Introduction
Metamask is a popular Ethereum wallet that allows users to store, manage, and transact with Ether and other ERC-20 tokens. In this guide, we'll focus on how to handle transactions and failed transactions using Metamask.
Also Know: what to do when Failed Metamask Transactions?
Section 1: Creating a Transaction To create a transaction, first, make sure that you have enough funds in your wallet. Then, open Metamask and select the "Send" button. Next, enter the recipient's wallet address and the amount of Ether or ERC-20 tokens you wish to send. You can also add a message or memo to the transaction. Finally, click the "Next" button to confirm the transaction details and set the gas fee.
Section 2: Confirming a Transaction Once you've created a transaction, you'll need to confirm it. Metamask will display a pop-up window showing the transaction details and the gas fee. You can adjust the gas fee according to your preference, but keep in mind that a higher gas fee will result in a faster transaction. Once you're satisfied with the details, click the "Confirm" button to send the transaction to the Ethereum network.
Section 3: Handling Failed Transactions Sometimes, a transaction may fail due to several reasons, including insufficient funds, low gas fees, or network congestion. If your transaction fails, Metamask will display an error message with a link to the transaction details on Etherscan. You can use this link to check the transaction status and see why it failed.
If your transaction failed due to insufficient funds, you'll need to add more Ether to your wallet to cover the gas fee. If the transaction failed due to a low gas fee, you can try resending the transaction with a higher gas fee. If the network is congested, you may need to wait for a while and try again later.
Section 4: Cancelling a Transaction If you've sent a transaction but want to cancel it, you can do so by clicking the "Cancel" button on the transaction details page. However, you can only cancel a transaction if it hasn't been confirmed by the network yet. Once a transaction has been confirmed, it cannot be cancelled.
Also Know: Can You Import A Coinbase Wallet To MetaMask
Conclusion
In summary, Metamask is a powerful tool for managing your Ethereum transactions. By following the steps outlined in this guide, you'll be able to create, confirm, and handle failed transactions using Metamask with ease. Remember to always check the transaction details and gas fees before confirming a transaction, and be patient if a transaction fails or takes longer than usual to confirm.
