MetaMask vs Trust Wallet: 2023 Comparison

Written By
David
First Published
May 26, 2023
Last Updated
September 5, 2024
Estimated Reading Time
5 minutes
metamask vs trust wallet
In this article...

TL;DR

  • MetaMask and Trust Wallet are very similar. Both are non-custodial, Web3 hot wallets. You can buy, send, receive, and swap cryptos with both wallets. Both connect with dApps and allow for staking and storing NFTs. Both are available via desktop browser extension and mobile.
  • The major difference between the two relates to blockchain and crypto compatibility. MetaMask only works with EVM-compatible blockchains and cryptos. But Trust Wallet works with both EVM-compatible and non-EVM-compatible blockchains and cryptos. For example, you can store bitcoin on Trust Wallet, but not on MetaMask.
  • MetaMask is likely the best choice if you’re deep into ERC-20 coins and dApps because the wallet will give you more and better Ethereum-based integrations.
  • Trust Wallet is a better choice if you’re new to crypto because you can store all your coins in one place and due to the wallet’s clean and simple user-interface (UI).

If you’re reading this, then you’re probably trying to figure out whether MetaMask or Trust Wallet is the right crypto wallet for you. Well, you’ve come to the right place, fren.

Below is a no BS comparison between two of the most popular crypto wallets on the market. The good, the bad, and the ugly. All white meat. No fat. This is MetaMask vs Trust Wallet in 2023.

Let’s dive in.

MetaMask Trust Wallet
Strengths – The OG Web3 wallet pioneer.
– King of Ethereum dApp integrations.
– EVM & non-EVM compatible. Bitcoin, Ethereum, etc., etc.
– Clean UI.
– Great for beginners.
Weaknesses – EVM-compatible blockchains & cryptos only. No bitcoin. *Honestly not finding any major weaknesses here folks.
Wallet Category Non-Custodial, Hot Wallet Non-Custodial, Hot Wallet
Platforms Desktop Browser Extension & Mobile (iOS & Android) Desktop Browser Extension & Mobile (iOS & Android)
Supported Blockchains / Cryptos / dApps / NFTs Only EVM-Compatible blockchains, cryptos, dApps, NFTs EVM & non-EVM-Compatible blockchains, cryptos, dApps, NFTs
Uses Buy, Send, Receive, Swap, dApps, Stake, NFTs Buy, Sell, Send, Receive, Swap, dApps, Stake, dApps, NFTs
Security Password, Secret 12 Word Recovery Phrase Password, PIN (mobile), Secret 12 Word Recovery Phrase
Additional Features dApp browser, “Portfolio” Page dApp browser, “Discover” Tab
Fees, Fiat On & Off Ramps *See below * See below

MetaMask vs Trust Wallet: Macro Comparison

Don’t miss the forest for the trees. Here’s how MetaMask and Trust Wallet compare in macro terms.

Similarities

MetaMask and Trust Wallet are both non-custodial, Web3 hot wallets. They are non-custodial because you – as the wallet owner – take custody of your crypto, and no other party has access to your coins. They are hot wallets because they’re connected to the internet.

When it comes to use-cases, both MetaMask and Trust Wallet are effectively the same. Both allow you to buy, send, receive, and swap cryptocurrencies. Both have crypto exchanges built into their platforms. Both connect with smart-contract powered dApps across their respective, applicable blockchains (i.e. this is what makes them Web3 wallets). And finally, both allow you to stake various cryptocurrencies on the wallets themselves, and receive, send, and store NFTs.

In terms of accessibility, both wallets are available as desktop browser-extensions and as mobile apps on iOS and Android.

Differences

The most…

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David learned about bitcoin in 2015 and has closely followed the crypto industry since then. His professional interests center around bitcoin, layer-one blockchain protocols, decentralized finance, and clean energy. An attorney by trade, David has held licenses to practice law in the State of Hawaii and in US federal courts.

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