As the leading Ethereum and ERC20 token wallet, MetaMask has over 30 million loyal users. However, its singular focus on the Ethereum blockchain ultimately limits functionality for those seeking a unified multi-chain and multi-asset wallet solution. We evaluate the top 5 MetaMask alternatives that allow simplified management of various coins and networks so users aren’t boxed in.
Summary
Based on our expert analysis, the top Metamask alternatives profiled in this guide are:
- Best Wallet: All-in-one portal for swaps, analytics, and news tailored to your portfolio through advanced matching algorithms
- Trust Wallet: Established wallet already servicing 5 million+ customers by combining usability with access to Binance’s industry-leading exchange ecosystem
- Exodus: Intuitive design excellence across desktop and mobile makes Exodus a leading choice for convenience, support and community
- My Ether Wallet: Customizability and decentralization purity for Ethereum die-hards who prioritize complete self-sovereignty
- Coinbase Wallet: Peace of mind security and compliance assurances for managing crypto assets aimed at beginner audiences
Overview of the Best Metamask Alternatives
Best Wallet
Best Wallet provides a unified multi-chain wallet experience centered around usability. The built-in DEX offers seamless swaps between Ethereum, BSC, Polygon and 10+ major token assets with gas-free settlement.
Key Features:
- Native DEX for seamless trades across multiple blockchains like BSC and Polygon with an in-wallet settlement with 10+ supported tokens
- Portfolio tracker provides live price data, transaction history and profit/loss tracking for 2000+ coins across DeFi apps
- AI-curated news feed surfaces emerging token trends, protocol vulnerabilities, and changes in regulations customized to user portfolios
- Biometric security measures like facial recognition are used alongside device attestation for robust anti-phishing protections
Trust Wallet
As Binance’s official wallet, Trust combines strong utility across over 4.5 million assets alongside robust functionality. Integration with the Binance ecosystem provides a beginner-friendly experience where users can enable more advanced features over time.
Key Features:
- Receive and store next-gen Layer 1 blockchains like Avalanche and network tokens like Uniswap or Chainlink
- Direct fiat onramps lets users purchase BTC, ETH via Apple/Google Pay to bypass exchanges
- Multi-chain DApp browser provides trustless connectivity to decentralized finance markets with asset yields up to 20%
- MPC (multi-party computation) powers keyless, algorithmically-enforced asset protection without single point of failure
Exodus Wallet
Exodus delivers a refined balance between design and functionality in one unified desktop and mobile crypto gateway.
Key Features:
- Built-in support for 160+ exchange pairs, including DeFi blue-chips like Uniswap, PancakeSwap etc
- 24/7 human agents address wallet access issues in under 60 seconds via phone, email, and chat
- Custom token additions fueled by weekly votes from Exodus wallet community members
- Ongoing Web 3.0 feature expansion: NFT support, social recovery, bridges between chains
MyEtherWallet
As the pioneering self-sovereign wallet, MyEtherWallet set the standard for decentralization by enabling complete user control of Ethereum private keys to minimize counterparty risk since 2015.
Key Features:
- Build and manage hardware wallet functionality supporting Trezor, Ledger, Keystone, and more
- MEW wallet platform has facilitated over $400B in on-chain transactions since 2015 inception
- Direct fiat onboarding lets users purchase ETH via Transak integration using cards or bank transfers
- MEW CX suite enables users and enterprises to spin up and administer Ethereum nodes
Coinbase Wallet
Optimized for first-time cryptocurrency users, Coinbase Wallet simplifies self-custody to easily interact with blockchain applications by integrating functionality from the Coinbase crypto exchange ecosystem.
Key Features:
- Direct fiat and payment integrations with Coinbase allowing buys/sells from within wallet using cards or bank accounts registered on platform
- Coinbase Cloud account backup means lost wallet credentials can be securely recovered using cloud storage
- Open source client-side encryption protects keys while letting users retain control
- Built-in access to leading DeFi markets like Uniswap, MakerDAO etc saves on ETH gas transaction fees
Why Choose an Alternative to MetaMask?
MetaMask is undoubtedly the most popular Ethereum-based wallet. However, it only supports the Ethereum blockchain and ERC token standards. Users looking to store BTC or cryptos from other chains need an alternative.
The top MetaMask alternatives featured here allow you to manage multiple blockchains and crypto assets from a single wallet. This gives more flexibility and diversification options.
Factors to Consider in an Alternative
When evaluating alternatives, we looked at several key factors:
Ethereum and ERC Support – Seamless integration with Ethereum blockchain and popular token standards like ERC-20 and ERC-721.
- Multi-Chain Capabilities – Support for non-Ethereum crypto assets so users aren’t limited.
- Supported Cryptocurrencies – A variety of major crypto assets supported beyond just Ethereum-based tokens.
- Security Features – Robust encryption, private keys, multi-factor authentication etc.
- Supported Devices – Availability as mobile and desktop apps across major platforms.
- Beginner Friendliness – Intuitive interfaces tailored for crypto newcomers.
- Decentralized Architecture – Solutions that are non-custodial without centralized points of failure.
- Ongoing Development – Consistent updates to features and security by the developer team.
- Community Support – Active user forums and channels for assistance and feedback.
Extending MetaMask Functionality
While MetaMask acts as a gateway to the Ethereum ecosystem, some users want to connect other networks for assets not native to Ethereum.
Advanced users can integrate additional chains like Solana, Stacks and StarkNet into MetaMask for seamless cross-chain transactions.
For example, by adding Solana to MetaMask, SOL tokens can be transferred directly between the high-speed Solana blockchain and Ethereum apps.
Likewise, integrating Stacks with MetaMask bridges Bitcoin’s capabilities like smart contracts and NFT minter functionality with MetaMask’s usability.
Adding StarkNet support to MetaMask offers similar functionality for this permissionless L2 network specializing in Ethereum scalability and compatibility.
Conclusion
While MetaMask leads the market, the alternatives showcased provide viable options for specific user needs. For instance, Best Wallet prioritizes usability, while MyEtherWallet focuses on decentralization.
Evaluate your priorities around features, platforms, coins, security and experience before deciding on the ideal MetaMask alternative for your crypto holdings.
FAQs
Which MetaMask alternative is the most secure?
MyEtherWallet is likely the most secure alternative as users can create and self-custody wallets giving them full control of private keys. It also uses encryption and supports hardware wallets.
Can I store NFTs on MetaMask alternatives?
Most leading alternatives like Trust Wallet, Coinbase Wallet and Exodus support NFTs on Ethereum and other chains. Upcoming wallet Best explicitly focuses on NFT support as a key feature.
What’s the easiest MetaMask alternative for beginners?
Coinbase Wallet has the most straightforward interface specifically tailored for first-time crypto users. It also offers easy integrations to the Coinbase crypto exchange.
