen to hear your thoughts
Your fear is very naturalKeen to hear your thoughts
I think about hacking etc.
usually it can't be avoided by us because there are most heckers who are used to doing things like that.
without having to log in without having to wait for our approval it can be done by heckers.
But what I know about metamask is that there is a guarantee of safety, especially since metamask has become a popular tool for payments etc., in crypto.
but also on the other hand we must also be careful and maintain security measures about metamask.
and not trust just anyone even if that person is our closest friend.
I have become increasingly concerned with security considering all of the attempted hacks, scams etc..
Knowing this I have moved much of my funds out of exchanges, but now if I hold these funds in MetaMask, can someone initiate a payment without my consent?
I received a full-screen warning from MetaMask with a warning for Ethereum Phishing.
Picture below:
Keen to hear your thoughts
Knowing this I have moved much of my funds out of exchanges, but now if I hold these funds in MetaMask, can someone initiate a payment without my consent?
I received a full-screen warning from MetaMask with a warning for Ethereum Phishing.
Picture below:
Keen to hear your thoughts
Your concerns about security with MetaMask are valid, especially given the rise in attempted hacks and scams in the crypto space. While MetaMask is a popular choice for managing Ethereum and other tokens, it's crucial to remain vigilant and take necessary precautions to protect your funds.
Regarding your question about unauthorized payments, MetaMask does offer robust security features to prevent unauthorized transactions. However, it's essential to ensure that your MetaMask wallet is adequately secured with a strong password and, if available, two-factor authentication (2FA).
The full-screen warning you received about Ethereum phishing is a testament to MetaMask's commitment to user safety. This warning indicates that MetaMask is actively monitoring potential threats and taking steps to alert users to potential risks.
In addition to relying on MetaMask's built-in security measures, consider practicing good security habits such as avoiding clicking on suspicious links, double-checking transaction details before confirming, and keeping your MetaMask software up to date with the latest security patches.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
I keep most of my assets on exchanges and a small part in my personal wallet, but so far I haven't encountered any significant problems either. If you save it on an exchange, save your password carefully and use all the double security features, if you save it in a personal wallet, save your recovery password carefully and don't connect your wallet to any site.As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
This has been tackled up in a lot of discussion that its never good to store your asset on exchange since there might issue to rise and your asset will be in trouble if scam happens.
For now you might not experience yet those issue but remember that FTX is a reputable exchange before but unfortunately they became scam and put a lot of their platform user in trouble, That's why its important to know about Not your keys not your coins keyword so that you will always be aware on this matter and move on possibly your funds to exchange then locate those wallets that you can truly trust the more. Metamask is good platform but we don't know on when they might encounter a issue so they need to do good decisions about this.
It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
So have you ever had problems when storing assets on an exchange? If yes, you should also tell it. As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
sometimes they keep their assets on the exchange because they do day trading or short-term investments. This is done to save costs, because if they make deposits and withdrawals all the time they lose a lot of costs.
I think Metamask is one of the best for now. Your picture is the proof that Metamask always protects you in your transactions. He said that the page you visited was marked as a malicious website based on their data. I recommend continuing to use metamask rather than being naked with your private key, obviously that is more dangerous. To store assets, I suggest you create a new wallet using MEW, and only use metamask for transactions by importing your wallet via metamask. Creating a wallet with metamask is a bit risky when other people know your key phrase and password. Having a lot of ETH, maybe buying a hardware wallet is safest.
Jump to: