DeFi: Here are the top 5 MetaMask alternatives

Lavina Daryanani
Source: Business Insider

MetaMask has already created a niche for itself in the crypto wallet industry. As such, it aids users in accessing their Ethereum wallets via a mobile app or web browser extension. However, if you are considering starting using this wallet, you might as well look into other alternatives before taking a final call.

MetaMask alternatives/competitors

Here is a list of other wallets that are considered to be MetaMask alternatives/competitors:

  • MyEtherWallet: First on the list is this open-source, client-side tool used to interact with the blockchain directly. MyEtherWallet allows users to swap digital assets directly within the service to avoid regular visits to external platforms and exchanges.
  •  Coinbase Wallet: This is another alternative that users consider. Coinbase is a mobile crypto wallet that supports multi-coin assets, ERC-20 tokens, and ERC-721 collectibles. This wallet also provides users access to dApps on web3 powered by Ethereum smart contracts. Its non-complex UI gives it a maximum advantage compared to its competitors.
  • Gnosis Safe: This smart contract-based wallet aids users in managing their funds and interacting with dApps on Ethereum. It requires a minimum number of people to approve a transaction before it can occur, making it a pretty secure option.
  •  Phantom: Like MetaMask, Phantom is a wallet cum browser extension that can be used to manage cryptos and access decentralized applications on the Solana blockchain.
  •  XDEFI Wallet: This is a cross-chai, non-custodian wallet extension that allows you to securely swap, store, and send NFTs and crypto across 13 blockchains. It is one of the few wallets with native integrations on Ethereum, Terra, THORChain, and other EVM networks.
  •  BitGo Crypto Wallet: BitGo is an institutional-grade multi-coin wallet for cryptos. Features like multi-signature and three key management remove any single point of failure, giving it an additional edge. Essentially, its advanced security configurations make sure that assets are secure.
  • ZenGo: This crypto wallet is user-friendly and provides reasonably good support services. Users can buy/sell and store over 70 cryptos on this platform. 
  • StakedWallet.io: Using this new-gen wallet, users can earn by staking. StakedWallet.io has other functionalities for exchanging cryptos, and it also has a bounty program and a 5-level referral.