The MetaMask wallet is one of the leading web3 wallets for NFT integration. The cryptocurrency wallet is known best as a browser extension that interacts with the Ethereum mainnet. However, MetaMask can now connect to other major blockchains aside from Ethereum. One of these blockchains is the Fantom network.
Fantom is an EVM-compatible blockchain adapted for smart contract transactions. This means that existing DApps and smart contracts on Ethereum and EVM blockchains can be easily imported to Fantom. Below we take you through the steps on how to add Fantom to MetaMask and receive FTM tokens.
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Does MetaMask support Fantom?
There has been an explosion of new wallets created on the Fantom network. Below you can see that the TVL for Fantom is $68.4m. The low-fee EVM-compatible blockchain is known for its smart contract capabilities. The network uses the proof-of-stake (PoS) consensus algorithm powered by its FTM coin. Since MetaMask fully supports EVM blockchains and layer-2 networks, you can easily integrate Fantom into the wallet. MetaMask can be added as an extension to your browser or installed on a mobile device.
Steps to add Fantom to MetaMask
Here’s how to install the wallet and how to add Fantom to MetaMask.
Step 1: Install MetaMask to your browser
The first step is to download and install MetaMask on your browser. MetaMask-supported browsers include Chrome, Firefox, Opera, Brave, and Edge. Choose the one you need, follow the on-screen instructions, and agree to the terms of use. You will be prompted to either create a new wallet or import an existing one. In this case, we are creating a new one.
Step 2: Set up a seed phrase
The next step is to create a strong password after the wallet is installed. Afterward, you will be instructed to create a seed phrase. This phrase will function as another layer of security in case you are ever locked out of your wallet. Note that your password is not your seed phrase.
You can choose to opt out of this step, but it’s encouraged not to, as having a seed phrase backup can save you headaches later on. Just make sure to keep it in a safe place where no one will see it. The system will then ask you to repeat the phrase back for security. This process will connect automatically to Ethereum.
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Step 3: Select a network
You’re not yet ready to use the wallet’s features. To add a network, look for the Ethereum mainnet drop-down menu. Then click on “Add Network,” which will redirect you to the “Add a network” page. Look for Fantom Opera in the list and click “add.” The network’s data should already be available. But if it’s not, and you’re asking to insert the Custom RPC, insert the details below:
- Network Name: Fantom
- New RPC URL: https://rpc.ftm.tools/
- Chain ID: 250
- Symbol: FTM
- Explorer: https://ftmscan.com/
Step 4: Add Fantom to MetaMask
The network should be added successfully now. Click on “Switch to Fantom Opera” to be directed to the network. You will now have access to the network’s features. You may also import your FTM tokens at this stage.
How do I find the RPC URL for Fantom Network on MetaMask?
The MetaMask wallet has an Ethereum mainnet drop-down menu on the main screen. If you click on “add a network” from this menu, you will be presented with a list of networks. After selecting Fantom Opera, the network’s data should already be presented. This includes the RPC URL, chain ID, symbol, and explorer. If it does not show up, then you can manually insert the information, including the RPC URL, which is https://rpc.ftm.tools/.
Using Fantom on MetaMask
Now that you have the Fantom Opera network added to your MetaMask wallet, you can take advantage of its features. This includes sending and receiving Fantom’s FTM tokens, collecting NFTs, and interacting with the decentralized applications.
Interacting with Fantom-based DApps
The MetaMask wallet has a built-in DApp browser that lets you explore decentralized applications from your mobile device. All you have to do is switch to the network where the application runs and select “Browser” from the menu that appears when you click the Menu bar from the top left corner of your screen. Then enter the link to the platform you want to visit into the search bar. The browser connects you to the platform and lets you connect your wallet.
Can I use Fantom tokens with a regular Ethereum wallet on MetaMask?
You can use Fantom tokens on MetaMask; you will need to do this manually. To do this:
- Visit FTMScan to locate the token contract and details of the token. For tokens not on FTMScan, look for the contract address on the project’s official website or social media channels.
- From MetaMask, click “Import Tokens.”
- Copy and paste the token’s contract address
- Click “Add Custom Token”
- Click “Import Tokens”
Fantom’s native token FTM is necessary to pay for transactions when connected to Fantom Opera. Keep in mind that FTM can only exist in three formats:
- FTM (native, on Fantom Opera)
- ERC-20: On Ethereum
- BEP-2: On the Binance Chain.
Did you know? Cross-chain protocol Multichain has just experienced a major setback that has drastically disrupted DeFi activities on Fantom. The Fantom network’s TVL took a nosedive and Multichain bridged assets are depegging.
Adding networks to MetaMask is simple
Adding a network to MetaMask is intuitive and straightforward, thanks to the wallet’s new multi-chain functionality. You can also integrate its varied features and swap tokens. If you were wondering how to add Fantom to MetaMask, now you can do so without wasting any time or resources. Remember to always follow crypto wallet security best practices to ensure you keep your crypto and NFTs safe and secure.
Frequently asked questions
Can I add multiple networks to MetaMask?
Is my MetaMask seed phrase compatible with Fantom Network?
How do I connect MetaMask to Fantom network?
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