MetaMask Alternatives in 2022

MetaMask is a decentralized cryptocurrency wallet for storing, transferring and receiving ERC-20 tokens. The wallet can be connected to any Ethereum-based network: BNB Smart Chain (BSC), Polygon, Harmony or HECO. MetaMask allows working with decentralized exchanges (DEX) and DeFi-applications. In this article we will learn about MetaMask alternatives and how they differ from each other? 

About Metamask

MetaMask is a popular browser extension with an established reputation that functions as a cryptocurrency wallet that connects to the Ethereum blockchain. MetaMask is a browser extension developed by developer ConsenSys that allows Ethereum users to use the decentralized web. The decentralized web is home to a wide array of features, such as different types of games and encrypted messaging, while providing security and complete control over personal data. In fact, it is one of the best Ethereum wallets for easy access to decentralized exchanges (DEX), gaming platforms, betting sites, online casinos and many other applications.The wallet is compatible with all common browsers: Chrome, Firefox, Brave and more. In addition to Ethereum's own currency, ETH, MetaMask can also store tokens built on the ERC-20 and ERC-721 protocol standards.

Pros and Cons

Pros:

  • User-friendly and functional interface Open-source and non-custodial
  • Easy to use and supports all tokens on Ethereum
  • Available on popular browsers

Cons:

  • It is a hot wallet

Metamask wallet Summary

Metamask Review Summary 

95% Overall

We have analyzed key features of MetaMask based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Number of coins
    Based on researches and our own tests, we have made an independent rating.
93%
Trustworthy
95%
Usability
97%
Fees

Best Metamask Alternatives by Features

Trust and Security

Coinbase Wallet

Coinbase Wallet is a mobile cryptocurrency wallet from Coinbase. It supports more than 500 ERC20 cryptocurrencies and tokens. The wallet allows to buy cryptocurrency with a bank card, work with exchanges and decentralized applications (dApp).

Pros and Cons

Pros:

  • Good reputation and high reliability
  • Self-custodial wallet
  • Mobile app available on Apple and Android
  • Backed by Coinbase support team
  • Developed by world-leading Coinbase exchange team

Cons:

  • As a hot wallet, it is not the most secure
Coinbase Wallet summary
coinbase logo

Coinbase Wallet Review Summary 

89% Overall

We have analyzed key features of Coinbase wallet based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Number of coins
    Based on researches and our own tests, we have made an independent rating.
88%
Trustworthy
90%
Usability
87%
Fees

Ledger Nano S

The benefits of Ledger

Ledger nano S is a hardware cryptocurrency wallet released by Ledger in 2016, which to this day is one of the most popular hardware wallets in the world.

Pros and Cons

Pros:

  • Good reputation and high reliability
  • The best option for beginners
  • Cold wallet
  • More than 1,100 coins and tokens

Cons:

  • Need to buy at a high price
Ledger Nano S summary

Ledger Nano S Review Summary 

90% Overall

We have analyzed key features of Ledger Nano S based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Number of coins
    Based on researches and our own tests, we have made an independent rating.
91%
Trustworthy
86%
Usability
93%
Fees

Blockchain support

TrustWallet

Trust Wallet is a mobile app for iOS and Android devices from the developers of the famous cryptocurrency exchange Binance. Thanks to its ability to operate with a large list of tokens and its extensive functionality, Trust Wallet quickly gained its client audience in the market and today is one of the most downloaded cryptocurrency apps.

Pros and Cons

Pros:

  • Good reputation and high reliability
  • The best option for beginners
  • More than 500 coins and tokens

Cons:

  • There have been break-ins
TrustWallet Summary

TrustWallet Review Summary 

93% Overall

We have analyzed key features of TrustWallet based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Number of coins
    Based on researches and our own tests, we have made an independent rating.
90%
Trustworthy
93%
Usability
96%
Fees

Exodus Wallet

Exodus Wallet is a relatively new software wallet that has already gained popularity. Its creators were J.P. Richardson and Daniel Castagnoli. Richardson has previously written code for numerous cryptocurrency projects, while Castagnoli has worked as a designer for major companies such as Apple, BMW and Nike.

Pros and Cons

Pros:

  • Good reputation and high reliability
  • The best option for beginners
  • Many tokens

Cons:

  • Interface
Exodus Summary

Exodus Review Summary 

86% Overall

We have analyzed key features of Exodus based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Number of coins
    Based on researches and our own tests, we have made an independent rating.
86%
Trustworthy
88%
Usability
83%
Fees

Compatibility

Phantom Wallet

You can use the Phantom Network wallet to send, receive and exchange cryptocurrencies with full control over your keys. "Phantom generates passwords and keys directly on your device, so only the owner has access to their funds and private information."

The Phantom wallet supports tokens built on the Solana blockchain, including Solana-based tokens, non-exchangeable tokens (NFTs) and USD Coin tokens (USDC). It is available for Chrome, Firefox, Edge and Brave as well as for iOS.

Pros and Cons

Pros:

  • Good reputation and high reliability
  • Many coins

Cons:

  • Solana blockchain unstable
Phantom summary

Phantom Review Summary 

88% Overall

We have analyzed key features of Phantom based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Fees
    Based on researches and our own tests, we have made an independent rating.
89%
Trustworthy
86%
Usability
90%
Fees

Payment methods

Enjin Wallet

Enjin Wallet is a secure and easy-to-use mobile cryptocurrency wallet. It is extremely easy to use and contains advanced features such as a Dapp browser, QR code scanner and cryptocurrency exchange.
Enjin, the company that created the wallet, was founded in 2009 in Singapore. The wallet was created in January 2018. Since then, serious work has been done to improve the security and increase the number of features of the product.

Pros and Cons

Pros:

  • Good reputation and high reliability
  • Many coins

Cons:

  • Enjin is not popular
Enjin summary

Enjin Wallet Review Summary 

88% Overall

We have analyzed key features of Enjin Wallet based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Fees
    Based on researches and our own tests, we have made an independent rating.
86%
Trustworthy
87%
Usability
89%
Fees

Core Wallet

Core is Ava Labs' browser-based cryptocurrency wallet for the Avalanche network. The cryptocurrency wallet features a bridge to the bitcoin blockchain, which allows the application's functionality to be significantly extended.

Core is currently available as an extension for Chrome browser, and the developers plan to add support for other browsers soon.

Pros and Cons

Pros:

  • Good reputation and high reliability
  • Simple and intuitive interface
  • Works with Avalanche network

Cons:

  • Available for Chrome only
Core summary

Core Wallet Review Summary 

87% Overall

We have analyzed key features of Core Wallet based on 3 important criteria for choosing crypto wallet:

  • Trustworthy
  • Usability
  • Fees
    Based on researches and our own tests, we have made an independent rating.
86%
Trustworthy
89%
Usability
88%
Fees

Conclusion

The Metamask wallet is generally a better wallet compared to Coinbase because it is connected to more blockchains, offers lower fees and a more secure experience. The Coinbase wallet has only been around for a year, while Metamask has been around since 2016, making it the most battle-tested Web 3 wallet. There are many wallets on the market that can replace Metamask in one aspect or another. When choosing a wallet, pay attention to what you need.

FAQs

What wallet is better than MetaMask?

MetaMask is a digital wallet that stores smart contracts and tokens. It also provides a user interface to send and receive tokens.

It is a browser extension which works with Chrome, Firefox, Opera, and Brave browsers.

MetaMask doesn't work with the Tor Browser or Edge Browser.

There are some other wallets which can be used instead of MetaMask:

- Ledger Wallet - hardware wallet for storing cryptocurrencies securely offline;

- MyEtherWallet - web-based wallet for Ethereum (ETH) crypto coins;

- Exodus - desktop application that functions as a cryptocurrency wallet for Ether (ETH), Litecoin, Bitcoin, Dash and more than 20 other digital assets;

Is MetaMask or Coinbase wallet better?

MetaMask offers a more secure way of storing your cryptocurrency as you have complete control over your private keys. The wallet also offers enhanced security features such as 2FA for transactions. On the other hand Coinbase does not require you to download the entire blockchain which makes it easier for beginners to use but there are some security concerns with this wallet that have been raised by experts in the cryptocurrency space.

Is it good to buy on MetaMask?

Buying on MetaMask is a great way to buy and sell cryptocurrencies.

MetaMask is a browser extension that provides access to Ethereum-based applications. It allows users to interact with the Ethereum blockchain as well as decentralized web applications, including CryptoKitties and EtherDelta, without running a full node.

MetaMask has many use cases in the real world. From buying crypto coins to using crypto-backed loans and more!

Disclaimer:

You should be aware of all the dangers connected with cryptocurrency trading and seek counsel from a financial expert who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered as general market commentary and do not represent investment advice.

Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

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