Is MetaMask Falling Behind? The Truth About New Hard & Software Wallet Technologies

Is MetaMask Falling Behind? The Truth About New Hard & Software Wallet Technologies

Summary:

The article discusses the top 15 alternatives to MetaMask, highlighting their unique features, strengths, and weaknesses. The alternatives include popular crypto wallets such as OKX Wallet, Coinbase Wallet, Trust Wallet, and others, each offering varying levels of security, usability, multi-chain support, and additional features like staking, NFT management, and DeFi integration. The review aims to help users choose the best wallet based on their needs, whether for trading, long-term storage, or interacting with decentralized applications.

15 Best Metamask Alternatives In 2024

Metamask Alternatives

People are now seeking even more advanced technology, and the credit goes to the advent of blockchain technology. As a result of this development, numerous payment options including crypto wallets are now available.

In this article, we will be talking about the best alternatives to metamask in 2024 . Have a look:

List of Alternatives to Metamask In 2024

Offers Best user-interface and Customer Experience

1

OKX MetaMask Alternative

 

OKX Wallet

  • Access to over 1,000 DApp protocols and features.
  • Available on iOS, Android and web browsers.
  • Supports 100+ networks, including Bitcoin, Ethereum, OKC, Solana, BSC, Polygon, among others.
  • Swap crypto at the best prices across 20+ networks, 400+ DEXs, and 20+ bridges.
Most Popular Wallet with Incredible Features

2

Coinbase Wallet

Coinbase Wallet

  • Fund wallet with bank, local methods, or cards in 130+ countries.
  • Supports over 100,000 digital assets and dApps.
  • Can access DeFi liquidity pools, decentralized exchanges, and join DAOs.
  • Users can create secure backups of their wallets.
Secure, User-friendly, and Multi-chain

3

Trust Wallet vs Metamask

Trust Wallet

  • Supports 10 millions of assets across 100+ blockchains
  • ISO Certified & Supports staking and DeFi integration
  • Over 130 million users worldwide with zero tracking of personal information.
  • Multi-language support and Biometric authentication options
Secure, User-friendly, and Multi-chain Supporting Wallet.

4

Rainbow Wallet vs MetaMask

Rainbow Wallet

  • In-App DeFi integration and Auto-discovery of tokens and assets
  • Connects to dApps for trading, DeFi, and NFTs
  • Hardware wallets support (Ledger and Trezor).
  • Supports Ethereum and EVM-compatible chains and Cross-chain swaps
Auto-switches Blockchains for dApps

5

Rainbow Wallet vs MetaMask

Rabby Wallet

  • Multi-Chain support available
  • Security engine to verify risks before signing transactions.
  • Support multiple signing modes.
  • Offers real-time balance estimates before signing transactions.
A Safe and Transparent Self-Custody Solution

6

Brave Wallet vs MetaMask

Brave Wallet

  • Multi-chain support – 100+ blockchain networks
  • Built directly into the browser.
  • Manage and swap thousands of assets and NFTs
  • Buy crypto with fiat using on-ramps.
Secure, User-Friendly Solana Wallet

7

Phantom Wallet vs Metamask

Phantom Wallet

  • Multichain support (Phantom, Solana, Ethereum, Polygon)
  • Transaction previews and scam detection
  • Solana staking
  • Customizable user experience and In-App token swapping
Multi-chain DeFi Wallet with Optimized Token Swaps

8

1inch Wallet vs Metamask

1inch Wallet

  • User-friendly for both beginners and pros
  • Multi-chain support.
  • Connect to Web3 apps via WalletConnect or in-app Web Browser.
  • Supports 22 languages and 40+ fiat currencies.
A cryptocurrency wallet that cannot be hacked.

9

Zengo Wallet vs Metamask

Zengo Wallet

  • Zero number of Zengo wallets hacked.
  • Uses multi-party computation (MPC) cryptography security model.
  • Supports over 120 crypto assets, storing and viewing NFTs
  • Offers 24/7 customer support
Managing Ethereum and ERC-20 tokens

10

My Ether Wallet vs Metamask

MyEtherWallet

  • Integration with hardware wallets (Ledger,Trezor).
  • Supports ETH and all 20 ERC-20 tokens.
  • No minimum liquid staking: Up to 3.6% APR & 32 ETH Staking: Up to 4.0% APR
  • Stake, swap and manage crypto tokens on app.
A Secure and User-Centric Cryptocurrency Wallet

11

My Celium Wallet vs Metamask

MyCelium

  • In-app educational material
  • Single Address accounts for deleting private keys to lock up funds
  • Supports Segregated Witness (SegWit)
  • “Watch Only” accounts monitor transactions without sending.
A Multi-Currency Crypto Wallet

12

Exodus Wallet vs Metamask

Exodus Wallet

  • In-app swap between 1000s of assets & Supports 50+ networks.
  • Buy crypto fiat via card, bank, Apple Pay, or Google Pay.
  • 24/7 human support & Easily export transaction history.
  • Integration with Trezor
All-Inclusive Crypto Wallet

13

Safepal Wallet vs Metamask

Safepal

Comprehensive wallet offering Defi services

14

Coin98 Wallet vs Metamask

Coin98 Wallet

  • Supports over 100 blockchain platforms
  • Access to over 1500 integrated DApps.
  • Future-ready technology (multi-chain wallet engine).
  • Community-driven development with over 10 million users from 170+ countries.
Best for Defi and NFT lovers

15

XDefi Wallet vs Metamask

XDefi

  • Aggregation of token balances across all chains.
  • Instant import of wallets from other platforms.
  • Supporting over 10,000 assets & Provides access all DApps on over 200 chains.
  • Hardware wallet support (Ledger and Trezor)

Metamask Alternatives Reviewed In Detail

OKX MetaMask Alternative

1. OKX Wallet

Offers best user-interface and customer experience

5

OKX Wallet

Who benefits most from the OKX wallet?

The wallet is ideal for traders who want to trade via a trading bot. It offers reduced fees and high liquidity on ETH and BTC trading pairs. Also, people understand that trading through a crypto wallet is much simpler and cheaper.

Multichain Yes
Supported Chains Multiple
Browser/Mobile Support Both
NFT Support  Yes
Opensource  Yes
Trading Fees Yes (built-in exchange fees)

OKX WALLET VS METAMASK

 PROS AND CONS

  • High security
  • Advanced trading
  • Brilliant customer service
  • Low fees
  • Relatively slow
  • Unavailable in the U.S.
CoinBase

2. Coinbase Wallet

Most popular wallet with incredible features

4.8

Coinbase wallet big

Who benefits most from the Coinbase wallet? 

Coinbase Wallet might be a suitable choice if you want to store a large range of cryptocurrencies with simple access to exchanges and the decentralized finance ecosystem.

Multichain  Yes
Supported Chains  Multiple
Browser/Mobile Support Both
NFT Support  Yes
Opensource  Yes
Trading fees  Free

COINBASE WALLET VS METAMASK

 PROS AND CONS

  • Supports a large number of cryptocurrencies
  • High security
  • Free to use
  • Not an open-source crypto wallet
  • No desktop application
Trust Wallet

3. Trust Wallet

Most trusted wallets of all

4.8

This multi-chain metamask alternative wallet is compatible with various cryptocurrency networks that function in distinctly different ways, ranging from blockchains used for payment solutions to blockchains supporting smart contracts at the enterprise level. It is said to support over a million coins and tokens as of January 2023, on 65 different blockchains.

Trust Wallet

Who benefits the most from Trust Wallet? 

Trust Wallet is especially true for mobile users, as Trust is highly popular on both Android and iOS devices. It is the official crypto wallet of Binance. Trust Wallet supports Bitcoin and blockchains from the Ethereum ecosystem.

Multichain  Yes
Supported Chains  Ethereum Mainnet, Solana Mainnet, BNB Chain Mainnet, Polygon Mainnet
Browser/Mobile Support Both
NFT Support  Yes
Opensource  Yes
Trading fees  Free

TRUST WALLET VS METAMASK

 PROS AND CONS

  • Most secure medium for storing crypto assets
  • Simplifies routine transactions involving cryptocurrencies relative to hardware wallets
  • NFT holders can store and transact their NFTs from their Trust Wallet
  • Unsuitable for beginners
  • Cold wallet unavailable
Rainbow Wallet

4. Rainbow Wallet

Several features to provide ultimate customer satisfaction

4.5

The experience is incredibly user-friendly, and the interface is elegantly simple. Using this app is actually fun.

Rainbow Wallet Crypto

Who benefits from Rainbow? 

Rainbow wallet allows users to purchase, store, transmit, and swap nearly any cryptocurrency asset. It manages your entire cryptocurrency portfolio in general. Users looking for multichain accessibility must try the Rainbow wallet.

Multichain  No
Supported Chains  Ethereum Mainnet and testnets
Browser/Mobile Support  Both
NFT Support  Yes
Opensource  No
Trading fees  No Built-In Fees

RAINBOW WALLET VS METAMASK

 PROS AND CONS

  • Brilliant user interface
  • Supports ENS
  • No free version
  • Only supports Ethereum
Rabby Wallet Running

5. Rabby Wallet

Best crypto wallet offering quick transactions

4

Rabby Wallet Game Changer

Who benefits most from the Rabby wallet? 

If you are someone who has to use multiple wallets, Rabby Wallet is an ideal choice for you. By automatically switching to the correct chain based on the Web3 dApp visited, it provides a seamless multi-chain experience. Some claim it’s a practical choice for receiving airdrops and maintaining several wallets.

Multichain Yes
Supported Chains  Yes
Browser/Mobile Support Both
NFT Support  Yes
Opensource  Yes
Trading fees  Free

 

RABBY WALLET VS METAMASK

 PROS AND CONS

  • Interface that is easy to use
  • The initial wallet displays the change in your anticipated balance
  • Accommodates a large number of digital assets
  • Integration with well-known cryptocurrency trading platforms
  • Total command over private keys
  • Connectivity problems with decentralized apps (dApps)
  • Unresponsive support
Brave Wallet

6. Brave Wallet

Most secure wallet, proving self custody

3.9

Brave Wallet

Who benefits most from the Brave wallet? 

With Brave Wallet, you may link other wallets and web3 DApps, purchase, store, transmit, and swap nearly any cryptocurrency asset or NFT, and manage your entire cryptocurrency portfolio in general. Although BAT obtained through Brave Rewards can be kept in the Brave Wallet, the two services have no further connection.

Multichain  Yes
Supported Chains  Ethereum Mainnet, Solana Mainnet, BNB Chain Mainnet, Polygon Mainnet
Browser/Mobile Support Both
NFT Support  Yes
Opensource  Yes
Trading fees  Free

BRAVE WALLET VS METAMASK

 PROS AND CONS

  • Users can view both historical and real-time market graphs
  • Transfer and receive resources
  • Engage with DApps on any network that is compatible with EVM
  • Different browsers don’t support the same plugins
  • A small number of decentralized apps
Phantom Wallet

7. Phantom Wallet

Best Solana wallet

3.8

Phantom Wallet Trust

Who benefits most from the Phantom wallet? 

Using self-custody wallets such as Phantom offers several advantages, such as total control over your cryptocurrency assets and easy access to a wide range of web3 applications.

Multichain  Yes
Supported Chains  Solana Mainnet
Browser/Mobile Support Both
NFT Support  Yes
Opensource  Yes
Trading fees  No

PHANTOM WALLET VS METAMASK

 PROS AND CONS

  • Support for multiple chains on the Ethereum, Polygon, and Solana networks
  • Security is a top priority for the firm
  • Integration of ledger hardware wallet
  • Ledger is not compatible with Phantom on mobile apps or the Firefox web browser
1inch Wallet

8. 1inch Wallet

A crypto wallet with built-in DEX aggregator

3.8

1inch Wallet

Who benefits most from 1inch wallet?

The 1inch wallet is an ideal choice for investors, as the integrated DEX aggregator in the 1inch Wallet offers the greatest trading rates and a number of useful features for both novice and seasoned traders, making it the ideal starting place for DeFi. A popular fiat-on ramp provides the possibility of purchasing a cryptocurrency using fiat.

Multichain  Yes
Supported Chains  Ethereum Mainnet, Polygon Mainnet, Avalanche Mainnet, BNB Chain Mainnet, Optimism Mainnet, Arbitrum One
Browser/Mobile Support  Both
NFT Support  Yes
Opensource  Yes
Trading fees  No

1INCH WALLET VS METAMASK

 PROS AND CONS

  • A vast array of cryptocurrencies
  • Compatible with multiple wallets
  • Limit orders are something you can set
  • Not subject to US regulations
  • Unsuitable for novice investors
Zengo Wallet

9. Zengo Wallet

A cryptocurrency wallet that cannot be hacked

3.7

Zengo Wallet

Who benefits most from Zengo Wallet

For cautious cryptocurrency investors, especially those with substantial holdings, Zengo is an excellent choice. It provides features for security that are unmatched, such as MPC technology. By doing this, private key vulnerabilities are eliminated without requiring a hardware device. Crucially, users have complete control over their cryptocurrency holdings because Zengo is a non-custodial wallet.

Multichain  No
Supported Chains  Ethereum Mainnet
Browser/Mobile Support Both
NFT Support  Yes
Opensource  No
Trading fees  No

ZENGO WALLET VS METAMASK

 PROS AND CONS

  • Allows NFT transactions and lets you store more than 70 crypto assets
  • 8% APYs are possible
  • A few features that are only available in specific countries
  • Only available on mobile devices
My Ether Wallet

10. MyEther Wallet

Best wallet for Ethereum enthusiasts

3.6

My Ether Wallet

Who benefits most from MyEtherWallet

With MyEtherWallet, an open-source client-side interface, users may securely access the Ethereum blockchain on their own to store, transfer, receive, and deal with Ether and ERC-20 tokens. Users get complete control over assets and the benefits of industry-standard encryption protections without relying on any third parties.

Multichain  Yes
Supported Chains  Ethereum, BSC, Polygon, Avalanche, Fantom
Browser/Mobile Support  Both
NFT Support  Yes
Opensource  No
Trading fees  Connects to DEXs

 

MYETHERWALLET VS METAMASK

 PROS AND CONS

  • Security improvements and community auditing are made possible by the open-source code
  • Token management for ERC-20 and Ether is made simple by the user-friendly UI
  • MyEtherWallet does not prioritize additional tools over the essential wallet features
  • Lost keys or forgotten passwords result in permanent access loss for a non-custodial wallet
My Celium Wallet

11. My Celium

A transparent and user friendly wallet

3.5

My Celium Wallet

 

Who benefits most from MyCelium

For cryptocurrency investors that prioritize security and self-custody, the Mycelium wallet is a good choice. It really is a “not your keys, not your coins” choice that enables investors to protect their money from some of the recent scandals in the cryptocurrency space.

Multichain  Yes
Supported Chains  Ethereum, BSC, Polygon, Avalanche, Fantom
Browser/Mobile Support Both
NFT Support  Yes
Opensource  Yes
Trading fees  Connects to DEXs

MYCELIUM WALLET VS METAMASK

 PROS AND CONS

  • Straightforward and free cryptocurrency wallet
  • Absence of exposure to centralized transactions
  • Users of Mycelium are in total control of their assets
  • There is no desktop version available
Exodus Wallet

12. Exodus Wallet

A wallet that supports over 260 cryptocurrencies

3.4

Exodus Wallet

Metamask vs Exodus

Exodus is more flexible than Metamask, even though both wallets support a wide range of digital assets; Metamask users who want to store Cardano or Solana, for example, will need to get another wallet. The main advantage of Exodus over MetaMask is its compatibility with more blockchain networks and associated assets. Users of Exodus may now keep all of their assets in one handy location.

Who benefits most from Exodus

Users have complete control over their cryptocurrency holdings with Exodus’ straightforward approach. Users are shown their private keys when they set up their wallets for the first time.

Multichain  Yes
Supported Chains  Bitcoin, Ethereum, BSC, Polygon, Avalanche
Browser/Mobile Support  Both
NFT Support  Yes
Opensource  No
Trading fees  No Built-In Fees

EXODUS WALLET VS METAMASK WALLET

 PROS AND CONS

  • Exceptionally beautiful user interface, free to use
  • Directly stake in your wallet to generate passive income
  • Change things in your wallet (region restricted)
  • Incompletely open source
  • Only works with hardware wallets from Trezor
Safepal Hareware Wallet

13. Safepal

All-inclusive crypto wallet

4.2

The greatest cryptocurrency wallet for both novices and experts is SafePal Wallet. Securely and conveniently buy, sell, and trade cryptocurrency. You can safeguard and manage Bitcoin, Ethereum, and thousands of other digital assets with your choice of mobile, hardware, or extension wallets.

Safepal Hareware Wallet

Who benefits most from Safepal

For novice and experienced investors alike, SafePal is a hardware cryptocurrency wallet that provides secure cryptocurrency management options.

Multichain  Yes
Supported Chains  Bitcoin, Ethereum, BSC, Polygon, Avalanche
Browser/Mobile Support Both
NFT Support  Yes
Opensource  No
Trading fees  No Built-In Fees

SAFEPAL WALLET VS METAMASK

 PROS AND CONS

  • Accepts more than 5000 coins
  • Cheap, safe, and easy-to-use wallet
  • Some worries regarding the hardware wallet’s security
Coin98 Wallet

14. Coin98 Wallet

Comprehensive wallet offering Defi services

3.3

Coin98 Wallet

Who benefits most from Coin98

As a comprehensive DeFi platform, Coin98 Exchange provides a wide range of services across several blockchains. Users may easily exchange, stake, lend, borrow, earn cryptocurrency, and access a range of DeFi services all in one location.

Multichain  Yes
Supported Chains  Ethereum, BSC, Polygon, Avalanche, Solana
Browser/Mobile Support  Both
NFT Support  Yes
Opensource  No
Trading fees  No Built-In Fees

COIN98 WALLET VS METAMASK

 PROS AND CONSUser-friendly for everyone in order to hasten DeFi’s expansion.

  • User-friendly for everyone in order to hasten DeFi’s expansion.
  • More than 20 blockchains and their native tokens are available for choosing.
  • C98’s performance is impossible to forecast.
  • XDefi Wallet

15. XDefi

Best for Defi and NFT lovers

3.2

XDefi Wallet

Who benefits most from Xdefi

The versatility provided by supporting different networks is unmatched for cryptocurrency aficionados who interact with various blockchain ecosystems. Users no longer need different wallets for every blockchain they connect with, thanks to XDEFI’s multichain compatibility.

Multichain  Yes
Supported Chains  Ethereum, BSC, Polygon, Avalanche, Fantom
Browser/Mobile Support  Both
NFT Support  Yes
Opensource  Yes
Trading fees  Built-In Trade Fees

XDEFI WALLET VS METAMASK

 PROS AND CONS

  • Users may access and administer several networks using a single platform thanks to multichain functionality
  • Simple Portfolio Monitoring
  • Distributed Token Exchanges
  • Not yet accessible on iOS and Android
  • Absence of staking assistance

What is a MetaMask Wallet?

Launched in 2016, MetaMask is a top self-custodial wallet used by more than 100 million users globally. They are able to store, send, and receive Ethereum as well as Ethereum-related tokens, granting them access to dApps such as DeFi and NFT marketplaces. The user-friendly interface is compatible on web browsers and mobile apps, providing token management and swapping capabilities with high-quality security measures.

Meta Mask Crypto Wallet

MetaMask enables users to access Ethereum and a range of tokens, as well as providing the capability to engage with decentralized applications (dApps) for activities like trading, gaming, and DeFi. It also facilitates EVM-compatible networks like Binance Smart Chain and Polygon, enhancing its versatility. While it primarily backs Ethereum assets, it does not provide direct support for other cryptocurrencies such as Bitcoin.

MetaMask imposes a service fee ranging from 0.3% to 0.875% on token exchanges and network fees on transactions to support wallet maintenance and growth.

Conclusion

These days, cryptocurrency wallets provide some unmatched features that not even a fiat wallet could match. Metamask has garnered an overwhelming response over the years for its impeccable integrations and exemplary security features. Following in the footsteps of Metamask, there are many crypto wallets that could give Metamask a run for its money.

As mentioned above, the OKX wallet scored the highest position based on our parameters. Nevertheless, there are other notable wallets that could also help users based on their requirements.

Link: The post “15 Best Metamask Alternatives In 2024” first appeared on CoinGape.

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