Unveiling the do’s and don’ts of MetaMask Wallet transaction
Last updated
Last updated
MetaMask Wallet presents you with a safe space on the internet, where you can keep your funds locked in. However, there are some major security protocols that one must go through while working on the wallet here. If you do not cooperate with the wallet and its security rules, it will directly impact the funds you’ve stored in the wallet. But this guide isn’t about the security tips on MetaMask, rather we will discuss a few issues going around the MetaMask Wallet and how to deal with them. As a MetaMask user, if you have problems related to your transactions on the wallet, then this is the right blog for you. To learn the full story, just read the presented guide till the end.
It is highly risky to reset your MetaMask account, without any proper advice from experienced persons as well. On rare occasions, you might go through the issue of pending transactions on the MetaMask App. There is a plethora of troubleshooting measures one can execute to tackle this issue. Butsometimes, even after the execution of those steps does not result in the outcome you want. And the last option for you is to contact the support service for their guidance. And if they guide you to reset your account, only then you must take such a drastic step. After the reset, it will completely wipe your transaction history, including any of your pending transactions on the MetaMask. Thus, understanding the impact of the wallet reset, we again remind you to only reset your account when the support executive of the MetaMask Wallet asks you to do so.
There is a major difference between the two, so do not think of them as the same. The names mightseem a little similar like synonyms, but don’t let it fool you. Thus, we are here to help you to differentiate between them. The Account Reset means deleting all the transaction history fully of your MetaMask Wallet account. Moving on to the Reset Wallet procedure, it means that it will return your account to the same position as it was, when you opened it for the first time after the execution of download MetaMask steps. We hope that now you understand the difference between the two highly important procedures. However, if you need any further guidance on the topic the official platform is always available for you to work on.
Often beginners face this issue when they first receive tokens from the sender to their MetaMask Wallet account. And if you have the same issue, allow us to enlighten you that some tokens are subject to ‘tax’. So, check on the received token list on the transaction history and look if either any of your tokens is liable as taxable or not. The tax range varies from token to token, for instance, you will have to pay 10% on the SAFEMOON transactions.
We hope that through the blog here, we were able to guide you about the transactions on the MetaMask. However, this is not the complete description of the transactions, as there are several topics left to learn. If this topic interests you, then feel free to use the MetaMask wallet official website and find its educational resources on it. The said resources will explain to you a better and deeper knowledge of the platform that you must know of. Use support services for any problem.
