Coinbase
vs
Binance
Crypto wallets (15)
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MetaMask vs Trust Wallet in comparison

Overview

Description

MetaMask is a leading software wallet for Ethereum-based tokens, serving as both an interface and browser for Web3 applications. Its browser extension is the most popular method for connecting and interacting with decentralized apps, including Web3 gaming, DeFi, and NFTs.

MetaMask
Reviews

Trust Wallet is the official software wallet of the Binance exchange, enabling easy sending, receiving, and trading of coins and tokens. It is particularly popular for its extensive selection of supported cryptocurrencies. Additionally, the app provides access to decentralized apps and NFTs.

Trust Wallet
Reviews
Pro's & Con's
Pro's
  • Popular interface for Web3 applications
  • Compatible with hardware wallets
  • Ability to purchase cryptocurrencies within the app
Con's
  • Slightly complicated for beginners
  • User interface could be more intuitive
  • Does not support Bitcoin storage
  • Only supports EVM blockchains
  • Some tokens need to be added manually
Pro's
  • Supports a wide range of cryptocurrencies
  • Clear and user-friendly app
  • Integrated DApp browser
  • Direct connection to Binance
Con's
  • Very poor customer support
  • No desktop application

User Interface

Information

Wallet type
Software
Software
Price (Hardware)
Supported assets
450000
+
150000
+
Open Source
yes
Yes
no
No
yes
Yes
no
No
Anonymity
Low
Medium
High
Low
Medium
High
Private Key Owner
You (Non-Custodial)
You (Non-Custodial)
Popularity
1.29 million followers
2.72 million followers

Hardware

Screen
Interfaces
Service
Processing quality
Low
Medium
High
Low
Medium
High
Secure Elements
FIDO U2F Authenticator
yes
Yes
no
No
yes
Yes
no
No
Certification
Dimensions
Weight
Scope of delivery

Features

Buy & Sell
yes
Yes
no
No
yes
Yes
no
No
Staking
yes
Yes
no
No
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
yes
Yes
no
No
Backup
Recovery Seed (12 words
Recovery Seed (12 words)
Unique Features
  • Access to Web3 apps
  • Browser extension
  • Connection to hardware wallets
  • DApp browser
  • Lending (earn interest)
Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
7.2
10
7.5
10
Our individual ratings
Operation
7
8
complicated
simple
Supported Assets
450000
150000
simple
extensive
Security & Trust
8
7
simple
extensive
Functions & Scope
8
8
simple
extensive
Beginner friendliness
6
8
simple
extensive
Support
4
4
simple
extensive

About

The Company
Metamask (Mother: ConsenSys Inc.)
Trust Wallet (takeover by Binance)
Headquarters
USA
USA
Company size
Small
Medium
Large
Small
Medium
Large
Founder
-
Viktor Radchenko, Maxim Rasputin
Year of foundation
2016
2017

Our Review

MetaMask is a straightforward wallet supporting all blockchains compatible with the Ethereum Virtual Machine (EVM). Within the Ethereum ecosystem, it functions seamlessly, providing easy access to Web3 applications. MetaMask is often required for these applications as a login alternative for account verification and creation. Therefore, MetaMask is more of an interface to Decentralized Finance (DeFi) and decentralized apps rather than a traditional wallet for managing a crypto portfolio. For the latter, there are better apps available that offer more comfort, easier setup, and simpler operation. However, MetaMask has long been the go-to choice for accessing Web3 and NFTs. This is gradually changing as more wallets now offer similar functionality through browser extensions.

MetaMask
Review

Trust Wallet is a reliable software wallet, particularly suitable for beginners. The app features a clear design and offers useful functions such as a browser for decentralized applications. It also supports the staking and lending of cryptocurrencies within the wallet. Trust Wallet stands out due to its wide range of supported crypto assets. While it is a solid choice, other comparable software wallets are more mature and offer better features. Reviews in the App Store and on various portals indicate that users are often dissatisfied with the poor customer support, among other issues.

Trust Wallet
Review
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
July 9, 2024

About the author

Ethan Parker
Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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