Trust Wallet Vs MetaMask, Which is Better?
trust Wallet and MetaMask are digital wallets where you can store, send, receive, exchange and buy crypto assets. These two are the two most popular crypto wallets and are often used by many crypto enthusiasts. The question is, which is better? Both, Trust Wallet and MetaMask are simple and friendly platforms for beginners in the crypto world. Both can be used by investors or traders to enter the market easily and confidently. These two wallets each also have a mobile application, but there are some differences between the two. Let's discuss it in detail, citing the article from Coindesk below.
What is Trust Wallet?
Trust Wallet provides more features than simply storing users' crypto assets. You can easily access more than 60 blockchain networks, such as Ethereum and Polygon and use popular decentralized applications (dapps). Its dapps platform acts as a bridge so that users can get access to popular Decentralized Exchanges (DEX) such as PancakeSwap and SushiSwap. Users can also buy, exchange and stake crypto within Trust Wallet. Regarding security, Trust Wallet is a hot wallet, meaning it is connected directly to the internet. Trust Wallet, however, is a non-custodial wallet which means it only allows the owner to own and control your private keys and assets on the blockchain. For users who want complete control over their funds, non-custodial wallets are the best choice.
What is MetaMask?
MetaMask allows users to interact with various blockchains, such as the Binance Smart Chain and the Ethereum network through their desktop browser. Simply put, it is a web browser extension that can connect to dapps such as different decentralized finance (DeFi) platforms and non-fungible token (NFT) marketplaces. By default, MetaMask is designed to access the Ethereum network and connect to platforms, such as Uniswap and Compound. It supports the ERC-20 token standard, so users can store almost any token on the Ethereum network. One of the important features of MetaMask is its simple user interface (UI) for exchanging crypto assets. From a web browser extension or application, users can click the “Swap” button which makes it possible to exchange various crypto assets quickly and easily. For security, MetaMask is as strong as Trust Wallet because it is non-custodial and hot wallet. Users will need a non-custodial wallet when interacting with a decentralized exchange (DEX) or decentralized application (DApp).
Trust Wallet or MetaMask, Which to Choose?
Considering each user's needs will influence the decision in choosing between Trust Wallet or MetaMask. In general, Trust Wallet and MetaMask differ in benefits, features and operations. Users need to compare and contrast the two wallets. This list will help analyze and decide which wallet is suitable for you.
TRUST WALLET
This wallet is suitable for you, if you need the following functions:
- You need the flexibility to be able to store more than 4.5 million types of crypto assets and have access to more than 60 blockchains.
- You want the option to purchase crypto assets with a credit card.
- You want to access a wide variety of decentralized applications (dapps) directly through the application itself.
METAMASK
This wallet is suitable for you, if you need the following functions:
- You are primarily interested in Ethereum-based dapps and transacting with the Ethereum network.
- You need it to be compatible with most iOS and Android-based browsers and mobile devices.
- Easy connection to the platform, fast and simple to send ETH to any address in the app in a few seconds.
Limitations to consider
- The MetaMask extension works in most, but not all, web browsers. It is compatible with Chrome, Edge, Brave, and Firefox.
- It doesn't have a dapps menu to explore.
- It does not support Bitcoin.
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