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What is MetaMask?
MetaMask is a browser plugin which can be installed in a similar way as other plugins. The plugin works as an Ethereum Wallet. Users can store Ether and other ERC-20 tokens. These tokens help in performing transactions with other Ethereum addresses. MetaMask needed to be connected to the Ethereum- based apps so that users can spend their coins in trading, gaming, and gambling.
Cost of MetaMask
For each swap, a service fee of $ 0.875 percent is charged.
Why MetaMask Alternatives?
There are a few disadvantages of using MetaMask wallet which are mentioned below
Supports only two types of tokens
Difficult to use a hardware wallet
Can be used only as a browser extension
How to choose a MetaMask Alternative?
There are many features available in MetaMask which are as follows −
Tokens can be swapped anywhere and any time
Gas fee is adjustable
Support different types of network
Easy to create wallet
There are many other features besides these. If you are looking for an alternative to MetaMask, check whether these features are available, or not.
Top 10 MetaMask Alternatives
If you are not satisfied with MetaMask, you can use its alternatives which are discussed in detail.
Alternative 1 – SafePal
SafePal is a crypto wallet suite which provides solutions for software and hardware wallets. More than 8 million users are served by this crypto wallet. SafePal supports 55 blockchains, tokens and NFTs.
Hardware wallet does not have Bluetooth, NFC, and Wi-Fi so the private key is secure and offline. Hardware wallets can communicate directly to SafePal with the help of a QR code. SafePal supports 15 languages and 54 chains.
Alternative 2 – Trust Wallet
Trust Wallet is an official crypto wallet and belongs to Binance. Cryptocurrencies and digital wallets can be easily stored, sent, and received through this app. The app is secure and its performance is very fast. You can play blockchain games through the app. Bitcoins and blockchains from the Ethereum ecosystem are supported by Trust Wallet. The app can be easily installed on iOS and Android devices. Video tutorials are available to understand the working of this wallet
Alternative 3 – Ledger Nano X
Ledger Nano X is one of the most popular wallets in the market. One main feature of this app is that it supports a lot of cryptocurrencies. Ledger Nano X supports cold wallet while MetaMask works on hot wallet. This means that Ledger Nano X stores the private keys offline so there is no security problem. Users can store more than 1,300 kinds of cryptocurrencies in their Nano X wallet. Users can use 100 coins and tokens through the blockchain apps at a time.
Alternative 4 – Atomic Wallet
Atomic Wallet has around 5 billion users all around the world. The app is secure and private. For storing crypto assets. Atomic wallet can be used easily on mobile devices. It has been reported that around one million Android app of the wallet has been downloaded. Atomic wallet provides support to 300 cryptocurrencies. Atomic wallet does not support EVM integration features.
Alternative 5 – MathWallet
MathWallet is a multiplatform and multi-chain crypto wallet which can be used for storing crypto and assets. The app has many features like storing and trading cryptocurrencies, creating multiple wallets, managing token exchanges, and many more. There are various ways which can be used for securing assets. These include −
It is available on mobiles, desktops, browser extensions, and hardware.
Alternative 6 – Exodus
Exodus Wallet is a better option for those users who have less or no experience with cryptocurrencies. The wallet is easy to use. Exodus will let you know the process of knowing about the wallet. It will also let you know the process of sending and exchanging crypto. There is no need to set up an account to use the wallet. Exodus wallet lets your crypto assets stored on your mobile so provides more safety in comparison to MetaMask that stores the assets on a browser. Exodus wallets provide 120 different options.
Alternative 7 – MyEtherWallet
MyEtherWallet is considered as the original Ethereum wallet which supports Ethereum blockchain since the time it is launched. The tokens that this wallet supports are ETH and ERC-20. The wallet also supports NFTs and decentralized applications. The total number of users of this app is 3 million. Users can access the decentralized application platforms through MEWConnect. MEW swap also allows the cross-chain exchange of assets.
Alternative 8 – WalletConnect
WalletConnect is a software which can be used to connect decentralized applications to cryptocurrency wallet. The software has also been developed to work on different blockchains such as Ethereum, Polkadot, Solana and many others. WalletConnect has the ability to connect with different types of wallets. This helps in transacting with different chains simultaneously.
Alternative 9 – Jaxx
Jaxx is an online wallet that has the ability to work with different currencies. Users can store their crypto assets securely and safely. Jaxx can be accessed through various platforms like Linux, Windows, Mac, iOS, Android, and many more. It can also be accessed as an extension on Chrome or Firefox browser through extensions. The wallet has simple interface and assets can be protected by security protocols. Jaxx stores the private keys on the device. The wallet supports 80 cryptocurrencies
Alternative 10 – Coin98 Wallet
Coin98 is a cryptocurrency wallet which has executed more than 2 million transactions. The wallet was launched in 2021 and since then, it has been downloaded for 500,000 times. The wallet is being used by 400,000 investors belonging to more than 150 countries. Coin98 includes a wallet which is used for storing cryptocurrency assets. The wallet is accessed on mobiles and browsers. It supports around 26 blockchain networks.
MetaMask Wallet uses only two tokens. There are security concerns and hardware wallet cannot be used easily. There are many alternatives available that provide better services than MetaMask. These alternatives are being used by millions of users in different countries. They support different types of tokens.
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