How to Add Terra Network to Metamask: A Step-by-Step Guide

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How to Easily Add Terra Network to Metamask: A Step-by-Step Guide

If you are a cryptocurrency enthusiast, chances are you’ve heard about Terra (LUNA) and its growing popularity in the blockchain industry. Terra is a blockchain protocol that focuses on stablecoins and enables programmable money for the new internet economy. One of the first steps to start using Terra is to add the Terra network to Metamask, a popular Ethereum wallet. In this step-by-step guide, we will walk you through the process of adding the Terra network to Metamask so that you can start interacting with the Terra ecosystem.

Step 1: Install Metamask

The first step is to install Metamask if you haven’t done so already. Metamask is a browser extension that serves as a wallet to manage your Ethereum-based assets. You can download Metamask as an extension for Google Chrome, Mozilla Firefox, or Brave browser. Once installed, set up your Metamask account by creating a new wallet or importing an existing one.

Step 2: Open Metamask

After installing Metamask, open the extension by clicking on the Metamask icon that should now appear in your browser toolbar. This will open the Metamask interface where you can access your wallet and manage your Ethereum assets.

Step 3: Access Network Settings

In the Metamask interface, click on the network selection dropdown located at the top. By default, the network is set to Ethereum Mainnet. Selecting a different network will allow you to switch between different blockchains and add custom networks.

Step 4: Add Custom Network

Click on the “Custom RPC” option at the bottom of the network selection dropdown. This will open a form where you can enter the details to add the Terra network.

Step 5: Enter Terra Network Details

In the form, enter the following details to add the Terra network:

Network Name:

Terra

New RPC URL:

https://lcd.terra.dev

Chain ID:

columbus-4

Symbol:

LUNA

After entering the details, click on the “Save” button to add the Terra network to Metamask.

Step 6: Switch to Terra Network

Once you have successfully added the Terra network, go back to the network selection dropdown and select the Terra network from the list. Metamask will now connect to the Terra network, and you will be able to see your Terra account balance and interact with the Terra ecosystem.

Congratulations! You have successfully added the Terra network to Metamask. Now you can start exploring the world of Terra and enjoy the benefits of programmable money on the new internet economy.

What is Terra Network?

What is Terra Network?

Terra Network is a decentralized blockchain platform that aims to create a stable and scalable global payment system. It was founded in 2018 by Daniel Shin and Do Kwon and is built on the Cosmos SDK.

Unlike traditional cryptocurrencies, Terra Network’s main focus is on price stability. It achieves this by anchoring its cryptocurrency, Terra (LUNA), to a basket of fiat currencies, such as the US dollar and the South Korean won. This stability makes Terra a reliable medium of exchange and store of value.

Terra Network also leverages a unique mechanism called algorithmic stablecoins to maintain stability. These stablecoins are backed by collateral, such as other cryptocurrencies, and are algorithmically adjusted to match their target value.

One of Terra Network’s key features is its interoperability. It provides a set of tools and infrastructure that allows developers to build applications and connect them to Terra’s blockchain. This opens up a range of possibilities for decentralized finance (DeFi) applications, cross-border payments, and more.

Terra Network’s native token, LUNA, is essential for maintaining the stability of the network. It is used to stabilize the algorithmic stablecoins and secure the blockchain through staking.

Overall, Terra Network is an innovative blockchain platform that combines stability, scalability, and interoperability. It has the potential to revolutionize the way we make payments and interact with decentralized applications.

What is Metamask?

What is Metamask?

Metamask is a browser extension that allows users to interact with the Ethereum blockchain. It serves as a digital wallet, enabling users to store, send, and receive Ethereum and other ERC-20 tokens. Metamask also provides a user-friendly interface for accessing decentralized applications (DApps) built on the Ethereum network.

With Metamask, users can securely manage their cryptocurrencies and interact with smart contracts without needing to run a full Ethereum node. It acts as a bridge between the user’s web browser and the Ethereum network, providing a seamless and convenient experience for decentralized finance (DeFi) enthusiasts and crypto investors.

Metamask provides users with a unique mnemonic phrase, known as a seed phrase, that can be used to restore their wallet in case of loss or theft. This seed phrase is encrypted and stored locally on the user’s device, ensuring the security of their funds. Additionally, Metamask allows users to connect to various Ethereum networks, including the mainnet, testnets, and custom networks.

Overall, Metamask is a powerful tool for anyone looking to explore and engage with the world of decentralized applications and cryptocurrencies. Its ease of use, security features, and compatibility with popular web browsers make it a popular choice among Ethereum users.

Step 1: Install Metamask Extension

Step 1: Install Metamask Extension

To add Terra Network to Metamask, you will first need to install the Metamask browser extension. Metamask is available for Google Chrome, Firefox, and Brave browsers.

Here’s how to install Metamask:

Here's how to install Metamask:

  1. Open your browser and search for “Metamask extension”.
  2. Click on the official Metamask website.
  3. Click on the “Download” button to start the installation.
  4. Follow the prompts to complete the installation process.
  5. Once installation is complete, you will see the Metamask icon added to your browser’s toolbar.

After installing Metamask, you will need to set up a new wallet or import an existing one. Make sure to securely backup your wallet’s seed phrase as it is crucial for recovering your wallet in case of loss or device change.

Go to the Metamask website

Go to the Metamask website

To add Terra Network to your Metamask wallet, you will need to access the Metamask website. Follow the steps below to get started:

  1. Open your preferred web browser and enter https://metamask.io/ in the address bar.
  2. Press the Enter key or click the Go button to load the Metamask website.

Once you have reached the Metamask website, you can proceed with the next steps to add Terra Network to your wallet.

Click on the “Get Extension” button

Click on the

To add the Terra Network to your Metamask wallet, you need to start by getting the Metamask browser extension. The extension allows you to manage your digital assets and interact with decentralized applications (DApps) on the Terra blockchain.

To get the Metamask browser extension, follow these steps:

  1. Open your preferred web browser and go to the official Metamask website at https://metamask.io/.
  2. On the Metamask website homepage, you will see a “Get Extension” button. Click on it to start the download process.
  3. You will be redirected to the browser extension store associated with your web browser. For example, if you are using Google Chrome, you will be taken to the Chrome Web Store. If you are using Firefox, you will be directed to the Firefox Add-Ons store.
  4. On the browser extension store page, click on the “Add to [Browser Name]” button to initiate the installation process. For example, if you are using Chrome, you will click on the “Add to Chrome” button.
  5. A confirmation dialog will appear asking for your permission to add the extension to your browser. Click on “Add extension” to proceed.
  6. The Metamask extension will be downloaded and installed on your web browser. Once the installation is complete, a new tab or window will open with the Metamask welcome screen.

By following these steps, you have successfully added the Metamask browser extension to your web browser. You are now ready to connect your Metamask wallet to the Terra Network and start enjoying all the benefits of the Terra blockchain.

Follow the instructions to install Metamask

Follow the instructions to install Metamask

If you don’t have Metamask installed on your browser yet, don’t worry! Follow these simple steps to download and set up Metamask:

  1. Open your preferred web browser (Google Chrome or Firefox).
  2. Search for “Metamask” in your browser’s search bar and click on the official Metamask website.
  3. On the Metamask website, click on the “Get Chrome Extension” or “Get Firefox Extension” button, depending on your browser choice.
  4. A new tab will open with the Metamask page on the Chrome Web Store or Firefox Add-ons store. Click on the “Add to Chrome” or “Add to Firefox” button to begin the installation.
  5. A confirmation window will appear. Click on “Add extension” to proceed with the installation.
  6. Once the installation is complete, the Metamask icon will appear in your browser’s toolbar.
  7. Click on the Metamask icon to launch the extension.
  8. A welcome screen will appear. Click on the “Get Started” button.
  9. On the next screen, you’ll be asked to create a new wallet or import an existing one. Choose the option that suits you best and follow the on-screen instructions to complete the setup.
  10. After setting up your wallet, you’ll be ready to use Metamask and add Terra Network to it.

Now that you have Metamask installed, you can proceed with the next steps to add Terra Network to your wallet. Make sure to follow the instructions carefully to ensure a successful integration.

Frequently Asked Questions:

What is Terra Network?

Terra Network is a blockchain platform that aims to create a stablecoin ecosystem and bridge the gap between traditional finance and decentralized finance (DeFi).

What is Metamask?

Metamask is a cryptocurrency wallet and browser extension that allows users to interact with the Ethereum blockchain and various decentralized applications (dApps).

Why would I want to add Terra Network to Metamask?

Adding Terra Network to Metamask allows you to easily interact with Terra-based tokens and decentralized applications (dApps) within the Metamask wallet. It expands your options for using Terra-based assets and participating in the Terra ecosystem.

Video:

How to send Terra LUNA from Gemini to your Terra wallet by using Metamask wallet and Terra Bridge.

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