Coinbase
vs
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Crypto wallets (15)
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MetaMask vs Coinomi in comparison

Overview

Description

MetaMask is a leading software wallet for Ethereum-based (EVM) blockchains, serving as both an interface and browser for Web3 applications. MetaMask's browser extension and IOS / Android app is the most popular method for connecting and interacting with decentralized apps (dApps), including Web3 gaming, DeFi, and NFTs.

MetaMask
Reviews

Coinomi, launched in 2014, it is one of the oldest software wallets on the market, prioritizes security and privacy. The wallet provides a very simple UI with all essential functions for a crypto enthusiast.

Coinomi
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
  • Long-established presence since 2014
  • Simple and user-friendly interface
  • Supports numerous cryptocurrencies
  • Integrated DApp browser
Con's
  • Infrequent software updates
  • Outdated design

User Interface

Information

Wallet type
Software
Software
Price (Hardware)
Supported assets
450000
+
1770
+
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
67,098 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 (24 words)
Unique Features
  • Access to Web3 apps
  • Browser extension
  • Connection to hardware wallets

-

Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
7.2
10
5.8
10
Our individual ratings
Operation
7
7
complicated
simple
Supported Assets
450000
1770
simple
extensive
Security & Trust
8
6
simple
extensive
Functions & Scope
8
6
simple
extensive
Beginner friendliness
6
6
simple
extensive
Support
4
2
simple
extensive

About

The Company
Metamask (Mother: ConsenSys Inc.)
Coinomi
Headquarters
USA
British Virgin Islands
Company size
Small
Medium
Large
Small
Medium
Large
Founder
-
George Kimionis
Year of foundation
2016
2014

Our Review

The MetaMask wallet is one of the most popular wallet providers on the market, supporting all blockchains compatible with the Ethereum Virtual Machine (EVM). MetaMaks is often seen as an interface to most Web3 applications, rather than a wallet to manage your crypto portfolio. While MetaMask has improved its portfolio feature, full EVM support and app, it still lacks clarity and intuitiveness when compared to other software wallets. While MetaMask is a solid wallet choice and has been the go-to wallet for many users in the crypto space, we see other wallets trying to take its place e.g. Trust Wallet, Rainbow Wallet, and Coinbase Wallet.

MetaMask
Review

Coinomi Wallet is a well-known and one of the oldest software wallets in the cryptocurrency space. The wallet provides a very straightforward interface to manage, buy, and exchange cryptocurrencies. The wallet places a strong emphasis on privacy and security. With the Coinomi wallet, you can buy and exchange cryptocurrencies as well as use the integrated DApp browser that provides access to various decentralized applications. While Coinomi is a reliable wallet, we would recommend considering a more modern software wallet, that provides a more user-friendly interface as well as an active development community that keeps building out features for the wallet. At this moment it appears somewhat outdated by today's standards.

Coinomi
Review
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
August 20, 2024

About the author

Ethan Parker
Ethan Parker
Senior Content Editor

At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.

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