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Author Topic: Metamask now supporting bitcoin?  (Read 358 times)
Ben Barubal
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February 01, 2024, 03:20:27 AM
 #21

   I did read something like that that there is a Bitcoin deposit and withdrawal in Metamask, but I have not tried to do that. I'm not comfortable, and I don't have confidence. There are really different wallets that are really for Bitcoin, like Electrum, Exodus, and others.

   Then often having issues with metamasks is quite dangerous for me, and I also think that no bitcoin holders have tried that in my opinion on that matter that you are saying.

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Uhwuchukwu53
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February 01, 2024, 06:02:25 AM
 #22

Metamask now supporting bitcoin or a mistake from the news? Yes there are misinformation on news sometimes.

The new integration allows users to withdraw cryptocurrencies like Bitcoin directly from a wallet like MetaMask to a Visa debit card.

The last time I used Metamask, it is only supporting altcoins and not supporting bitcoin.

I do not want to download Metamask to check this which I think is a long process than asking on this forum.

The information from the things I have read show that it did not support . If there is any plan They are craving for such, it's is what I can't tell for now. You can still check the source where you got the information for more details because I don't think if it support. The this link can still clarify you.https://www.datawallet.com/crypto/add-bitcoin-to-metamask#:~:text=Summary%3A%20MetaMask%20does%20not%20support,%2C%20and%20BRC%2D20%20tokens.

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February 01, 2024, 06:16:29 AM
 #23

Metamask now supporting bitcoin or a mistake from the news? Yes there are misinformation on news sometimes.

The new integration allows users to withdraw cryptocurrencies like Bitcoin directly from a wallet like MetaMask to a Visa debit card.

The last time I used Metamask, it is only supporting altcoins and not supporting bitcoin.

I do not want to download Metamask to check this which I think is a long process than asking on this forum.
Metamusk not build such technology that can support orginal bitcoin chain but it can support btc on BNB or ETH chain which consider as a altcoins. that bitcoin is not orginal and no one can guarantee you that btc can't scam like orginal btc. so this news is not very attractive for us. so Electrum as a software wallet and another hardware wallet is always better for bitcoin holding and transaction
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February 01, 2024, 06:52:34 AM
 #24

Metamask now supporting bitcoin or a mistake from the news? Yes there are misinformation on news sometimes.

The new integration allows users to withdraw cryptocurrencies like Bitcoin directly from a wallet like MetaMask to a Visa debit card.

The last time I used Metamask, it is only supporting altcoins and not supporting bitcoin.

I do not want to download Metamask to check this which I think is a long process than asking on this forum.
I think it doesn't support Bitcoin maybe due compatibility issue on ETH network

But they have some article regarding on this but I never try to do it since there's so many bitcoin wallet available around and didn't bother to use Metamask for bitcoin storing if possible or anything.

Also already read the article provided by @Uhwuchukwu53 and people could try that if they want to use Metamask as their alternative wallet.

For convenient reasons would rather choose other wallet that support bitcoin already rather than spend sometime doing something just to add bitcoin on their list. But anyways its up for people if they would try this one.

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February 01, 2024, 10:26:09 AM
 #25

For convenient reasons would rather choose other wallet that support bitcoin already rather than spend sometime doing something just to add bitcoin on their list. But anyways its up for people if they would try this one.
I would choose a wallet with long history of their wallet product to store Bitcoin than jump to a new one.

Metamask is not a new wallet and I use it for my altcoin storage, for swapping with DEX but I will not use it for storing Bitcoin. Because I don't know their security for a new product and it will be tested by time but I never want to be a tester.

With Bitcoin, I use Electrum wallet and sometimes use my account on centralized exchange when I need to take profit. Take profit can be done immediately if price is good or if I want to speculate and deposit first to wait for good price, it will take me sometimes and I have to store my bitcoin on CEX.

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February 01, 2024, 11:51:59 AM
 #26

Just opened the Metamask already and nothing has changed, it still does not support Bitcoin but just altcoins. If that news is not made by mistake, it is probably fake news from the wrong site because I'm sure the author must know it before publishing.

Well, we're not sure about the upcoming events and the plan of Metamask but just visiting the site, I can't find BTC there.
I'm not hoping they will support Bitcoin but if they did it, then much better. Besides, it was for the good of everybody, similar to what exchanges did where  BTC and Altcoins were accepted.
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February 02, 2024, 02:48:28 PM
 #27

If that news is not made by mistake, it is probably fake news from the wrong site because I'm sure the author must know it before publishing.
It's not fake, as I said before, this news does not highlight the functionality of a wallet. If the author had taken the example of TrustWallet instead of Metamask, it might have been somewhat relevant. I checked my TW recently, the Transak widget is really integrated to exchange fiat to btc (and vice versa) directly in the wallet with visa cards.
And in fact, Transak is not an exclusive service. There are several similar payment processing brands before such as Moonpay, Mercuryo, Banxa, etc.

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FinneysTrueVision
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February 05, 2024, 05:17:58 AM
 #28

Just opened the Metamask already and nothing has changed, it still does not support Bitcoin but just altcoins. If that news is not made by mistake, it is probably fake news from the wrong site because I'm sure the author must know it before publishing.

Well, we're not sure about the upcoming events and the plan of Metamask but just visiting the site, I can't find BTC there.
I'm not hoping they will support Bitcoin but if they did it, then much better. Besides, it was for the good of everybody, similar to what exchanges did where  BTC and Altcoins were accepted.

There is a new feature called Metamask Snaps which are basically just web apps that you can connect Metamask to for some extended functionality. One of these Snaps is Shapeshift Multichain which allows you to manage your BTC, LTC, and DOGE keys with Metamask while using Shapeshift's web app as an interface. Using Metamask is supposed to be more secure than just using a plain web app without any external device or application managing your keys but it's still not something which should be trusted with any significant amount of Bitcoin.

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davis196
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February 05, 2024, 07:04:24 AM
 #29



Yes, I don't think that Bitcoin's blockchain is compatible with MetaMask EVM (Ethereum Virtual Machine).

Perhaps this is just a mistake, maybe what they meant is Wrapped BTC or WBTC. And any case, this just shows how poor crypto journalism is.

Crypto journalism isn't "poor". It just relies on clickbait. Nobody would pay attention to any news about Metamask accepting some shitcoin/token, that is pegged to Bitcoin. Everyone in the crypto world would pay attention to the "Metamask now supporting Bitcoin!" news.
I would never use Metamask, even if they somehow started supporting actual Bitcoins. Metamask doesn't seem like a secure wallet to me.
There are even "Metamask drainer" software programs that are being promoted over the darkweb. I don't want any hacker to drain my Metamask wallet out of nowhere.

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February 05, 2024, 07:28:46 AM
 #30

Some months ago (early last year, I guess), there was also information stating that Metamast has allowed its customers to purchase cryptocurrencies directly on the wallet with just the use of their debit visa card. Although I did not try those features then to confirm they were working, if they were actually working back then when they released that first information, then I have nothing to be surprised about this current information about allowing users to sell their bitcoin right on the metamask. If this is actually right, then I think it's kind of safe, since a bitcoiner will not need to perform any KYC before they can sell their bitcoin. I can't assure you, but if I have too much free time, I will check this out and drop a feedback.
The others have said it already, that Metamask's EVM isn't compatible with Bitcoin's model of Proof of Work so I don't think that it's a real thing unless of course Metamask themselves decides to say that they're doing it which I don't think is going to happen anytime soon, they're mostly used for altcoins. I do wish that they have that too but not everything that we say will be willed into existence or that it makes sense.

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peter0425
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February 05, 2024, 07:34:20 AM
 #31

   I did read something like that that there is a Bitcoin deposit and withdrawal in Metamask, but I have not tried to do that. I'm not comfortable, and I don't have confidence. There are really different wallets that are really for Bitcoin, like Electrum, Exodus, and others.
Yeah and why do we need to  risk when there are dedicated wallet for bitcoin ? for me this is experimental and may cause you losing funds ,
why need to use metamask when there are several best bitcoin wallet that we have been using over the years now.
Quote
   Then often having issues with metamasks is quite dangerous for me, and I also think that no bitcoin holders have tried that in my opinion on that matter that you are saying.
That is also correct , and for me this sounds a trap because of the issues metamask have been facing about their wallet , I have stopped using them back  in the years.

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February 05, 2024, 09:14:51 AM
 #32


Yes, I don't think that Bitcoin's blockchain is compatible with MetaMask EVM (Ethereum Virtual Machine). Perhaps this is just a mistake, maybe what they meant is Wrapped BTC or WBTC. And any case, this just shows how poor crypto journalism is.


What can you expect when those who are reposting on crypto news actually do not understand cryptocurrency in the first place?  This can be easily rectified if the author is really into Bitcoin and the alts and the things in between including wallet matters. Anyway, maybe the point is that there are now people who are looking forward to see BTC supported by Metamask...but is that even remotely possible?

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February 05, 2024, 10:23:51 AM
 #33

   I did read something like that that there is a Bitcoin deposit and withdrawal in Metamask, but I have not tried to do that. I'm not comfortable, and I don't have confidence. There are really different wallets that are really for Bitcoin, like Electrum, Exodus, and others.
Yeah and why do we need to  risk when there are dedicated wallet for bitcoin ? for me this is experimental and may cause you losing funds ,
why need to use metamask when there are several best bitcoin wallet that we have been using over the years now.
Quote
   Then often having issues with metamasks is quite dangerous for me, and I also think that no bitcoin holders have tried that in my opinion on that matter that you are saying.
That is also correct , and for me this sounds a trap because of the issues metamask have been facing about their wallet , I have stopped using them back  in the years.
Yes, it appears that people are apprehensive about risking their Bitcoin by sending it through Metamask. There has been a discussion around the possibility of it being an error, as the information provided suggests that the EVM of Metamask is not compatible with Bitcoin. To prevent the risk of losing funds, it would be wiser to wait for an official announcement regarding this matter.

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