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The best manual to get a transaction: Metamask explained
When it comes to sending cryptocurrency transactions, time is essential. The more you can confirm and process your transaction, the better. However, many users are left in the dark when trying to determine which method is the fastest way to secure their transaction.
To help clarify things, let’s study two common scenarios: using a traditional portfolio to send a transaction with Metamask or using Metamask directly to perform a blockchain Ethereum transaction.
Scenario 1: Using a traditional portfolio to send a transaction with Metamask
In this scenario, you usually use your favorite cryptocurrency portfolio (such as Coinbase, Binance) to send a transaction. This includes:
- Connect your traditional wallet with your Metamask account
- Choose of cryptocurrency and amount for transaction
- Create a new transaction or use of existing
- Confirm transaction data
The typical processing time of this method is about 2-5 minutes, depending on the congestion of the network.
Scenario 2: Using Metamask Direct to execute a blockchain transaction on Ethereum
Using Metamask is directly a more rational process that eliminates the need for an external portfolio. Here’s how it works:
- Connect your Metamask Account to your Ethereum Mainnet
- Choose of cryptocurrency and amount for transaction
- Create a new transaction using the built -in Metamask transaction builder or by copying/putting an existing existing
- Confirm transaction data
The processing time of this method is much faster than the traditional portfolio-based transactions, usually about 30 seconds to a few minutes.
Which method is faster?
In general, using Metamask directly through the Ethereum blockchain is the fastest way to accept a transaction. This is because it eliminates the need to transfer funds from your external portfolio to Metamask, which can slow down processing time.
However, if you do not have a short time or prefer to use an external portfolio, traditional portfolio transactions can be a faster option in this scenario.
Conclusion
While both methods have their advantages and disadvantages, using Metamask directly through a blockchain of Ethereum is usually the fastest way to accept a transaction. This rational process eliminates unnecessary steps and reduces processing time.
Remember to prioritize your security when sending cryptocurrency transactions, no matter which method you choose. Be sure to follow the best practices for safe control of the wallet and save your personal keys safe to avoid potential problems.