Thoughts about Metamask digital asset portfolio dApp
Metamask is a well-known crypto wallet and one of the most used wallets for defi segments. They have recently added a digital portfolio to their wallet and this is an application that is easy to use and we can access it through the wallet itself. I have started using a metamask wallet since that I'm I started my journey with decentralized finance because without a wallet we cannot transact. Today I noticed that there is an option to go to the portfolio site and this option is provided within the browser extension.
Metamask Portfolio
We can access this by opening the link- https://portfolio.metamask.io. We need to connect the wallet to the portfolio website and it shows all the balances that you are holding in the wallet. The user interface is easy to understand and we also get the option to choose a couple of things on the same page. For example, we can switch between tokens and NFT we just a toggle button. This is a good option and this weekend have a better view of our digital holding on the wallet.
There is also an option to choose one or more than one networks on the wallet and there is an option provided that we can easily choose. Now there is an option to choose light or dark mode depending upon our preference whereas the currency is also available to choose and there are plenty of options provided on the dropdown. While these options are easy to use there is an option to select the watch list where we can have an easy view of the tokens that we are tracking.
The portfolio is a useful feature and I'm glad that finally, metamask has provided the portfolio feature it to its users because this way we can keep a close track of the price movement and now there is nothing much to do to get updated information at any point in time. There are many third-party applications available that we can use as a portfolio and even this option is provided on the coin market cap but I believe this is more reliable and trustworthy. This is because we hold the tokens in the wallet and on the same holding we can see the price movement which makes it easy to track.
While I was checking the update I also got to know that Metamask is working on another feature that they are going to launch shortly. This feature is quite interesting in that people will be able to use the Fiat currency to crypto using the meta mask wallet and they have tied up with a third party to enable this option. This is like a bank-to-crypto transfer on Metamask wallet powered by sardine. Looks like there is more development and the team behind meta mask is trying to make it an even better wallet than it was. Earlier it was a basic wallet with limited functionalities but now it seems that the team is trying to make it better by adding more useful features. Usually, with such a decentralized wallet it has always been a challenge in terms of the functionalities but hopefully, with such changes, we can expect a better list of features.
I do not use this wallet every day but it is a necessity to hold the wallet because sometimes it is required and especially when we are transacting on any defi protocol then it is a must.. as of now we have a couple of wallets that we can use but metamask is still on the top and with each wallet, we need to follow a simple statue that not your keys, not your crypto. So there is no way that we need to compromise on security and we should always keep our wallet safe as much as possible so that we never go through the tough situation of losing our crypto holding.
Thank you so much
Stay Safe
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