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What are the common mistakes to avoid when sending tokens to Metamask?

avatarSabinaMBDec 24, 2021 · 3 years ago3 answers

What are some common mistakes that people should avoid when sending tokens to Metamask?

What are the common mistakes to avoid when sending tokens to Metamask?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    One common mistake to avoid when sending tokens to Metamask is not double-checking the recipient address. It's important to verify that the address you are sending tokens to is correct, as sending tokens to the wrong address can result in permanent loss of funds. Always triple-check the address before confirming the transaction.
  • avatarDec 24, 2021 · 3 years ago
    Another mistake to avoid is not setting the correct gas limit. When sending tokens, you need to ensure that you set an appropriate gas limit to cover the transaction fees. If the gas limit is too low, the transaction may fail or get stuck. On the other hand, setting a gas limit that is too high can result in unnecessary fees. It's important to research and set the optimal gas limit for your transaction.
  • avatarDec 24, 2021 · 3 years ago
    Bydfi, a popular decentralized exchange, recommends users to be cautious when sending tokens to Metamask. They advise users to double-check the token contract address to ensure that they are sending the correct tokens. Additionally, users should always keep their Metamask software up to date to avoid any potential vulnerabilities. By following these precautions, users can minimize the risk of making mistakes when sending tokens to Metamask.