Top wallets
MetaMask Wallet
Description
MetaMask is one of the most popular non-custodial cryptocurrency wallets in the world, actively used by millions of users globally. As of 2024, the number of active MetaMask users surpassed 120 million. The wallet supports tokens based on Ethereum and other EVM-compatible blockchains such as BNB Chain, Polygon, Arbitrum, and Avalanche. MetaMask is available as a mobile app for iOS and Android, as well as a browser extension for Chrome, Firefox, Brave, and Edge.
Main features of MetaMask
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Security: MetaMask stores private keys locally on the user’s device, giving full control over digital assets. It supports biometric authentication and PIN protection.
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Built-in swap service: Users can swap thousands of tokens directly in the app through integrated DEX aggregators.
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Support for fiat conversion: MetaMask allows users to buy cryptocurrencies using bank cards and other payment services via built-in fiat gateways.
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Staking and DeFi access: Seamless access to popular DeFi protocols for staking, lending, and yield farming.
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Hardware wallet integration: Compatible with Ledger and Trezor devices via the browser extension.
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NFT compatibility: Full support for NFTs — store, view, and interact with non-fungible tokens directly in the app.
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MetaMask Snaps: A modular system that extends MetaMask’s functionality, allowing support for new blockchains and custom features without updating the main app.
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Smart contract interactions: A user-friendly interface for interacting with decentralized applications (dApps) and Web3 platforms.
In 2024, MetaMask continued to enhance its ecosystem by integrating new tools focused on user experience, advanced security, and interoperability with a wide range of Web3 services.
Main characteristics
| Name | Value |
|---|---|
| Wallet Name and Brand | ConsenSys product; one of the most popular Web3 wallets |
| Type of Crypto Wallet | Mobile app & browser extension; non-custodial, Web3 client |
| Supported Crypto Assets | Primarily Ethereum & ERC‑20 tokens; expandable via custom RPC |
| Stablecoin Support | Yes—stablecoins available on Ethereum (USDT, USDC, DAI) |
| Deposit Methods | Crypto transfers; fiat on-ramps via third-party integrations |
| Deposit Limits | No inherent limits beyond blockchain constraints; fiat limits by provider |
| Transaction Limits | No internal limits; subject to blockchain constraints |
| Crypto-to-Fiat Conversion Method | Swap function available; no direct fiat conversion; use external on-ramps |
| Size of Conversion Fee | Swap fees include spread (~0.5–1%) plus gas fees |
| Transaction Fees Within the Network | Network fees apply as per Ethereum; no additional wallet fee |
| Fixed Fees | No fixed monthly fees |
| Built-in Exchange Features | Native swap feature (MetaMask Swaps) aggregates liquidity |
| Multi-currency Balance Support | Displays ETH + ERC‑20 tokens; users add custom tokens |
| Web3 Service Integration | Excellent Web3 integration; default wallet for dApps |
| Staking or Lending Features | No native staking; serves as gateway to external staking protocols |
| Referral Program | No built-in referral program |
| Obligatory KYC Requirements | No KYC required for wallet usage; needed only for fiat purchases |
| Verification Levels and Their Details | Not applicable—no KYC tiers |
| KYC Processing Speed | Not applicable |
| Minimum Verification Threshold for Basic Usage | None |
| Security Measures | Local encryption, seed phrase backup, phishing warnings |
| Key Storage Model | Non‑custodial – keys stored locally |
| Backup Features | 12‑word (or 24‑word) seed phrase backup provided |
| Platform Transparency | Open-source components; detailed docs available |
| Asset Insurance Availability | No insurance provided |
| Multi-signature Support | No native multi‑sig; can interact with multisig contracts |
| User Interface and Usability | Minimalistic and simple UI; widely praised for ease of use |
| Availability of Mobile App | Yes – available on both iOS and Android (plus browser extension) |
| Compatibility with Mobile Operating Systems | Fully compatible with Android and iOS |
| Compatibility with Desktop Operating Systems | Browser extension available for Windows, macOS, Linux |
| Web Interface | No standalone web app (use extension instead) |
| Support for Additional Platforms and Devices | Integrates with hardware wallets (Ledger, Trezor) via extension |
| Transaction Speed | Fast UI response; network-dependent confirmation times |
| Cross-chain Exchange Support | Users add custom networks; no native cross-chain support |
| Transparency of Fees and Terms | Fees are clearly shown before transactions are confirmed |
| Update Frequency | Actively maintained; updates released frequently (bi-weekly or monthly) |
| Company History and Brand Reputation | MetaMask is a flagship Web3 wallet by ConsenSys; industry standard |
| User Reviews and Independent Ratings | Consistently high ratings (4.5+ stars); popular among DeFi users |
| Customer Support Quality | Extensive documentation, community forums, and support articles |
| Geographic Availability | Globally available; no geographic restrictions |
| Compliance with European Regulations and Standards | Non‑custodial; minimal data collection ensures GDPR compliance |
| Availability for EU Residents | Fully available to EU residents; built with global accessibility |
| Integration with Exchange Services and Liquidity Aggregators | Aggregates multiple DEX liquidity sources via MetaMask Swaps |
| Support for Decentralized Applications (dApps) | Excellent dApp browser; default wallet for many dApps |
| Portfolio Management Tools | Basic portfolio view; tracks ETH/tokens; limited advanced analytics |
| Customization Options for Settings and Filters | Offers advanced settings: gas fee adjustments, theme options, custom tokens |
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