Crypto Exchange | Metamask Wallet : Buy Cryptocurrencies.
A bitcoin exchange works like a brokerage, and you can deposit money via bank transfer, wire, and other common means of deposit. ... If a trader wants to trade between cryptocurrencies, they will pay a currency conversion fee, similar to institutional banks when you trade money from different countries. Crypto exchange and third parties offer storage for your coins through hot wallets, which are secure, but still online (and therefore still susceptible to hacking). Crypto held on an exchange or in a wallet is not FDIC-insured like money in the bank.
MetaMask is a software cryptocurrency wallet used to interact with the Ethereum blockchain. It allows users to access their Ethereum wallet through a browser extension or mobile app, which can then be used to interact with decentralized applications. It is encrypted and can only be decrypted with your password, but it's much easier to brute-force guess most passwords than 64-character private keys. Metamask Wallet are most often compromised through phishing and malware attacks and not direct cyberattacks. Well, It's quite safe.