r/Metamask

I'm seeing a lot of wallet providers offering them. Curious to know anyone's thoughts.

I tried the MetaMask credit card recently, because I wanted to experiment with ditching banks completely (it's not going to happen because I sitll get my salary in a bank).

At a first glance, the card looked like exactly what I needed: I'd be using my own self-custodial wallet, with the stablecoins I already had, and according to their advertisement, 1% cashback for the free card, and 3% for the metal one.

Then I made a test. I moved 200 USDC to my Solana wallet, configured the card, went through the KYC and everything, integrated with Apple pay, and it was ready to use. I hoped I could use EUR stable coins, since I live in Europe, but the only option was in a blockchain I had never heard about called Linea. Maybe it is popular, but I am not very familiar with the hundreds of blockchains that exist out there nowadays.

I made a small payment to test, and it worked very well, just like using any credit card. The transaction was charged directly in my wallet.

But then I started to get frustrated. My purchase was for 5,49 €, and I got charged 6,49 USDC, but according to the conversion rate, it should have been $ 6,43, so I got charged about 1% more. I thought: maybe that's why they are offering a 1% cashback. Then I went to check the cashback, and realized it only works if I am spending tokens in the Linea blockchain, so for me it became very pointless.

After this I gave Bleap a try, because everybody was saying it is the best crypto card ever, but they didn't complete my identification yet, and I can already see it is not what I am looking for, because it looks like they decided, trying to simplify crypto for beginners, to remove the crypto part completely. I couldn't find a way to import/export private keys, and not even a way to send/receive stablecoins.

And lastly, to end my rant, I researched (asked ChatGPT) about the economics behind credit card payments, and as I understand, it can be profitable for card issuers, because the merchants pay 2-3% in fees, that go mostly to the card issuer, so they could earn money without punishing their users.

Did anyone try this card on USA? Does it make sense for you? I mean, the 1% I paid extra is understandable considering I am not spending in the same currency, but because I can't use (popular) EUR stablecoins I cannot know if they wouldn't charge me some fee.

I swapped a total 37,028 of wOCT from my wallet to 2010 USDT swap on chain. 
This was the executed transaction tx: 

https://etherscan.io/tx/0x98724339b603a0158aab2f7a2a350ff47f8501f0bbb49e946a6f8d84eb7fc5ad

Instead of receiving my funds, I was only sent ~$1,576 USDT. When I checked the on-chain data, it clearly showed that the swap successfully executed for the full $2,010. However, the platform's smart contract deliberately routed $421.80 USDT straight into one of their own wallets:

0xd0A67cB08BE17475f4315a04C5F0Be3e200Ef66c⁠

This is deceiving users, providing them with false information and stealing funds without disclosing. 

I contacted support and they replied with:

“ 1:1 exchange rate for an asset pair is not guaranteed when trading on a decentralized market with limited liquidity. If the market for the token pair lacks sufficient liquidity, trading can result in a significant price impact, which leads to a lesser fiat value of the received token.”

When I asked customer support, they tried to brush it off by blaming "low liquidity" and "price impact." This is a blatant lie. The blockchain proves there was no price impact issue, the full amount was generated, and they simply pocketed a massive, undisclosed 20% cut. Providing false information to cover up hidden extractions is theft. Stay away.

I need help concerning my wallet transaction, transaction been pending more than two hours now

Can anyone help me out?

Is there anybody that ever successfully froze a scammers address and got funds back?

I am very new to metamask so trying to figure this out. I sent SOL to my metamask wallet. But the payment processor where I am trying to buy stuff only accepts 'Base' or 'Polygon' USDC.

I am trying to swap SOL for USDC but it keeps saying 'Unable to get a quote right now. Try again.'

How do I do it?

Can i create a new metamask wallet without having my email address added?

I’ve sent ETH before with no issues. Bought USDT from metamask in the ETH network, and I’m attempting to send to someone but their address cannot be found. I’m not sure if it’s because I bought under the wrong network, or another reason.

I apologize if it’s a stupid question, just not sure what to do.

Hi there!
I haven’t used MM for a while. Now that I want to login, I notice that I can’t log in via my email address any more. It seems that I haven’t saved my seed phrase. Can someone help me with this?

My friend has USDT and TRX on his wallet. He's trying to transfer the assets he has but any amount we tried we get this "insufficient funds" error. How to fix, thx.

https://preview.redd.it/9pevnisqnxzg1.png?width=2816&format=png&auto=webp&s=dd8d8280aa15a30a1baa175ccee36ce436981385

https://preview.redd.it/frbi99nrnxzg1.png?width=1920&format=png&auto=webp&s=3f6fce5220b7215231896dc22636f37cb28cc04b